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New York Pulse
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Silver Point Knocks SEC Suit Over Attorney Info Access Rules
Investment adviser Silver Point Capital LP said it did not need to write special rules banning a now-deceased former BigLaw bankruptcy attorney from sharing information between its business units, accusing the U.S. Securities and Exchange Commission of filing a "farfetched theory of noncompliance" in a Connecticut enforcement action.
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McDermott Commercial Real Estate Attorneys Join Cleary
Cleary Gottlieb Steen & Hamilton LLP announced Wednesday that the former co-head of McDermott Will & Emery's U.S. real estate practice group and two team members have joined Cleary's real estate group.
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Lessons From A Landmark Year For Women Law Firm Leaders
In 2021, the legal industry saw a major wave of first-time women leaders. Law360 Pulse revisits that class and what experts say about the number of women in leadership positions across the legal profession.
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Landlords, Judiciary Brace For Federal Leasing Slimdown
As the General Services Administration pores over the federal real estate portfolio, lenders, landlords and institutional investors are scrambling to understand their exposure to federal leases, while the potential canceling of judiciary office leases is setting up a showdown between branches of government.
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Adams, DOJ Quizzed On Dismissal Bid By Wary Judge
A Manhattan federal judge on Wednesday scrutinized the U.S. Department of Justice's motion to dismiss corruption charges against New York City Mayor Eric Adams, rankling attorneys on both sides as he declined to "shoot from the hip" and immediately rule.
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Newmark CLO To Lead Boards As Lutnick Takes Cabinet Post
Newmark Group Inc., a commercial real estate adviser, and BGC Group Inc., a brokerage and financial technology company, said Wednesday they had named Chief Legal Officer Stephen Merkel to replace his longtime friend and boss, Howard Lutnick, as chair of both companies' board of directors following Lutnick's confirmation as Secretary of Commerce.
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Jay-Z's Roc Nation Aims To Exit Buzbee Conspiracy Suits
Shawn "Jay-Z" Carter's company Roc Nation has asked a Texas federal court to let it escape two lawsuits against it and Quinn Emanuel Urquhart & Sullivan LLP alleging that they recruited former clients to bring malpractice claims against the Buzbee Law Firm in retaliation for accusing the rap star of rape.
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Seyfarth Fills 2 New Innovation-Focused C-Suite Roles
Seyfarth Shaw LLP has promoted two senior directors at the firm to the newly created positions of chief data and artificial intelligence officer and chief innovation and strategic design officer, the firm said Wednesday.
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Knobbe Martens To Give Special Spring Bonuses Up To $25K
Knobbe Martens will be paying special spring bonuses to all associates and counsel based on the year of partnership consideration, the intellectual property and technology law firm said Wednesday.
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Nadine Menendez Loses Bid To Have Expert Testify On Gifts
A Manhattan federal judge on Wednesday rejected a request by Nadine Menendez to have a witness testify that receiving gold bars as gifts is normal in her culture, dealing the wife of former U.S. Sen. Bob Menendez a setback ahead of her corruption trial.
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Mintz Lands Kasowitz Employment Litigation Head In NY
The longtime chair of Kasowitz Benson & Torres LLP's employment litigation group said Wednesday that he had left that firm to take on the same role at Mintz Levin Cohn Ferris Glovsky and Popeo PC in New York.
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Cleary Hires Ex-Wachtell Atty For Exec Compensation Group
Cleary Gottlieb Steen & Hamilton LLP announced Tuesday that it hired a new partner for its executive compensation and employee benefits group out of New York.
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Reed Smith Removed In $102M Shipping Group Award Fight
A New York federal judge granted a request by the purported new owners of Eletson Holdings Inc. and removed Reed Smith LLP as counsel in a $102 million breach of contract suit the firm brought on behalf of the international shipping group in 2023.
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State Judges See Uneven Gains In Post-Lockdown Pay Hikes
State judges received an average 5% raise last year — a "significant" improvement over the 1% to 2% raises on offer during the height of the COVID-19 pandemic — but those pay increases were spread unequally across the country, with some state judges earning much higher salaries while the pay for others stagnated, according to a recent survey.
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Weakened CFPB Prompts Ballard Spahr To Form State Team
Ballard Spahr LLP announced Tuesday that it has formed a new state attorneys general consumer finance response team in response to the Trump administration's efforts to effectively shut down the Consumer Financial Protection Bureau.
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SiriusXM Appoints Ex-Airbnb Legal Chief As Next GC
Sirius XM Holdings Inc. said Tuesday it was appointing the former legal chief of Airbnb Inc. as executive vice president, general counsel and secretary effective March 3.
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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.
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Ex-Goldman Atty Squires Expected To Be Named USPTO Head
John A. Squires — Goldman Sachs' longtime chief intellectual property counsel, co-founder of Fortress' IP Investment fund and current Dilworth Paxson LLP partner — is expected to be chosen as the Trump administration's nominee for U.S. Patent and Trademark Office director, about a half-dozen sources with knowledge of the agency said Tuesday.
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Kossoff Ch. 7 Trustee Can Pursue Clawbacks After Court Win
The Chapter 7 trustee overseeing the estate of bankrupt law firm Kossoff PLLC has won permission to continue litigating clawback actions against some 50 parties, including Citibank and Bloomingdale's, after a New York federal judge sided with him in a dispute over the firm's decade-old tax obligations.
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Simpson Thacher Adds Willkie Farr Registered Funds Team
Simpson Thacher & Bartlett LLP announced on Tuesday the hiring of a four-partner registered funds team formerly with Willkie Farr & Gallagher LLP.
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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.
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Amid Lateral Tussle, BigLaw Firms Eye 'Boomerang Partners'
As many law firms continue to tap lateral partner hires to achieve their strategic goals, a handful of firms are focusing on attracting departed partners to return, a once rare phenomenon some say appears to be picking up steam.
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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.
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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.
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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.