New York

  • November 27, 2024

    Compass NJ Tapped To Sell $33M Miles Guo Mansion In Ch. 11

    The trustee handling the Chapter 11 of exiled Chinese businessman and convicted fraudster Miles Guo asked the Connecticut bankruptcy court to let him hire four agents with residential real estate firm Compass to sell a historic 58-room mansion in Mahwah, New Jersey.

  • November 27, 2024

    Menendez Says Evidence Error Means Automatic New Trial

    Former Sen. Bob Menendez told a federal judge Wednesday that it's "unavoidable" that he is owed a new trial after prosecutors' recent admission that they gave jurors evidence that had been excluded.

  • November 27, 2024

    Up Next At The High Court: Transgender Care, Holocaust Art

    The U.S. Supreme Court will return to the bench Monday for its December arguments session, which will include blockbuster questions about the constitutionality of state laws banning gender-affirming care for transgender minors and whether Hungary can be held liable for property stolen during World War II.

  • November 27, 2024

    Black Priest Harassment Claim Against NY Church Revived

    A Black, Nigerian Catholic priest's suit claiming the diocese failed to act and then fired him when he complained that a colleague called him a racial slur was revived by New York's highest court, ruling his case was improperly foreclosed by a religious carveout to the First Amendment.

  • November 27, 2024

    Trump Nominees Receive Bomb Threats, Feds Say

    Some of President-elect Donald Trump's Cabinet appointees and administration nominees were targeted with "numerous bomb threats and swatting incidents," federal law enforcement officials said Wednesday, confirming reports from Trump's transition team.

  • November 27, 2024

    How Trump's Ga. Allies Could Walk Back Their Guilty Pleas

    If any of President-elect Donald Trump's four co-defendants who secured early plea deals in the Georgia election meddling prosecution regret their decisions now that scandal has engulfed the case and Trump is returning to the White House, they might have some long shot options left on the table.

  • November 27, 2024

    Rikers Faces Federal Takeover As NYC Held In Contempt

    A Manhattan federal judge found New York City and its corrections department in civil contempt for failing to fix the "unconstitutional danger" for inmates at Rikers Island, indicating a receivership is the solution.

  • November 26, 2024

    GE Inks $362.5M Settlement In Investors' Stock Fraud Suit

    General Electric Co. shareholders asked a Manhattan federal judge to greenlight a $362.5 million settlement resolving long-running litigation on the cusp of trial that alleged the industrial giant's stock price plummeted after it was revealed the company fraudulently concealed cash flow problems.

  • November 26, 2024

    Warner Bros. Hit With Investor Suit Over Failed NBA Deal

    Warner Bros. Discovery Inc. investors Monday filed a proposed class action claiming that the entertainment company and its top brass made false and misleading statements about how negotiations with the NBA were really going and the state of its overall business and financial prospects.

  • November 26, 2024

    Mexican Lender Seeks US Recognition Of UK Reorg

    The England and Wales-based subsidiary of a Mexican industrial equipment leasing and financing group has asked a New York bankruptcy court to grant Chapter 15 recognition of insolvency proceedings it launched in the U.K. to deal with about $351 million of debt.

  • November 26, 2024

    2nd Circ. Nixes VR Capital Venezuela Fraud Suit

    The Second Circuit has refused to revive VR Capital's lawsuit accusing Venezuela's state-owned oil company of fraud in connection with its issuance of some $2 billion in since-defaulted bonds, ruling Tuesday that the asset manager hadn't adequately pled its case.

  • November 26, 2024

    NY Groups, Truckers Say Congestion Pricing Unconstitutional

    A New York teachers union, and coalitions of residents and truckers have told a federal judge that Manhattan's recently resurrected congestion pricing is still unconstitutional and discriminatory, and federal and state transportation agencies shouldn't be allowed to shake their claims just because the tolls will be reduced.

  • November 26, 2024

    Wells Fargo Dodges 2nd Circ. Rehearing In $500M Plunge Suit

    The Second Circuit has rejected a rehearing bid by two investors seeking to revive their proposed class action accusing Wells Fargo Securities LLC of causing a Chicago fund manager lose at least $500 million by wrongfully forcing the liquidation of its mutual fund and other investments.

  • November 26, 2024

    Susman Godfrey Riding 'Coattails' In $147.5M Deal, Court Told

    Susman Godfrey LLP should be denied fees for representing objectors to a $147.5 million global settlement of a life insurance proposed class action in Connecticut, class counsel has argued, saying the firm sought to "impede" rather than secure the deal and only rode class counsel's "coattails."

  • November 26, 2024

    Fox News Host Beats Biden Associate's Defamation Suit

    A New York federal judge has spiked a defamation suit filed against a Fox News analyst by Anthony Bobulinski, a former business associate of Hunter Biden's, finding that an on-air erroneous comment "does not impact Bobulinski's reputation meaningfully more" than his own decisions already have.

  • November 26, 2024

    Best Buy Must Face Suit Over Deliveryman Sex Assault

    A New York state appeals court on Tuesday reinstated a suit seeking to hold Best Buy liable for a delivery worker's sexual assault of a customer, saying the dismissal was improperly based on the testimony of a manager who was hired seven years after the incident occurred.

  • November 26, 2024

    MLBPA, FanDuel Ink Licensing Deal After Settling Legal Spat

    The Major League Baseball Players Association, FanDuel and OneTeam Partners on Tuesday announced that they are teaming up on a product and marketing licensing agreement, a move that comes just weeks after FanDuel was dropped from an MLBPA lawsuit over the alleged use of players' photos to promote sports gambling.

  • November 26, 2024

    Nadine Menendez's Atty Seeks Trial Delay Due To Jan. 6 Case

    Counsel for Nadine Menendez in a bribery case that toppled her husband, former U.S. Sen. Robert Menendez, asked a New York federal judge to delay her January trial date because it would likely conflict with the trial of another client facing charges in March in the 2021 Capitol insurrection.

  • November 26, 2024

    Ropes & Gray Atty Is Kirkland's Latest Debt Finance Hire

    Kirkland & Ellis LLP announced the latest of several recent additions to its debt finance group on Monday, a Ropes & Gray LLP partner with a host of multibillion-dollar deals under his belt.

  • November 26, 2024

    Ex-Regeneron Director Says FMLA Suit Should Stay In Court

    A former Regeneron Pharmaceuticals director asked a New York federal court not to toss her suit, saying she put forward sufficient details to back up her accusations that she was fired for lodging a complaint about her supervisor's abuse and requesting a flexible schedule to care for her daughter.

  • November 26, 2024

    DraftKings Wants Damages In NFLPA's Licensing Suit Axed

    DraftKings Inc. wants partially tossed a suit launched by the NFL Players Association alleging the sports betting giant failed to make good on a licensing agreement related to nonfungible tokens, saying that the players are not entitled to any damages but that as a threshold matter, the maximum potential damages should be capped.

  • November 26, 2024

    Giuliani's New Atty Faults Previous Counsel As NY Trial Nears

    A Manhattan federal judge declined Tuesday to delay a January trial over whether Rudy Giuliani must turn over his Florida condo and World Series rings to fund a $148 million defamation judgment, after the former New York City mayor's new lawyer criticized outgoing counsel.

  • November 25, 2024

    Drake Says UMG Paid To Boost Kendrick Lamar's Diss Track

    Universal Music Group conspired with Spotify to blast Kendrick Lamar's "Not Like Us" single to the top of the airwaves by using bots, pay-to-play agreements and other shady tactics at the expense of Drake and other artists, the Canadian rapper alleged Monday in a Manhattan court filing.

  • November 25, 2024

    Ex-Wamco Exec Charged In 'Criminal Cherry-Picking Scheme'

    Federal prosecutors have accused Ken Leech, the former chief investment officer of Western Asset Management Co., of participating in a $600 million "criminal cherry-picking scheme" in which he favored certain clients at the expense of others, according to an indictment unsealed Monday in New York federal court.

  • November 25, 2024

    Native Corp. Faces Default In $3.4M Stock Scam Suit

    A Native American microcap company has until Dec. 6 to tell a federal district court judge why it shouldn't face a default judgment in a $3.4 million stock scam lawsuit after the Securities and Exchange Commission said its chief executive officer's "willful disobedience" warrants such a ruling.

Expert Analysis

  • How To Clean Up Your Generative AI-Produced Legal Drafts

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    As law firms increasingly rely on generative artificial intelligence tools to produce legal text, attorneys should be on guard for the overuse of cohesive devices in initial drafts, and consider a few editing pointers to clean up AI’s repetitive and choppy outputs, says Ivy Grey at WordRake.

  • Constitutional Protections For Cannabis Companies Are Hazy

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    Cannabis businesses are subject to federal enforcement and tax, but often without the benefit of constitutional protections — and the entanglement of state and federal law and conflicting judicial opinions are creating confusion in the space, says Amber Lengacher at Purple Circle.

  • Opinion

    A Tale Of 2 Trump Cases: The Rule Of Law Is A Live Issue

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    The U.S. Supreme Court’s decision this week in Trump v. U.S., holding that former President Donald Trump has broad immunity from prosecution, undercuts the rule of law, while the former president’s New York hush money conviction vindicates it in eight key ways, says David Postel at Henein Hutchison.

  • 2nd Circ. ERISA Ruling May Help Fight Unfair Arb. Clauses

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    The Second Circuit recently held that a plaintiff seeking planwide relief under the Employee Retirement Income Security Act cannot be compelled to individual arbitration, a decision that opens the door to new applications of the effective vindication doctrine to defeat onerous and one-sided arbitration clauses, say Raphael Janove and Liana Vitale at Janove.

  • Series

    After Chevron: Various Paths For Labor And Employment Law

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    Labor and employment law leans heavily on federal agency guidance, so the U.S. Supreme Court’s decision to toss out Chevron deference will ripple through this area, with future workplace policies possibly taking shape through strategic litigation, informal guidance, state-level regulation and more, says Alexander MacDonald at Littler.

  • Series

    Boxing Makes Me A Better Lawyer

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    Boxing has influenced my legal work by enabling me to confidently hone the skills I've learned from the sport, like the ability to remain calm under pressure, evaluate an opponent's weaknesses and recognize when to seize an important opportunity, says Kirsten Soto at Clyde & Co.

  • What NYC's Green Fast Track Means For Affordable Housing

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    New York City's Green Fast Track for Housing initiative, which went into effect last month, aims to speed up the environmental review process for modest residential developments and could potentially pave the way for similar initiatives in other cities, say Vivien Krieger and Rachel Scall at Cozen O'Connor.

  • The Often Overlooked NY Foreclosure Notice Requirements

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    As multifamily real estate defaults mount, New York foreclosing parties should be aware of pitfalls and perils that can await the litigant who is not prepared to ensure adherence with tenant notice requirements under the Real Property Actions and Proceedings Law, say Christopher Gorman and John Muldoon at Rosenberg & Estis.

  • Opinion

    Industry Self-Regulation Will Shine Post-Chevron

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    The U.S. Supreme Court's Loper decision will shape the contours of industry self-regulation in the years to come, providing opportunities for this often-misunderstood practice, says Eric Reicin at BBB National Programs.

  • Justices' Bribery Ruling: A Corrupt Act Isn't Necessarily Illegal

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    In its Snyder v. U.S. decision last week, the U.S. Supreme Court held that a bribery law does not criminalize gratuities, continuing a trend of narrowing federal anti-corruption laws and scrutinizing public corruption prosecutions that go beyond obvious quid pro quo schemes, say Carrie Cohen and Christine Wong at MoFo.

  • 3 Ways Agencies Will Keep Making Law After Chevron

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    The U.S. Supreme Court clearly thinks it has done something big in overturning the Chevron precedent that had given deference to agencies' statutory interpretations, but regulated parties have to consider how agencies retain significant power to shape the law and its meaning, say attorneys at K&L Gates.

  • After Chevron

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    Since the U.S. Supreme Court overturned the Chevron deference standard in June, this Expert Analysis series has featured attorneys discussing the potential impact across 37 different rulemaking and litigation areas.

  • Opinion

    Atty Well-Being Efforts Ignore Root Causes Of The Problem

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    The legal industry is engaged in a critical conversation about lawyers' mental health, but current attorney well-being programs primarily focus on helping lawyers cope with the stress of excessive workloads, instead of examining whether this work culture is even fundamentally compatible with lawyer well-being, says Jonathan Baum at Avenir Guild.

  • Antitrust In Retail: The Meaning Of 'Accessible Luxury'

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    In order for the Federal Trade Commission to block a deal that would put six "accessible luxury" brands, including Coach and Michael Kors, under one roof, the agency will need to prove that this category is distinct from the true luxury or mass-market categories, says David Kully at Holland & Knight.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q2

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    The second quarter of 2024 saw less enforcement activity in the realm of New York financial services, but brought substantial regulatory and legislative developments, including state regulators' guidance on cybersecurity compliance and customer service processes for virtual currency entities, say James Vivenzio and Andrew Lucas at Perkins Coie.

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