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An inter-governmental oversight group that includes the U.S. is warning its members that global stablecoins don’t fall outside new, international anti-money laundering standards.
Baker McKenzie has hired Andrew Sagor, a former Kirkland & Ellis partner, to co-lead the firm’s leveraged finance practice in New York.
Baker McKenzie has expanded its securities litigation team in Los Angeles with new lawyers from DLA Piper and Pepper Hamilton.
Orchids Paper Products Co. amended its Chapter 11 liquidation plan by removing some third-party liability releases that were contested by the SEC and creditors.
The U.S. Supreme Court will determine whether the Consumer Financial Protection Bureau’s director can be fired by the president at any time.