Bankman-Fried Asks Justices To Review His Fraud Conviction

By Rae Ann Varona

Incarcerated FTX founder Sam Bankman-Fried urged the U.S. Supreme Court on Thursday to review the Second Circuit's decision affirming his fraud conviction and $11 billion forfeiture order, saying now is the time to resolve whether evidence of fraud victims' losses belongs in fraudulent-inducement prosecutions and whether his "crushing fine" is constitutional.

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Huawei Ripped Off Amazon Cloud Platform IP, Jury Hears

By Stewart Bishop

A former engineer for a U.S. subsidiary of Huawei on Thursday testified that she was shocked and upset after a colleague boasted of co-opting patented code used in Amazon's cloud computing platform, the first of several Huawei employees that are expected to take the stand in the Chinese telecommunications company's RICO trial in New York federal court. 

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Cognizant Knocks Out Fired Worker's $8.4M Retaliation Win

By Patrick Hoff

A New York federal judge granted Cognizant Technology Solutions Corp. a new trial in a lawsuit by an employee who said he was fired for reporting what he alleged was pro-Indian hiring bias, finding that keeping an $8.4 million verdict would be a "miscarriage of justice."

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JPMorgan Aided Ex-Atty Kossoff's $18.5M Theft, Trustee Says

By Hailey Konnath

The Chapter 7 trustee representing bankrupt firm Kossoff PLLC on Wednesday sued JPMorgan Chase Bank NA, claiming the bank helped the firm's principal steal at least $18.5 million from clients, and it "should be made to account."

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1st Circ. Keeps USPS Ballot Mail Rule Blocked For Midterms

By Julie Manganis

The First Circuit on Thursday rejected a request from the U.S. Postal Service to lift a Massachusetts federal judge's order blocking new mail ballot requirements that the appellate court said would create "chaos and widespread disenfranchisement" just weeks before the November midterm elections.

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Jay-Z Can't Undo Buzbee's Win In Rapper's Defamation Suit

By Y. Peter Kang

A California state appeals court has refused to revive claims that Texas attorney Tony Buzbee defamed and extorted music superstar Jay-Z by roping him into a sexual abuse suit against Sean "Diddy" Combs, saying the case was properly thrown out under California's free speech statute.

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Brief

Gig Cos.' Suit Over NYC Tip Law Paused For 2nd Circ. Review

By Benjamin Morse

A New York federal judge has paused a suit by DoorDash and Uber challenging New York City's delivery tipping laws, putting the case on hold while the Second Circuit considers the companies' First Amendment appeal.

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BitConnect Promoter To Pay $1.9M In SEC Settlement

By Sydney Price

A cryptocurrency promoter was ordered by a New York federal judge to pay over $1.9 million to end claims from the U.S. Securities and Exchange Commission that he recruited investors into a $2 billion unregistered cryptocurrency lending program, marking the end of litigation launched in 2021.

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24 States Ink Deal With Feds In AmeriCorps Budget Cuts Case

By Rachel Riley

Two dozen states and the District of Columbia have reached a settlement with the Trump administration to stop the federal government from abruptly slashing funding for the national volunteer agency AmeriCorps in the future, the coalition of states announced Thursday.

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States Press Court To Block DOT's CDL Data Request

By Jared Foretek

A Virginia federal judge on Thursday questioned the Trump administration's claim that the Federal Motor Carrier Safety Administration's chief counsel wasn't speaking for the agency itself when she told a nationwide commercial driver database operator to either hand over millions of driver files or see its federal funding slashed.

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Citizens Says SoFi's Poaching 'Decimated' Conn. Mortgage Biz

By Isaac Monterose

Citizens Bank is suing SoFi Bank in Connecticut federal court, alleging its rival poached Citizens Bank employees, stole its trade secrets and "decimated Citizens' mortgage business" in Connecticut. 

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Feds' Cut To NY Funding In CDL Fight Justified, 2nd Circ. Told

By Linda Chiem

The Trump administration has told the Second Circuit that it's well within its rights to penalize New York by withholding $74 million in highway funds over the state's failure to revoke commercial driver's licenses that were issued to ineligible foreign drivers.

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Nielsen Tells 2nd Circ. Court Altered Terms Of Cumulus Order

By Nadia Dreid

Nielsen is headed back to the Second Circuit after a New York federal court changed the terms of a preliminary injunction that the appellate court had already upheld, the company said, requiring Nielsen to not only unbundle its national radio ratings data from its local offerings but also to provide that data on specific terms.

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Proskauer Hires Former Cahill Gordon Finance Team

By Andrea Keckley

Proskauer Rose LLP announced Wednesday that it has hired a team of New York attorneys who most recently worked for Cahill Gordon & Reindel LLP, touting their experience serving clients in the leveraged finance market.

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Eminent Domain Atty Joins Greenberg Traurig In NY

By Nate Beck

Greenberg Traurig LLP has expanded its real estate practice with the addition of an eminent domain-focused shareholder in the firm's New York City and Long Island offices from Duane Morris LLP, according to the firm.

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Reed Smith Continues Private Capital Growth With Two Hires

By Daniel Moritz-Rabson

Reed Smith LLP announced two new hires to its private capital team on Wednesday as the firm continues rapidly expanding the platform.

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Voyager Ruling Maps Out Ch. 11 Exculpation Lessons

Chapter 11 plan proponents drafting exculpation provisions may benefit from contrasting the exculpatory language recently invalidated by a New York federal court in the Voyager Digital Holdings case with successful recent use of these provisions in confirmed bankruptcy plans, say attorneys at Debevoise.

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Series

Juggling And Unicycling Make Me A Better Lawyer

Because I juggle (sometimes with fire) and ride the unicycle, friends and family used to joke that I should join the circus, but I pursued the practice of law instead and learned that my hobbies benefit my profession in several important ways, says Morgan Eddy at Smith Currie.

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ABA Study Shows 20% Of Attys Under Severe Mental Distress

By Tracey Read

About one-fifth of attorneys across the country meet moderate-to-extremely severe symptom thresholds for depression, anxiety and stress, according to the largest-ever study of mental health and well-being in the legal profession.

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Mass. Judge Sanctioned Over Handling Of ICE At Courthouse

By Julie Manganis

Massachusetts' highest court on Thursday sanctioned a judge over her handling of a case involving a defendant wanted by immigration agents in 2018, an incident that led to federal charges that were dismissed after the judge agreed to a disciplinary process.

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Ed Martin Reprimanded Over Unauthorized FBI Contacts

By Courtney Bublé

Last summer, when Ed Martin was still head of the weaponization working group at the U.S. Department of Justice, he was reprimanded after his team communicated with the FBI without authorization, according to recently released emails.

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2 At DOJ Sued Over Conn. Immigration Court Record Access

By Christine DeRosa

The American Civil Liberties Union Foundation of Connecticut has filed suit in Connecticut federal court challenging the Hartford Immigration Court's refusal to provide access to immigration court records.

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Analysis

Executive Privilege Questions Cloud Congressional Probe Prep

By Phillip Bantz

As corporate leaders brace for the possibility of Democrats retaking control of Congress and launching aggressive investigations into the Trump administration's dealings with a vast array of companies, attorneys say a U.S. Justice Department opinion on executive privilege could complicate the probes.

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DOJ Urges High Court To Revisit 9th Circ.'s Bar Of Nev. US Atty

By Madison Arnold

The Justice Department has asked the U.S. Supreme Court to revisit a recent Ninth Circuit ruling disqualifying the Trump administration's top federal prosecutor in Nevada, calling it a decision that imposes "ongoing confusion" in the executive branch.

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