Even as he navigates a series of tumultuous lawsuits, former U.S. President Donald Trump may face further legal trouble regarding a proposed Civil Fraud Judgment. Despite attempts to accumulate a bond of half a billion dollars, the move has met with widespread skepticism and resistance. Yet, in what could be read as a droll side comment, there were suggestions that Trump could sell his property, Mar-a-Lago, estimated at being worth $11 billion, to make up the hefty amount. For more information, follow this link.
Moving on, legal sector layoffs appear to be making an alarming comeback, with Bryan Cave reportedly cutting jobs to manage costs in the latest wave. In a seemingly ominous turn, the second round of layoffs has hit an Am Law 100 Biglaw Firm. Check here for further information.
In other legal news, Judicial respect for Ruth Bader Ginsberg (RBG) seems to be dwindling, with the Opperman Foundation reportedly reconsidering its position on its reverence for the late Justice. Moreover, the Supreme Court offers fresh guidance to government officials on when it’s permissible to ignore underlined communication. The court ruling now shows clear instructions on the use of the ‘Block Button.’
Inside trading allegations have resulted in jail time for an associate’s ex-partner. In a slightly tongue-in-cheek note, it was suggested that such trading activities should logically be left to Congress.
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