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class="MainStoriesCard_image_1B2M2"><header><!----><h2 class="MainStoriesCard_headline_1B2M2 MainStoriesCard_largeheadline_1B2M2">Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury</h2></header></a><div class="MainStoriesCard_summary_1B2M2"><p>President-elect <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person> said he is nominating <bw-person data-terminal-id="17479780" data-id="00000161-7711-d8ae-adf9-ffb56f370000" class="person" data-name="Scott Bessent">Scott Bessent</bw-person>, who runs macro hedge fund <bsp.bb.link state="{"bbHref":"bbg://securities/1349902D%20US%20Equity","_id":"00000193-56d2-dab6-a5d3-f6fab2f40002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Key Square Group</bsp.bb.link>, as the next US Treasury secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term.</p></div><!----></article></div></div><div class="MainStories_story_1B2M2 MainStories_secondaryStories_1B2M2"><div class="MainStories_card_1B2M2"><article data-test="main-stories-card" class="MainStoriesCard_card_1B2M2"><a href="/daily-labor-report/trump-taps-gop-rep-lori-chavez-deremer-to-head-labor-department" data-test="article-link"><img src="https://news-api.bloomberglaw.com/v1/resize-image?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Fe6%2F07%2F6b41b2d54bd886925005907216d8%2Fchavez-deremer.jpg&width=320&height=180&fit=cover&crop=6000x3440%2B0%2B0" srcset="https://news-api.bloomberglaw.com/v1/resize-image?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Fe6%2F07%2F6b41b2d54bd886925005907216d8%2Fchavez-deremer.jpg&width=320&height=180&fit=cover&crop=6000x3440%2B0%2B0, 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srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/2ee1391/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F15%2F96%2F99432fc54f758ecca329b7ce165e%2F2023-cases-and-controversies1000x1000.png, https://db0ip7zd23b50.cloudfront.net/dims4/default/2ee1391/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F15%2F96%2F99432fc54f758ecca329b7ce165e%2F2023-cases-and-controversies1000x1000.png 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/2ee1391/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F15%2F96%2F99432fc54f758ecca329b7ce165e%2F2023-cases-and-controversies1000x1000.png" class="EpisodeCard_image_1B2M2"><h3 class="EpisodeCard_podcastTitle_1B2M2"> High Court Vaping Case Tests FDA's Regulatory Powers </h3></article></div><div data-test="podcast-card"><article data-test="multimedia-card" podcast="[object Object]" playerCount="0" index="3" class="EpisodeCard_article_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/6d8ed5e/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff4%2F54%2F4b5452ab45c196ba37107e4ff894%2F2023-talking-tax1000x1000.png, https://db0ip7zd23b50.cloudfront.net/dims4/default/6d8ed5e/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff4%2F54%2F4b5452ab45c196ba37107e4ff894%2F2023-talking-tax1000x1000.png 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/6d8ed5e/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff4%2F54%2F4b5452ab45c196ba37107e4ff894%2F2023-talking-tax1000x1000.png" class="EpisodeCard_image_1B2M2"><h3 class="EpisodeCard_podcastTitle_1B2M2"> What GOP Election Wins Could Mean for Trump Tax Cuts </h3></article></div></div></div></div><div data-test="landing-row" class="TheLanding_row_1B2M2"><section data-test="columnists" class="ColumnistsMain_columnists_1B2M2 TheLanding_content_1B2M2"><h2 class="ColumnistsMain_title_1B2M2"> Columns + Commentary </h2><ul class="ColumnistsMain_columns_1B2M2"><li data-test="columnist-card" class="ColumnistCard_column_1B2M2"><div class="ColumnistCard_columnInformation_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/c51de5a/2147483647/crop/945x945+0+34/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F53%2F45%2F46da70b34d3590b257e095706efa%2Froy-strom-023-websize.jpg, https://db0ip7zd23b50.cloudfront.net/dims4/default/834027a/2147483647/crop/945x945+0+34/resize/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F53%2F45%2F46da70b34d3590b257e095706efa%2Froy-strom-023-websize.jpg 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/c51de5a/2147483647/crop/945x945+0+34/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F53%2F45%2F46da70b34d3590b257e095706efa%2Froy-strom-023-websize.jpg" alt="Roy Strom" class="ColumnistCard_avatar_1B2M2"><div class="ColumnistCard_nameAndColumnTitle_1B2M2"><span class="ColumnistCard_name_1B2M2"> Roy Strom </span><span class="ColumnistCard_columnTitle_1B2M2">Big Law Business</span></div></div><a href="/business-and-practice/dont-blame-inflation-for-big-laws-record-high-billing-rates" data-test="article-link"><h3 class="ColumnistCard_headline_1B2M2">Don't Blame Inflation for Big Law’s Record High Billing Rates</h3></a></li><li data-test="columnist-card" class="ColumnistCard_column_1B2M2"><div class="ColumnistCard_columnInformation_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/b5c3a3f/2147483647/legacy_thumbnail/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff2%2Fa4%2F733eb8d6459883e15d9a25a2592f%2Fdbl-headshot-2021-002.png, https://db0ip7zd23b50.cloudfront.net/dims4/default/3026624/2147483647/legacy_thumbnail/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff2%2Fa4%2F733eb8d6459883e15d9a25a2592f%2Fdbl-headshot-2021-002.png 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/b5c3a3f/2147483647/legacy_thumbnail/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff2%2Fa4%2F733eb8d6459883e15d9a25a2592f%2Fdbl-headshot-2021-002.png" alt="David Lat" class="ColumnistCard_avatar_1B2M2"><div class="ColumnistCard_nameAndColumnTitle_1B2M2"><span class="ColumnistCard_name_1B2M2"> David Lat </span><span class="ColumnistCard_columnTitle_1B2M2">Exclusive Jurisdiction</span></div></div><a href="/us-law-week/becoming-a-changemaker-requires-patience-planning-and-courage" data-test="article-link"><h3 class="ColumnistCard_headline_1B2M2">Becoming a Changemaker Requires Patience, Planning—and Courage</h3></a></li><li data-test="columnist-card" class="ColumnistCard_column_1B2M2"><div class="ColumnistCard_columnInformation_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/c001620/2147483647/crop/2034x2034+174+0/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F32%2F60%2F53b9e38c40c4b5da30cb518a404c%2Fleaheynew.png, https://db0ip7zd23b50.cloudfront.net/dims4/default/f1f1ee3/2147483647/crop/2034x2034+174+0/resize/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F32%2F60%2F53b9e38c40c4b5da30cb518a404c%2Fleaheynew.png 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/c001620/2147483647/crop/2034x2034+174+0/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F32%2F60%2F53b9e38c40c4b5da30cb518a404c%2Fleaheynew.png" alt="Andrew Leahey" class="ColumnistCard_avatar_1B2M2"><div class="ColumnistCard_nameAndColumnTitle_1B2M2"><span class="ColumnistCard_name_1B2M2"> Andrew Leahey </span><span class="ColumnistCard_columnTitle_1B2M2">Technically Speaking</span></div></div><a href="/tax-insights-and-commentary/getting-rid-of-dark-money-requires-a-new-tax-exempt-designation" data-test="article-link"><h3 class="ColumnistCard_headline_1B2M2">Getting Rid of Dark Money Requires a New Tax-Exempt Designation</h3></a></li><li data-test="columnist-card" class="ColumnistCard_column_1B2M2"><div class="ColumnistCard_columnInformation_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/387291d/2147483647/crop/400x400+0+75/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff8%2F06%2F7e454f9a4a3c8266f96bc648a1af%2Frob-chesnut-headshot-11-21-23.jpg, https://db0ip7zd23b50.cloudfront.net/dims4/default/f5fa32e/2147483647/crop/400x400+0+75/resize/160x160%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff8%2F06%2F7e454f9a4a3c8266f96bc648a1af%2Frob-chesnut-headshot-11-21-23.jpg 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/387291d/2147483647/crop/400x400+0+75/resize/80x80%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2Ff8%2F06%2F7e454f9a4a3c8266f96bc648a1af%2Frob-chesnut-headshot-11-21-23.jpg" alt="Rob Chesnut" class="ColumnistCard_avatar_1B2M2"><div class="ColumnistCard_nameAndColumnTitle_1B2M2"><span class="ColumnistCard_name_1B2M2"> Rob Chesnut </span><span class="ColumnistCard_columnTitle_1B2M2">Good Counsel</span></div></div><a href="/us-law-week/gcs-best-policies-are-those-that-cant-be-broken-just-ask-meta" data-test="article-link"><h3 class="ColumnistCard_headline_1B2M2">GCs' Best Policies Are Those That Can't Be Broken—Just Ask Meta</h3></a></li></ul></section></div><div data-test="landing-row" class="TheLanding_row_1B2M2"><article data-test="featured-story" class="FeaturedStoryComponent_featuredStory_1B2M2 TheLanding_content_1B2M2"><a href="/business-and-practice/introducing-our-2024-pro-bono-innovators" data-test="article-link" class="FeaturedStoryComponent_imageLink_1B2M2"><img srcset="https://db0ip7zd23b50.cloudfront.net/dims4/default/cc21999/2147483647/crop/2271x1542+831+0/resize/576x391%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F7a%2Fc1%2Fcd90a3894da3a9fc33080e5625bf%2Fbli-lead-image-pro-bono-innovators-logo-final.png, https://db0ip7zd23b50.cloudfront.net/dims4/default/acad5b4/2147483647/crop/2271x1542+831+0/resize/1152x782%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F7a%2Fc1%2Fcd90a3894da3a9fc33080e5625bf%2Fbli-lead-image-pro-bono-innovators-logo-final.png 2x" src="https://db0ip7zd23b50.cloudfront.net/dims4/default/cc21999/2147483647/crop/2271x1542+831+0/resize/576x391%3E/quality/90/?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F7a%2Fc1%2Fcd90a3894da3a9fc33080e5625bf%2Fbli-lead-image-pro-bono-innovators-logo-final.png" class="FeaturedStoryComponent_image_1B2M2"></a><div class="FeaturedStoryComponent_text_1B2M2"><aside class="FeaturedStoryComponent_storyTag_1B2M2"> Special Report </aside><a href="/business-and-practice/introducing-our-2024-pro-bono-innovators" data-test="article-link"><h2 class="FeaturedStoryComponent_headline_1B2M2">Introducing Our 2024 Pro Bono Innovators</h2></a><div class="FeaturedStoryComponent_summary_1B2M2"><p>In our 2024 edition of Pro Bono Innovators, we highlight 10 law firms for their impactful work on legal matters from across the globe.</p></div><div class="FeaturedStoryComponent_byline_1B2M2"><p>By <a href="mailto:lhelem@bloombergindustry.com">Lisa Helem</a></p></div></div></article></div><div data-test="landing-row" class="TheLanding_row_1B2M2"><div data-test="takeover-story-package" class="TakeoverStoryPackageComponent_container_1B2M2 TheLanding_content_1B2M2"><div class="TakeoverStoryPackageComponent_titleSection_1B2M2"><span class="TakeoverStoryPackageComponent_titleLine_1B2M2"></span><h2 class="TakeoverStoryPackageComponent_title_1B2M2"> A Star Bankruptcy Judge’s Downfall: Bloomberg Law Investigation </h2><span class="TakeoverStoryPackageComponent_titleLine_1B2M2"></span></div><div class="TakeoverStoryPackageComponent_articleSection_1B2M2"><a href="/bankruptcy-law/sex-and-secrets-trigger-downfall-of-star-texas-bankruptcy-judge" data-test="article-link"><img src="https://news-api.bloomberglaw.com/v1/resize-image?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F19%2F2a%2Fdda128404d658159ac5b154ba1a0%2Fbankruptcy-club-homepage-cover.png&width=730" srcset="https://news-api.bloomberglaw.com/v1/resize-image?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F19%2F2a%2Fdda128404d658159ac5b154ba1a0%2Fbankruptcy-club-homepage-cover.png&width=730, https://news-api.bloomberglaw.com/v1/resize-image?url=http%3A%2F%2Fbloomberg-bna-brightspot.s3.amazonaws.com%2F19%2F2a%2Fdda128404d658159ac5b154ba1a0%2Fbankruptcy-club-homepage-cover.png&width=1460 2x" class="TakeoverStoryPackageComponent_image_1B2M2"></a><div class="TakeoverStoryPackageComponent_tabletView_1B2M2"><a href="/bankruptcy-law/sex-and-secrets-trigger-downfall-of-star-texas-bankruptcy-judge" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2 TakeoverStoryPackageComponentCard_mainHeadline_1B2M2">Sex, Secrets Trigger Downfall of Star Texas Bankruptcy Judge</h3></a><div class="TakeoverStoryPackageComponentCard_summary_1B2M2"><p>After helping to transform Houston’s bankruptcy court from a backwater to a boomtown, Judge David R. Jones resigned in 2023 following the disclosure of his long-running romantic relationship with a local bankruptcy lawyer. As the revelations mount, the inner workings and casual approach to potential ethical conflicts of a highly productive and tight-knit legal community have begun to surface.</p></div></div><div class="TakeoverStoryPackageComponent_cardsSection_1B2M2"><div class="TakeoverStoryPackageComponent_card_1B2M2"><a href="/bankruptcy-law/sex-and-secrets-trigger-downfall-of-star-texas-bankruptcy-judge" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2 TakeoverStoryPackageComponentCard_mainHeadline_1B2M2">Sex, Secrets Trigger Downfall of Star Texas Bankruptcy Judge</h3></a><div class="TakeoverStoryPackageComponentCard_summary_1B2M2"><p>After helping to transform Houston’s bankruptcy court from a backwater to a boomtown, Judge David R. Jones resigned in 2023 following the disclosure of his long-running romantic relationship with a local bankruptcy lawyer. As the revelations mount, the inner workings and casual approach to potential ethical conflicts of a highly productive and tight-knit legal community have begun to surface.</p></div></div><div class="TakeoverStoryPackageComponent_card_1B2M2"><a href="/banking-law/how-four-judges-kept-romance-allegations-quiet-for-two-years" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2">How Four Judges Kept Romance Allegations Quiet for Two Years</h3></a><!----></div><div class="TakeoverStoryPackageComponent_card_1B2M2"><a href="/bankruptcy-law/jackson-walker-wins-bid-to-question-government-bankruptcy-lawyer" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2">Jackson Walker Wins Bid to Question Government Bankruptcy Lawyer</h3></a><!----></div><div class="TakeoverStoryPackageComponent_card_1B2M2"><a href="/bankruptcy-law/jackson-walker-bankruptcy-court-fee-trials-to-start-in-april" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2">Jackson Walker Bankruptcy Court Fee Trials to Start in April</h3></a><!----></div><div class="TakeoverStoryPackageComponent_card_1B2M2"><a href="/bankruptcy-law/jackson-walker-lawyer-texts-reveal-anger-over-judge-romance" data-test="article-link"><h3 class="TakeoverStoryPackageComponentCard_cardHeadline_1B2M2">Jackson Walker Lawyer Texts Reveal Anger Over Judge Romance</h3></a><!----></div></div></div></div></div><div data-test="landing-row" class="TheLanding_row_1B2M2"><section data-test="channel-stories" class="ChannelStories_channelStories_1B2M2 TheLanding_content_1B2M2"><header class="ChannelList_header_1B2M2"><h2 class="ChannelList_sectionTitle_1B2M2"> From Across Bloomberg Law </h2><m-dropdown data-testid="m-dropdown" data-theme="cresent" data-color-scheme="dark" data-test="dropdown" value="0" class="ChannelList_dropdown_1B2M2 moonfish"><m-dropdown-item value="0" data-testid="m-dropdown-item" data-test="dropdown-item"><span>Business & Practice</span></m-dropdown-item><m-dropdown-item value="1" data-testid="m-dropdown-item" data-test="dropdown-item"><span>Daily Labor Report®</span></m-dropdown-item><m-dropdown-item value="2" data-testid="m-dropdown-item" data-test="dropdown-item"><span>Daily Tax Report ®</span></m-dropdown-item><m-dropdown-item value="3" data-testid="m-dropdown-item" data-test="dropdown-item"><span>Environmental, Social & Governance (ESG)</span></m-dropdown-item></m-dropdown><ul class="ChannelList_toggleBar_1B2M2"><li data-test="toggle-bar" class="ChannelList_channel_1B2M2 ChannelList_selectedChannel_1B2M2"> Business & Practice </li><li data-test="toggle-bar" class="ChannelList_channel_1B2M2"> Daily Labor Report® </li><li data-test="toggle-bar" class="ChannelList_channel_1B2M2"> Daily Tax Report ® </li><li data-test="toggle-bar" class="ChannelList_channel_1B2M2"> Environmental, Social & Governance (ESG) </li></ul></header><div data-test="story-list" class="StoryList_articles_1B2M2"><article class="StoryList_article_1B2M2"><a href="/us-law-week/delaware-chancery-court-nominee-is-magistrate-skadden-alum" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Delaware Chancery Court Nominee is Magistrate, Skadden Alum</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>The newest nominee for the Delaware Chancery Court has longstanding ties to the venue crucial to corporate governance for much of the Fortune 500.</p></div></article><article class="StoryList_article_1B2M2"><a href="/banking-law/trump-picks-scott-bessent-as-treasury-secretary" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury (3)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>President-elect <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person> said he is nominating <bw-person data-terminal-id="17479780" data-id="00000161-7711-d8ae-adf9-ffb56f370000" class="person" data-name="Scott Bessent">Scott Bessent</bw-person>, who runs macro hedge fund <bsp.bb.link state="{"bbHref":"bbg://securities/1349902D%20US%20Equity","_id":"00000193-56d2-dab6-a5d3-f6fab2f40002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Key Square Group</bsp.bb.link>, as the next US Treasury secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term.</p></div></article><article class="StoryList_article_1B2M2"><a href="/business-and-practice/ex-twitter-executives-get-key-jobs-at-sam-altman-backed-world" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Ex-Twitter Executives Get Key Jobs at Sam Altman-Backed World</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>Two former legal and policy executives who left <bw-company data-stock-symbol="TWTR" class="company" data-name="Twitter Inc" data-url="http://investor.twitterinc.com/" data-urn="urn:blp:company:US:TWTR">Twitter Inc.</bw-company> after Elon Musk’s takeover of the social media platform are together again at rival technology mogul Sam Altman’s biometric identification startup.</p></div></article><article class="StoryList_article_1B2M2"><a href="/us-law-week/ny-judge-agrees-to-hear-trumps-bid-to-dismiss-criminal-case" data-test="article-link"><h3 class="StoryList_headline_1B2M2">NY Judge Agrees to Hear Trump’s Bid to Dismiss Criminal Case</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>The New York judge presiding over <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person>’s hush money case said he will consider the president-elect’s latest arguments on why it should be dismissed. </p></div></article><article class="StoryList_article_1B2M2"><a href="/business-and-practice/mcdermott-adds-ben-cheatham-as-energy-project-finance-partner" data-test="article-link"><h3 class="StoryList_headline_1B2M2">McDermott Adds Ben Cheatham as Energy, Project Finance Partner </h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>Ben Cheatham joined McDermott Will & Emery as a partner in its energy and project finance practice in Washington, the firm announced <a href="https://www.mwe.com/media/mcdermott-expands-renewable-energy-tax-capabilities-with-new-partner-in-washington-dc/">Friday</a>.</p></div></article><article class="StoryList_article_1B2M2"><a href="/us-law-week/progressives-angered-by-judge-deal-leaving-out-circuit-picks" data-test="article-link"><h3 class="StoryList_headline_1B2M2"> Progressives Angered by Judge Deal Leaving Out Circuit Picks (1)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>Progressives are unhappy that Senate Democrats abandoned Joe Biden’s remaining appellate nominees in a deal to advance remaining trial court picks, as Republicans employed stalling tactics to slowdown confirmations.</p></div></article></div><div data-test="story-list" class="StoryList_articles_1B2M2" style="display:none;"><article class="StoryList_article_1B2M2"><a href="/daily-labor-report/trump-taps-gop-rep-lori-chavez-deremer-to-head-labor-department" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Trump Taps Rep. Lori Chavez-DeRemer to Head Labor Department (1)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>President-elect Donald Trump has selected Republican US Rep. Lori Chavez-DeRemer (Ore.) to serve as Secretary of Labor during his next administration.</p></div></article><article class="StoryList_article_1B2M2"><a href="/daily-labor-report/google-jointly-employs-contract-workers-us-labor-board-rules" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Google Jointly Employs Contract Workers, US Labor Board Rules</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>Google is a joint employer of a group of contract staffers who voted to unionize more than a year ago, a divided National Labor Relations Board ruled.</p></div></article><article class="StoryList_article_1B2M2"><a href="/daily-labor-report/full-dc-circuit-hearing-denied-for-h-1b-spouse-work-permit-suit" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Full DC Circuit Hearing Denied for H-1B Spouse Work Permit Suit</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>An appeals court has shot down an en banc rehearing request Friday for a decision upholding the employment authorization of spouses of H-1B visa holders.</p></div></article><article class="StoryList_article_1B2M2"><a href="/litigation/law-firm-suit-management-platform-cant-make-worker-arbitrate" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Law Firm, Suit Management Platform Can't Make Worker Arbitrate</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>Dallas firm Hermes Law PC, litigation management platform ClaimDeck, and the lawyer who controls both entities lost their bid to shift a fired executive’s lawsuit into arbitration.</p></div></article><article class="StoryList_article_1B2M2"><a href="/litigation/black-ex-nsa-worker-says-spying-agency-was-biased-retaliated" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Black Ex-NSA Worker Says Spying Agency Was Biased, Retaliated</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>A Black former employee has sued the US Defense Department and the National Security Agency in federal court alleging the Pentagon and the intelligence agency were racially biased against her.</p></div></article><article class="StoryList_article_1B2M2"><a href="/daily-labor-report/arizona-school-district-partly-beats-trans-teachers-bias-claims" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Arizona School District Partly Beats Trans Teacher's Bias Claims</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>A school district in Arizona defeated part of a lawsuit alleging it discriminated against a transgender teacher and punished them for sending coworkers an email about supporting students.</p></div></article></div><div data-test="story-list" class="StoryList_articles_1B2M2" style="display:none;"><article class="StoryList_article_1B2M2"><a href="/banking-law/trumps-treasury-pick-wants-shadow-fed-chair-maybe-weak-dollar" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Trump’s Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p><bw-person data-terminal-id="17479780" data-id="00000161-7711-d8ae-adf9-ffb56f370000" class="person" data-name="Scott Bessent">Scott Bessent</bw-person>, the veteran hedge fund manager who <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person> picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.</p></div></article><article class="StoryList_article_1B2M2"><a href="/bloomberg-government-news/here-are-the-people-trump-is-naming-to-key-roles-in-second-term" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Here Are the People Trump Is Naming to Key Roles in Second Term</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>President-elect <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person> is stocking his cabinet with people he wants to carry out his “America First” policies on the economy, border, trade, national security and more.</p></div></article><article class="StoryList_article_1B2M2"><a href="/banking-law/trump-picks-scott-bessent-as-treasury-secretary" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Trump Nominates Hedge Fund Chief Bessent to Lead US Treasury (3)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>President-elect <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person> said he is nominating <bw-person data-terminal-id="17479780" data-id="00000161-7711-d8ae-adf9-ffb56f370000" class="person" data-name="Scott Bessent">Scott Bessent</bw-person>, who runs macro hedge fund <bsp.bb.link state="{"bbHref":"bbg://securities/1349902D%20US%20Equity","_id":"00000193-56d2-dab6-a5d3-f6fab2f40002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Key Square Group</bsp.bb.link>, as the next US Treasury secretary, enlisting a key adviser to manage the sweeping economic agenda he has vowed to enact in a second term.</p></div></article><article class="StoryList_article_1B2M2"><a href="/daily-tax-report/maryland-electric-utility-wins-2-4-million-sales-tax-refund" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Maryland Electric Utility Wins $2.4 Million Sales Tax Refund</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>An electric utility company is entitled to a $2.4 million sales and use tax refund because its equipment is used for production activity, a Maryland appeals court said Friday.</p></div></article><article class="StoryList_article_1B2M2"><a href="/banking-law/trump-team-preparing-to-announce-bessent-as-treasury-secretary" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Trump Team Prepares to Announce Bessent as Treasury Pick (1)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>President-elect <bw-person data-terminal-id="1252249" data-id="00000161-7702-d8ae-adf9-ffa618cf0000" class="person" data-name="Donald John Trump">Donald Trump</bw-person>’s transition team is preparing to announce that he has selected <bw-person data-terminal-id="17479780" data-id="00000161-7711-d8ae-adf9-ffb56f370000" class="person" data-name="Scott Bessent">Scott Bessent</bw-person>, who runs macro hedge fund <bsp.bb.link state="{"bbHref":"bbg://securities/1349902D%20US%20Equity","_id":"00000193-5644-dab6-a5d3-f67eccef0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Key Square Group</bsp.bb.link>, as the next US Treasury secretary, according to people familiar with the matter.</p></div></article><article class="StoryList_article_1B2M2"><a href="/daily-tax-report-state/louisiana-lawmakers-pass-flat-income-tax-franchise-repeal-plan" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Louisiana Lawmakers Pass Flat Income Tax, Franchise Repeal Plan</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>The Louisiana Legislature on Friday approved scaled-down versions of Gov. Jeff Landry’s tax cuts for personal and corporate rates, finalizing a deal in the closing days of the special session.</p></div></article></div><div data-test="story-list" class="StoryList_articles_1B2M2" style="display:none;"><article class="StoryList_article_1B2M2"><a href="/us-law-week/delaware-chancery-court-nominee-is-magistrate-skadden-alum" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Delaware Chancery Court Nominee is Magistrate, Skadden Alum</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>The newest nominee for the Delaware Chancery Court has longstanding ties to the venue crucial to corporate governance for much of the Fortune 500.</p></div></article><article class="StoryList_article_1B2M2"><a href="/securities-law/musk-ducks-sanction-for-choosing-rocket-launch-over-sec-meeting" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Musk Ducks Sanction for Choosing Rocket Launch Over SEC Meeting</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>A judge declined to sanction <bw-person data-terminal-id="1954518" data-id="00000163-b182-de2b-a963-b1da77190000" class="person" data-name="Elon Reeve Musk">Elon Musk</bw-person> for skipping a meeting with the <bsp.bb.link state="{"bbHref":"bbg://news/topics/SEC","_id":"00000193-5689-dab6-a5d3-f6fb76f80001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">US Securities and Exchange Commission</bsp.bb.link> to watch one of his rockets launch. </p></div></article><article class="StoryList_article_1B2M2"><a href="/esg/nvidias-stock-surge-means-ceos-foundation-must-double-giving" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Nvidia Stock Surge Means CEO’s Foundation Must Double Giving (1)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p><bw-company data-stock-symbol="NVDA" class="company" data-name="NVIDIA Corp" data-url="http://www.nvidia.com/" data-urn="urn:blp:company:US:NVDA">Nvidia Corp.</bw-company>’s surging share price has created a challenge for <bsp.person state="{"_id":"00000193-563b-dab6-a5d3-f67ba31e0002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Jensen Huang</bsp.person>’s charitable foundation: As the stock climbs, so does the amount of money it has to give away.</p></div></article><article class="StoryList_article_1B2M2"><a href="/litigation/momentus-founder-agrees-to-2-million-civil-penalty-over-merger" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Momentus Founder Agrees to $2 Million Civil Penalty Over Merger</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p><a href="https://www.bloomberglaw.com/product/blaw/litigation/analytics/companies/d91b752a65610f411657659706dfdd10">Momentus Inc.</a> founder and CEO Mikhail Kokorich has settled SEC fraud claims in connection with the satellite company’s blank-check merger, agreeing to pay a $2 million civil penalty, according to a federal court filing Friday.</p></div></article><article class="StoryList_article_1B2M2"><a href="/securities-law/adviser-cherry-picked-profitable-trades-for-himself-sec-alleges" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Adviser Cherry-Picked Profitable Trades for Himself, SEC Alleges</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p>A California investment adviser waited to see which options trades he made in his firm’s block account were profitable before allocating them to clients and himself, the SEC says in an enforcement suit.</p></div></article><article class="StoryList_article_1B2M2"><a href="/esg/kiani-friendly-firm-fires-back-at-masimo-empty-voting-claims" data-test="article-link"><h3 class="StoryList_headline_1B2M2">Kiani-Friendly Firm Fires Back at Masimo Voting Claims (1)</h3></a><div data-test="summary" class="StoryList_summary_1B2M2"><p><a href="https://www.bloomberglaw.com/company/ticker/MASI%20US%20Equity">Masimo Corp.'s</a> “empty voting” claims against ousted founder <a href="https://www.bloomberglaw.com/people/2401559">Joe Kiani</a> are a pretext for rejecting his $450 million severance demand after <a href="https://www.bloomberglaw.com/company/ticker/1937735D%20US%20Equity">Politan Capital Management LP</a> seized board control, according to an investment firm involved in the court fight.</p></div></article></div></section></div><div data-test="landing-row" class="TheLanding_row_1B2M2"><section data-test="channels-list" class="ChannelsList_channelListContainer_1B2M2 TheLanding_content_1B2M2 TheLanding_hasNoBorder_1B2M2"><h2 class="ChannelsList_title_1B2M2"> EXPLORE BLOOMBERG LAW </h2><p class="ChannelsList_summary_1B2M2"> Get the latest legal, regulatory, and enforcement news and analysis, as well as in-depth business and industry covering in the following areas: </p><ul class="Channels_channelList_1B2M2"><div class="Channels_isnotMobile_1B2M2"><li><div data-test="channel-link" displayStyle="black" class="Channels_channelName_1B2M2"><a 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Treasury Pick Wants Shadow Fed Chair, Maybe Weak Dollar","summary":"\u003Cp\u003E\u003Cbw-person data-terminal-id=\"17479780\" data-id=\"00000161-7711-d8ae-adf9-ffb56f370000\" class=\"person\" data-name=\"Scott Bessent\"\u003EScott Bessent\u003C\u002Fbw-person\u003E, the veteran hedge fund manager who \u003Cbw-person data-terminal-id=\"1252249\" data-id=\"00000161-7702-d8ae-adf9-ffa618cf0000\" class=\"person\" data-name=\"Donald John Trump\"\u003EDonald Trump\u003C\u002Fbw-person\u003E picked to become the next Treasury secretary, wants tariffs, a shadow chair for the Federal Reserve and maybe a weaker dollar.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fbanking-law\u002Ftrumps-treasury-pick-wants-shadow-fed-chair-maybe-weak-dollar","__typename":"Article"},"Article:00000193-2019-da11-a3fb-36dbea9e0003":{"id":"00000193-2019-da11-a3fb-36dbea9e0003","headline":"Here Are the People Trump Is Naming to Key Roles in Second Term","summary":"\u003Cp\u003EPresident-elect \u003Cbw-person data-terminal-id=\"1252249\" data-id=\"00000161-7702-d8ae-adf9-ffa618cf0000\" class=\"person\" data-name=\"Donald John Trump\"\u003EDonald Trump\u003C\u002Fbw-person\u003E is stocking his cabinet with people he wants to carry out his “America First” policies on the economy, border, trade, national security and more.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bgov.com\u002Fbloomberg-government-news\u002Fhere-are-the-people-trump-is-naming-to-key-roles-in-second-term","__typename":"Article"},"Article:00000193-5649-da0a-abdb-565f80320001":{"id":"00000193-5649-da0a-abdb-565f80320001","headline":"Maryland Electric Utility Wins $2.4 Million Sales Tax Refund","summary":"\u003Cp\u003EAn electric utility company is entitled to a $2.4 million sales and use tax refund because its equipment is used for production activity, a Maryland appeals court said Friday.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloombergtax.com\u002Fdaily-tax-report\u002Fmaryland-electric-utility-wins-2-4-million-sales-tax-refund","__typename":"Article"},"Article:00000193-561d-dab6-a5d3-f67fb8fd0006":{"id":"00000193-561d-dab6-a5d3-f67fb8fd0006","headline":"Trump Team Prepares to Announce Bessent as Treasury Pick (1)","summary":"\u003Cp\u003EPresident-elect \u003Cbw-person data-terminal-id=\"1252249\" data-id=\"00000161-7702-d8ae-adf9-ffa618cf0000\" class=\"person\" data-name=\"Donald John Trump\"\u003EDonald Trump\u003C\u002Fbw-person\u003E’s transition team is preparing to announce that he has selected \u003Cbw-person data-terminal-id=\"17479780\" data-id=\"00000161-7711-d8ae-adf9-ffb56f370000\" class=\"person\" data-name=\"Scott Bessent\"\u003EScott Bessent\u003C\u002Fbw-person\u003E, who runs macro hedge fund \u003Cbsp.bb.link state=\"{"bbHref":"bbg:\u002F\u002Fsecurities\u002F1349902D%20US%20Equity","_id":"00000193-5644-dab6-a5d3-f67eccef0001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}\"\u003EKey Square Group\u003C\u002Fbsp.bb.link\u003E, as the next US Treasury secretary, according to people familiar with the matter.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fbanking-law\u002Ftrump-team-preparing-to-announce-bessent-as-treasury-secretary","__typename":"Article"},"Article:00000193-4af5-dab8-a99b-cbff02400001":{"id":"00000193-4af5-dab8-a99b-cbff02400001","headline":"Louisiana Lawmakers Pass Flat Income Tax, Franchise Repeal Plan","summary":"\u003Cp\u003EThe Louisiana Legislature on Friday approved scaled-down versions of Gov. Jeff Landry’s tax cuts for personal and corporate rates, finalizing a deal in the closing days of the special session.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloombergtax.com\u002Fdaily-tax-report-state\u002Flouisiana-lawmakers-pass-flat-income-tax-franchise-repeal-plan","__typename":"Article"},"$LandingPage:0000016b-569c-d885-a5ef-ffbfa4630000.pageComponents.8.channelStoryItems.3.channel":{"name":"Environmental, Social & Governance (ESG)","brand":{"type":"id","generated":true,"id":"$LandingPage:0000016b-569c-d885-a5ef-ffbfa4630000.pageComponents.8.channelStoryItems.3.channel.brand","typename":"Brand"},"__typename":"Channel"},"$LandingPage:0000016b-569c-d885-a5ef-ffbfa4630000.pageComponents.8.channelStoryItems.3.channel.brand":{"brandCode":"BLAW","__typename":"Brand"},"LandingPage:0000016b-569c-d885-a5ef-ffbfa4630000.pageComponents.8.channelStoryItems.3":{"channel":{"type":"id","generated":true,"id":"$LandingPage:0000016b-569c-d885-a5ef-ffbfa4630000.pageComponents.8.channelStoryItems.3.channel","typename":"Channel"},"articles":[{"type":"id","generated":false,"id":"Article:00000193-5514-da0a-abdb-575fecc90000","typename":"Article"},{"type":"id","generated":false,"id":"Article:00000193-567b-dab6-a5d3-f67bf83e0003","typename":"Article"},{"type":"id","generated":false,"id":"Article:00000193-5537-dab6-a5d3-f77f6a530003","typename":"Article"},{"type":"id","generated":false,"id":"Article:00000193-55f4-d9b8-a3f3-f5f7f3ed0001","typename":"Article"},{"type":"id","generated":false,"id":"Article:00000193-55b7-d9b8-a3f3-f5f749a60001","typename":"Article"},{"type":"id","generated":false,"id":"Article:00000193-54ab-d9b8-a3f3-f4ffdec40001","typename":"Article"}],"__typename":"ChannelStoryItem"},"Article:00000193-567b-dab6-a5d3-f67bf83e0003":{"id":"00000193-567b-dab6-a5d3-f67bf83e0003","headline":"Musk Ducks Sanction for Choosing Rocket Launch Over SEC Meeting","summary":"\u003Cp\u003EA judge declined to sanction \u003Cbw-person data-terminal-id=\"1954518\" data-id=\"00000163-b182-de2b-a963-b1da77190000\" class=\"person\" data-name=\"Elon Reeve Musk\"\u003EElon Musk\u003C\u002Fbw-person\u003E for skipping a meeting with the \u003Cbsp.bb.link state=\"{"bbHref":"bbg:\u002F\u002Fnews\u002Ftopics\u002FSEC","_id":"00000193-5689-dab6-a5d3-f6fb76f80001","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}\"\u003EUS Securities and Exchange Commission\u003C\u002Fbsp.bb.link\u003E to watch one of his rockets launch. \u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fsecurities-law\u002Fmusk-ducks-sanction-for-choosing-rocket-launch-over-sec-meeting","__typename":"Article"},"Article:00000193-5537-dab6-a5d3-f77f6a530003":{"id":"00000193-5537-dab6-a5d3-f77f6a530003","headline":"Nvidia Stock Surge Means CEO’s Foundation Must Double Giving (1)","summary":"\u003Cp\u003E\u003Cbw-company data-stock-symbol=\"NVDA\" class=\"company\" data-name=\"NVIDIA Corp\" data-url=\"http:\u002F\u002Fwww.nvidia.com\u002F\" data-urn=\"urn:blp:company:US:NVDA\"\u003ENvidia Corp.\u003C\u002Fbw-company\u003E’s surging share price has created a challenge for \u003Cbsp.person state=\"{"_id":"00000193-563b-dab6-a5d3-f67ba31e0002","_type":"00000160-6f41-dae1-adf0-6ff519590003"}\"\u003EJensen Huang\u003C\u002Fbsp.person\u003E’s charitable foundation: As the stock climbs, so does the amount of money it has to give away.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fesg\u002Fnvidias-stock-surge-means-ceos-foundation-must-double-giving","__typename":"Article"},"Article:00000193-55f4-d9b8-a3f3-f5f7f3ed0001":{"id":"00000193-55f4-d9b8-a3f3-f5f7f3ed0001","headline":"Momentus Founder Agrees to $2 Million Civil Penalty Over Merger","summary":"\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.bloomberglaw.com\u002Fproduct\u002Fblaw\u002Flitigation\u002Fanalytics\u002Fcompanies\u002Fd91b752a65610f411657659706dfdd10\"\u003EMomentus Inc.\u003C\u002Fa\u003E founder and CEO Mikhail Kokorich has settled SEC fraud claims in connection with the satellite company’s blank-check merger, agreeing to pay a $2 million civil penalty, according to a federal court filing Friday.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Flitigation\u002Fmomentus-founder-agrees-to-2-million-civil-penalty-over-merger","__typename":"Article"},"Article:00000193-55b7-d9b8-a3f3-f5f749a60001":{"id":"00000193-55b7-d9b8-a3f3-f5f749a60001","headline":"Adviser Cherry-Picked Profitable Trades for Himself, SEC Alleges","summary":"\u003Cp\u003EA California investment adviser waited to see which options trades he made in his firm’s block account were profitable before allocating them to clients and himself, the SEC says in an enforcement suit.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fsecurities-law\u002Fadviser-cherry-picked-profitable-trades-for-himself-sec-alleges","__typename":"Article"},"Article:00000193-54ab-d9b8-a3f3-f4ffdec40001":{"id":"00000193-54ab-d9b8-a3f3-f4ffdec40001","headline":"Kiani-Friendly Firm Fires Back at Masimo Voting Claims (1)","summary":"\u003Cp\u003E\u003Ca href=\"https:\u002F\u002Fwww.bloomberglaw.com\u002Fcompany\u002Fticker\u002FMASI%20US%20Equity\"\u003EMasimo Corp.'s\u003C\u002Fa\u003E “empty voting” claims against ousted founder \u003Ca href=\"https:\u002F\u002Fwww.bloomberglaw.com\u002Fpeople\u002F2401559\"\u003EJoe Kiani\u003C\u002Fa\u003E are a pretext for rejecting his $450 million severance demand after \u003Ca href=\"https:\u002F\u002Fwww.bloomberglaw.com\u002Fcompany\u002Fticker\u002F1937735D%20US%20Equity\"\u003EPolitan Capital Management LP\u003C\u002Fa\u003E seized board control, according to an investment firm involved in the court fight.\u003C\u002Fp\u003E","url":"https:\u002F\u002Fnews.bloomberglaw.com\u002Fesg\u002Fkiani-friendly-firm-fires-back-at-masimo-empty-voting-claims","__typename":"Article"}},"prodClient":{}};</script> <script src="https://essential.bloombergindustry.com/widget/script/latest/widget.js" nonce="login" ></script> <script id="parsely-cfg" src="//cdn.parsely.com/keys/bloombergindustry.com/p.js" async="" defer="" ></script> </body> </html>