New York

  • January 31, 2025

    DLA Piper Adds Digital Finance Regulatory Partner In NY

    DLA Piper has hired a financial regulatory and technology partner who has a range of experience helping found and lead digital platforms and technology businesses to its New York team, the firm announced Thursday.

  • January 31, 2025

    4 Firms Guide Pair Of Biotech IPOs Raising $415M Combined

    Shares of obesity-focused drug developer Metsera and kidney disease-focused Maze Therapeutics began trading Friday after the companies raised $415 million combined through initial public offerings, guided by four law firms, fueling an uptick of biotechnology-related IPOs.

  • January 30, 2025

    Merck Can't Ditch Worker's Race Bias Suit Ahead Of Trial

    A New York federal judge on Wednesday refused to enter judgment for Merck & Co. in a Black former information technology director's suit alleging the company discriminated against him by firing him after he had a contractor removed from his project, teeing up the case for trial.

  • January 30, 2025

    Wise Reaches $2.5M CFPB Deal Over Disclosure, Fee Issues

    In its first new enforcement action since President Donald Trump's return to office, the Consumer Financial Protection Bureau on Thursday ordered Wise, a global money transfer fintech, to pay nearly $2.5 million on allegations it committed misleading fee marketing and disclosure-related violations.

  • January 30, 2025

    Jay-Z Blasts Buzbee For 'Reputation-Destroying Allegations'

    Rapper Jay-Z has doubled down on his bid for sanctions against Texas attorney Tony Buzbee for filing a lawsuit accusing him of raping a 13-year-old with Sean "Diddy" Combs more than 20 years ago, saying the attorney has "weaponized" baseless accusations via social media and TV interviews.

  • January 30, 2025

    Calif. AG Asks 9th Circ. To Block Meta's MDL Discovery Win

    The California attorney general urged the Ninth Circuit on Wednesday to block orders requiring third-party state agencies to respond to Meta Platforms' discovery demands in multidistrict litigation over social media's alleged harms, arguing in a mandamus petition the "clearly erroneous" ruling "runs roughshod" over the state's constitutional divisions of power.

  • January 30, 2025

    2nd Circ. Voices Unease Over Ex-Iconix CEO's Fraud Retrial

    The Second Circuit on Thursday expressed doubt regarding the conviction of Iconix Brand Group founder Neil Cole, who was found guilty of fraudulently booking $11 million of revenue to hit earnings targets, and appeared open to the argument that his retrial violated the double jeopardy clause of the Fifth Amendment.

  • January 30, 2025

    2nd Circ. Sees No Skadden Conflict In Pharma Merger Work

    The Second Circuit on Thursday declined to revive an investor suit alleging a merger between Sumitomo Pharma America Inc. and Myovant Sciences Ltd. was undervalued because the lawyers from Skadden Arps Slate Meagher & Flom LLP who helped negotiate the deal had undisclosed conflicts of interest.

  • January 30, 2025

    Plaintiffs, Pfizer Spar Over Where To Join Depo-Provera Suits

    Consumers who claim Pfizer Inc. failed to adequately warn patients and doctors about the risk of brain tumors associated with the hormonal contraceptive drug Depo-Provera urged the U.S. Judicial Panel on Multidistrict Litigation on Thursday to consolidate their cases but sparred over whether to move them to California or New York.

  • January 30, 2025

    Card Co. Netspend Inks $1.1M NY AG Deal Over Fees, Freezes

    The New York Attorney General's Office said Thursday that Netspend, a fintech debit and prepaid card provider, will pay nearly $1.1 million to settle claims that it charged New Yorkers illegal fees and allowed debt collectors to seize protected funds.

  • January 30, 2025

    Pump.Fun Faces Suit Over Unregistered Memecoin Sales

    Memecoin launchpad Pump.Fun and its executives should have registered the tokens spawned on its platform with the U.S. Securities and Exchange Commission, according to a proposed securities class action brought by a purchaser in New York federal court.

  • January 30, 2025

    Loeb & Loeb Leads $150M Greek Shipping Execs' SPAC IPO

    Blank-check company Stellar V Capital Corp., which was formed by Greek shipping executives, launched its projected $150 million initial public offering Thursday, with Loeb & Loeb LLP representing Stellar and Ellenoff Grossman & Schole LLP advising the underwriters.

  • January 30, 2025

    Biz Groups Back 2nd Circ. Appeal In Morgan Stanley Pay Fight

    Business trade groups including the U.S. Chamber of Commerce wrote in support of Morgan Stanley's Second Circuit appeal in a proposed class action from ex-advisers seeking additional deferred compensation, backing the investment bank's argument that an arbitrator should get to determine if federal benefits law applies to the arrangements.

  • January 30, 2025

    Consumers Want L'Oréal Acne Products Suits In Hawaii

    Plaintiffs suing L'Oréal for selling acne products that could break down into the carcinogen benzene took a second stab at consolidating their lawsuits, asking the U.S. Judicial Panel on Multidistrict Litigation on Thursday to join the suits in Hawaii.

  • January 30, 2025

    Combs Victimized 3 Women, Feds Charge In Expanded Case

    Sean "Diddy" Combs forced at least three women to engage in commercial sex acts, federal prosecutors in Manhattan said Thursday in a superseding indictment accusing the jailed hip-hop icon of using his business empire to sexually abuse and exploit women for 20 years.

  • January 30, 2025

    DOJ Calls UnitedHealth Dismissal Bid A Discovery 'End Run'

    The U.S. Department of Justice assailed UnitedHealth Group on Wednesday for "masquerading" a "premature" discovery bid as a motion to dismiss the government's Maryland federal court lawsuit challenging the $3.3 billion purchase of home health and hospice giant Amedisys Inc.

  • January 30, 2025

    Ex-FDNY Official Cops To Fire Inspection Bribe Scheme

    A former chief of the New York City Fire Department's Bureau of Fire Prevention pled guilty in a case alleging he took bribes from a former firefighter in exchange for expediting fire inspections and plan reviews.

  • January 30, 2025

    Amex GBT Calls Judge's Sept. DOJ Trial 'Manifest Injustice'

    American Express Global Business Travel Inc. asked a New York federal judge Wednesday to reconsider waiting until September to hear the U.S. Department of Justice challenge to its planned $570 million purchase of CWT Holdings LLC, arguing it needs an answer much sooner.

  • January 30, 2025

    MLS, US Soccer Seek Midtrial Win In $500M Antitrust Case

    Major League Soccer and the sport's American governing body are seeking an early win in the North American Soccer League's $500 million lawsuit against the two, telling the New York federal judge overseeing the ongoing trial that the lower-level league has offered no evidence of a conspiracy to sabotage it.

  • January 30, 2025

    Magistrate Judge Endorses Sanctions In Union Benefits Fight

    A New York federal magistrate judge overseeing a union benefits dispute recommended sanctioning an insulation hauling company that hasn't been responding to court paperwork, but stopped short of recommending that the district judge grant requests for default judgment against the company.

  • January 30, 2025

    2nd Circ. Backs Valentino $200K Award In Copyright Feud

    The Second Circuit on Thursday affirmed the enforcement of a Milanese arbitral award favoring Italian luxury fashion house Valentino following a copyright dispute with a New York-based designer, agreeing with a lower court that the parties' contract delegated jurisdictional questions to an arbitrator.

  • January 30, 2025

    Judge Stays NY Diocese Abuse Suits, Citing 2nd Circ. Ruling

    A New York bankruptcy judge on Thursday agreed to stay sexual abuse claims filed under the state's Child Victims Act against the Roman Catholic Diocese of Rochester, deciding that a Second Circuit ruling in 2022 makes clear that legal actions naming debtors as defendants are barred by bankruptcy's automatic stay.

  • January 30, 2025

    Orrick Adds Head Of Antitrust Litigation From Weil

    Orrick Herrington & Sutcliffe LLP has hired Eric Hochstadt from Weil Gotshal & Manges LLP as the firm's new head of antitrust litigation and a member of its management committee, the firm announced Thursday.

  • January 30, 2025

    Gov't Urges High Court To OK 2nd 'Buffalo Billion' Trial

    The federal government asked the U.S. Supreme Court to clear the way for a second trial in a public corruption case tied to former New York Gov. Andrew Cuomo's "Buffalo Billion" development initiative, saying prosecutors should be allowed to pursue charges under a different theory after the justices undid the original convictions.

  • January 30, 2025

    Dentons Partner Joins Mintz's Energy And Sustainability Team

    Mintz Levin Cohn Ferris Glovsky and Popeo PC has hired a former Dentons partner who will split time between New York and Washington, D.C., working with clients on project finance matters in the energy space, the firm recently announced.

Expert Analysis

  • Federal Embrace Of Crypto Regs Won't Lower State Hurdles

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    Even if the incoming presidential administration and next Congress focus on creating clearer federal regulatory frameworks for the cryptocurrency sector, companies bringing digital asset products and services to the market will still face significant state-level barriers, say attorneys at Mayer Brown.

  • And Now A Word From The Panel: Ballpark Lessons For MDLs

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    The baseball offseason has provided some time to ponder how multidistrict litigation life resembles the national pastime, including with respect to home-field advantage, major television markets and setting records, says Alan Rothman at Sidley.

  • Equitable Mootness Insights From Greenlit Ch. 11 Plan Appeal

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    A Texas federal court recently allowed a challenge to ConvergeOne's Chapter 11 bankruptcy plan to proceed because it wouldn't disrupt the IT company's confirmed plan or harm creditors, reinforcing the importance of judicial restraint in applying equitable mootness where limited relief is possible, say attorneys at Parkins & Rubio.

  • ERISA Ruling Is A Win For DOL Regulatory Authority

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    In Rappaport v. Guardian Life Insurance, a New York federal court recently issued a notable disability benefits ruling in finding that the U.S. Supreme Court’s Loper Bright opinion does not affect how existing U.S. Department of Labor regulations apply in Employee Retirement Income Security Act litigation, says Mark DeBofsky at DeBofsky Law.

  • Litigation Inspiration: Reframing Document Review

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    For attorneys — new ones especially — there is much fulfillment to find in document review by reflecting on how important, interesting and pleasant it can be, says Bennett Rawicki at Hilgers Graben.

  • A Legal Perspective On NYC's Retail Real Estate Evolution

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    As New York City's retail market begins to show signs of resilience after the challenges of recent years, landlords must be cognizant of legal implications from shifting trends toward shorter-term leases and pop-up stores, says Andrea Gendel at Pryor Cashman.

  • A View Into NY's New Business Interruption Insurance Law

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    In response to businesses' economic challenges during the pandemic, New York recently allowed the issuance of stand-alone business interruption insurance coverage, and while pricing and insurer participation questions remain, the product stands to benefit business owners and the state economy, say attorneys at Saxe Doernberger.

  • The Fashion Industry Should Prep Now For State PFAS Bans

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    New York and California have each passed legislation regulating PFAS in apparel and other textiles, so retailers should consult with manufacturers and suppliers and obtain the requisite certification documents as soon as possible to avoid disruptions in supply chains, say attorneys at Venable.

  • Rank-And-File DOJ Attorneys Will Keep Calm And Carry On

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    Career prosecutors at the U.S. Department of Justice often pride themselves on their ability to remain apolitical in order to ensure consistency and keep the department’s mission afloat, and the incoming Trump administration is unlikely to upend this tradition, says Michael Landman at Bird Marella.

  • Service Providers Must Mitigate 'Secondary Target' Risks

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    A lawsuit recently filed in an Illinois federal court against marketing agency Publicis over its work for opioid manufacturers highlights an uptick in litigation against professional service providers hired by clients that engaged in alleged misconduct — so potential targets of such suits should be sure to conduct proper risk analysis and mitigation, say attorneys at Dechert.

  • 2nd Circ. AmTrust Decision Shows Audit Reports Still Matter

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    Though the Second Circuit eventually found on reconsidering a case over the high-profile accounting meltdown at AmTrust that audit reports are material to investors, its previous contrary holding highlights the seriousness of the ongoing crisis of confidence in the audit report, say attorneys at Bernstein Litowitz.

  • Series

    Flying Makes Me A Better Lawyer

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    Achieving my childhood dream of flying airplanes made me a better lawyer — and a better person — because it taught me I can conquer difficult goals when I leave my comfort zone, focus on the demands of the moment and commit to honing my skills, says Ivy Cadle at Baker Donelson.

  • 9th Circ.'s High Bar May Limit Keyword Confusion TM Claims

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    A recent Ninth Circuit ruling that a law firm did not infringe upon a competitor’s trademarks by paying Google to promote its website when users searched for the rival’s name signals that plaintiffs likely can no longer win infringement suits by claiming competitive keyword advertising confuses internet-savvy consumers, say attorneys at Mitchell Silberberg.

  • Post-Election Implications For The EPA's Methane Rules

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    Amid the U.S. Supreme Court's recent denial of requests to halt implementation of the U.S. Environmental Protection Agency's methane rule in two suits, and given the outcome of the election, a complete reversal of the methane rule is expected, but state-level policymaking and enforcement will continue, says John Watson at Spencer Fane.

  • Mitigating Defamation Liability Risks Of AI-Generated Content

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    Until Congress and the courts provide clear guidance about defamation liability stemming from generative artificial intelligence tools, companies should begin building controls to prevent the creation of defamatory content, says Michael Gerrity at Accenture.

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