New York

  • March 02, 2026

    Kirkland-Led Bregal Sagemount's 5th Fund Hits $3.5B Limit

    Growth-focused private equity shop Bregal Sagemount, led by Kirkland & Ellis LLP, on Monday announced it had wrapped up fundraising for its fifth fund after securing $3.5 billion in capital commitments.

  • February 28, 2026

    2nd Circuit Says IRS Can Apply Foreign Biz Reporting Penalty

    The Internal Revenue Service may use administrative assessment to collect penalties from a taxpayer for failing to report control of a foreign business from 2005 to 2009, the Second Circuit held Friday, vacating a U.S. Tax Court ruling.

  • February 27, 2026

    Otterbourg Chiefs' $20M Suit Against Atty Nixed For Now

    A Connecticut federal judge Friday tossed a $20 million lawsuit by Otterbourg's leadership against an ex-partner they allege improperly accessed their personal files, saying New York law applies and that state doesn't recognize an "intrusion upon seclusion" claim, and they can replead with a claim for intentional infliction of emotional distress.

  • February 27, 2026

    KuCoin Operators Again Seek To Shed $1.2M Crypto Theft Suit

    Operators of cryptocurrency exchange KuCoin seek to shed the latest revision of a cryptocurrency theft victim's proposed class action, arguing that the amended suit's conversion and aiding and abetting allegations fare no better than the Racketeer Influenced and Corrupt Organizations Act and Bank Secrecy Act claims that were tossed in January.

  • February 27, 2026

    REIT Execs Hurt Investors With Dividend 'Reset,' Suit Says

    Real estate investment trust Franklin BSP Realty Trust Inc. is facing a proposed investor class action in New York federal court alleging it concealed the possibility that it would cut its quarterly dividend payouts, hurting investors when it announced a dividend "reset" and its share price subsequently fell.

  • February 27, 2026

    Morgan Stanley Joins Ranks Of OCC Crypto Bank Hopefuls

    Morgan Stanley has applied with the Office of the Comptroller of the Currency to launch a new crypto-focused national bank, adding its name to a growing list of institutions pursuing federal trust charters for digital asset businesses.

  • February 27, 2026

    Real Estate Recap: Tariff Twist, EB-5 Chatter, Clean Air Clarity

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including real estate attorney reactions to the U.S. Supreme Court striking down certain tariffs, the EB-5 scene as deadlines loom and one BigLaw leader's insights into the potential overhaul of a key regulatory definition under the Clean Air Act.

  • February 27, 2026

    TD Bank Escapes $3-Fee Suit, NY Law Ruled Unconstitutional

    A New York federal judge on Friday dismissed, with prejudice, a suit alleging that TD Bank was illegally charging customers a $3 fee to receive monthly paper statements for their checking accounts, finding that the underlying statute on which the suit was based is unconstitutional.

  • February 27, 2026

    Optimum Says Apollo, BlackRock Bullied Kirkland Withdrawal

    Optimum Communications is escalating its fight accusing Apollo, Ares, BlackRock and other financial giants of an illegal joint campaign constricting its ability to refinance debt, amending its New York federal court complaint to also accuse the companies of "bullying" Kirkland & Ellis LLP into withdrawing as its transaction counsel.

  • February 27, 2026

    2nd Circ. Affirms Norfolk's Win In Investors' Derailment Suit

    The Second Circuit on Friday declined to revive a suit by investors claiming railroad operator Norfolk Southern Corp. botched disclosures about how an efficiency plan might cause derailments, validating a lower court's interpretation that the statements about safety were inactionable puffery.

  • February 27, 2026

    When Murder Charges Reach People Who Didn't Kill

    Felony murder murder charges permit people to be convicted of murder, even when they neither killed nor intended to kill. Critics say the charges drive excessive sentences, and a wave of reconsideration in courts and legislatures have led states like California to narrow their reach, while others are weighing whether the long prison terms tied to them are constitutional.

  • February 27, 2026

    NY Prisoner Gets Rare $600K Deal With Gibson Dunn's Help

    A man incarcerated in a New York state prison who was placed in solitary confinement for over six years has obtained a $600,000 settlement after filing a pro se lawsuit that drew the aid of pro bono counsel from Gibson Dunn & Crutcher LLP.

  • February 27, 2026

    Court OKs Policy Rescission In Hotel Shooting Coverage Suit

    An insurer for a Tulsa, Oklahoma, hotel was entitled to rescind its policy after the hotel was sued in connection with the fatal shooting of a guest by a security guard, a New York federal court ruled, saying the hotel misrepresented the presence of armed guards in its policy application.

  • February 27, 2026

    Judge Expands Block On SNAP Cuts Over Data Demand

    A California federal judge has broadened an injunction barring the U.S. Department of Agriculture from cutting off Supplemental Nutrition Assistance Program funding to 21 states and the District of Columbia, finding the states are likely to succeed in challenging the department's renewed demand for sensitive program data as unlawful.

  • February 27, 2026

    6 Arguments Sessions Benefits Attys Should Watch In March

    An ex-Wells Fargo worker will ask the Eighth Circuit to revive a suit challenging 401(k) forfeiture spending, the Trump administration will push the Ninth Circuit to greenlight its transgender health coverage policies and the Fourth Circuit will hear a severance fight from manufacturing plant workers. Here, Law360 looks at six oral argument sessions to watch out for in the coming month.

  • February 27, 2026

    Blue States Rally Behind Birthright Citizenship At High Court

    More than two dozen state and local governments urged the U.S. Supreme Court to reject President Donald Trump's effort to end automatic birthright citizenship, filing an amicus brief arguing that the executive order violates the Constitution and would impose sweeping harms on states and their residents.

  • February 27, 2026

    Developer Admits Stealing From Investors, On Hook For $13M

    A Florida developer told a Manhattan federal judge Friday that he misappropriated the proceeds of membership interests in real estate projects he pitched to investors, copping to a count of securities fraud and agreeing to forfeit up to $13 million.

  • February 27, 2026

    Tricolor Noteholders Say Big Banks Ignored Auto Loan Fraud

    Securitized auto loan investors are suing JPMorgan, Barclays and Fifth Third in New York federal court, alleging the banks ignored glaring red flags and helped conceal a sprawling subprime auto loan fraud by Tricolor Holdings that collapsed in bankruptcy last year.

  • February 27, 2026

    NYC Health Center Sues HHS Over $31M Medicare Repayment

    The U.S. Department of Health and Human Services is unlawfully attempting to recoup more than $31 million in Medicare overpayments made during the COVID-19 pandemic, a New York City skilled nursing center told a federal court, saying it shouldn't have to repay the money.

  • February 27, 2026

    Seneca Nation Gains Sovereignty Over 200 Acres In New York

    New York's Seneca Nation has received approval from the U.S. Department of the Interior to place more than 200 acres of its ancestral homelands into restricted fee status.

  • February 26, 2026

    Ex-Morgan Stanley Pro's NBA Fraud Rap Falls Short, Jury Told

    An attorney for a former Morgan Stanley investment adviser accused of defrauding NBA stars by feeding them overpriced insurance investments and stealing funds told a Manhattan federal jury Thursday the players' own words and other evidence belie the government's claims.

  • February 26, 2026

    Maduro Says Charges Must Be Nixed Due To US 'Interference'

    Former Venezuelan President Nicolás Maduro urged a New York federal court on Thursday to dismiss the U.S. government's narco-terrorism conspiracy case against him, saying the government was interfering with his constitutional right to present a defense by not letting the Venezuelan government pay his legal fees with "untainted funds."

  • February 26, 2026

    Binance Loses Bid To Arbitrate Proposed Securities Action

    A New York federal judge on Thursday rejected Binance's request to force customers to arbitrate their proposed class action accusing the crypto exchange of improperly selling securities, ruling that customers weren't adequately notified of an arbitration clause added to its terms of use.

  • February 26, 2026

    $100M AI Token Dump Suit Can't Be Heard In NY, Founders Say

    Co-founders of a digital asset issuer and an associated crypto organization seek to shed a lawsuit accusing them of conspiring to improperly extract over $100 million from an open-source artificial intelligence coalition, arguing Wednesday that a Manhattan federal court doesn't have jurisdiction over the Romania- and Germany-based defendants or the decentralized organization.

  • February 26, 2026

    Exec To Pay SEC Fine Over Fake Berkshire Hathaway Deal

    A former Brazilian reinsurance executive will pay a $500,000 civil penalty to end U.S. Securities and Exchange Commission allegations that he improperly sought to boost shares of his company by means of planting false stories that Warren Buffett's Berkshire Hathaway had acquired a significant stake in the business.

Expert Analysis

  • What To Watch As NY LLC Transparency Act Is Stuck In Limbo

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    Just about a month before it's set to take effect, the status of the New York LLC Transparency Act remains murky because of a pending amendment and the lack of recent regulatory attention in New York, but business owners should at least prepare for the possibility of having to comply, says Jonathan Wilson at Buchalter.

  • Opinion

    Despite Deputy AG Remarks, DOJ Can't Sideline DC Bar

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    Deputy Attorney General Todd Blanche’s recent suggestion that the D.C. Bar would be prevented from reviewing misconduct complaints about U.S. Department of Justice attorneys runs contrary to federal statutes, local rules and decades of case law, and sends the troubling message that federal prosecutors are subject to different rules, say attorneys at HWG.

  • Rule Amendments Pave Path For A Privilege Claim 'Offensive'

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    Litigators should consider leveraging forthcoming amendments to the Federal Rules of Civil Procedure, which will require early negotiations of privilege-related discovery claims, by taking an offensive posture toward privilege logs at the outset of discovery, says David Ben-Meir at Ben-Meir Law.

  • Series

    My Miniature Livestock Farm Makes Me A Better Lawyer

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    Raising miniature livestock on my farm, where I am fully present with the animals, is an almost meditative time that allows me to return to work invigorated, ready to juggle numerous responsibilities and motivated to tackle hard issues in new ways, says Ted Kobus at BakerHostetler.

  • Litigation Funding Could Create Ethics Issues For Attorneys

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    A litigation investor’s recent complaint claiming a New York mass torts lawyer effectively ran a Ponzi scheme illustrates how litigation funding arrangements can subject attorneys to legal ethics dilemmas and potential liability, so engagement letters must have very clear terms, says Matthew Feinberg at Goldberg Segalla.

  • E-Discovery Quarterly: Recent Rulings On Dynamic Databases

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    Several recent federal court decisions illustrate how parties continue to grapple with the discovery of data in dynamic databases, so counsel involved in these disputes must consider how structured data should be produced consistent with the requirements of the Federal Rules of Civil Procedure, say attorneys at Sidley.

  • Comey Case Highlights Complex Speedy Trial Rights Calculus

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    Former FBI Director James Comey’s decision to waive his Speedy Trial Act rights in the false statement prosecution against him serves as a reminder that the benefits of invoking these rights are usually outweighed by the risks of inadequate preparation, but it can be an effective strategy in the right case, says Sara Kropf at Kropf Moseley.

  • Where Crypto Mixing Enforcement Is Headed From Here

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    Recent developments involving crypto mixers, particularly the Tornado Cash verdict, demonstrate that the Justice Department's shift away from regulation by prosecution does not mean total immunity, rather reflecting an approach that prioritizes both innovation and accountability, says David Tarras at Tarras Defense.

  • Courts Stay Consistent In 'Period Of Restoration' Rulings

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    Three recent rulings centering on the period of restoration in lost business income claims followed the same themes in interpreting this infrequently litigated, but highly consequential, provision of first-party property and time element insurance coverage, say attorneys at Zelle.

  • Recent Rulings Show When PIPs Lead To Employer Liability

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    Performance improvement plans may have earned their reputation as the last stop before termination, and while a PIP may be worth considering if its goals can be achieved within a reasonable time frame, several recent decisions underscore circumstances in which they may aggravate employer liability, says Noah Bunzl at Tarter Krinsky.

  • Legal Guardrails For AI Tools In The Hiring Process

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    Although artificial intelligence can help close the gaps that bad actors exploit in modern recruiting, its precision also makes it subject to tighter scrutiny, meaning new regulatory regimes should be top of mind for U.S.-centric employers exploring fraud-focused AI-enabled tools, say attorneys at Ogletree.

  • Series

    Building With Lego Makes Me A Better Lawyer

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    Building with Lego has taught me to follow directions and adapt to unexpected challenges, and in pairing discipline with imagination, allows me to stay grounded while finding new ways to make complex deals come together, says Paul Levin at Venable.

  • The Rise Of Trade Secret Specificity As A Jury Question

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    Recent federal appellate court decisions have clarified that determining sufficient particularity under the Defend Trade Secrets Act is a question of fact and will likely become a standard jury question, highlighting the need for appropriate jury instructions that explicitly address the issue, says Amy Candido at Simpson Thacher.

  • Wading Into NY Wetland Regs' 2025 Changes And Challenges

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    Solar developers in New York should keep a weather eye on litigation challenging the New York Department of Environmental Conservation’s recently expanded authority to regulate wetlands and waterways, which could erode the impact of a new permitting process meant to streamline solar development on protected wetlands, say attorneys at Foley Hoag.

  • Series

    Law School's Missed Lessons: Networking 101

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    Cultivating a network isn't part of the law school curriculum, but learning the soft skills needed to do so may be the key to establishing a solid professional reputation, nurturing client relationships and building business, says Sharon Crane at Practising Law Institute.

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