The Second Circuit will not review its decision this year reversing a New York judge's $16 billion judgment against Argentina arising from its nationalization of YPF SA, the country's largest oil and gas exploration company, despite arguments that the ruling was "profoundly misguided."
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TOP NEWS

2nd Circ. Rejects Bid To Rehear $16B YPF Argentina Ruling

By Caroline Simson

The Second Circuit will not review its decision this year reversing a New York judge's $16 billion judgment against Argentina arising from its nationalization of YPF SA, the country's largest oil and gas exploration company, despite arguments that the ruling was "profoundly misguided."

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Rusoro Says Gold Reserve Can't Blame It For Failed Citgo Bid

By Jarek Rutz

Rusoro Mining Ltd. urged the Delaware Chancery Court on Thursday to dismiss Gold Reserve Ltd.'s lawsuit over a failed bid for Citgo Petroleum Corp.'s parent company, arguing the case is an improper attempt to interfere with a federal court auction that already ended with the approval of a competing bid.

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Boeing Arbitration Stalls As Ethiopian Insurers Seek Umpire

By Caroline Simson

A group of insurers has asked a Washington, D.C., federal court for assistance as Boeing pursues a $1 billion arbitration against them for claims relating to the 2019 crash of a 737 Max 8 jet operated by Ethiopian Airlines, killing everyone on board.

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PEOPLE

Duxton Hill Grows London Presence With Essex Court Lawyer

By Joyce Hanson

Duxton Hill Chambers, a set of independent practitioners based in Singapore, said it has added to its growing roster of London lawyers with a King's Counsel previously at Essex Court Chambers who brings broad experience in international disputes.

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EXPERT ANALYSIS

Series

Competing At Poker Makes Me A Better Lawyer

Playing poker in male-dominated rooms taught me to treat skepticism as background noise when my opponents seem to underestimate me, to apply pressure when it matters and to adapt without losing strategic discipline — skills that are all indispensable in restructuring and insolvency matters, says Alexis Gambale at Pashman Stein.

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LEGAL INDUSTRY

Quinn Emanuel, Texas Boutique Match Milbank Associate Pay

By Kevin Penton

Quinn Emanuel Urquhart & Sullivan LLP and a Texas-based litigation boutique are the latest firms to match Milbank LLP's pay hikes for associates, with annual increases of $10,000 to $20,000 that top off at $455,000.

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Blanche's AG Bid Could Face Rocky Path In Senate

By Courtney Bublé

Acting Attorney General Todd Blanche will be tapped for the permanent role, but he might not have a smooth path to confirmation.

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Goldstein Seeks Sentencing Delay, Citing New Tax Claims

By Jared Foretek

SCOTUSblog founder Thomas Goldstein renewed his push Wednesday in Maryland federal court for a delayed sentencing, saying prosecutors blindsided his defense by including additional uncharged years of alleged tax avoidance in the government's sentencing memorandum.

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Georgia Fed. Judge Facing Impeachment Threat, New DQ Bid

By Emily Johnson

A Georgia federal judge reportedly disciplined for having sexual intercourse in her chambers and attending a political event is facing renewed pressure, as a former UPS employee seeks her disqualification from his dismissed racial discrimination lawsuit and a Georgia congressman drafts articles of impeachment to remove her from the bench.

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Deepfake Mocks Judge Spearheading Judiciary Deepfake Rule

By Jeff Overley

The New York federal judge developing policies for phony audiovisual materials revealed Thursday firsthand experience with the subject: an artificial intelligence video on social media that depicts him as a maniacal Nazi who recently sentenced a private equity executive to prison "for being a Republican."

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Analysis

'Parallel' DOJ, SEC Investigations Not So Parallel Anymore

By Phillip Bantz

The level of coordination between the U.S. Department of Justice and the U.S. Securities and Exchange Commission has decreased under the Trump administration, resulting in disjointed investigatory efforts and misaligned timing in parallel investigations, experts say.

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'Kentucky Hammer' Tries To Control Attys, PI Market, Suit Says

By James Boyle

The principal attorney of personal injury firm Isaacs & Isaacs PCS, who advertises as the "Kentucky Hammer," has been accused by a former attorney at the firm of bullying his employees into signing unfavorable contracts and attempting to monopolize the local personal injury market.

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Baker Donelson Seeks 'No Recovery' Ruling In Ponzi Fallout

By Emily Sawicki

Baker Donelson Bearman Caldwell & Berkowitz PC on Thursday asked a Mississippi federal court to issue a single check-box form ruling that states the firm does not owe a monetary judgment stemming from a jury's verdict finding it committed negligent supervision amid a timber company's nine-figure Ponzi scheme, which was perpetrated in part by two of the firm's then-partners.

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Calif. Bar Accuses More Attys In Unlicensed Practice Scheme

By Lauren Berg

Three more attorneys at the Los Angeles personal injury firm facing investigation for its involvement in a record $4 billion sex abuse settlement against Los Angeles County are facing disciplinary charges by the State Bar of California, alleging the firm illegally practiced law outside the state.

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NY AG Must Preserve Cohen Docs In Trump's Civil Fraud Case

By Frank G. Runyeon

The New York state trial court judge overseeing President Donald Trump's civil fraud case granted his request to preserve notes from private meetings between state litigators and Trump's former attorney Michael Cohen after the key witness said he felt "pressured" to testify.

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SEC Disgorgement Powers Stay Intact After High Court Fight

By Jessica Corso

The U.S. Supreme Court on Thursday said that the U.S. Securities and Exchange Commission could collect ill-gotten gains from alleged fraudsters without having to identify victims who were financially harmed by the fraud, declining to place further limits on the agency's disgorgement powers six years after it last did so.

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Titan Of The Plaintiffs Bar: Robbins Geller's David Knotts

By Sydney Price

Right after graduating from Cornell University Law School, David Knotts, a native of Kansas City, Missouri, landed at one of the world's largest corporate defense firms.

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LAW FIRMS IN TODAY'S NEWS

Alex R. White PLLC

Axinn Veltrop

Baker Donelson

Brown White & Osborn

Brunini Grantham

Butler Snow LLP

Clement & Murphy

Cooley LLP

Covington & Burling

DLA Piper

Debevoise & Plimpton

Downtown LA Law Group

Essex Court Chambers

Fishman Haygood

Haynes Boone

Hueston Hennigan

Isaacs & Isaacs

Jenner & Block

Karns & Karns

Kauff Laton

Kellogg Hansen

McDermott Will & Schulte

Milbank LLP

Morian Law

Munger Tolles

Pashman Stein

Quinn Emanuel

Robbins Geller

Robert & Robert PLLC

Simpson Thacher & Bartlett

Strickland Debrow

Sullivan & Cromwell

Thompson Hine

Vartabedian Hester

Watkins & Eager

Williams & Connolly

Womble Bond

COMPANIES IN TODAY'S NEWS

American Arbitration Association

Burford Capital LLC

Burke Inc.

CITGO Petroleum Corp.

Cable News Network Inc.

Cornell University

Deutsche Bank AG

Duxton Hill Chambers

Elliott Investment Management LP

Ethiopian Airlines Enterprise

Eton Park Capital Management LP

Gold Reserve Inc

International Centre for Settlement of Investment Disputes

Ladder Capital Corp.

LinkedIn Corp.

Los Angeles Times

Nikola Corp.

Repsol SA

Rite Aid Corp.

Singapore International Arbitration Centre

State Bar of California

The Boeing Co.

The UPS Store

Twitter Inc.

Uber Technologies Inc.

YPF SA

Zurich Insurance Group AG

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Aviation Administration

Federal Judicial Center

Federal Trade Commission

Internal Revenue Service

International Court of Justice

Interpol

Los Angeles County District Attorney's Office

New York Attorney General's Office

New York County District Attorney's Office

New York Supreme Court, New York County

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the District of Maryland

U.S. District Court for the Northern District of Georgia

U.S. District Court for the Southern District of Mississippi

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Kentucky

U.S. Securities and Exchange Commission

U.S. Supreme Court

World Trade Organization