The Morning Wrap

Dewey: Citibank N.A. last week disputed claims by a former partner with the now-defunct Dewey & LeBoeuf that the bank should have warned him about the firm's financial woes when he took out a loan to fulfill his capital contribution obligation, The Am Law Daily reports. "While [Steven] Otillar claims that he was kept in the dark about the Firm's finances, this is completely irrelevant under governing New York law," Citi wrote in a 25-page filing.

Iran: Israeli Prime Minister Benjamin Netanyahu on Sunday went on "Meet the Press" on NBC and "State of the Union" on CNN to argue that Iran is six months away from having "90 percent" of what it needed to make a nuclear weapon, The New York Times reports. "You know, they're in the last 20 yards, and you can't let them cross that goal line," Netanyahu said on "Meet the Press." "You can't let them score a touchdown, because that would have unbelievable consequences, grievous consequences for the peace and security of us all, of the world really."

Holder: U.S. Attorney General Eric Holder ended his trip last week to the Middle East earlier than he planned to return to Washington to oversee an FBI investigation into the deaths of U.S. ambassador Chris Stevens and three other Americans in Libya, Agence France-Presse reports. "He chose to come back to Washington to manage this investigation," U.S. Justice Department spokesman Dean Boyd said on Friday. "Among its many responsibilities, the FBI is charged with investigating threats to, or attacks against US citizens or US interests abroad."

Phase Two: The second phase of the historic 2011 law that reforms the U.S. patent system takes effect this week, Corporate Counsel reports. “This could be a real game-changer,” said Erika Arner, chair of the patent prosecution practice at Finnegan, Henderson, Farabow, Garrett & Dunner, discussing the second wave of patent reforms from the America Invents Act. “The provisions will create new ways to challenge patent applications and existing patents, and counsel will want to more closely monitor the patent landscape and their competitors.”

Troubles: D.C. Councilmember Michael Brown (I-At Large) lost his driving privileges five times during the past eight years due to traffic violations and his failure to pay for the citations, The Washington Post reports. The driving record was provided by the D.C. Department of Motor Vehicles under a Freedom of Information Act request. He is running for reelection.