A California federal judge appeared open Friday to blocking the Trump administration from repurposing defense funds to build a wall along the southern border, saying he doesn't know if it is right to let the government build the wall before legal challenges to it are resolved.
Litigation boutique Pierce Bainbridge has concluded its partnership with litigation funder Pravati Capital, whose investment helped fuel the young firm's rapid national expansion over the past two years, the parties confirmed Friday.
A former Platinum Partners executive on Friday told a New York federal jury that the firm’s co-founder and others misled potential investors about the financial health of Platinum’s main fund while the hedge fund manager was struggling to pay back tens of millions of dollars to its limited partners.
A New York debt collection law firm used high-volume litigation tactics such as automation to collect over 99,000 debts without proper attorney oversight, according to a complaint filed in New York federal court by the Consumer Financial Protection Bureau on Friday.
Homebuilder Lennar is reportedly under contract to buy an 89-acre site in Florida, developer Xinyuan is said to have landed $30 million in financing for a Queens mixed-use project, and IMC Equity has reportedly purchased a Miami development site for $13.5 million.
A Chinese mobile app developer asked a New York federal court on Thursday to excuse it from a proposed class action accusing the company of lying to investors about faking its download numbers to fraudulently increase advertising revenue, arguing that the shareholders' claims are too vague.
A Manhattan federal judge on Friday approved a $182.5 million settlement between JPMorgan Chase & Co., Citigroup and investors who accuse the two megabanks of rigging a key euro rate, signing off also on a roughly $36 million haul for plaintiffs' firms that brought the antitrust class action.
GNC said an unauthorized, Brooklyn, New York-based Amazon store is damaging the company's reputation by selling knockoffs of its products or second-hand goods without GNC's customer service or quality controls, according to a lawsuit filed Friday in Pennsylvania federal court.
Eight firms will lead five initial public offerings that could raise more than $1.1 billion in combined proceeds during the week of May 20, led by a Diamondback Energy subsidiary's IPO and joined by smaller offerings among blank check and biotechnology companies.
A New York federal jury has found in favor of pizza restaurateur Mario Sbarro and his son in a suit brought by tipped workers for a now-closed steakhouse who claimed the Sbarros failed to pay them minimum and overtime wages as the business struggled to survive.
Drinker Biddle & Reath LLP has added the former co-chair of Kelley Drye & Warren LLP’s class action practice to its class action team.
A set of reinsurance and asset management companies that has been accused of operating as an alter ego of now-defunct Platinum Partners is fighting to escape racketeering claims from the hedge fund's insurers.
Wollmuth Maher & Deutsch LLP has bolstered its bankruptcy, restructuring and insolvency group with a former Skadden and McGlinchey Stafford attorney who specializes in the energy industry.
A deal-focused attorney who steers public companies and private equity sponsors has joined Polsinelli as a shareholder in New York from Westerman Ball Ederer Miller Zucker & Sharfstein LLP.
Dorsey & Whitney LLP has given its product liability practice a boost, bringing on a veteran litigator from Goodell DeVries as a partner in its New York office.
A New York state judge on Thursday sentenced a man to six years in prison for his admitted role in a kidnapping and robbery that drained $1.8 million worth of Ether cryptocurrency from a victim's digital wallet.
An order enjoining cryptocurrency company Tether Ltd. and trading platform Bitfinex now has a 90-day time limit after being tightened by a New York judge, while core provisions safeguarding document requests and freezing a line of credit between the two companies were left intact.
The Cayuga Nation and the New York village of Union Springs told a federal judge Wednesday they don't want a bench trial in the tribe's suit challenging the village's anti-gambling ordinance, saying pleadings should be finished so the court can rule on the legal issues at the case’s core.
Federal prosecutors on Wednesday urged the U.S. Supreme Court to reject a bid from a former appointee of ex-New Jersey Gov. Chris Christie to review her "Bridgegate" conviction for orchestrating a politically motivated traffic jam on the George Washington Bridge, saying it's backed by sufficient evidence.
A Manhattan federal judge pushed prosecutors Thursday to disavow any "excessive coordination" with the U.S. Securities and Exchange Commission in the run-up to their decision to criminally charge hedge fund co-founder Jason Rhodes with a $19 million fraud.
The IRS, which enforces anti-trafficking tax laws against state-regulated cannabis businesses, should be fair and apply the same policy against pharmaceutical companies that illegally market their opioids, says Kat Allen at Wykowski Law.
Courts and regulators have reached different conclusions on whether merchant cash advances and unpaid invoice purchases constitute loans subject to state lender licensing and usury regulations. Attorneys at Buckley discuss how to minimize the chances of these transactions being recharacterized as loans.
The 2020 census will impact every state, city and county in the United States, because population is a major factor in how the federal government distributes funds. Despite apprehensions about an undercount, there are reasons for optimism about the accuracy of the census, says Lou Cannon of State Net Capitol Journal.
In this monthly series, legal recruiting experts from Major Lindsey & Africa interview legal industry leaders about the increasingly competitive business environment. Here, Rod Osborne talks with Gary Tully, head of legal operations at Gilead Sciences.
My mother's connection to her Native American heritage had a major influence on my career — my decision to enter the legal profession was driven by the desire to return to my tribal community and help it in any way I could, says Jason Hauter of Akin Gump.
An ongoing multidistrict litigation alleges manipulation of the formula used to determine the settlement price for derivatives based on the Chicago Board Options Exchange’s volatility index. But a review of trading data reveals how reasons other than manipulation can explain trading activity on any given day, say consultants with Analysis Group.
Lawsuits involving property damage due to fire often require the retention of an expert to investigate the fire, but testimony can be excluded if the expert lacks the required licenses. Attorneys at Tucker Ellis break down the different licensing requirements for fire scene inspection in all 50 states.
Retired U.S. Supreme Court Justice John Paul Stevens' new book, "The Making of a Justice," is required reading for anyone interested in 20th and 21st century America, says Seventh Circuit Chief Judge Diane Wood.
Instead of rushing to compete in sports betting with other states, New York state legislators should consider problems that have occurred in states that have legalized it, says Ronald Katz of GCA Law Partners.
The Second Circuit's recent opinion in Singh v. Cigna will not put an end to "event-driven" securities cases, which revolve around negative operational incidents. But it will likely increase the dismissal rate of such claims, and may deter weaker filings, say Adam Hakki and Agnès Dunogué of Shearman & Sterling.