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March 23, 2026
REIT Bidding War Advances With 'Superior' Offer, New Entry
Mortgage servicing-focused real estate investment trust Two Harbors Investment Corp. said an unnamed third contestant has made an offer to acquire the company after it determined on Monday that CrossCountry Mortgage outbid a previous December offer from UWM Holdings Corp. of $1.3 billion.
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March 23, 2026
BJ's Says Pension Fund Oversteps With Climate Study Ask
BJ's Wholesale Club told a Massachusetts federal judge that it cannot be forced to poll shareholders on whether the retailer should study the effects of deforestation on its supply chains, calling it an improper attempt at "micromanagement."
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March 23, 2026
Zetlin & De Chiara Adds Construction Partner To NY Office
Construction law firm Zetlin & De Chiara LLP said Monday it has added an attorney with three decades of experience advising commercial construction as a partner in its New York office.
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March 23, 2026
Lead Edge Wraps Software-Focused Fund With $3.5B In Tow
Software-focused private equity shop Lead Edge Capital on Monday announced that it closed its largest fund to date after securing $3.5 billion in investor commitments.
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March 23, 2026
Paul Hastings' Funds Growth Continues With Paul Weiss Atty
Paul Hastings LLP announced Monday the fifth partner addition this year to its investment funds and private capital team, welcoming a former Paul Weiss Rifkind Wharton & Garrison LLP attorney to its New York office.
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March 20, 2026
5th Circ. Wipes Out FTC's TurboTax 'Deceptive' Ad Ruling
The Fifth Circuit on Friday vacated the Federal Trade Commission's cease-and-desist order imposed on Intuit Inc. for its TurboTax advertising that regulators say duped customers into thinking they could file their tax returns for free, saying the agency's in-house decision is unconstitutional, and the dispute must go to federal court.
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March 20, 2026
Supermicro Co-Founder Exported AI Tech To China, Feds Say
A founder of Super Micro Computer Inc. and two others associated with the information technology company were charged Thursday with conspiring to divert $2.5 billion worth of servers that use Nvidia's artificial intelligence technology to China, in violation of U.S. export controls, New York federal prosecutors said.
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March 20, 2026
Nexstar Won Over DC, But Faces Big Task In Local TV Markets
Broadcast behemoth Nexstar had plenty to celebrate in Washington, D.C., on Thursday with twin regulatory approvals pivotal to its plan to take over rival Tegna, but even if the deal survives legal challenges, it will face scrutiny in local TV markets.
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March 20, 2026
2nd Circ. Bars Terror Victims' Access To Afghan Bank Funds
A notably divided Second Circuit has denied terrorist attack victims another chance to argue that they shouldn't be barred from seeking recovery of $3.5 billion in "blocked" Afghanistan central bank assets in New York, leaving a panel's sovereign immunity analysis in place.
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March 20, 2026
Firms Must Face Discovery In $102M Award Feud
A New York federal judge on Friday permitted Levona Holdings to closely scrutinize declarations provided by attorneys with Greenberg Traurig LLP and Reed Smith LLP as it pursues sanctions against the firms following the court's vacatur of a $102 million arbitral award procured through fraud.
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March 20, 2026
JetBlue Pilots Union Demands To Arbitrate United Deal Fight
A pilots labor union hit JetBlue Airways with a lawsuit in New York federal court, seeking to force the airline to arbitrate pilots' contract dispute over its Blue Sky partnership with United Airlines, which the union claims allows JetBlue to unfairly farm out flights to other carriers.
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March 20, 2026
Real Estate Recap: Rate Hold, Data Center Regs, Housing EOs
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including reactions to the latest interest rates news from the Fed, states tamping down on data center development and executive orders on the affordable housing front.
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March 20, 2026
Feds Don't Have To Reveal Probe Of BofA's Epstein Ties
The federal government does not have to disclose a possible investigation into Bank of America's alleged role in enabling Jeffrey Epstein's sex trafficking scheme, a New York federal judge said Friday, explaining his order earlier this month denying the bank's bid to stay a civil suit that has since been settled.
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March 20, 2026
Ad Tech Class Can't Make Outside Plaintiffs Set Aside Funds
Individual website publishers suing Google won't have to set aside 10% of any winnings in the sprawling advertising placement technology antitrust multidistrict litigation after a New York federal judge said that the certified class of publishers was embellishing its contributions in seeking the set-aside.
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March 20, 2026
States Want To Halt Nexstar-Tegna Integration For Challenge
State enforcers asked a California federal court Friday to stop Nexstar Media Group Inc. from integrating with rival broadcast company Tegna Inc., after the companies closed their $6.2 billion merger despite a pair of lawsuits challenging the deal.
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March 20, 2026
Chubb Moves To Toss Shareholder's Climate Proposal Suit
Insurance company Chubb Ltd. is fighting an effort to place a climate-related question on its annual corporate ballot, telling a Washington, D.C., federal judge that the shareholder championing the proposal is attempting to micromanage its business.
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March 20, 2026
Publishers Can't Get Performance Docs From Perplexity
A Manhattan federal judge on Friday denied a request from the publishers of The Wall Street Journal and New York Post to obtain documents from Perplexity AI on how the company measures its product's performance and optimizes it, saying letting the parties continue to confer on search terms was unlikely to produce results.
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March 20, 2026
NY Appellate Court Tosses Challenge To Pot Legalization
New York's intermediate appellate court has upheld the dismissal of a challenge to the state law that legalized adult-use cannabis, saying that legalization was not preempted by federal drug policy.
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March 20, 2026
Vein Restoration Co. Will Pay $4M To End False Claims Suit
The operators of a multistate network of vascular medicine clinics have reached a $4 million settlement to resolve claims that they billed Medicaid, Medicare and Tricare for medically unnecessary vein treatment procedures over the course of seven years.
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March 20, 2026
Cooperator Rechnitz Can't Avoid Jail At SDNY Resentencing
A Manhattan federal judge on Friday hit Jona Rechnitz, a prolific cooperating witness who testified at three trials, with a five-month prison sentence for corruption crimes he committed over a decade ago, despite saying "you have done all you can" to atone.
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March 20, 2026
White House Pushes Congress To Override State AI Laws
The White House directed Congress to preempt "burdensome" state laws on artificial intelligence in a legislative framework released Friday.
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March 20, 2026
Taxation With Representation: Clifford Chance, Davis Polk
In this Week's Taxation With Representation, Public Storage acquires National Storage Affiliates Trust, 3M teams up with Bain Capital to buy Madison Fire & Rescue, and Mastercard acquires stablecoin infrastructure firm BVNK.
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March 20, 2026
Schools Back Delay Of Hasty Trump Admissions Data Demand
A Trump administration demand for years of college admissions data on race and sex, with just a few months' notice, has "created a perfect storm" for schools scrambling to comply, a coalition of academic organizations has told a Massachusetts federal judge in support of a bid to delay implementation of the new survey.
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March 20, 2026
Realty Income, Apollo Target Single-Tenant Retail In $1B JV
Under a joint venture, private equity firm Apollo Global Management has agreed to invest $1 billion with real estate investment trust Realty Income Corp. to acquire a portfolio of single-tenant retail properties subject to long-term leases.
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March 19, 2026
Trump Admin, Columbia Must Face Student Speech Claims
A New York federal judge on Thursday trimmed but refused to throw out First Amendment claims brought by activist Mahmoud Khalil and other Columbia University past and present students who accuse the federal government of coercing Columbia to suppress their speech, finding that at this stage in the litigation, the students have adequately alleged violations of their rights.
Expert Analysis
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Compliance Tips Amid Rising FTC Scrutiny Of Minors' Privacy
The Federal Trade Commission has recently rolled out multiple enforcement actions related to children's privacy, highlighting a renewed focus on federal regulation of minors' personal information and the evolving challenges of establishing effective, privacy-protective age assurance solutions, say attorneys at Nelson Mullins.
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Opinion
It's Time For The Judiciary To Fix Its Cybersecurity Problem
After recent reports that hackers have once again infiltrated federal courts’ electronic case management systems, the judiciary should strengthen its cybersecurity practices in line with executive branch standards, outlining clear roles and responsibilities for execution, says Ilona Cohen at HackerOne.
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Key NY State Grand Jury Rules Can Shape Defense Strategy
As illustrated by recent cases, New York state's grand jury rules are more favorable than their federal counterparts, offering a genuine opportunity in some cases for a white collar criminal defendant to defeat or meaningfully reduce charges that a prosecutor seeks to bring, says Ethan Greenberg at Anderson Kill.
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Series
Writing Novels Makes Me A Better Lawyer
Writing my debut novel taught me to appreciate the value of critique and to never give up, no matter how long or tedious the journey, providing me with valuable skills that I now emphasize in my practice, says Daniel Buzzetta at BakerHostetler.
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Personnel File Access Laws Pose New Risks For Employers
The state law trend toward expanding employee access to personnel files can have extensive consequences for employers, but companies can take proactive steps to avoid disputes and potential litigation based on such records, says Randi May at Tannenbaum Helpern.
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SDNY OpenAI Order Clarifies Preservation Standards For AI
The Southern District of New York’s recent order in the OpenAI copyright infringement litigation, denying discovery of The New York Times' artificial intelligence technology use, clarifies that traditional preservation benchmarks apply to AI content, relieving organizations from using a “keep everything” approach, says Philip Favro at Favro Law.
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Dropped Case Shows SEC Focus On Independent Directors
The U.S. Securities and Exchange Commission's recent liquidity rule case against Pinnacle Advisors, despite its dismissal by the commission, serves as a reminder that the SEC expects directors to embrace their role as active, probing fiduciaries, says Dianne Descoteaux at MFDF.
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4 Strategies To Ensure Courts Calculate Restitution Correctly
Recent reversals of restitution orders across the federal appeals courts indicate that some lower courts are misapplying fundamental restitution principles, so defense attorneys should consider a few ways to vigilantly press these issues with the sentencing judge, says Wesley Gorman at Comber Miller.
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State Paid Leave Laws Are Changing Employer Obligations
A wave of new and expanded state laws covering paid family, medical and sick leave will test multistate compliance systems, marking a fundamental operational shift for employers that requires proactive planning, system modernization and policy alignment to manage simultaneous state and federal obligations, says Madjeen Garcon-Bonneau at PrestigePEO.
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In NY, Long COVID (Tolling) Still Applies
A series of pandemic-era executive orders in New York tolling state statutes of limitations for 228 days mean that many causes of action that appear time-barred on their face may continue to apply, including in federal practice, for the foreseeable future, say attorneys at Sher Tremonte.
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Opinion
Expert Reports Can't Replace Facts In Securities Fraud Cases
The Ninth Circuit's 2023 decision in Nvidia v. Ohman Fonder — and the U.S. Supreme Court's punt on the case in 2024 — could invite the meritless securities litigation the Private Securities Litigation Reform Act was designed to prevent by substituting expert opinions for facts to substantiate complaint assertions, say attorneys at A&O Shearman.
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Opinion
High Court, Not A Single Justice, Should Decide On Recusal
As public trust in the U.S. Supreme Court continues to decline, the court should adopt a collegial framework in which all justices decide questions of recusal together — a reform that respects both judicial independence and due process for litigants, say Michael Broyde at Emory University and Hayden Hall at the U.S. Bankruptcy Court for the District of Delaware.
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Series
Traveling Solo Makes Me A Better Lawyer
Traveling by myself has taught me to assess risk, understand tone and stay calm in high-pressure situations, which are not only useful life skills, but the foundation of how I support my clients, says Lacey Gutierrez at Group Five Legal.
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NY Zelle Suit Highlights Fraud Risks Of Electronic Payments
The New York attorney general's recent action against Zelle's parent company, filed several months after the Consumer Financial Protection Bureau abandoned a similar suit, demonstrates the fraud risks that electronic payment platforms can present and the need for providers to carefully balance accessibility and consumer protection, say attorneys at Weiner Brodsky.
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Series
Law School's Missed Lessons: Client Service
Law school teaches you how to interpret the law, but it doesn't teach you some of the key ways to keeping clients satisfied, lessons that I've learned in the most unexpected of places: a book on how to be a butler, says Gregory Ramos at Armstrong Teasdale.