Federal Judge Blocks Biden’s Expanded Overtime Rule, Impacting Thousands in Academia and Beyond

WASHINGTON — A recent federal court decision in Texas has nullified a Biden administration regulation intended to broaden overtime pay for approximately four million salaried employees, including numerous workers at higher education institutions. The rule, which was struck down just weeks before its second phase was poised to be enacted, had sought to increase the salary threshold for overtime eligibility, sparking a heated debate over its potential impacts on jobs and educational costs. District Judge Sean D. Jordan, a Trump appointee, ruled against the regulation, thereby reverting the overtime salary threshold to $35,568, down from … Read more

Top Supreme Court Lawyer Joins Paul Hastings to Lead Expanded Appellate Practice

Washington, D.C. – Benjamin Snyder, a seasoned attorney renowned for his role in representing the United States in pivotal Supreme Court cases concerning regulatory issues and free speech for advertisers, has recently taken a significant stride in his legal career. Snyder has joined the global law firm Paul Hastings, where he will serve as co-chair of the appellate practice starting in December. His arrival marks a notable enhancement to the firm’s capabilities in handling high-stakes appellate and Supreme Court litigation. Having concluded a distinguished five-year tenure as an assistant to the Solicitor General at the … Read more

SEC Intensifies Legal Battle Against Binance, Designates AXS, FIL, and ATOM as Securities in Expanded Lawsuit

Washington, D.C. — The Securities and Exchange Commission (SEC) has recently broadened its legal battle against the cryptocurrency exchange, Binance, by classifying additional digital assets as securities. This expanded lawsuit now includes popular cryptocurrencies such as Axie Infinity Shards (AXS), Filecoin (FIL), and Cosmos (ATOM). The SEC’s assertion intensifies the ongoing scrutiny within the crypto industry, emphasizing the regulatory push to establish clearer boundaries and protections within the digital asset space. The commission’s actions suggest a strategic move towards bringing more cryptocurrency offerings under its regulatory scope, which traditionally applies to standardized securities. This escalation … Read more

Motley Rice Bolsters Legal Impact with Expanded Mass Tort Division in Philadelphia

Philadelphia, PA – Prestigious law firm Motley Rice has recently expanded its operations to Philadelphia, broadening its focus on mass tort litigation, a legal process used to handle lawsuits involving large groups of plaintiffs who have been harmed in a similar way, often by defective products or corporate misconduct. The move reflects the firm’s strategic plans to tap into Philadelphia’s substantial market for legal expertise in mass torts, particularly those related to pharmaceuticals and medical devices. This expansion in one of the country’s major cities signals Motley Rice’s commitment to offering its legal services to … Read more