On May 22, 2023, the U.S. Supreme Court issued a unanimous opinion summarily reversing a Sixth Circuit order upholding penalties issued by the FDIC against firm client Harry Calcutt. The Supreme Court held that the Sixth Circuit erred in upholding the disciplinary order against Mr. Calcutt after finding that the FDIC had made legal errors in adjudicating the case.
The team representing Mr. Calcutt included Lisa Blatt, Sarah Harris, Ryan Scarborough, Will Snyderwine, Kimberly Broecker, Claire Cahill, and Rohit Asirvatham.
The ruling has been covered by Law360, Bloomberg, and Courthouse News.