A former Credit Suisse managing director on Friday admitted to his role in a bribery and investor fraud scheme involving $2 billion in loans to state-backed companies in Mozambique, telling a New York federal judge he conspired to defraud those who invested in the debt.
A New York bankruptcy judge told cancer treatment center chain 21st Century Oncology he won’t reopen its Chapter 11 case for the purpose of quashing the antitrust claims of a group of its former doctors and the indemnification claims of its ex-CEO.
The Democratic National Committee told a Manhattan federal judge Friday there is no need to take judicial notice of the Mueller report in considering the plausibility of its complaint claiming the party was harmed by email hacking in the run-up to the 2016 presidential election.
A New York federal judge on Friday said he would not reconsider his decision to order jurisdictional discovery for claims that HSBC's Hong Kong affiliate aided a Ponzi scheme that pulled $37 million from investors' pockets.
Polsinelli PC has hired a real estate and commercial litigator with experience in retail internal investigations from Blank Rome LLP in New York, part of the firm’s larger lateral hiring spree this month.
"Real Housewives of New Jersey" star Margaret Josephs has settled a New York state court lawsuit over clothier Vineyard Vines’ bid to intercept her Bravo pay to help satisfy a $610,000 federal copyright infringement judgment, a lawyer for the reality star said Friday.
Immigrant advocates announced Friday that they had filed suit in New York federal court seeking records relating to a Trump administration program that allegedly allows immigration judges to conduct removal proceedings for noncitizens while they are serving criminal sentences.
Supermodel Gigi Hadid has escaped a copyright suit against her for posting a paparazzi photo of herself on Instagram, after a New York federal judge on Thursday found that the company that owns the photo failed to obtain a registered copyright for the photo before bringing the suit.
Venture capital-backed Radiology Partners, guided by Goodwin, said Friday it reached a $4 billion valuation following an investment from Starr Investment Holdings.
Two South Carolina utility customers on Friday asked the Second Circuit to revive a suit against Westinghouse Electric Co. to recover payments made for an abandoned nuclear project, saying their claims arise from Westinghouse’s post-Chapter 11 acts.
Wells Fargo has sued the Picayune Rancheria of Chukchansi Indians of California in New York state court, accusing the tribe and its economic development authority of participating in a scheme to avoid making payments owed as part of a $250 million loan agreement.
The Second Circuit ruled Friday that New York City's practice of summarily suspending licenses for taxi drivers who've been arrested but not yet convicted deprives them of due process by denying them meaningful opportunities to challenge their suspensions.
A New York City pharmacy owner and three of her managers were arrested over a multifaceted scheme that included bribing customers to have their HIV drug prescriptions filled there and over $10 million in Medicaid fraud, the New York attorney general announced Friday.
Madelaine Chocolate Novelties Inc.’s bid to force a Chubb Ltd. insurer to pay an additional $49 million for property damage and business interruption losses caused by Superstorm Sandy is bound for trial after a New York federal judge held Thursday that the scope of coverage under the chocolatier’s policy is unclear due to several conflicting terms.
The directors of dance music festival promoter SFX Entertainment Inc. and its CEO have agreed to pay $7.5 million to settle an investor suit alleging they tried to fraudulently bolster the company's stock price before declaring bankruptcy in February 2016.
A New York state appellate court has upheld a jury verdict in favor of a Hudson Valley hospital in a suit brought by the family of a deceased hip replacement patient, saying the trial came down to a battle of experts and the verdict was reasonable.
Dozens of state attorneys general have told the U.S. Food and Drug Administration they support the agency’s recent push to regulate cannabis-derived products like cannabidiol, while asking it to ensure that the states maintain their roles as regulators as the market emerges.
Senate Minority Leader Chuck Schumer, D-N.Y., is asking the FBI and Federal Trade Commission to look into privacy and national security concerns posed by the rapid rise of the photo-altering FaceApp app, which is run by a Russian tech company and has scooped up personal data from millions of Americans.
A proposed class of investors in Dakota Plains Holdings Inc. on Thursday urged a New York federal judge to certify a class action against the bosses of the defunct oil transloading company over a purported stock manipulation scheme, citing the commonality of investor claims.
A workers' compensation insurer owned by Warren Buffett's Berkshire Hathaway has agreed to pay $3 million to end an investigation by New York's Department of Financial Services into the alleged sale of unauthorized insurance products, the agency announced Thursday.
A New York federal judge has dismissed a suit against California firm Downey Brand LLP over the $150 million sale of a real estate investment trust that the firm handled, with the judge saying that the suit was too similar to another suit that was dismissed in 2018.
Blackstone's infrastructure fund raised $14 billion in the final close of its inaugural fundraising round, putting the Simpson Thacher-guided vehicle among the world's three largest infrastructure funds, Blackstone said Thursday.
Two New York City strip clubs are largely off the hook in a lawsuit over their use of images of models on social media, after a federal judge ruled most of the women who brought the case weren't famous enough to have trademark rights over their pictures.
A lawsuit launched by a pair of sports photographers against nearly two dozen companies and individuals accused of illegally reprinting and selling their photos has come to an end after a New York federal judge on Thursday dismissed claims against the last remaining defendant for lack of jurisdiction.
Manhattan federal prosecutors have "effectively concluded" their probe into campaign finance violations tied to two campaign season payments to silence women who had alleged affairs with President Donald Trump, according to a Thursday filing.
The fate of the Affordable Care Act is currently pending in federal court, but states are proceeding on the premise that the law will survive its latest legal challenge as they consider competing Democratic and Republican visions of health care, says Lou Cannon of State Net Capitol Journal.
Justice John Paul Stevens was right that the U.S. Supreme Court's 2008 gun rights decision in Heller desperately needs to be overruled, but while he viewed revision or repeal of the Second Amendment as the easier course for correction, only the court can clean up the mess it made, says Robert Ludwig of the American Enlightenment Project.
Rothschild Barry's John Coffey, who joined Justice John Paul Stevens' law firm in 1965, shares what it was like to watch Justice Stevens practice law, mentor younger lawyers and land a malfunctioning plane.
In Cohen v. Capital One Funding in New York federal court, the plaintiffs' argument — that special purpose trusts charged and collected interest rates in excess of New York's usury limits — relies on a flawed understanding of the Second Circuit's decision in Madden v. Midland Funding, which was itself erroneous and harmful to credit markets, says Walter Zalenski of Buckley.
The U.S. Department of Energy, the Federal Energy Regulatory Commission and state regulators have a handful of tools to compel generators to delay the retirement of nuclear, coal and gas plants until greener options are more reliable, but their scope has not yet been tested in court, says Gordon Coffee at Winston & Strawn.
As states adopt and expand third-party solar development programs, regulators should streamline rules and avoid prescriptive requirements for developers, say Elliot Hinds and Diana Jeschke at Crowell & Moring.
While there is discussion in some quarters about new regulations on commercial legal finance, the hands-off approach taken by the majority of courts and legislatures is an implicit recognition that it is already sufficiently regulated, says Danielle Cutrona of Burford Capital.
The New York Appellate Division decision last week in Reif v. Nagy — in favor of the heirs in a Holocaust looted-art claim — is noteworthy because of the manner in which it rejected the defendant’s claim of laches, just a few weeks after the Second Circuit had dismissed a Holocaust looted-art claim on those very grounds, says Martin Bienstock of Bienstock.
New York recently signed into law a statewide prohibition on salary history inquiries and amended its equal pay law. Attorneys at Morgan Lewis explain the laws’ key provisions and discuss the important takeaways for employers.
The administrative record is very important to federal agency litigation — as showcased in last month's U.S. Supreme Court decision concerning the addition of a citizenship question to the 2020 census — yet there is no set of consistent principles to guide agencies in compiling these official records, say attorneys at WilmerHale.
San Francisco's Board of Supervisors recently approved an ordinance banning the use of facial recognition technology by all city departments. The law is part of a growing movement among localities and states to increase oversight of the use of surveillance technologies by government entities, says Korey Clark of State Net Capitol Journal.
Until challenges to the U.S. Securities and Exchange Commission's newly adopted Regulation Best Interest play out in court, broker-dealers can reconcile conflicting state and federal standards of conduct by complying with the most restrictive applicable regulatory requirements, say Ghillaine Reid and Kurt Wolfe of Troutman Sanders.
Since 32 of the 67 decisions issued by the U.S. Supreme Court during its October term cite dictionaries, it’s worth reviewing the opinions to learn which dictionaries the justices consulted and how they used them, say Bruce Wessel and Brian Weissenberg of Irell & Manella.
Although the rate of employment for law school graduates — which had been falling steadily — saw a small increase over the last year, other factors, such as fewer graduates overall and potential future job growth stagnation, temper the good news for those pursuing law degrees, say Tiffane Cochran and Tyler Grimm of AccessLex Institute.
To date, 46 states and the District of Columbia have passed needed legislation penalizing nonconsensual distribution of pornographic images of another person, but constitutionally outlawing this phenomenon is tricky and some statutes will likely be struck down, says Nicole Ligon, supervising attorney of the First Amendment Clinic at Duke Law.