Transactional
Ambac Sells Legacy Units for $420M
Debevoise & Plimpton LLP is helping Ambac Financial Group sell its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac UK, for $420 million to funds managed by Oaktree Capital Management. Headquartered in New York City, Ambac is a financial services holding corporation...
Litigation
Citi Fined $136M Over Data Management Failings
Citigroup has been fined $136 million by US bank regulators for failing to make adequate progress in resolving data management issues found in 2020. The Federal Reserve and Office of the Comptroller of the Currency (OCC) cited ongoing deficiencies in Citi's risk management and internal controls...
Policy
Biden-Harris Administration to Expand Overtime Protections with New Rule
The Biden-Harris administration has finalized a rule aimed at expanding overtime protections for millions of lower-paid salaried workers. Effective July 1, 2024, the new rule increases the salary threshold for overtime exemption to an annual salary of $43,888, with a further increase to $58,656 on January 1, 2025...
Features
Bloomberg’s $1 Billion Gift to Johns Hopkins
Johns Hopkins University has received a $1 billion donation from Mike Bloomberg to eliminate medical school tuition for most students and enhance financial aid for graduate programs. This generous contribution will provide free tuition for medical students from families earning less than $300,000 annually and cover living expenses for those from families earning up to $175,000...
Popular Articles
The Top 25 General Counsels of 2023
Attorney Intel is pleased to announce The Top 25 General Counsels of 2023. The recipients of this year's awards are from some of the most successful and enduring brands on the globe. Nonetheless, achieving success in any domain usually entails disputes and challenges in the legal world...
Top 25 Attorneys of Massachusetts for 2022
Attorney Intel is pleased to announce the Top 25 Attorneys of Massachusetts for 2022. The state, known for its many colleges and universities, including Harvard University — the first institution of higher learning in the country — it's no surprise that some of the country's most respected and ardent attorneys begin and make their mark here...
The Top 50 Attorneys of San Francisco for 2022
Attorney Intel is pleased to announce The Top 50 Attorneys of San Francisco for 2022. With the sixth largest economy in the U.S. and as an critical hub to global wealth, San Francisco has a wide variety of attorneys who are experts in their industries...
The Top 25 General Counsels of 2022
Attorney Intel is pleased to announce The Top 25 General Counsels of 2022. This year’s awardees represent some of the most successful companies in the world across many metrics. However, with success in any field inevitably comes controversy and legal issues, and the counsels on this year’s list provide the steady hand, guidance, and leadership necessary to navigate their companies through troubled waters and come out the other side whole and often in a better position than they were before...
The Top 50 Attorneys of New York for 2023
Attorney Intel is pleased to announce The Top 50 Attorneys of New York for 2023. With nearly 20 million residents, and the most populous city in the U.S., New York State has the highest concentration of lawyers in the country. For many legal practitioners, the Empire State serves as a desirable location to excel in their careers...
The Top 50 Attorneys of New York for 2022
Attorney Intel is pleased to announce The Top 50 Attorneys of New York for 2022. This state is home to many well-established law firms and lawyers, both which are fundamental to the inner workings of the state. This year’s awardees serve in various fields including corporate, litigation, business, digital assets, real estate, trust and estate management, and more...
The Top 50 Attorneys of New Jersey for 2022
Attorney Intel is pleased to announce The Top 50 Attorneys of New Jersey for 2022. Although this state is known for residing more engineers and scientists per square mile than anywhere else in the world, New Jersey is also known for their leading and respected law firms...
The Top 50 Attorneys of Los Angeles for 2023
Attorney Intel is pleased to announce The Top 50 Attorneys of Los Angeles for 2023. The City of Angels isn't just a haven for the arts and entertainment industry – it's also a prime destination for legal professionals. Renowned worldwide for its stunning beaches, Hollywood celebrities, and delightful climate, LA's hidden gem is its formidable economy. In fact, its 2021 real GDP exceeded $950 billion, placing it among the top 20 global economies if it were a sovereign nation...
The Top 50 Attorneys of Houston for 2022
Attorney Intel is pleased to announce The Top 50 Attorneys of Houston for 2022. Houston is the fourth most populous city in the nation and continues to grow due to the area’s booming job market. Not only is it a great city for engineers, scientists and tech professionals, it’s home to thriving law professionals...
The Top 25 Attorneys of Arizona for 2023
Attorney Intel is pleased to announce The Top 25 Attorneys of Arizona for 2023. Nicknamed the “Grand Canyon State," the state is known for more than its desert climate. It has an abundance of copper, beautiful scenery, and a rich and storied history...