New York

  • October 16, 2025

    Wall Street Giants Sued Over Alleged Stock Manipulation

    An investor in Israeli chipmaker Eltek Ltd. has sued Morgan Stanley Smith Barney LLC and Interactive Brokers Group Inc., alleging they had a role in a complex stock price manipulation scheme that played out over years, causing trading prices for the tech company's shares to be "irrationally depressed."

  • October 16, 2025

    States Battle Trump Admin To Recover Solar Program Funds

    Attorneys general from across the country are suing the Trump administration for allegedly violating the Constitution and federal law by canceling a $7 billion program providing solar equipment to low-income households.

  • October 16, 2025

    Reed Smith Booted From Eletson Ch. 11 Over Client's Existence

    A New York bankruptcy judge disqualified Reed Smith LLP from continued work in the Chapter 11 case of reorganized oil and gas shipping company Eletson Holdings on Thursday, saying the law firm's clients no longer exist.

  • October 16, 2025

    BakerHostetler Adds Loeb & Loeb Corporate Group In NY

    BakerHostetler hired a quartet of dealmaking partners from Loeb & Loeb LLP for the firm's business practice group Thursday as part of its efforts to deepen capabilities in mergers and acquisitions, private equity and debt finance.

  • October 16, 2025

    MoneyLion Settles CFPB's Suit Over Military Service Charges

    The Consumer Financial Protection Bureau and MoneyLion Inc. will settle a Biden-era enforcement action accusing the fintech lender of overcharging military service members, according to a filing in New York federal court.

  • October 16, 2025

    Many NY Trial Judges Elevated In Secret, Report Finds

    Hundreds of New York state judges are permanently elevated to top trial courts via a secretive appointment process, according to a report released Thursday.

  • October 16, 2025

    4th Circ. OKs $811M Award In CFPB Immigrant Bond Co. Suit

    The Fourth Circuit has affirmed an $811 million judgment awarded to the Consumer Financial Protection Bureau in its enforcement case against immigrant bond companies accused of engaging in abusive practices.

  • October 16, 2025

    Hospital Insurer Seeks Ch. 15 After NY Child Abuse Claims

    Northeast Insurance Co., a captive insurer for several hospitals and a Jewish nonprofit, asked a New York bankruptcy judge for Chapter 15 recognition of its Bermuda liquidation filing, saying it was rendered insolvent by claims stemming from the state's Child Victims Act.

  • October 15, 2025

    MIT Grads Tell Jury $25M Crypto Score Was No Heist

    Counsel for two Massachusetts Institute of Technology-educated brothers accused of pinching $25 million from Ethereum blockchain traders in a seconds-long bait and switch heist told a Manhattan federal jury Wednesday that it was actually a legitimate trading strategy in the "new, hard-charging" crypto trading environment.

  • October 15, 2025

    Valve Seeks To Toss 'Overlapping' $21M Arbitration Fee Suit

    Valve Corp. is asking a Seattle federal judge to throw out a proposed class action seeking nearly $21 million in arbitration fees from the software company, claiming the suit is part of a scheme by law firm Mason LLP in which attorneys are seeking identical relief through redundant court challenges.

  • October 15, 2025

    Saudi Arabia Fights $100M Arbitral Award To Qatar Pharma

    The Kingdom of Saudi Arabia has urged a New York federal judge not to confirm a nearly $100 million arbitral award granted to a Qatari pharmaceutical distributor and its chairman, saying it is immune from suit and did not agree to arbitration.

  • October 15, 2025

    Trump Fundraiser Guilty Of Mar-A-Lago Straw Donor Scheme

    A New York man who raised funds for President Donald Trump's 2020 reelection campaign was found guilty Wednesday of making straw donor contributions under others' names, a scheme prosecutors said was partly intended to help Chinese nationals gain access to Trump.

  • October 15, 2025

    JPMorgan Dinged By Judge For Raising Arbitration Issue Late

    A Washington federal judge hinted on Wednesday that she's likely to stand by her past decision spurning JPMorgan Chase's attempt to force arbitration of a customer's racial discrimination claims, suggesting the bank lost its chance to make the points it's now relying on to persuade the court to reconsider.

  • October 15, 2025

    Fed. Circ. Won't Halt Magistrate Trial In Google Patent Case

    The Federal Circuit on Wednesday denied a request from a location tracking patent owner to prevent a magistrate judge from holding a bench trial on Google's equitable defenses to his infringement claims, saying the patent owner had not shown that proceeding with the case and filing an appeal after a judgment would be inadequate.

  • October 15, 2025

    BofA, BNY Mellon Accused Of Enabling Epstein's Crimes

    Bank of America and the Bank of New York Mellon Corp. are the latest banks accused of enabling Jeffrey Epstein's sex trafficking enterprise and failing to timely report the late sex offender's suspicious transactions, according to a pair of proposed class actions filed Wednesday in New York federal court.

  • October 15, 2025

    States Want To Keep Eye On $14B HPE-Juniper Deal Review

    The Justice Department is in the middle of trying to settle its challenge to Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks, but a dozen states are now trying to get involved and have asked a California federal judge to allow them to intervene in the litigation.

  • October 15, 2025

    Travelers Unit Says Liberty Can't Recoup Injury Suit Costs

    A Travelers unit said it doesn't owe two Liberty Mutual insurers over $2 million in defense and indemnity costs incurred in an underlying injury suit against their mutual insured, telling a New York federal court the other carriers are passing off the bill after "unilaterally and strategically" settling the case.

  • October 15, 2025

    Syracuse Diocese Gets OK For More Insurance Settlements

    A New York bankruptcy judge Wednesday approved nine remaining settlements with insurance companies for the Roman Catholic Diocese of Syracuse as part of its Chapter 11 plan, following her approval of two earlier deals with insurers in August.

  • October 15, 2025

    2nd Circ. Won't Block NY Ammo Sales Background Check Law

    The Second Circuit on Wednesday decided not to block enforcement of a New York law requiring background checks for ammunition sales, finding the "mere inconveniences" of a potential delay and a $2.50 fee don't meaningfully constrain the plaintiffs' Second Amendment rights.

  • October 15, 2025

    Lender Sues For Access To High-Tech Kiosks After Default

    A company that makes high-tech vending machines that dispense beauty and personal hygiene products has defaulted on a loan and is refusing to turn over credentials to keep the kiosks in operation, according to a suit filed in Massachusetts state court.

  • October 15, 2025

    Geico Says Cos. Owe $415K For Fraudulent Med Gear Scheme

    A group of Geico auto insurers told a New York federal court that they are entitled to recoup $415,000 from companies that they allege submitted hundreds of fraudulent no-fault insurance claims, totaling over $1.25 million, for unnecessary durable medical equipment.

  • October 15, 2025

    States Seek To Revive FEMA's Disaster-Mitigation Funding

    A group of 22 states and the District of Columbia urged a Massachusetts federal court Wednesday to block the Trump administration's termination of a disaster mitigation program under the Federal Emergency Management Agency, arguing such authority lies with Congress.

  • October 15, 2025

    NY Court Tosses Most Of Ex-Lil Wayne Atty's Contract Claims

    A New York state judge has dismissed most counterclaims a former attorney for Lil Wayne pursued in a fee dispute with his ex-client, but the lawyer may still attempt to collect some funds he claims to be owed by the rap star.

  • October 15, 2025

    Ex-WH Ethics Attys Slam 'Vindictive' Comey, James Charges

    Three former White House ethics attorneys have filed complaints with the U.S. Department of Justice over what they call the "vindictive and meritless" criminal prosecutions of former FBI Director James Comey and New York Attorney General Letitia James.

  • October 15, 2025

    NYC Hotel Must Hand Over Tax Credits In Bankruptcy

    The owners of a boutique hotel in Brooklyn and its management company must return pandemic-era refundable tax credits that they received as the hotel filed for Chapter 11 bankruptcy protection, a New York bankruptcy judge ruled, saying they had unfairly pocketed the money at the bankruptcy estate's expense.

Expert Analysis

  • Series

    Traveling Solo Makes Me A Better Lawyer

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    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.

  • NY Zelle Suit Highlights Fraud Risks Of Electronic Payments

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    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.

  • Opinion

    Courts Must Continue Protecting Plaintiffs In Mass Arbitration

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    In recent years, many companies have imposed onerous protocols that function to frustrate plaintiffs' ability to seek justice through mass arbitration, but a series of welcome court decisions in recent months indicate that the pendulum might be swinging back toward plaintiffs, say Raphael Janove and Sasha Jones at Janove Law.

  • Series

    Law School's Missed Lessons: Client Service

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    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.

  • Bid Protest Spotlight: Documentation, Overrides, Eligibility

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    Recent decisions by the U.S. Court of Federal Claims and the U.S. Government Accountability Office illustrate the importance of contemporaneous documentation in proposal evaluations, the standards for an agency’s override of a Competition in Contracting Act stay, and the regulatory requirements for small business joint ventures, says Cody Fisher at MoFo.

  • A Primer For Lenders On NY's New Mortgage Disclosure Regs

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    A recent New York regulation requiring licensed lenders and mortgage bankers to distribute a significant new disclosure pamphlet, essentially a borrower bill of rights, to applicants serves as a reminder to the industry to follow existing best practices, says Scott Samlin at Blank Rome.

  • Enter The Wu-Tang Ruling That May Change Trade Secret Law

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    A New York federal court's recent holding that a Wu-Tang Clan album qualifies as a trade secret provides the first federal framework for analyzing trade secret claims involving assets valued primarily for exclusivity, potentially reshaping Defend Trade Secrets Act jurisprudence for the digital economy, says Jason Bradford at Jenner & Block.

  • How Financial Cos. Can Prep As NYDFS Cyber Changes Loom

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    Financial institutions supervised by the New York State Department of Financial Services can prepare for two critical cybersecurity requirements relating to multifactor authentication and asset inventories, effective Nov. 1, by conducting gap analyses and allocating resources to high-risk assets, among other steps, say attorneys at Pillsbury.

  • Series

    Adapting To Private Practice: 3 Tips On Finding The Right Job

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    After 23 years as a state and federal prosecutor, when I contemplated moving to a law firm, practicing solo or going in-house, I found there's a critical first step — deep self-reflection on what you truly want to do and where your strengths lie, says Rachael Jones at McKool Smith.

  • Breaking Down The Intersection Of Right-Of-Publicity Law, AI

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    Jillian Taylor at Blank Rome examines how existing right-of-publicity law governs artificial intelligence-generated voice-overs, deepfakes and deadbots; highlights a recent New York federal court ruling involving AI-generated voice clones; and offers practical guardrails for using AI without violating the right of publicity.

  • Series

    Painting Makes Me A Better Lawyer

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    Painting trains me to see both the fine detail and the whole composition at once, enabling me to identify friction points while keeping sight of a client's bigger vision, but the most significant lesson I've brought to my legal work has been the value of originality, says Jana Gouchev at Gouchev Law.

  • NY AML Rules Get Crypto Rebrand: What It Means For Banks

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    A recent letter from the New York State Department of Financial Services outlining how banks can use blockchain analytics in anti-money laundering efforts is a reminder that crypto activity is not exempted from banks' role in keeping the financial system safe, says Katherine Lemire at Lankler Siffert.

  • 3 Trends From AI-Related Securities Class Action Dismissals

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    A review of recently dismissed securities class actions centering on artificial intelligence highlights courts' scrutiny of statements about AI's capabilities and independence, and sustained focus on issues that aren't AI-specific, say attorneys at Alston & Bird.

  • 5 Evolving Marketing Risks That Finance Cos. Should Watch

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    Financial services providers should beware several areas where consumer protection regulators are broadening their scrutiny of modern marketing practices, such as the use of influencer testimonials or advertisements touting artificial intelligence-powered products, so they can better adapt to changing expectations for compliance, say attorneys at Hinshaw.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

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