New York

  • February 18, 2025

    Stablecoin Firm Gets Securities Claim Cut From Class Action

    A New York federal judge has trimmed the securities claim from a putative class action brought by buyers of GMO-Z.com Trust's GYEN stablecoin who argued they suffered losses when the value of the digital asset temporarily fluctuated, but allowed the bulk of the consumer protection claims to move forward.

  • February 18, 2025

    Feds Strike $29M Deal To Settle FCA Overpayment Claims

    Healthcare system SVCMC Inc. will pay $29 million to resolve allegations it held onto erroneous overpayments for medical services provided to retired military members and their families, the U.S. Department of Justice has said.

  • February 18, 2025

    NY Broadens Tax Break Guidelines For Development Projects

    New York state broadened guidelines for determining whether some economic development projects may be eligible for property and sales tax exemptions based on the level of a project's on-site child care services under clarifying legislation signed by Democratic Gov. Kathy Hochul.

  • February 18, 2025

    NY High Court Upholds Ethics Commission In Cuomo Case

    New York's highest court on Tuesday affirmed the constitutionality of the state's recently revamped ethics commission in an order reversing a lower court ruling that sided with embattled former Gov. Andrew Cuomo amid an investigation related to his use of government employees to help him publish and promote a book.

  • February 18, 2025

    Muni Bond Firm Stoever Glass Files For Ch. 7 In NY

    The 61-year-old Wall Street municipal bond investment firm Stoever Glass & Co. Inc. has filed for Chapter 7, reporting liabilities of up to $10 million and assets of less than $1 million.

  • February 18, 2025

    Int'l Arbitration Attorney Returns To Quinn Emanuel As Partner

    Quinn Emanuel Urquhart & Sullivan LLP announced Tuesday that an ace international arbitration attorney and former associate has rejoined the firm as a partner in New York.

  • February 18, 2025

    Ohio Museum, NYC DA Strike Deal To Send Art Back To Turkey

    The Cleveland Museum of Art has agreed to return to Turkey a headless bronze statue worth millions and drop its suit against Manhattan District Attorney Alvin Bragg in New York, who seized the statue back in 2023, claiming it was a looted antiquity.

  • February 18, 2025

    Adams, Feds Ordered To Explain Dismissal Bid At Hearing

    A Manhattan federal judge demanded details Tuesday and scheduled a hearing after the Justice Department asked to dismiss criminal charges against New York City Mayor Eric Adams, signaling that the court would not rubber-stamp the request following allegations of a corrupt bargain and mass resignations of prosecutors in protest.

  • February 15, 2025

    Real Estate Recap: Practice Pivot, Tariff Tax, Lennar's Lawyers

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including the latest shifts in real estate law practice, a Big Law leader's predictions for a looming tariff "tax" debate, and a look at the legal talent behind homebuilder Lennar Corp.'s $5.8 billion spinoff.

  • February 14, 2025

    Judge Slams The Brakes On Peloton Bike Recall Claims

    A New York federal judge threw out, for now, a proposed investor action alleging Peloton overstated the safety of its bikes before 2.2 million products were recalled over a bike seat defect, ruling that the shareholders haven't adequately alleged the exercise company made any misleading statements.

  • February 14, 2025

    Guo Ch. 11 Trustee Wins 3rd Clawback Extension, Seeks $38M

    A Connecticut bankruptcy judge for a third time on Friday extended deadlines for a Chapter 11 trustee to file adversary proceedings against individuals and entities that received money from Chinese exile Miles Guo or his alter ego shell companies, noting that this order would be the final blanket extension.

  • February 14, 2025

    Morgan & Morgan Atty Accused Of Setting Up Rape Charges

    Three men, including a real estate executive and a broker, facing sexual assault charges are asking a Florida court to force prosecutors to hand over reports by the victim's attorney at Morgan & Morgan PA, who the defendants say became part of the prosecution team and helped bring the charges.

  • February 14, 2025

    Ex-Greenberg Traurig Atty Gets 30 Months For Tax Fraud

    A former partner in the Amsterdam office of Greenberg Traurig has been sentenced to 30 months in prison after pleading guilty in New York federal court to helping file a false tax return as part of an alleged ploy to help a famous DJ hide global income from the Internal Revenue Service. 

  • February 14, 2025

    SEC Fines Adviser Firm, Ex-Rep Over Fiduciary Duty Claims

    The U.S. Securities and Exchange Commission entered into a $225,000 settlement with New York-based registered investment adviser One Oak Capital Management LLC and a former representative to resolve alleged misconduct related to advisory services provided to their retail clients.

  • February 14, 2025

    ​​​​​​​SEC Says Crypto Task Force Could Resolve Coinbase Case

    The U.S. Securities and Exchange Commission told the Second Circuit that its newly formed cryptocurrency task force effort may lead to a resolution in its enforcement case against Coinbase, warranting a brief delay to the regulator responding to the crypto exchange's bid for appellate review of whether securities laws apply to the transactions on its platform.

  • February 14, 2025

    Fla. Criminal Defense Atty Accused Of Bribing DEA Agent

    New York federal prosecutors have charged a Florida criminal defense attorney with a scheme to bribe a U.S. Drug Enforcement Administration agent in exchange for nonpublic law enforcement information, which the lawyer used to recruit and represent clients, in an indictment unsealed on Friday.

  • February 14, 2025

    Diddy, Jay-Z Rape Lawsuit Dropped Amid Legal Ethics Battle

    An anonymous woman dropped her New York federal court lawsuit accusing Sean "Diddy" Combs and Shawn "Jay-Z" Carter of raping a teenager together, claims that launched a bitter ethics feud between personal injury attorney Tony Buzbee and Jay-Z's lawyers at Quinn Emanuel Urquhart & Sullivan LLP.

  • February 14, 2025

    Trump Fires Opening Salvos In Rematch With Sanctuary Cities

    Facing dozens of lawsuits looking to check the power of his administration, President Donald Trump has fired back recently with suits targeting so-called sanctuary cities, setting up a legal battle over the federal government's ability to induce state and local cooperation on immigration enforcement.

  • February 14, 2025

    'New Facts' Improper In Penny Stock Action, 2nd Circ. Told

    A Connecticut federal judge violated controlling case law and the constitutional rights of a penny stock CEO when imposing a judgment in a U.S. Securities & Exchange Commission enforcement action, defense counsel told the Second Circuit, arguing that the SEC admitted post-trial that it could not find any victims of the allegedly false public statements at issue.

  • February 14, 2025

    Fat Joe Gets Revised Lawsuit Over Hit Song Credit Trimmed

    Rapper Fat Joe managed to get the New York state law claims brought against him in a copyright suit over his 2016 hit single "All The Way Up" dismissed Friday but must continue facing the federal claims brought by fellow artist and purported song co-author Fly Havana.

  • February 14, 2025

    Ben & Jerry's Says Owner Unilever Banned Anti-Trump Posts

    Ben & Jerry's told a New York federal judge overseeing its litigation accusing parent company Unilever of breaching an agreement allowing the ice cream company to take political stances that Unilever has now banned it "from issuing any posts criticizing President Trump" pending further review.

  • February 14, 2025

    Illinois Vs. The Internet: IP Suits Over Online Sales Stir Debate

    Brands have unleashed a torrent of lawsuits across the U.S. that group dozens of online sellers into a single complaint for allegedly peddling counterfeit products, with Chicago emerging as the preferred venue for the litigation and inspiring a local federal judge to declare it has become "Illinois vs. The Internet."

  • February 14, 2025

    Adams Case Careens Toward 'Messy' Hearing, Experts Say

    The Manhattan federal judge overseeing the corruption case against New York City Mayor Eric Adams is unlikely to rubber stamp a request from the U.S. Department of Justice to toss the case and may instead hold a hearing on the matter, which could get "messy" and "embarrassing," experts say.

  • February 14, 2025

    Adams Case Fiasco 'Unparalleled' In Modern US History

    The mass resignation of federal prosecutors refusing to obey a Trump administration directive to drop corruption charges against New York City Mayor Eric Adams is "unprecedented," "crazy" and "very troubling," according to law professors and former prosecutors.

  • February 14, 2025

    Defunct Media Co. Agrees To Resolve WARN Act Class Action

    Former digital media startup The Messenger has struck a deal to end a class action alleging it failed to give hundreds of workers enough notice about its impending layoffs and shutdown, the company told a New York federal court.

Expert Analysis

  • Opinion

    This Election, We Need To Talk About Court Process

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    In recent decades, the U.S. Supreme Court has markedly transformed judicial processes — from summary judgment standards to notice pleadings — which has, in turn, affected individuals’ substantive rights, and we need to consider how the upcoming presidential election may continue this pattern, says Reuben Guttman at Guttman Buschner.

  • The Complex Challenges Facing Sustainable Food Packaging

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    More and more states are requiring recycled content to be used in product packaging, creating complex technological and regulatory considerations for manufacturers who must also comply with federal food safety requirements, say Peter Coneski and Natalie Rainer at K&L Gates.

  • Consider Best Legal Practices For Commissioning Public Art

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    Commissioning public art for real estate projects can provide many benefits to real estate developers and the public, but it's important to understand the unique legal and contracting aspects of the process to ensure that projects are completed on time and on budget, says Sarah Conley Odenkirk at ArtConverge.

  • Series

    Playing Diplomacy Makes Us Better Lawyers

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    Similar to the practice of law, the rules of Diplomacy — a strategic board game set in pre-World War I Europe — are neither concise nor without ambiguity, and weekly gameplay with our colleagues has revealed the game's practical applications to our work as attorneys, say Jason Osborn and Ben Bevilacqua at Winston & Strawn.

  • Applying High Court's Domestic Corruption Rulings To FCPA

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    After the U.S. Supreme Court narrowed the domestic corruption statutes in three decisions over the past year and a half, it’s worth evaluating whether these rulings may have an impact on Foreign Corrupt Practices Act enforcement, and if attorneys can use the court’s reasoning in international bribery cases, says James Koukios at MoFo.

  • Mental Health First Aid: A Brief Primer For Attorneys

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    Amid a growing body of research finding that attorneys face higher rates of mental illness than the general population, firms should consider setting up mental health first aid training programs to help lawyers assess mental health challenges in their colleagues and intervene with compassion, say psychologists Shawn Healy and Tracey Meyers.

  • What 2 Key Rulings Mean For Solicitation Under TCPA

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    Two recent rulings from federal district courts in New York and California — each of which came to a different conclusion — bring to light courts' continued focus on and analysis of when an alleged communication constitutes a solicitation under the Telephone Consumer Protection Act, say Felix Shipkevich and Jessica Livingston at Shipkevich.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

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    In a relatively light few months for banking legal updates in New York, the state Department of Financial Services previewed its views on banking sector artificial intelligence use via insurer guidance, and an anti-money laundering enforcement action underscored the importance of international monitoring processes, say Eric McLaughlin and Dana Bayersdorfer at Davis Polk.

  • Series

    Collecting Art Makes Me A Better Lawyer

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    The therapeutic aspects of appreciating and collecting art improve my legal practice by enhancing my observation skills, empathy, creativity and cultural awareness, says attorney Michael McCready.

  • A Look At Recent Case Law On Expedited Judgment In NY

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    A number of recent New York state court decisions clarify and refine the contours surrounding Civil Practice Law and Rule 3213, providing landlords, lenders and other payees guidance on how to seek accelerated judgment in certain litigation, says Alexander Lycoyannis at Holland & Knight.

  • Unpacking Nazi-Era Art Restitution Cases Under HEAR Act

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    Since the enactment of the Holocaust Expropriated Art Recovery Act in 2016, courts, commentators and litigants have struggled to delineate the extent to which time-based arguments remain relevant to resolving Nazi-era restitution claims, but a decision in Bennigson v. The Solomon R. Guggenheim Foundation provides valuable clarity on this issue, say attorneys at Patterson Belknap.

  • Opinion

    Supreme Court Must Halt For-Profit Climate Tort Proliferation

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    If the U.S. Supreme Court does not seize the opportunity presented by Honolulu v. Sunoco to reassert federal authority over interstate pollution regulation, the resulting frenzy of profit-driven environmental mass torts against energy companies will stunt American competitiveness and muddle climate policy, says Gale Norton at Liberty Energy.

  • How Cos. Can Protect Supply Chains During The Port Strike

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    With dock workers at ports along the East and Gulf Coasts launching a strike that will likely cause severe supply chain disruptions, there are several steps exporters and importers can take to protect their businesses and mitigate increased costs, say attorneys at Thompson Hine.

  • Litigation Inspiration: Honoring Your Learned Profession

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    About 30,000 people who took the bar exam in July will learn they passed this fall, marking a fitting time for all attorneys to remember that they are members in a specialty club of learned professionals — and the more they can keep this in mind, the more benefits they will see, says Bennett Rawicki at Hilgers Graben.

  • Opinion

    AI May Limit Key Learning Opportunities For Young Attorneys

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    The thing that’s so powerful about artificial intelligence is also what’s most scary about it — its ability to detect patterns may curtail young attorneys’ chance to practice the lower-level work of managing cases, preventing them from ever honing the pattern recognition skills that undergird creative lawyering, says Sarah Murray at Trialcraft.

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