Loan Forgiveness

Morning Docket

Morning Docket: 08.25.22

* Not showing some common decency to a mourning family is gonna cost ya. [AP] * You might want to check the date you took those loans out before you rejoice at Biden's loan forgiveness. [Reuters] * Bad news if you've been thinking about starting a renewable energy startup in Ohio. [Ohio Capital Journal] * Not the Onion: Teacher fired for encouraging students to read. [Lit Hub] * "Proud Islamophobe" Laura Loomer becomes ignominious loser and blames voter fraud. Hopefully this doesn't end up as the new insurrection fodder. [Business Insider]

Morning Docket

Morning Docket: 07.25.16

* If Republican presidential nominee Donald Trump wins the election, he may be the first president-elect to be standing trial for fraud prior to taking the oath of office. Judge Gonzalo Curiel has tentatively refused to dismiss one of the two pending Trump University cases, saying plaintiffs had met requirements for the case to move forward for a jury to decide whether Trump "participated in a scheme to defraud" students. [San Diego Union-Tribune] * After being served with a class-action suit alleging she rigged the Democratic primaries and the release of emails in the latest Guccifer hack showing her favoritism for Hillary Clinton over Bernie Sanders, Rep. Debbie Wasserman Schultz is resigning as the Democratic National Committee's chair after this week's convention. [CNN; Observer] * Five senators, including Bob Menendez (D-NJ), Elizabeth Warren (D-MA), Ron Wyden (D-OR), Debbie Stabenow (D-MI), and Cory Booker (D-NJ), have introduced the Student Loan Tax Relief Act, which would exempt forgiven loans from being taxed as income. Law school grads on IBR, ICR, or PAYE should pray this bill is passed. [Forbes] * In an announcement made before markets opened, Verizon said it would be purchasing Yahoo for $4.83B. It's rumored that Faiza Saeed, Cravath's incoming presiding partner -- who was appointed to a committee to explore Yahoo's sale -- was the driving force behind the deal, which is expected to close in early 2017. [Reuters; Big Law Business] * Law firms are apparently in a "weak spot" when it comes to the detection of money laundering operations. That may be how Shearman & Sterling got mixed up with an alleged Malaysian plot to siphon funds from its trust account to purchase luxury items in a scheme that's turned into an attempted $1B DOJ asset forfeiture. [WSJ Law Blog]