Survey Says: A Fulbright & Jaworski survey of 405 in-house lawyers shows 92% of U.S. respondents and 85% of U.K. respondents say they expect litigation to rise or stay the same in the next 12 months. Among those who expect more litigation, the top reason they cite is increased regulation, Corporate Counsel reports.
Record Removals: Nearly 400,000 people were deported from the United States in the past fiscal year, the largest number in the history of the U.S. Immigration and Customs Enforcement agency, CNN reports.
Bank Raid: The European Commission has raided banks, including Deutsche Bank, in a probe into suspected fixing of interbank lending benchmark Euribor, the third major investigation of the finance sector by the EU's powerful executive this year, Reuters reports.
NBA Talks: With a federal mediator prodding them along, and the stakes increasing by the day, negotiators for the N.B.A. and its players union returned to the bargaining table for a marathon session that began early Tuesday and bled into Wednesday morning, The New York Times reports.
Sued: BNP Paribas (BNP) SA was sued by the U.S. over allegations the Paris-based bank aided a grain export fraud scheme involving commodity payment guarantees provided by the Department of Agriculture, according to Bloomberg.