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New York

  • September 21, 2018

    June DHS Memo Can't Justify Ending DACA, 2nd Circ. Hears

    A coalition of states challenging the Trump administration’s decision to rescind the Deferred Action for Childhood Arrivals program urged the Second Circuit Thursday to uphold their equal protection and procedural claims, asserting that the government’s arguments to the contrary improperly rely on a recent U.S. Department of Homeland Security memo.

  • September 21, 2018

    Ginsburg Warns Court Nominees Against Spelling Out Views

    U.S. Supreme Court Justice Ruth Bader Ginsburg on Friday appeared to defend the reticent answers of recent high court nominees to lawmaker questions on hot-button legal issues, telling a Columbia Law School audience that during her own confirmation hearings, it would have been "improper" for her to comment on topics that might come before the bench.

  • September 21, 2018

    Dump Truck Co. Can't Dodge NLRB Union Shutdown Ruling

    The Second Circuit on Friday granted the National Labor Relations Board’s petition to enforce a decision that a Brooklyn dump truck company illegally trimmed operations in retaliation for its drivers voting to unionize, later offering to restart if its employees rejected the union.

  • September 21, 2018

    Ex-Platinum Partners Exec Dies Ahead Of $1B Fraud Trial

    Former Platinum Partners honcho Uri Landesman, charged for his role in a purported $1 billion securities fraud scheme, died, his lawyer said Friday, ahead of a January trial of hedge fund executives accused of duping bondholders of defunct offshore driller Black Elk.

  • September 21, 2018

    QBE Gets 2nd Chance At Force-Placed-Insurance Coverage

    A New York state appeals court revived a suit by insurer QBE against other insurers over coverage for sprawling underlying litigation over lender-placed homeowners' insurance, saying a contract was misread to grant summary judgment.

  • September 21, 2018

    Ex-Cocoa Trading Co. Exec Gets 3 Months For $352M Fraud

    U.S. District Judge Jed S. Rakoff on Friday hit a former Transmar Commodity Group Ltd. finance executive with a three-month sentence for his role in a $352 million fraud that bankrupted the cocoa trader and damaged banks, crediting his effort to cooperate but saying the size of the caper required a prison term.

  • September 21, 2018

    Schwab, Ameritrade Say Goldman Can't Ditch IPO Deal

    Charles Schwab Corp. and TD Ameritrade Inc. have accused Goldman Sachs Group Inc. of unfairly trying to terminate an agreement allowing the brokerages to share Goldman securities offerings with their own customers, according to a complaint filed in New York state court Thursday.

  • September 21, 2018

    Barrick Gold Escapes Investor Class Action Over Mine Spill

    A New York federal judge granted Barrick Gold Corp.’s motion to dismiss a class action claiming the company misstated problems that led to a chemical spill at its Veladero mine in Argentina, finding the company’s allegedly misleading public statements were either forward-looking or not inherently false.

  • September 21, 2018

    Agrokor Gets Croatian Restructuring Recognized In US Court

    A New York bankruptcy judge on Friday granted Croatian food and beverage giant Agrokor U.S. bankruptcy protection while the company works through its restructuring deal in its home country.

  • September 21, 2018

    EEOC Says Walmart Discriminates Against Pregnant Workers

    Walmart discriminated against a class of women at a Wisconsin distribution center by denying their requests to take it easier at work during their pregnancies, the U.S. Equal Employment Opportunity Commission said Friday in the latest suit challenging how the mega-retailer treats pregnant workers.

  • September 21, 2018

    Health Hires: DLA Piper, Baker Donelson, Pharma GCs

    DLA Piper has brought in life sciences attorneys from Hogan Lovells and Vinson & Elkins LLP, Baker Donelson Bearman Caldwell & Berkowitz PC has boosted its health care group in Memphis, Tennessee, Aquestive Therapeutic has nabbed the head of Day Pitney LLP's life sciences group and Clearside Biomedical has hired an in-house veteran to lead its legal team.

  • September 21, 2018

    Cadwalader Asks For Court's Help With Settlement Talks

    A week before trial is scheduled to begin, Cadwalader Wickersham & Taft told a New York state court on Friday that there is still the potential to settle a legal malpractice suit brought by Washington Redskins owner Dan Snyder but that the court must step in to ensure decision makers will be at the table.

  • September 21, 2018

    7th Circ. Got Nuke Subsidy Ruling Wrong, Power Cos. Say

    Independent power producers on Friday said the Seventh Circuit issued a legally flawed decision backing Illinois' program propping up struggling nuclear power plants, but added that they haven't yet decided if they will seek rehearing or will appeal the ruling to the U.S. Supreme Court.

  • September 21, 2018

    Real Estate Rumors: Broadcast Music, IDI Logistics, WeWork

    Broadcast Music has reportedly signed a 16-year lease for its 61,390-square-foot Manhattan space, IDI Logistics is said to have landed $16.58 million in financing for a Florida project and WeWork is reportedly leasing 60,000 square feet in New York.

  • September 21, 2018

    Fluor Says Westinghouse Owes It $247M In Project Fees

    Engineering and construction giant Fluor Enterprises Inc. on Friday urged a New York bankruptcy court to order Westinghouse Electric to hand over roughly $247 million in allegedly unpaid fees stemming from a pair of nuclear reactor projects, months after the nuclear power company tried to dodge the claims.

  • September 21, 2018

    Goodwin's PropTech Group Eyes A Burgeoning Sector

    Goodwin Procter LLP says it's the first major law firm in the U.S. to set up a practice group devoted to the intersection of real estate and technology, and co-leaders of Goodwin's so-called PropTech group recently told Law360 their firm is ideally suited to tackle the complex multibillion-dollar intersection of the two practice areas.

  • September 21, 2018

    2nd Circ. Tosses ‘Light Between Oceans’ IP Suit

    The Second Circuit on Friday affirmed the dismissal of a screenwriter's suit accusing Simon & Schuster and Dreamworks of stealing his screenplay for use in the movie "Light Between Oceans," ruling there were not enough similarities between his script and a published book and movie to accuse the companies of ripping off his work.

  • September 21, 2018

    2nd Circ. Looks Set To Reverse Rakoff On Palin's NYT Suit

    The Second Circuit appeared poised Friday to reverse U.S. District Judge Jed S. Rakoff's dismissal of former vice presidential candidate Sarah Palin's suit accusing The New York Times of publishing a defamatory editorial, with a panel member saying the judge usurped the role of a jury in examining the mindset of the writer.

  • September 21, 2018

    Luv N' Care's Claims Cut In 'Family Drama' With Ex-Counsel

    A New York federal judge dismissed almost all counterclaims against intellectual property boutique Goldberg Cohen LLP in the firm's long-running dispute with former client Luv N’ Care, criticizing both sides and calling the dispute a “family drama."

  • September 21, 2018

    Sempra Charts Green Energy Exit With $1.5B Con Ed Deal

    Sempra Energy agreed Thursday to sell a U.S. renewable energy unit to Consolidated Edison Inc. for $1.54 billion, part of an asset divestment plan unveiled in June amid activist investor pressure that will see Sempra exit the U.S. renewable project business.

Expert Analysis

  • Cloud Computing Clearly The Future For Small Firms

    Holly Urban

    While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.

  • Leveraging Today's Lateral Associate Market

    Darin Morgan

    With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.

  • Opinion

    What I Learned As Lehman's Bankruptcy Lawyer

    Andrew Rossman

    I have spent nearly 10 years fighting in court for the rights of Lehman Brothers’ creditors. This arduous legal journey has yielded insights into weaknesses in our financial system and bankruptcy laws that could allow catastrophic losses to happen again, says Andrew Rossman of Quinn Emanuel Urquhart & Sullivan LLP.

  • Zaslavskiy Does Little To Encourage Clear Crypto Guidance

    Alexis Collins

    A New York federal judge's decision last week in Zaslavskiy relieves the government of a potentially significant pleading burden when bringing cryptocurrency actions, but does not encourage clarification of clear standards for application of the Howey test, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • Q&A

    Back To School: Stanford's Jeff Fisher Talks Supreme Court

    Jeffrey Fisher

    In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.

  • Calif.'s New Rules For Lawyers Move Closer To ABA Model

    Mark Loeterman

    The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.

  • Know The Limits To Atty Public Statements During A Trial

    Matthew Giardina

    The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.

  • NY Nonqualified Deferred Comp Rules Ripe For Challenge

    Zal Kumar

    Asset managers may be reporting significant amounts of deferred compensation on their 2017 federal partnership returns this year under Section 457A of the Internal Revenue Code. Managers may not be thinking about the New York state and New York City tax consequences of such income inclusion required at the federal level — but that would be a mistake, say attorneys at Mayer Brown LLP.

  • NY Revives Fair Lending Risks For Indirect Auto Lenders

    Melanie Brody

    The recent rollback of Obama-era fair lending enforcement does not mean that the risks have disappeared. New York guidance issued last month for indirect auto lenders shows that states are stepping up to fill in where the Trump administration has backed off, says Melanie Brody of Mayer Brown LLP.

  • Series

    Winner's Playbook: Behind The Scenes Of The AmEx Case

    Evan Chesler

    In June, the U.S. Supreme Court issued a pivotal antitrust decision in Ohio v. American Express. Three partners at Cravath Swaine & Moore LLP who represented AmEx explain how one of the most significant antitrust enforcement actions in recent history led to a landmark precedent for two-sided platforms.