'Tough sheriff': "The nomination of Debevoise & Plimpton partner Mary Jo White as the next chairman of the U.S. Securities and Exchange Commission means that the agency will continue with an aggressive approach to Wall Street enforcement, financial regulation attorneys say," The National Law Journal reports. More coverage of White's nomination here and here.
No damages: From today's Recorder: "The long-running IP war between Mattel Inc. and MGA Entertainment Inc. over the Bratz line of dolls has ended — for now — with zero damages. The U.S. Court of Appeals for the Ninth Circuit on Thursday laid waste to Bratz maker MGA's $170 million trade secret award — an award procured on retrial after the appeals court wiped out Barbie maker Mattel's $100 million copyright verdict and constructive trust."
Tweaks: NPR reports: "The Senate voted Thursday to limit filibusters in a rare bipartisan vote that would reduce but not end the number of times opponents can use the procedure."
Seduction or obscene act?: An undercover sex sting on a forest trail in North Carolina is the centerpiece of a dispute in the U.S. Court of Appeals for the Fourth Circuit over the scope of a federal disorderly conduct regulation. The American Civil Liberties Union filed a brief in support of a man who was arrested and prosecuted after grabbing the crotch of an undercover agent.
Questions raised: The Washington Post is running this story: "Treasury nominee Lew’s history with Citigroup raises questions."