Wake Up Call: Trump to Pick Jessie Liu for Top Treasury Sanctions Job: Report

Dec. 11, 2019, 1:13 PM
  • President Trump plans to nominate former Morrison & Foerster partner Jessie K. Liu, the current U.S. attorney for the District of Columbia, to become the Treasury Department’s undersecretary for terrorism and financial crimes, a report says. Trump earlier this year picked Liu to be the Justice Department’s No. 3 attorney, but she had to withdraw after some Republicans on the Senate Judiciary Committee complained about her conservative credentials, in particular her membership a decade ago in a women’s group that supported abortion and fought Samuel Alito’s nomination to the U.S. Supreme Court court. (WaPo)

  • Exxon Mobil Corp., represented by a Paul Weiss team led by partner Theodore Wells, beat New York state’s securities fraud lawsuit accusing the energy giant lying to shareholders for years about the financial risks of climate change. (BN via Bloomberg Environment)

  • Law firm revenues started off slow this year but are expected to gain 5.5% to 6.5% overall when 2019 closes, mainly driven by rate increases, a new report says. The report by Citi Private Bank and Hildebrandt Consulting cites a robust lateral market, and it forecasts another strong year for revenues in 2020. It adds, “That said, we believe it is now prudent for law firms to prepare for less certain times ahead.” (American Lawyer) (Citibank.com)

  • About 17 months after Mayer Brown partner and appellate practice founder Stephen Shapiro was murdered in his Chicago home, the murder case against his brother-in-law is still in discovery. (American Lawyer)

  • Philadelphia’s Court of Common Pleas takes the crown as 2019’s worst “judicial hell hole,” in an annual ranking by the American Tort Reform Foundation of what it calls the year’s worst local courts and states for abuses of the civil justice system. It cites in particular the Philadelphia court’s $8 billion verdict against Johnson & Johnson over its anti-psychotic drug Risperdal in October. (JudicialHellHoles.org)

  • Equifax Inc.'s $380 million settlement to resolve data breach claims of 147 million Americans improperly limits recovery by Indiana on behalf of its consumers, Indiana Attorney General Curtis T. Hill Jr. told a Georgia federal court. King & Spalding and Hogan Lovells represent Equifax. (BLAW)

  • A federal appeals court upheld $3.3 million in attorneys’ fees and costs awarded to a trucking company for its largely successful defense in a decade-old EEOC discrimination case on behalf of more than 100 female drivers. Jenner & Block and Simmons & Perrine represented the trucking company, CRST Van Expedited Inc. (BLAW)

  • Goodwin Procter said it more than doubled its office space in Hong Kong with a move to new premises in the Edinburgh Tower in the city’s central business district. (GoodwinLaw.com)

Lawyers, Law Firms, Pro Bono

  • Ericsson AB’s recently hired chief compliance officer Laurie Waddy and chief legal officer Xavier Dedullen played a key role in the Swedish telecom giant’s $1.06 billion settlement to resolve a long-running U.S. corruption investigation. (Corporate Counsel)

  • Former FBI lawyer Lisa Page hired Arnold & Porter for her lawsuit accusing the Justice Department and FBI of illegally leaking to reporters her text messages discussing President Trump with someone who was also an FBI agent at the time. (National Law Journal)

Laterals, Moves, Promotions

  • K&L Gates expanded its financial services team in Melbourne, Australia, adding partner Paul Faure and special counsel Ravi Jayemanne. They both arrive from Holding Redlich. K&L Gates lost an employment team of about 30 lawyers in Australia in October. (KLGates.com)

  • Saul Ewing Arnstein & Lehr hired trial attorney Jared Hawk as a partner in the firm’s litigation and energy practices, in Pittsburgh. According to his LinkedIn, Hawk spent more than 15 years at K&L Gates, most recently as a partner. (Saul.com)

  • New York-based law firm Patterson Belknap Webb & Tyler said lawyers Rachel B. Sherman and Edward H. Smoot will become partners Jan. 1. It also named five new counsel, including three women, effective the same date. (PBWT.com)

  • Washington-based Venable hired Mintz partner Craig Gilley as a partner and head of its communications practice. (National Law Journal)

Legal Actions, Bankruptcies, Decisions

  • Crowell & Moring lawyers for Boston-based MRSI Systems LLC, a unit of Sweden’s Mycronic Group, filed a federal lawsuit accusing California-based Palomar Technologies of infringing four U.S. patents for its precision die bonding and epoxy dispensing systems. MRSI, meanwhile, is fighting Palomar’s patent suit filed against it in 2015. (Semiconductor Today)

  • Federal prosecutors charged three men with involvement in a $722 million cryptocurrency fraud that amounted to a “high-tech Ponzi scheme.” (BN via BLAW)

  • Aetna Life Insurance Co., represented by Baker Botts, has to face a proposed class action claiming it systematically denies coverage for medically necessary liposuction. (BLAW)

  • Frontier Airlines discriminates against female pilots and flight attendants who are pregnant or breastfeeding, two Colorado federal lawsuits allege. Attorneys from the American Civil Liberties Union, the ACLU of Colorado, and Holwell Shuster & Goldberg represent the pilots and the proposed class of flight attendants, also represented by Towards Justice. (BLAW)

Legal Education

  • Oklahoma City University School of Law expelled an already suspended law student for allegedly posting flyers around campus with the message “it’s okay to be white.” (Above The Law)

To contact the correspondent on this story: Rick Mitchell in Paris at rMitchell@correspondent.bloomberglaw.com

To contact the editors responsible for this story: Rebekah Mintzer at rmintzer@bloomberglaw.com; Jessica Coomes at jcoomes@bloomberglaw.com

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