While 24 states have legalized recreational marijuana use, it remains a criminal activity under the federal Controlled Substances Act, and bankruptcy courts generally have been a rather hostile forum for debtors employed in the marijuana industry.
A lawsuit accuses Lewis Brisbois Bisgaard & Smith of conspiring to deflect blame for its failure to protect 185 Chinese investors who lost $92.5 million that they invested in a hotel and condominium project through an investment group called CMB Export.
Updated: A former San Antonio lawyer was able to steal millions of dollars from his clients because of Wells Fargo’s “avarice and greed” and “intentional disregard of banking regulations,” according to a lawsuit filed Monday.
A proposed class action lawsuit filed by investors in cryptocurrency exchange FTX accuses Sullivan & Cromwell of aiding and abetting fraud by providing legal services that went “well beyond” usual legal work.
A lawyer in Charlotte, North Carolina, put the knowledge that he gained at a fall conference to use when he visited a homeowner and averted a financial scam.
A judge overseeing the criminal fraud trial of FTX founder Samuel Bankman-Fried has told defense lawyers multiple times to stop repeating themselves, telling one of them in a sidebar that he doesn’t have to "set a record for the longest trial."
Former President Donald Trump has told reporters that it was “very unfair” that he didn’t have a jury trial in the civil fraud case alleging that he inflated the value of his properties in statements to insurers and banks.
The trial judge hearing the civil fraud case against former President Donald Trump drew the line Tuesday after learning of a social media post targeting his law clerk that included her photo and her name.
A New York state judge ruled in a civil lawsuit Tuesday that former President Donald Trump inflated the value of his property in fraudulent statements provided to lenders and insurers.
FTX founder Sam Bankman-Fried has alleged that Sullivan & Cromwell lawyers made him the fall guy in the collapse of the cryptocurrency exchange while downplaying its work for the company.
High-profile lawyer David Boies charges $2,110 per hour, putting him “in a still-rarified realm of attorneys who charge upwards of $2,000 an hour,” according to Reuters.
Collapsed cryptocurrency exchange FTX Trading has filed a lawsuit alleging that two Stanford Law School professors—the parents of the company’s founder—used their influence to enrich themselves.
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