New York

  • October 15, 2024

    Investment Firm Says CNA Must Defend Competition Suits

    An investment adviser firm said a CNA unit must cover underlying suits accusing it of stealing a competitor firm's employees and soliciting its investors, telling a Connecticut federal court that the allegations constitute disparagement and advertising injury sufficient to trigger the insurer's duty to defend.

  • October 15, 2024

    Fired Attorney Says Legal Aid Has Racist Environment

    The New York City nonprofit Legal Aid Society did nothing to address complaints that white employees regularly treated Black colleagues disrespectfully, including by excluding them from professional opportunities and using offensive language, a Black former staff attorney told a federal court.

  • October 15, 2024

    2nd Circ. Says NY AG Can Sue Over Sex Assaults In Schools

    The Second Circuit on Tuesday revived a suit from the New York attorney general alleging that a school district failed to investigate or respond to reports of rape and sexual assault, saying the district court was wrong to determine that the state needed to show that the school had a policy of ignoring such reports.

  • October 15, 2024

    Morgan Stanley, BofA Sued Over Cash Sweep Programs

    Minnesota-based financial services company Safron Capital Corp. launched a pair of proposed class actions against Morgan Stanley and Bank of America in New York alleging the firms used their so-called cash sweep programs "to generate massive revenue for themselves at the expense of their customers."

  • October 15, 2024

    4 Firms Steer Ownership Shakeup At 'Dune' Movie Maker

    Legendary Entertainment has completed a buyout of Chinese company Wanda Group's remaining equity interest in the movie studio behind "Dune" and "Dune: Part Two," a deal that gives sole ownership of the company to Legendary's management and funds managed by affiliates of Apollo.

  • October 15, 2024

    Three Cos. Combine On $3.4B Texas Data Center Complex

    Blue Owl Capital, infrastructure firm Crusoe Energy Systems and investor Primary Digital Infrastructure said Tuesday they are pooling $3.4 billion to build a 1 million-square-foot data center campus in Abilene, Texas.

  • October 15, 2024

    Judge Rejects Firm's 'Support' Framing In Racetrack Flaw Suit

    A Florida state judge on Tuesday denied an attempt by a British racetrack consultant to define its role as merely providing "support" to the construction of a track that failed during the Formula 1 Miami Grand Prix race in 2022.

  • October 15, 2024

    Former Judge, NYC Corp Counsel, Joins JAMS

    A recent New York City corporation counsel who previously served as associate justice of the New York Supreme Court's appellate division is beginning the next chapter of her legal career at JAMS, the alternative dispute resolution services provider announced Monday.

  • October 15, 2024

    Atty Says Appellate Co.'s Ads Look Like Case Updates

    A California attorney has launched a proposed class action against appellate case management company Record Press in California federal court alleging that the New York-based company sends lawyers spam emails that deceptively appear to be important updates about ongoing litigation.

  • October 15, 2024

    WWE Accuser Ties Conn. Physical Therapist To Alleged Abuse

    A former legal staffer accusing World Wrestling Entertainment Inc. and former leader Vince McMahon of sex trafficking has linked a physical therapist, who she referenced in her federal complaint, with a Connecticut doctor and medical practice she is pursuing in state court for information about her treatments.

  • October 15, 2024

    2nd Circ. Says 'Robust' Video Privacy Law Covers NBA Suit

    The Second Circuit on Tuesday endorsed a broad reading of a decades-old video privacy law in the modern internet age as it revived a proposed class action against the NBA by one of its free newsletter subscribers who claimed the league's website unlawfully shared his viewing information with Facebook.

  • October 15, 2024

    Willkie-Led Insight Partners Clinches $1.5B Continuation Fund

    Willkie Farr & Gallagher LLP-advised Insight Partners, a private equity shop focused on investing in software, on Tuesday announced that it wrapped its third continuation fund after raising approximately $1.5 billion of commitments.

  • October 15, 2024

    Pair Convicted In Baccarat Cheating Scheme At Mass. Casino

    A Massachusetts jury has convicted a baccarat dealer and a player on charges that they cheated a Boston-area casino out of $15,000, according to the state attorney general's office.

  • October 15, 2024

    Law Firms Diverge As Anti-ESG Pushback Continues

    A continuing onslaught of legislation and litigation opposing corporate environmental, social and governance actions has created a fork in the road for law firms, with some choosing to scale back efforts and others pushing ahead with their internal ESG and diversity, equity and inclusion goals.

  • October 15, 2024

    The 2024 Law360 Pulse Social Impact Leaders

    Check out our Social Impact Leaders ranking, analysis and interactive graphics to see which firms stand out for their engagement with social responsibility and commitment to pro bono service.

  • October 15, 2024

    Paul Weiss Steers Apollo In $4.8B Direct Lending Fundraise

    Private equity giant Apollo Global Management Inc., advised by Paul Weiss Rifkind Wharton & Garrison LLP, announced on Tuesday that it closed its sophomore large-cap direct lending fund after securing roughly $4.8 billion of capital.

  • October 15, 2024

    'Varsity Blues' Prosecutor Joins Quinn Emanuel In Boston

    Quinn Emanuel Urquhart & Sullivan LLP has added a former Massachusetts federal prosecutor who oversaw numerous high-profile cases in recent years, including the "Varsity Blues" college admissions scandal.

  • October 11, 2024

    Real Estate Recap: Rating Climate Risk, Window Tech, Towers

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a data-driven look at how climate risk is calculated for property owners, what one proptech company is doing to improve high-rise window-washing, and a new tracker following the tallest tower projects in the United States.

  • October 11, 2024

    Natural Gas Co. Says More Info Needed In $195M Award FIght

    A Spanish natural gas company has asked a New York federal court to let it seek discovery as it looks to vacate a $195 million arbitral award issued against it following a dispute over a liquefied natural gas swap transaction, saying it needs more information about an alleged fraud.

  • October 11, 2024

    Up Next At High Court: CBD Injuries & The Clean Water Act

    The U.S. Supreme Court will be closed Monday, but the justices will return to the bench Tuesday to hear arguments over whether the federal Racketeering Influenced and Corrupt Organizations Act allows litigants to pursue claims of economic harm tied to personal injuries, and how specific pollutant discharge limits have to be under the Clean Water Act.

  • October 11, 2024

    Combs To Remain In Jail While 2nd Circ. Bail Appeal Plays Out

    Sean "Diddy" Combs will likely remain in custody on sex-trafficking charges until at least November, after a Second Circuit judge said a complete appeals court panel must decide whether the hip-hop mogul is a danger to the community.

  • October 11, 2024

    In New Lawsuit, 50 Cent Alleges Counterfeit Gems

    A Diamond District jeweler who appeared in a popular Adam Sandler movie is being sued in New York federal court for allegedly selling a counterfeit version of a custom cross pendant worn by the rapper 50 Cent.

  • October 11, 2024

    Sleep Machine Maker Sued Over Recalled Baby Devices

    A New Yorker hit a California-based sleep product manufacturer with a proposed class action alleging that one of the company's products for babies — which has been recalled — has a defective power adapter that can cause shocks.

  • October 11, 2024

    Fed. Circ. Judge Wary Of 2nd Revival Bid In Facebook IP Case

    A Federal Circuit judge on Friday hinted that the evidence a software company presented in an infringement lawsuit against Meta Platforms Inc. over data storage technology may have been too general to overcome the Facebook parent's summary judgment motion, as the court considered the firm's bid to revive its complaint a second time.

  • October 11, 2024

    College Basketball Players Drop Turner Sports From NIL Suit

    Former men's college basketball players in a proposed class action accusing the National Collegiate Athletic Association of exploiting the highlights of their March Madness performances dropped co-defendant Turner Sports Interactive from their lawsuit in New York federal court on Friday.

Expert Analysis

  • Series

    Serving In The National Guard Makes Me A Better Lawyer

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    My ongoing military experience as a judge advocate general in the National Guard has shaped me as a person and a lawyer, teaching me the importance of embracing confidence, balance and teamwork in both my Army and civilian roles, says Danielle Aymond at Baker Donelson.

  • Will Texas Stock Exchange Provide Regulatory Haven?

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    While the newly proposed Texas Stock Exchange may represent a market reaction to increasingly complex regulations, those looking to list on a national securities exchange should consider that their choice of an exchange may not relieve them of some of the most burdensome public company requirements, say Elizabeth McNichol and Ryan Lilley at Katten.

  • A Midyear Forecast: Tailwinds Expected For Atty Hourly Rates

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    Hourly rates for partners, associates and support staff continued to rise in the first half of this year, and this growth shows no signs of slowing for the rest of 2024 and into next year, driven in part by the return of mergers and acquisitions and the widespread adoption of artificial intelligence, says Chuck Chandler at Valeo Partners.

  • Opinion

    States Should Loosen Law Firm Ownership Restrictions

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    Despite growing buzz, normalized nonlawyer ownership of law firms is a distant prospect, so the legal community should focus first on liberalizing state restrictions on attorney and firm purchases of practices, which would bolster succession planning and improve access to justice, says Michael Di Gennaro at The Law Practice Exchange.

  • Keys To Strong Parking, Storage Contracts For NYC Buildings

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    Drafting and enforcing unambiguous parking and storage unit license agreements are essential tasks for co-op and condo boards in New York City, with recent cases highlighting how prudent terms can minimize potential headaches, say Matthew Eiben and Adam Lindenbaum at Rosenberg & Estis.

  • Best Text Practices In Light Of Terraform's $4.5B Fraud Deal

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    Text messages were extremely important in a recent civil trial against Terraform Labs, leading to a $4.5 billion settlement, so litigants in securities fraud cases need to have robust mobile data policies that address the content and retention of messages, and the obligations of employees to allow for collection, say Josh Sohn and Alicia Clausen at Crowell & Moring.

  • Series

    Solving Puzzles Makes Me A Better Lawyer

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    Tackling daily puzzles — like Wordle, KenKen and Connections — has bolstered my intellectual property litigation practice by helping me to exercise different mental skills, acknowledge minor but important details, and build and reinforce good habits, says Roy Wepner at Kaplan Breyer.

  • Dapper Settlement Offers Rules Of The Road For NFT Issuers

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    The terms of a $4 million settlement in a class action alleging that Dapper Labs sold its NBA Top Shot Moments as unregistered securities may be a model for third parties that wish to avoid securities liability in connection with offering digital asset non-fungible token collectibles, say attorneys at K&L Gates.

  • Texas Ethics Opinion Flags Hazards Of Unauthorized Practice

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    The Texas Professional Ethics Committee's recently issued proposed opinion finding that in-house counsel providing legal services to the company's clients constitutes the unauthorized practice of law is a valuable clarification given that a UPL violation — a misdemeanor in most states — carries high stakes, say Hilary Gerzhoy and Julienne Pasichow at HWG.

  • Why High Court Social Media Ruling Will Be Hotly Debated

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    In deciding the NetChoice cases that challenged Florida and Texas content moderation laws, what the U.S. Supreme Court justices said about social media platforms — and the First Amendment — will have implications and raise questions for nearly all online operators, say Jacob Canter and Joanna Rosen Forster at Crowell & Moring.

  • In Memoriam: The Modern Administrative State

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    On June 28, the modern administrative state, where courts deferred to agency interpretations of ambiguous statutes, died when the U.S. Supreme Court overruled its previous decision in Chevron v. Natural Resources Defense Council — but it is survived by many cases decided under the Chevron framework, say Joseph Schaeffer and Jessica Deyoe at Babst Calland.

  • 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.

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