New York

  • September 27, 2024

    Seward & Kissel Adds Ex-A&O Shearman Counsel In NY

    Seward & Kissel LLP announced on Thursday the hiring of a former attorney at Allen Overy Shearman Sterling as special counsel in its real estate group out of New York.

  • September 27, 2024

    Taxation With Representation: Kirkland, Skadden, Cleary

    In this week's Taxation With Representation, Blackstone and Vista Equity Partners acquire Smartsheet Inc., Macquarie Asset Management takes a stake in D.E. Shaw Renewables Investment Group, and Apogee Enterprises Inc. buys UW Interco LLC from Heartwood Partners.

  • September 27, 2024

    NY Man Convicted In Father-Son Crypto Caper

    A Long Island man was convicted by a Manhattan federal jury of conspiring with his son to scam investors out of millions by claiming to invest their cryptocurrency and instead pocketing the funds.

  • September 27, 2024

    Fried Frank-Led StepStone Clinches $7.4B Secondaries Fund

    Private equity shop StepStone Group Inc., advised by Fried Frank Harris Shriver & Jacobson LLP, on Friday announced that it clinched its fifth secondaries opportunities fund and separate related accounts with around $7.4 billion of total investor commitments.

  • September 27, 2024

    Adams Pleads Not Guilty As Atty Mocks Charges

    New York City Mayor Eric Adams pled not guilty to federal corruption charges Friday in a packed courtroom in Lower Manhattan, with his attorney deriding the indictment outside the courthouse as not "a real case" and vowing to file a motion to dismiss.

  • September 26, 2024

    2nd Circ. Questions Crypto Co.'s 'Control' In Scam Token Suit

    Investors attempting to revive their suit around decentralized crypto exchange Uniswap Labs told a Second Circuit panel on Thursday that their claims were prematurely dismissed, while a judge pressed them to show how any of the defendants had control of the alleged "rampant fraud" on the platform.

  • September 26, 2024

    Tornado Cash Developer Must Face Criminal Case

    The founder of cryptocurrency mixing service Tornado Cash can't escape charges he conspired to launder money and violate sanctions, after a Manhattan federal judge ruled in an oral opinion Thursday that his "narrative" of being prosecuted over writing computer code should be put before a jury.

  • September 26, 2024

    Sen. Warren Presses OCC, Fed For Tighter Leash On NYCB

    Sen. Elizabeth Warren, D-Mass., demanded Wednesday that federal regulators slap New York Community Bancorp with a higher minimum capital requirement, calling out what she alleges has been lax oversight of the bank.

  • September 26, 2024

    Donziger Unveils Plan To Launch Impact Litigation Fund

    Sitting before an intimate audience of environmental investors and business leaders, disbarred environmental lawyer Steven Donziger recounted his 30-year battle with Chevron Corp. and its predecessor Texaco Inc. in Manhattan on Thursday, before laying out his plan to launch an impact litigation fund.

  • September 26, 2024

    Judge Albright Steers Patent Suit Against Volvo To NJ

    U.S. District Judge Alan Albright has ruled that the presence of car dealerships in the Western District of Texas, a popular patent jurisdiction, is not enough to keep a patent lawsuit against Swedish carmaker Volvo in his Waco courtroom, transferring the case brought by an ex-Microsoft executive's private equity-funded patent litigation outfit.

  • September 26, 2024

    Fintech Firm Can't Dodge Investor Suit Over Lending Program

    A New York federal judge has trimmed some allegations in a proposed class action lawsuit against payment processing company StoneCo Ltd. while allowing shareholders to move forward with claims that the company underplayed its role in the failure of a merchant lending program it once offered in Brazil.

  • September 26, 2024

    2nd Circ. Denies Jury Trial In Abbott Labs Gray Market Case

    A man and his wife involved in the sale of gray market diabetes test strips on Tuesday were unable to persuade the Second Circuit to undo the $33.4 million judgment they owe to Abbott Laboratories after a federal judge stripped them of their right to a jury trial.

  • September 26, 2024

    Judge Says Avon Should Hold Off On Deal With Parent Co.

    A Delaware bankruptcy judge told cosmetics giant Avon Products Inc. on Thursday that it needs to give creditors more time to investigate its dealings with its Brazilian parent company before he can approve a proposed settlement of claims against the parent.

  • September 26, 2024

    FCC Hits Alleged Pirate Radio Operators With $1.8M In Fines

    The Federal Communications Commission on Thursday slapped more than $800,000 in fines on three alleged pirate radio operators in the Miami area and proposed $1 million in forfeitures against three others in the New York City area.

  • September 26, 2024

    NY Diocese Reaches $323M Settlement With Abuse Survivors

    Long Island's bankrupt Roman Catholic diocese has agreed to a nearly $323 million deal with hundreds of survivors of sexual abuse, a historic settlement that will bring to a close after four years the church's Chapter 11 case, according to a statement issued Thursday.

  • September 26, 2024

    Split 2nd Circ. Backs 8 Years For Conn. COVID Money Scam

    In a published opinion Thursday, a split panel of the Second Circuit upheld a Connecticut man's eight-year prison sentence for stealing federal COVID-19 relief funds from the city of West Haven through a conspiracy with a state representative, finding that the punishment was not "substantively unreasonable."

  • September 26, 2024

    Google Happy Hour Counts As Work For Injured Employee

    A New York appeals panel held Thursday that a Google account executive was acting in the scope of his employment when he was hit by two e-bikes while traveling home from a team happy hour, granting workers' compensation benefits for his injuries. 

  • September 26, 2024

    Visa Case Continues Antitrust Focus On 'Middlemen'

    The antitrust case filed by the U.S. Department of Justice against Visa on Tuesday is the administration's latest attack on commercial "middlemen" that enforcers say contribute to high consumer prices by using their dominance to charge inflated fees.

  • September 26, 2024

    SEC Scores Partial Win In Suit Over Blockchain Co.'s ICO

    A New York federal judge has partially granted the U.S. Securities and Exchange Commission's motion for summary judgment in a suit accusing blockchain marketplace company Opporty International Inc. and its Brooklyn-based owner of conducting a fraudulent initial coin offering of unregistered digital asset securities.

  • September 26, 2024

    Feds Send Message To Adams' City Hall: Buckle Up

    The seizure of another of New York City Mayor Eric Adams' phones ahead of his corruption indictment Thursday and a prosecutor's cryptic vow to "hold more people accountable" suggest the landmark case may only just be getting started, experts say.

  • September 26, 2024

    Judge Finds Golf Simulator Original Enough, At Least for Now

    A judge overseeing a copyright case in the Southern District of New York has decided that the makers of a golf simulator had developed an interface that could, at least on paper, meet the "modest requirements of originality."

  • September 26, 2024

    NY Lawmakers Beat ADA Suit Over Contentious Mask Ban

    A New York federal judge threw out a challenge to Nassau County's ban on face masks worn by people trying to hide their identities in public, noting in an order Wednesday the plaintiffs lack standing since the ban doesn't apply to coverings worn to protect the wearer's health and safety.

  • September 26, 2024

    Conn. Atty's Suit Against Willkie Partner Tossed

    A Connecticut state court has dismissed a solo practitioner's lawsuit that alleged a partner at Willkie and his wife abused the court process by suing him over his contribution to an unflattering New York Post story about the couple.

  • September 26, 2024

    Meet The Quinn Emanuel Atty Defending NYC Mayor Adams

    Embattled New York City Mayor Eric Adams has tapped Quinn Emanuel Urquhart & Sullivan LLP partner Alex Spiro to defend him against campaign fraud and bribery charges, putting his fate in the hands of a hotshot attorney known for celebrity clients and courtroom miracles.

  • September 26, 2024

    Y Combinator-Backed Firstbase.io Files Ch. 11 In New York

    Firstbase.io Inc. has filed for Chapter 11 protection in New York bankruptcy court with up to $50 million of debt, more than three years after the business services company nabbed an investment from startup accelerator Y Combinator.

Expert Analysis

  • Loper Bright Limits Federal Agencies' Ability To Alter Course

    Author Photo

    The U.S. Supreme Court's recent decision to dismantle Chevron deference also effectively overrules its 2005 decision in National Cable & Telecommunications Association v. Brand X, greatly diminishing agencies' ability to change regulatory course from one administration to the next, says Steven Gordon at Holland & Knight.

  • 2nd Circ. Case Reinforces Need For Advance Notice Bylaws

    Author Photo

    The Second Circuit's recent decision in Nano Dimension v. Murchinson illustrates that Section 13(d) of the Exchange Act is a square peg for a round hole, and that advance notice bylaws are far better at protecting against undisclosed coordination among activist shareholders, say attorneys at Morgan Lewis.

  • Motion To Transfer Venue Considerations For FCA Cases

    Author Photo

    Several recent decisions highlight the importance for practitioners of analyzing as early as possible whether a False Claims Act case warrants a change of venue, and understanding how courts weigh certain factors for defendants versus whistleblowers, say Ellen London at London & Stout, and Li Yu and Corey Lipton at DiCello Levitt.

  • Series

    Teaching Scuba Diving Makes Me A Better Lawyer

    Author Photo

    As a master scuba instructor, I’ve learned how to prepare for the unexpected, overcome fears and practice patience, and each of these skills – among the many others I’ve developed – has profoundly enhanced my work as a lawyer, says Ron Raether at Troutman Pepper.

  • SolarWinds Ruling Offers Cyber Incident Response Takeaways

    Author Photo

    The New York federal court's dismissal of all charges related to the 2019 Sunburst cyberattack is a devastating blow to the U.S. Securities and Exchange Commission's cybersecurity case against SolarWinds, but the well-reasoned opinion provides valuable lessons that may improve companies' defensive posture in the wake of a major cybersecurity incident, say attorneys at Troutman Pepper.

  • Lawyers Can Take Action To Honor The Voting Rights Act

    Author Photo

    As the Voting Rights Act reaches its 59th anniversary Tuesday, it must urgently be reinforced against recent efforts to dismantle voter protections, and lawyers can pitch in immediately by volunteering and taking on pro bono work to directly help safeguard the right to vote, says Anna Chu at We The Action.

  • PE Firms Should Prepare For Increased False Claims Scrutiny

    Author Photo

    The impact private equity firms may have over medical decisions and care is increasingly attracting potential liability under the False Claims Act and attention from states and the federal government, so investors should follow best practices including conducting due diligence both before and after acquisitions, say attorneys at K&L Gates.

  • NY Tax Talk: Triggers For Tax On Software-As-A-Service

    Author Photo

    Recent decisions by New York’s Tax Appeals Tribunal and Division of Tax Appeals, finding that services bundled with prewritten software were tangible property, provide insight into the features and customer interactions that render such products subject to New York sales tax, say Elizabeth Cha and Madison Ball at Eversheds Sutherland.

  • Series

    After Chevron: ERISA Challenges To Watch

    Author Photo

    The end of Chevron deference makes the outcome of Employee Retirement Income Security Act regulatory challenges more uncertain as courts become final arbiters of pending lawsuits about ESG investments, the definition of a fiduciary, unallocated pension forfeitures and discrimination in healthcare plans, says Evelyn Haralampu at Burns & Levinson.

  • Menendez Corruption Ruling Highlights Attorney Proffer Risks

    Author Photo

    The recent admission of slides used in a preindictment presentation as evidence during U.S. Sen. Bob Menendez’s corruption trial highlights the potential pitfalls of using visual aids in attorney proffers, and the increasing importance of making disclaimers regarding information presented at the outset of proffers, say Carrie Cohen and Savanna Leak at MoFo.

  • What's In NYDFS Guidance On Use Of AI In Insurance

    Author Photo

    Matthew Gaul and Shlomo Potesky at Willkie summarize the New York Department of Financial Services' recently adopted circular letter on the use of artificial intelligence in insurance underwriting and pricing, and highlight the material changes made to it in response to comments on the draft circular letter.

  • 2nd Circ. Ruling May Limit Discovery In Int'l Arbitration

    Author Photo

    The Second Circuit's recent Webuild v. WSP decision, affirming a discovery order's nullification in arbitration between Webuild and the government of Panama, demonstrates courts' unwillingness to find that arbitral tribunals in investor-state cases fall within the scope of the discovery statute, say attorneys at Cleary.

  • Eye On Compliance: New Pregnancy And Nursing Protections

    Author Photo

    With New York rolling out paid lactation breaks and extra leave for prenatal care, and recent federal legislative developments enhancing protection for pregnant and nursing workers, employers required to offer these complex new accommodations should take several steps to mitigate their compliance risks, says Madjeen Garcon-Bonneau at Wilson Elser.

  • How To Grow Marketing, Biz Dev Teams In A Tight Market

    Author Photo

    Faced with fierce competition and rising operating costs, firms are feeling the pressure to build a well-oiled marketing and business development team that supports strategic priorities, but they’ll need to be flexible and creative given a tight talent market, says Ben Curle at Ambition.

  • Series

    Rock Climbing Makes Me A Better Lawyer

    Author Photo

    Rock climbing requires problem-solving, focus, risk management and resilience, skills that are also invaluable assets in my role as a finance lawyer, says Mei Zhang at Haynes and Boone.

Want to publish in Law360?


Submit an idea

Have a news tip?


Contact us here
Can't find the article you're looking for? Click here to search the New York archive.
Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!