Civil Law

Fraud on the PTO

LEDO PIZZA SYSTEM, INC. & LEDO PIZZA CARRYOUTS, INC., Plaintiffs,
v.
LEDO’S INC., Defendant.

No. 20 CV 7350.

United States District Court, N.D. Illinois, Eastern Division. March 7, 2024.

The defendant’s fraud claim fails even to get out of the starting blocks, because the defendant has failed to adequately establish standing to assert the claim.[5] A petition to cancel a mark must “be filed . . . by any person who believes that he is or will be damaged, … Read the rest

Civil Law

Acting Comptroller of the Currency Hints About Possible Operational Resilience Regulations

On March 12, at the Institute of International Bankers Annual Washington Conference, Acting Comptroller of the Currency Michael J. Hsu discussed the importance of operational resilience in the banking sector and hinted that potential regulations aimed to promote the same may be forthcoming.

Comptroller Hsu defined operational resilience as a bank’s ability “to prepare for, adapt to, and withstand or recover from disruptions.” These disruptions can stem from external events like natural disasters, bad actors, pandemics, or global conflicts, or … Read the rest

Supreme Court

The morning read for Tuesday, March 12

The morning read for Tuesday, March 12

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Tuesday morning read:

  • Trump seeks delay in N.Y. trial pending Supreme Court hearing on immunity (Shayna Jacobs, The Washington Post)
  • New Supreme Court petition calls for limiting NEPA reviews (Niina H. Farah, E&E News)
  • Texas tells Supreme Court its immigration law is key to handling border crisis (Kelsey Reichmann, Courthouse News Service)
  • Biden administration proposes $ 38
… Read the rest
Supreme Court

The morning read for Thursday, March 7

The morning read for Thursday, March 7

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Thursday morning read:

  • Supreme Court will hear Trump presidential immunity argument April 25 (Kevin Breuninger, CNBC)
  • Trump’s on the ballot, but the Supreme Court left key constitutional questions unanswered (John Fritze & Marshall Cohen, CNN)
  • Momentum builds in major homelessness case before U.S. Supreme Court (Claire Rush, The Associated Press)
  • Supreme Court wants $ 19.4 million in
… Read the rest
Civil Law

Federal court finds the Corporate Transparency Act unconstitutional: Is compliance still required?

Congress passed the Corporate Transparency Act (CTA) as an anti-money-laundering initiative in 2021. Absent an applicable exemption,[1] the CTA requires all entities formed or registered to do business in the US (reporting companies) to report their beneficial ownership[2] to the Department of Treasury’s Financial Crimes Enforcement Network (FinCEN).

In National Small Business United v. Yellen, No. 5:22-cv-01448 (N.D. Ala.), the National Small Business Association (NSBA) and one of its members brought a suit in the US District Court of the Northern … Read the rest

Supreme Court

The morning read for Friday, March 8

The morning read for Friday, March 8

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Friday morning read:

  • Biden admonishes the Supreme Court for overturning Roe v. Wade (Natasha Korecki, NBC News)
  • Trump ballot ruling raises new questions even as it answers others (Patrick Marley, The Washington Post)
  • US pharma group opposing abortion pill restrictions also backs Republicans attacking drug (Carter Sherman, The Guardian) 
  • The Constitution Turned Upside Down (Sean Wilentz, The
… Read the rest