Eric R. Hail

1 month ago | lexology.com | Eric R. Hail |Ted Huffman |Christina Grigorian

In an apparent departure from decades of jurisprudence acknowledging the exemption of wire transfers from the ambit of the Electronic Funds Transfer Act (EFTA or the Act), one federal district court recently found that a bank may be liable under EFTA for unauthorized consumer wires initiated using a bank's electronic banking platforms. See New York v. Citibank, N.A., Case No. 24-CV-659, 2025 WL 251302 (S.D.N.Y. Jan. 21, 2025).

2 months ago | natlawreview.com | Stuart M. Richter |Eric R. Hail |James G. Gatto |Brittany Walter

Thank you for reading the National Law Review’s legal news roundup, highlighting the latest law firm news! As the country settles into the new year, law firm news has no signs of slowing down. Please read below for the latest in law firm news and industry expansion, legal industry awards and recognition, and DEI and women in the legal field. Varnum LLP announced that Sarah Weston joined the firm’s Banking and Finance Practice Team as a partner in the Birmingham office.