Fairway Markets has told a New York bankruptcy court that the difficulty of running a grocery chain in Chapter 11 and in the face of the COVID-19 pandemic justifies its proposal to pay $2.3 million in executive bonuses.
Supermarket chain Wegmans Food Markets Inc. was hit on Thursday with a proposed class action alleging that its brand vanilla cake mixes are misleadingly labeled and have less vanilla than the labels claim.
A Spanish natural gas company sought information Wednesday from The Depository Trust Company as it pursues litigation in England to enforce a more than $2 billion arbitral award against Egypt, stemming from a gas supply dispute.
Legg Mason Inc and its board of directors were hit Wednesday by an investor's lawsuit seeking to block a shareholder vote on the company's proposed acquisition by fellow asset management firm Franklin Resources Inc. subsidiary Alpha Sub Inc.
New York lawmakers have introduced several bills that would provide tax relief amid the novel coronavirus pandemic, including measures to allow deferring or suspending property tax payments and extending some tax abatement deadlines.
Wesco Aircraft Holdings Inc. and several former executives escaped securities fraud claims over its 2019 merger with Platinum Equity Advisors LLC after a New York federal judge found that Wesco’s alleged misstatements were not actionable.
The Second Circuit on Thursday asked New York's highest court to decide whether Philadelphia Indemnity Insurance Co. must cover a Brooklyn mental health center's costs to defeat a suit alleging it refused to serve a deaf woman.
JPMorgan Chase, Bank of America and RBS have agreed to shell out a combined $25.5 million to settle bondholders' claims that they rigged the London Interbank Offered Rate, according to a bid for initial approval of the deal filed in New York federal court Wednesday.
Two former 21st Century Fox executives on Thursday denied a host of new charges in the sprawling FIFA corruption probe that accuse them of leveraging their involvement in a scheme to bribe South American soccer officials to help the media giant secure broadcasting rights to the 2018 and 2022 World Cups.
A group of foreign investors and a domestic affiliate have accused real estate investment platform Prodigy Network LLC in New York federal court of violating their subscription agreements by engaging in shady business practices and misappropriating $3 million to pay for its CEO's personal expenses.
Chinese real estate developer Ng Lap Seng has asked a federal judge to grant him compassionate release from prison, saying his age and health conditions put him at a high risk of death if he is infected with the novel coronavirus.
Unaired footage from two episodes of "The Celebrity Apprentice" is relevant to a proposed class action claiming Donald Trump scammed investors into buying worthless stakes in marketing company American Communications Network prior to becoming president, a federal judge ruled Thursday.
Twenty states, 32 cities, 186 federal lawmakers and dozens of interest groups railed against the Trump administration’s stance in a blockbuster Affordable Care Act case Wednesday, urging the U.S. Supreme Court to strike down regulations allowing employers that oppose contraception to stop covering workers’ birth control.
A New York federal judge on Wednesday rejected a bid from President Donald Trump and three of his children to arbitrate a putative class action alleging that they conned thousands into investing in worthless business ventures using the Trump name.
The Second Circuit was split on whether to decertify a class of Goldman Sachs investors on Tuesday, but unanimous in declining to augment a key theory on which the class is asserting securities claims against the investment bank.
The acrimonious feud between actor and comedian Michael Rapaport and often off-color sports and pop culture blog Barstool Sports continued Tuesday as Barstool told a New York federal court Rapaport does not deserve a quick win in a lawsuit stemming from fallout over a dropped deal for a podcast on Barstool's Sirius XM radio station.
The U.S. Department of Housing and Urban Development told a Manhattan federal court on Wednesday it would delay implementing a new rule under fire by public defenders who say it will cut rental assistance for immigrant families with "devastating, permanent" impact.
Rite Aid Corp. agreed to pay a $4.75 million penalty to resolve claims that its employees violated federal drug law by incorrectly recording information about customers who bought cold medicines containing pseudoephedrine, which can be used to illegally manufacture methamphetamines, the U.S. Department of Justice announced Wednesday.
RedSky Capital is reportedly hoping to sell 14 buildings in a Miami opportunity zone, Knotel is said to be seeking to give up roughly 20% of the space it leases, and Starwood Capital has reportedly landed $76.16 million in financing for a Miami Beach office and retail project.
U.S. Immigration and Customs Enforcement must give two vulnerable detainees at the Buffalo Federal Detention Facility in Batavia, New York, their own cells to protect them from the coronavirus, a New York federal judge ruled Wednesday.
Sussman Sales Co. says it is owed $44 million after a business partner broke their contract when the partner was confronted about allegedly rigging bids for contracts within the New York City school system.
Owners of short-term rental units could face enforcement action if they continue to advertise properties for rent on sites run by Airbnb Inc. and Expedia Group in violation of a statewide order shutting down non-life sustaining businesses over the COVID-19 outbreak, officials in Pennsylvania warned on Tuesday.
Hillary Clinton said Tuesday that a “Russian asset” comment she made on a podcast was not clearly aimed at Rep. Tulsi Gabbard. and that even if it was, it was an opinion and can’t support Gabbard’s $50 million defamation suit, which the former presidential nominee said is an attempt to grab “political headlines.”
A year after a puppet studio accused Fall Out Boy of exploiting the image of a pair of llama puppets, with one fittingly named Royal Tea, the pop-punk band has settled the allegations.
The New York attorney general on Tuesday asked a bankruptcy court to resume discovery into the finances of the Sackler family, who owns Purdue Pharma LP, saying that her office has already unearthed important information about money transfers the family has made.
Opportunity zone project owners nervous about upcoming deadlines can expect some leniency from the U.S. Department of the Treasury in light of the current pandemic conditions; but raising capital will likely get harder, says Jessica Millett at Duval & Stachenfeld.
The Coronavirus Aid, Relief, and Economic Security Act’s extension of unemployment benefits to independent contractors could provide insight into how gig economy employment law standards might evolve, but some proposed changes may do more harm than good, says Kevin Vozzo at Epstein Becker.
The closure of businesses, schools and government agencies due to COVID-19 has made it difficult for electric power providers to recover their authorized revenue requirement, so proactive policy solutions may be needed to protect ongoing provision of electricity service, say attorneys at Holland & Knight.
Emboldened by their 2009 financial recovery enforcement experiences, state attorneys general are expected to play a large role in rooting out fraud, waste and abuse related to Coronavirus Aid, Relief, and Economic Security Act funds, says Jeff Tsai at DLA Piper.
States have started enacting laws that invalidate nondisclosure agreements in sexual harassment cases, but victims should have the individual choice of whether to agree to confidentiality, say Lynne Bernabei and Kristen Sinisi at Bernabei & Kabat.
With the nascent cannabis industry unexpectedly being labeled "essential" and experiencing a sudden surge in consumer demand, dispensaries and operators must be careful to avoid triggering violations of state-specific price-gouging laws, say Joshua Mandell and Evelina Gentry at Akerman.
As social distancing forces musical performances to be streamed live online, artists and music publishers can continue to generate income by firmly enforcing their copyrights and ensuring compliance with licensing requirements, say Tal Dickstein and Nathalie Russell of Loeb & Loeb.
While law firms suddenly pivoting to remote work due to coronavirus restrictions are busy dealing with logistical challenges, an equally pressing and perhaps more difficult task may be adjusting a long-standing brick-and-mortar culture to working remotely for the first time, say Heather Clauson Haughian and Grant Walsh at Culhane Meadows.
When President Donald Trump decides it's time to kick-start the economy, governors will need to be prepared to answer some hard questions, like whether refusing to reopen nonessential businesses while managing the COVID-19 crisis in their states would be in violation of federal law, say David Blake and Kristina Arianina at Squire Patton.
A New York state court dispute between Novolex and a few of its insurers concerning coverage under a representations and warranties policy for a $267 million loss offers a rare glimpse into how a court might interpret acquisition agreements and insurance policy provisions, say attorneys at Hunton.
Attorneys at Cleary examine a series of state and federal proposals that may fill the current lack of restrictions on consumer debt collection during the global pandemic, as well as enforcement risks arising from COVID-19-related defaults.
Because the current shift to remote work during the coronavirus pandemic may lead to an uptick in bad faith time-limited settlement demands, insurance carriers must remain diligent about reviewing and responding to mail promptly, says Michael Longo at Goldberg Segalla.
In the current emergency climate caused by the COVID-19 pandemic, wholesale distributors must carefully consider state-level price-gouging statutes and should keep records of increased supplier, labor and material costs when charging more for certain goods, say Lawrence Silverman and Carmen Ortega at Akerman.
As more courts begin to explore remote hearings during the COVID-19 crisis, attorneys and courts should be aware of some of the common concerns accompanying video- and teleconferencing technology and make allowances to avoid these issues, say Attison Barnes III and Krystal Swendsboe at Wiley Rein.
If the New York State Legislature does not clarify whether business interruption insurance coverage extends to the current coronavirus pandemic — for example, by passing Assembly Bill A10226 introduced last month — then the battle will ultimately play out in the courts, says Massimo D'Angelo at Adam Leitman.