Adult film star Stormy Daniels detailed for a Manhattan jury on Tuesday how a sexual encounter with Donald Trump in 2006 led to an alleged $130,000 hush money payment in 2016, describing how it was "fear and not money" that led her to make the deal.
Law360
New York
WEDNESDAY, MAY 8, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Stormy Daniels Tells NY Jury 'Fear' Drove Hush Money Deal

By Frank G. Runyeon, Stewart Bishop and Rachel Scharf

Adult film star Stormy Daniels detailed for a Manhattan jury on Tuesday how a sexual encounter with Donald Trump in 2006 led to an alleged $130,000 hush money payment in 2016, describing how it was "fear and not money" that led her to make the deal.

Read full article » | Save to favorites »

Coverage Recap: Day 9 Of Trump's NY Hush Money Trial

By Rachel Scharf, Stewart Bishop and Frank Runyeon

Law360 reporters are providing live updates from the Manhattan criminal courthouse as Donald Trump goes on trial for allegedly falsifying business records related to hush money payments to porn star Stormy Daniels ahead of the 2016 election. Here's a recap from day nine.

Read full article » | Save to favorites »

NY Officials Tout Crackdown On Illicit Cannabis Market

By Sam Reisman

New York state cannabis regulators on Tuesday touted new legislative changes empowering them to more swiftly crack down on unregulated marijuana sales, the same day that New York City officials announced a program to step up enforcement against unlicensed retailers.

Read full article » | Save to favorites »

Google Says Exec's Firing Based On Behavior, Not Bias

By Emmy Freedman

Google urged a New York federal court to toss a lawsuit from a former executive who said he was fired for being a white man, arguing his termination came because he threw a raucous, alcohol-fueled party at his lake house despite receiving prior warnings about bad behavior.

Memorandum attached | Read full article » | Save to favorites »

Truth Social Investor Grilled By Feds At Insider Trading Trial

By Pete Brush

A Florida investment pro on trial for allegedly exploiting confidential plans to take Truth Social public in a $23 million insider trading case was challenged Tuesday by prosecutors on the timing of trades and communications before the "special" media deal.

Read full article » | Save to favorites »

2nd Circ. Weighs Border Wall Fraud Juror's Tie To Prosecution

By Cara Salvatore

A Colorado man convicted of scheming to defraud donors to a campaign to build a southern border wall told the Second Circuit on Tuesday that his trial was tainted by a juror's family connection to the prosecution team.

Read full article » | Save to favorites »

POLICY & REGULATION

Top Dem Cuts Cuellar Slack Not Given Santos, Menendez

By Courtney Bublé

House Democratic leadership has continued its defense of Rep. Henry Cuellar, D-Texas, following the recent bribery indictment against him and his wife, saying the situation is different from the indictments last year against Rep. George Santos, R-N.Y., and Sen. Bob Menendez, D-N.J.

Read full article » | Save to favorites »

85 Lawmakers Join Chorus Opposing Space Force Transfers

By Chart Riggall

A bipartisan group of 85 federal lawmakers on Tuesday joined all 50 state governors in opposing a proposal to allow Air National Guard units to be transferred to the U.S. Space Force without gubernatorial approval, arguing the measure would undermine "the integrity and longstanding mission of the National Guard."

Letter attached | Read full article » | Save to favorites »

REAL ESTATE & DEVELOPMENT

NYC Eatery Asks 2nd Circ. To Undo Revival Of Workers' Suit

By Emlyn Cameron

A New York City restaurant operator urged the Second Circuit Tuesday to reject a lower court finding that its workers' federal wage claims may be cut from their class action but can also be reinstated if the appeals court were to vacate their state wage claims, insisting the decision is unfair.

2 documents attached | Read full article » | Save to favorites »

INSURANCE

Insurer Seeks Hearing Cancellation In Arbitrator Bias Dispute

By Jennifer Mandato

An insurer seeking the removal of an arbitrator in a Bermuda reinsurance coverage dispute told the Second Circuit on Tuesday that a hearing on the issue should be canceled as an award was issued in the arbitration, rendering the dispute moot.

Brief attached | Read full article » | Save to favorites »

PERSONAL INJURY & MEDICAL MALPRACTICE

3rd Circ. Unsure Miss. Law Saves Kavanaugh Classmate's Suit

By Matthew Santoni

Weighing whether New York or Mississippi law controls a libel lawsuit that Justice Brett Kavanaugh's former classmate filed against The Huffington Post could be moot if neither state's law offers an extension for refiling claims dismissed for lack of personal jurisdiction, a Third Circuit panel suggested Tuesday.

Read full article » | Save to favorites »

EMPLOYMENT

Amazon Worker Wants Class Cert. In Military Leave Suit

By Emmy Freedman

A former Amazon worker urged a New York federal court to greenlight a more than 9,000-member class of military reservists in her lawsuit accusing the e-commerce giant of failing to provide paid leave for employees on active duty, saying the dispute is best suited for class treatment.

2 documents attached | Read full article » | Save to favorites »

SECURITIES & WHITE COLLAR

Trump Media Co-Founders Seek Chancery Contempt Order

By Jeff Montgomery

Two early investors in Trump Media & Technology Group have called for a Delaware Court of Chancery contempt ruling against Donald Trump's Truth Social media company, saying its attempt to claim their shares in a Florida lawsuit contradicted earlier representations in Delaware.

Read full article » | Save to favorites »

Santos Says Feds Overstepped With ID Theft Charge

By Elliot Weld

Former U.S. Rep. George Santos told a Brooklyn federal court that prosecutors used an unconstitutionally vague identity theft statute to charge him with reporting fake fundraising numbers to the Federal Election Commission.

Memorandum attached | Read full article » | Save to favorites »

SEC Says Morrison Can't Save Terraform From Disgorgement

By Aislinn Keely

The U.S. Securities and Exchange Commission said bankrupt crypto firm Terraform Labs should remain on the hook for potentially $3.6 billion in disgorgement over its fraud trial loss, saying any claims that its unregistered transactions took place beyond the court's reach are undermined by the agency's congressional authority.

Brief attached | Read full article » | Save to favorites »

Everton Investors Bemoan Soccer Team Sale Amid Fraud Suit

By Elaine Briseño

The Everton FC Shareholders Association wants to slam the brakes on the "farce" sale of its Premier League soccer team to private equity firm 777 Partners LLC, arguing they are not qualified owners, a demand that comes as the firm faces allegations of fraud.

Complaint attached | Read full article » | Save to favorites »

MERGERS & ACQUISITIONS

Fashion Cos. Say FTC Bid To Ax $8.5B Deal 'Makes No Sense'

By Lauren Berg

The Federal Trade Commission's move to block the owner of Coach and Kate Spade from buying the owner of Michael Kors and Jimmy Choo for $8.5 billion "makes no sense," the companies told a New York federal judge, saying they aren't the only handbag brands in the game.

2 documents attached | Read full article » | Save to favorites »

PRIVATE EQUITY

Fenwick-Led Cloud Security Co. Raises $1B At $12B Valuation

By Jade Martinez-Pogue

New York-headquartered cloud security company Wiz, advised by Fenwick & West LLP, announced on Tuesday that it hit a $12 billion valuation after securing $1 billion in its latest fundraising round.

Read full article » | Save to favorites »

PEOPLE

Clyde & Co. Continues Aviation Growth With K&L Gates Atty

By Adrian Cruz

Clyde & Co. has announced it hired a new partner in New York from K&L Gates who brings over 30 years of experience working on aviation, project and transportation finance matters.

Read full article » | Save to favorites »

Steptoe Adds SEC Enforcement Head From Miller & Chevalier

By Jack Rodgers

Steptoe LLP has hired a former Miller & Chevalier Chtd. member, who joins the firm to lead its U.S. Securities and Exchange Commission enforcement practice in the firm's Washington and New York offices.

Read full article » | Save to favorites »

Bloch & White Adds Civil Rights Atty From 'Ghost Gun' Case

By Tracey Read

Bloch & White LLP has hired "one of the winningest trial attorneys" in the Eastern District of New York's history as counsel, the firm said Monday.

Read full article » | Save to favorites »

EXPERT ANALYSIS

2nd Circ. Eminent Domain Ruling Empowers Municipalities

The Second Circuit's recent decision in Brinkmann v. Town of Southold, finding that a pretextual taking does not violate the Fifth Amendment's takings clause, gives municipalities a powerful tool with which to block unwanted development projects, even in bad faith, say James O'Connor and Benjamin Sugarman at Phillips Lytle.

Decision attached | Read full article » | Save to favorites »

LEGAL INDUSTRY

Northeast Firms Harris Beach, Murtha Cullina To Join Forces

By Christine DeRosa

Midsize law firms Harris Beach PLLC and Murtha Cullina LLP on Tuesday announced plans to combine starting next year, creating one firm with a footprint across Connecticut, Massachusetts, New York and nearby states.

Read full article » | Save to favorites »

Titans Of The Plaintiffs Bar: Susman's Brook, Shackelford

By Sydney Price

Susman Godfrey LLP attorneys Davida Brook and Stephen Shackelford Jr. learned very early on in their working relationship that they needed to trust each other. That concept, they say, has been foundational to their success as defamation attorneys, and those who have worked alongside them say everyone else has reason to trust them, too.

Read full article » | Save to favorites »

Florida Judge Delays Trump's Classified Docs Trial Indefinitely

By David Minsky

The Florida judge overseeing the criminal case that accuses former President Donald Trump of holding onto classified documents upon leaving office extended indefinitely the planned May 20 start of the trial, citing "myriad and interconnected pretrial" issues regarding the Classified Information Procedures Act, according to a federal court order filed on Tuesday.

Order attached | Read full article » | Save to favorites »

Prepetition Waivers Sway Invitae Judge On Kirkland Hire

By Vince Sullivan

A New Jersey bankruptcy judge approved the retention of Kirkland & Ellis LLP as bankruptcy counsel for debtor Invitae Corp. Tuesday, the same day he approved a $239 million sale of its assets to Labcorp.

Read full article » | Save to favorites »

Atty Dons Muppet Head To Open Sesame Place Race Bias Trial

By P.J. D'Annunzio

A federal jury in Philadelphia on Tuesday gazed at the googly eyes and blue fur of an attorney who donned the head of Sesame Street's Grover to tell them that performers wearing the fluorescent bodysuits of other beloved Muppets discriminated against children at a Pennsylvania theme park because of the color of their skin.

Read full article » | Save to favorites »

Remote Atty Is No Reason For Mistrial, 10th Circ. Says

By Emily Sawicki

In a published opinion Tuesday, a Tenth Circuit panel ruled that the remote court appearance of a plaintiff's attorney who contracted COVID-19 was not grounds to declare a mistrial after a Black utility worker lost his Title VII workplace discrimination case in Kansas, finding that the plaintiff could not show that he was prejudiced by his lead counsel's absence.

Opinion attached | Read full article » | Save to favorites »

Promo that reads Law360 2024 Titans of the Plaintiffs Bar Promo that reads Law360 Pulse 2024 AI Survey

LAW FIRMS IN TODAY'S NEWS

Abrams Fensterman

Bloch & White

Brand Woodward

BraunHagey & Borden

Bruch Law Group

Chaffetz Lindsey

Choate Hall

Clare Locke

Clyde & Co

Cole Schotz

Continental PLLC

Cranfill Sumner

DLA Piper

Davis Wright Tremaine LLP

Dechert LLP

Dentons

Duane Morris

Earth & Water Law

Farnan LLP

Fenwick & West

Foley & Lardner

Gibson Dunn

Halloran Farkas

Harris Beach PLLC

Hunton Andrews

Jones Day

Joseph & Kirschenbaum

K&L Gates

Kaplan Hecker

King & Spalding

Kirkland & Ellis

Latham & Watkins

Lewis Brisbois

Mancilla & Fatone

McAnany Van

Miller & Chevalier

Morrison Foerster

Murphy Falcon

Murtha Cullina

NechelesLaw

Neufeld Scheck

Outten & Golden

Paul Hastings

Phillips Lytle

Porzio Bromberg

Reed Smith

Saul Ewing

Shapiro Arato

Steptoe LLP

Susman Godfrey

The Popham Law Firm

Trial Law Firm LLC

Virginia & Ambinder

Wachtell Lipton

Weil Gotshal

Weitz & Luxenberg

White & Case

Willkie Farr

Wise Carter

Zeisler PLLC

COMPANIES IN TODAY'S NEWS

777 Partners

Amazon.com Inc.

Andreessen Horowitz LLC

Barclays Center

Burberry Group

Capri Holdings Ltd.

Deerfield Management Co. LP

Financial Industry Regulatory Authority Inc.

Fox News Network LLC

Google LLC

Gucci Group NV

HuffingtonPost.com LLC

Index Ventures SA

Invitae Corp.

Jimmy Choo Ltd.

Jump Trading LLC

Kate Spade & Co.

LVMH Moet Hennessy

Lightspeed Management Co. LLC

LinkedIn Corp.

Mercedes-Benz USA LLC

Michael Kors Holdings Ltd.

Moore Capital Management LLC

National Australia Bank Ltd.

New York University

Overstock.com Inc.

Public Co. Accounting Oversight Board

Salesforce.com Inc.

SeaWorld Parks & Entertainment Inc.

Sequoia Capital Operations LLC

Sompo International Holdings Ltd.

Tapestry Inc.

The City University of New York

Trump Organization Inc.

Twitter Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Election Commission

Federal Trade Commission

International Chamber of Commerce

Manhattan District Attorney's Office

New York City Police Department

U.S. Army

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the District of New Jersey

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Tenth Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District Court for the Eastern District of New York

U.S. District Court for the Eastern District of Pennsylvania

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. Office Of Special Counsel

U.S. Securities and Exchange Commission

U.S. Supreme Court