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New York
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July 02, 2025
Pentegra Agrees To Pay $48.5M After $38.8M ERISA Verdict
A New York federal judge Wednesday preliminarily approved a settlement in which Pentegra Retirement Services agreed to pay nearly $10 million more than a $38.8 million jury verdict awarded to a 27,000-member class of 401(k) plan participants who challenged the plan's excessive administrative fees.
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July 02, 2025
2nd Circ. Affirms NY Court Can't Nix Swiss Arbitration Loss
The Second Circuit on Wednesday affirmed that an arbitral award issued by a Swiss tribunal to a Singapore company in a dispute over a medical imaging joint venture cannot be vacated in New York, concluding in a published opinion that the court lacks the power to do so.
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July 02, 2025
2nd Circ. Reinstates FIFA Bribery Convictions
The Second Circuit on Wednesday reinstated two conspiracy convictions linked to the FIFA bribery scandal, saying a former 21st Century Fox executive and a company that brokers media rights for major tournaments weren't absolved by new U.S. Supreme Court rulings.
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July 02, 2025
EQV Ventures' Upsized IPO Tops 4 Listings Totaling $830M
Energy-focused special purpose acquisition company EQV Ventures Acquisition Corp. II began trading Wednesday after pricing an upsized $420 million initial public offering, in the largest of four SPAC IPOs totaling $830 million.
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July 02, 2025
Insurers Blast Avon Ch. 11 Talc Injury Trust
A group of insurance carriers is asking a Delaware bankruptcy judge to reject cosmetic seller Avon Products' Chapter 11 plan, saying it would unfairly force them to pay possibly bogus talc injury claims.
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July 02, 2025
Colombian Consumer Lender's Ch. 11 Converted To Ch. 7
A New York bankruptcy judge on Wednesday approved the conversion of the Chapter 11 case of Colombian consumer lending giant Credivalores-Crediservicios to a Chapter 7 liquidation, following requests from the Office of the U.S. Trustee and an ad hoc group of noteholders.
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July 02, 2025
SeaCrest Adviser To Pay $161K For Cherry-Picking Scheme
A former SeaCrest Wealth Management LLC adviser will pay $161,000 to the U.S. Securities and Exchange Commission for allegedly carrying out a cherry-picking scheme through which he misappropriated more than $108,000.
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July 02, 2025
Samsung SDI Co. Escapes NY Woman's E-Scooter Fire Suit
A New York federal judge on Wednesday dismissed a woman's claims against Samsung SDI Co. Ltd. over an electronic scooter battery that she said caught fire and injured her, saying she failed to establish that the court has any jurisdiction over the South Korea-based company.
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July 02, 2025
Jay-Z Loses Defamation And Extortion Suit Against Buzbee
A state court judge in California has granted Texas attorney Tony Buzbee's request to toss claims of defamation and extortion brought by Shawn "Jay-Z" Carter over sexual abuse allegations connected to Sean "Diddy" Combs, finding that the state's free speech statute requires dismissal.
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July 02, 2025
DOJ, Defenders Alums Chosen As EDNY Magistrate Judges
The Board of Judges of the U.S. District Court for the Eastern District of New York has announced the appointment of two new magistrate judges: a former federal prosecutor and a Federal Defenders of New York alum.
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July 02, 2025
Marsh Says Brokerage Poached Employees, Client
Insurance brokerage Marsh told a New York federal court that a competing brokerage orchestrated a scheme with former Marsh employees to steal clients in its surety business, noting that the competitor has faced over 70 other similar lawsuits.
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July 02, 2025
Segal McCambridge Hit With Age Bias, Retaliation Suit
A former secretary is suing Segal McCambridge Singer & Mahoney Ltd. in New York federal court alleging that the firm excluded her from work emails, falsely accused her of failing to perform her work duties and ultimately fired her based on her age.
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July 02, 2025
Former FTC General Counsel Joins Orrick In New York
The former general counsel of the U.S. Federal Trade Commission has made the move to private practice at Orrick Herrington & Sutcliffe LLP in New York.
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July 02, 2025
The Funniest Moments Of The Supreme Court's Term
After justices and oral advocates spent much of an argument pummeling a lower court's writing talents, one attorney suggested it might be time to move on — only to be told the drubbing had barely begun. Here, Law360 showcases the standout jests and wisecracks from the 2024-25 U.S. Supreme Court term.
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July 02, 2025
SEC Strikes Deal With SolarWinds In Data Breach Case
SolarWinds Corp. is on the cusp of resolving the U.S. Securities and Exchange Commission's novel case alleging the software developer hid faulty cybersecurity practices before a major breach, telling a New York federal judge Wednesday that the parties have agreed to a settlement.
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July 02, 2025
Combs Cleared Of Most Serious Charges
A Manhattan federal jury on Wednesday convicted Sean "Diddy" Combs of transporting two former girlfriends for prostitution, but cleared the hip-hop mogul on prosecutors' top racketeering and sex-trafficking charges that could have sent him to prison for decades.
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July 01, 2025
Columbia Inks $9M Deal To End Students' Ranking Stats Suit
Columbia University students have asked a New York federal judge to greenlight a $9 million settlement resolving class claims that the institution gave inaccurate data to U.S. News & World Report, artificially inflating its "Best National Universities" ranking and enabling the school to charge higher tuition.
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July 01, 2025
NY Judge Blocks DHS From Ending Haitians' Protected Status
A New York federal judge on Tuesday blocked the Trump administration's bid for an early end to temporary deportation protection for certain Haitians escaping political instability and effects of natural disasters, saying the government's partial vacatur of the program in February was unlawful.
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July 01, 2025
NYT Says Palin Can't Get New Defamation Trial, Recusal
The New York Times urged a New York federal judge to refuse Sarah Palin's request for a new trial and judge after a jury rejected her defamation claims over a 2017 editorial, saying her arguments misunderstood circuit court rulings in the long-running case and skipped a procedural bar.
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July 01, 2025
5 Healthcare Enforcement Actions You Don't Want To Miss
A healthcare fraud operation announced by the Justice Department targeting $14.6 billion in potential false claims wasn't the only enforcement action making waves in the industry this past week.
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July 01, 2025
Fla. Court Tosses NY Judge's Defamation Suit In Condo Feud
A Florida federal judge tossed a defamation suit between a senior federal judge in New York and former members of a condominium board where he owns a unit, saying neither party provided sufficient evidence of their claims stemming from a feud over renovations.
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July 01, 2025
State AGs Sue Gov't To Halt Medicaid Data Sharing With ICE
A California-led coalition of nearly two dozen state attorneys general is pushing a federal court to stop the U.S. Department of Health and Human Services from giving immigration officials "unfettered access" to Medicaid recipients' personal health information, arguing that the sharing flouts decades of policy and practice.
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July 01, 2025
The Sharpest Dissents From The Supreme Court Term
The term's sharpest dissents often looked beyond perceived flaws in majority reasoning to raise existential concerns about the role and future of the court, with the justices accusing one another of rewarding executive branch lawlessness, harming faith in the judiciary and threatening democracy, sometimes on an emergency basis with little briefing or explanation.
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July 01, 2025
Defamation Litigation Roundup: Newsom, Lively, MyPillow
In this month's defamation litigation roundup, Law360 looks back on a decision in the high-profile fight between Blake Lively and Justin Baldoni, as well as at a jury verdict in a voting machine company executive's case against MyPillow's CEO.
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July 01, 2025
Deutsche Faces Investor Bid To Renew UK Bond-Rigging Case
An Oklahoma pension fund moved Monday to revive its New York federal court case over alleged price-fixing of U.K. government bonds, citing newly obtained chat transcripts and other material that it says bolster its claims against Deutsche Bank.
Expert Analysis
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Series
Playing Beach Volleyball Makes Me A Better Lawyer
My commitment to beach volleyball has become integral to my performance as an attorney, with the sport continually reminding me that teamwork, perseverance, professionalism and stress management are essential to both undertakings, says Amy Drushal at Trenam.
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US Soccer Win Shows Value Of Defining 'Relevant Market'
Despite U.S. Soccer's successful defense against North American Soccer League's antitrust allegations, sports leagues should continue to be mindful of risks posed by hierarchical structures since the New York federal judge in that suit found a triable issue of fact on the relevant markets issue, say attorneys at Debevoise.
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How Banks Can Prepare For NYDFS Overdraft Overhaul
The New York State Department of Financial Services' recent proposal to amend overdraft rules for financial institutions underscores states' potential to create consumer protection mechanisms in the absence of meaningful federal action, say attorneys at Steptoe.
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Terraform Case May Be Bellwether For Crypto Enforcement
The prosecution of crypto company Terraform Labs and its CEO, Do Kwon, offers a unique test of the line between lawful and unlawful conduct in digital transactions, and the Trump administration’s posture toward the case will provide clues about its cryptocurrency enforcement agenda in the years to come, say attorneys at Brooks Pierce.
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Opinion
2 Errors Limit The Potential Influence Of AI Fair Use Case
The recent opinion in Thomson Reuters v. ROSS Intelligence may have little predictive value for artificial intelligence litigation, because the decision failed to engage with an important line of case law on intermediate copying, and misapplied the concepts of commercial substitution and superseding use, says Brandon Butler at Jaszi Butler PLLC.
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What's Next For Russia Sanctions After Task Force Disbanded
Attorney General Pam Bondi’s recent disbanding of Task Force KleptoCapture, which was initially aimed at seizing Russian oligarchs’ funds and assets, is unlikely to mean the end of Russia sanctions enforcement and other economic countermeasures, as the architecture for criminal enforcement remains in place, say attorneys at BakerHostetler.
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How Law Firms Can Counteract The Loneliness Epidemic
The legal industry is facing an urgent epidemic of loneliness, affecting lawyer well-being, productivity, retention and profitability, and law firm leaders should take concrete steps to encourage the development of genuine workplace connections, says Michelle Gomez at Littler and Gwen Mellor Romans at Herald Talent.
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What Remedies Under New Admin's SEC Could Look Like
The U.S. Securities and Exchange Commission is likely to substantially narrow the remedies it pursues over the next few years, driven by the mounting challenges it faces in court, as well as the views of its incoming chair and fellow Republican commissioners on injunctions, penalties and disgorgement, say attorneys at Milbank.
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5 Keys To Building Stronger Attorney-Client Relationships
Attorneys are often focused on being seen as the expert, but bonding with clients and prospects by sharing a few key personal details provides the basis for a caring, trusted and profoundly deeper business relationship, says Deb Feder at Feder Development.
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What SDNY Judge Can And Can't Do In Adams Case
The federal judge in the Southern District of New York overseeing the criminal case against New York City Mayor Eric Adams deferred making a decision on the government's motion to dismiss the indictment, and while he does have limited authority to deny the motion, that would ultimately be a futile gesture, says Ethan Greenberg at Anderson Kill.
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Notable Q4 Updates In Insurance Class Actions
In a continuation of trends in property and casualty insurance class actions, last quarter insurers struggled with defending the merits and class certification of sales tax and fee suits, and labor depreciation cases, but succeeded in dismissing privacy class actions at the pleading stages, says Mathew Drocton at BakerHostetler.
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How Crypto Firms Should Approach Patchwork Of State Laws
The Money Transmission Modernization Act was designed to create uniformity across state digital regulations, but the reality remains far from consistent — as demonstrated by the patchwork of laws in states like Texas, Vermont, New York and California — so as state legislatures convene in the coming weeks, crypto firms should watch closely for developments that could shape the regulatory landscape, say attorneys at Paul Hastings.
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McMahon SEC Settlement Warns Of Nondisclosure's Price
The U.S. Securities and Exchange Commission's recent financial nondisclosure settlement with former WWE CEO Vince McMahon illustrates the breadth of executives' reimbursement obligations under the Sarbanes-Oxley Act and highlights the importance of building robust internal corporate reporting processes, say attorneys at BCLP.
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Series
Racing Corvettes Makes Me A Better Lawyer
The skills I use when racing Corvettes have enhanced my legal practice in several ways, because driving, like practicing law, requires precision, awareness and a good set of brakes — complete with the wisdom to know how and when to use them, says Kat Mateo at Olshan Frome.
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The Political Branches Can't Redefine The Citizenship Clause
The U.S. Supreme Court’s Wong Kim Ark opinion and subsequent decisions, and the 14th Amendment’s legislative history, establish that the citizenship clause precludes the political branches from narrowing the definition of citizen based on how a parent’s U.S. presence is categorized, says federal public defender Geremy Kamens.