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Big Law white-collar defense groups are busy. Is enforcement rising or are clients just more proactive?        

“Taken together, the final rule will help address conflicts of interest arising when securitization participants take positions against ABS [asset-backed security] investors’ interests,” SEC Chair Gary Gensler said.        

“If Lexington Coal was attempting to comply with its obligations in good faith, the court expects it would be actively engaging with the Special Master’s concerns and seeking to address any noted deficiencies,” U.S. District Judge Robert C. Chambers said. “Instead, it appears to be looking for shortcuts and simply hoping disaster does not result.” […]

The dispute is between a proposed leadership team and lawyers at four firms spearheading the California state court cases against Uber, particularly involving William Levin and Rachel Abrams, a former partner at San Francisco’s Levin Simes.        

“This was the first case to actually succeed in using our product liability theory that we’ve been using since 2014,” said victims rights attorney Carrie Goldberg, of C.A. Goldberg Law Firm in Brooklyn.