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April 23, 2026
Robinhood Hit With Class Action Over Illegal Sports Betting
A proposed class action California, Michigan, New Jersey and New York residents filed against Robinhood Markets Inc. accuses the company of deceptively running an unlicensed sports gambling operation and seeks to recover billions of dollars in lost wagers and damages.
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April 23, 2026
5-Hour Energy Founder Blasts Fired Exec's Severance Claims
Billionaire energy drink mogul Manoj Bhargava told a Manhattan federal jury Thursday that he fired an executive from a publishing business he bought because the executive helped run it "into the ground" — pushing back against the man's severance claims.
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April 23, 2026
Spirit In 'Advanced' Talks With Gov't For Ch. 11 Financing
Spirit Aviation is in "very advanced discussions" on a government-funded financing package after the war in Iran derailed its second Chapter 11's plans, one of the budget airline's attorneys said at a Thursday bankruptcy hearing in New York.
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April 23, 2026
Another 'Inventing Anna' Attorney Gets Disbarred
A New York state appeals court has accepted the resignation of a New York City attorney amid a misconduct investigation, reportedly leaving high-profile socialite scammer Anna Sorokin without legal counsel while facing fee claims from her former lawyer, according to a Thursday notice by opposing counsel.
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April 23, 2026
ICE Courthouse Arrest Policy Faces New Stay Bid After Error
Civil rights groups suing the U.S. government to block immigration courthouse arrests asked a New York federal judge to stay the enforcement of the arrest policy, arguing that government attorneys have retracted their original position on the legality of the arrests.
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April 23, 2026
Dechert Leads StepStone On $1.58B Credit Fund
Dechert LLP-led private investment firm StepStone Group Inc. on Thursday revealed that it wrapped fundraising for its second credit fund well above target after securing $1.58 billion in commitments.
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April 23, 2026
Mobile Game Co. Hit With $420M Verdict In False Ad Trial
Papaya Gaming Ltd. on Thursday was hit with a jury verdict in New York telling it to pay $420 million in damages in a trial over its alleged misrepresentations about its mobile games being based on skill and not using bots.
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April 23, 2026
Sterlington Hires Int'l Disputes Pro From Quinn Emanuel
Sterlington PLLC has announced the hiring of an arbitrator and commercial litigator who handled a wealth of high-stakes international disputes during his decade with Quinn Emanuel Urquhart & Sullivan LLP.
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April 22, 2026
Pal Of Ex-Beneficient CEO Aided Fraud Cover-Up, Jury Hears
A childhood friend of the founder and former CEO of Dallas-based financial services firm Beneficient on Wednesday told a Manhattan federal jury that he fabricated email correspondence and signed documents misstating his time as head of what prosecutors say was a shell company used to pull off a $100 million fraud.
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April 22, 2026
Goldman Nears Deal With Investors Over 1MDB Scandal
Goldman Sachs has reached a settlement-in-principle with investors claiming losses from the 1MDB bond bribery scandal, according to a joint letter filed in New York federal court on Wednesday.
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April 22, 2026
Coinbase, Gemini Nudge NY 'Gambling' Cases To Fed. Court
A day after being sued by the New York Attorney General's Office for allegedly running illegal gambling operations through sports and election event contract offerings, Coinbase and Gemini on Wednesday sent the cases to federal court, claiming their services are federally regulated by the U.S. Commodity Futures Trading Commission and not state gambling regulators.
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April 22, 2026
SBF Says He Wrote New Trial Bid Himself, But Asks To Pull It
Imprisoned FTX founder Sam Bankman-Fried has told a New York federal judge that, although his attorney parents made suggestions regarding his motion for a new trial, he wrote the brief himself, but now wants to withdraw the request, because he doesn't "believe I will get a fair hearing on this topic in front of you."
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April 22, 2026
Family Files Negligence Suit Over NY Helicopter Crash
The estates of the Barcelona family who died in a helicopter crash over the Hudson River last year have accused the New York tour charter company and its owner of negligently maintaining the helicopter, which broke apart midair, according to a new Manhattan state court complaint.
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April 22, 2026
Music Cos. Drop Verizon Copyright Suit After Cox Decision
Music companies that accused Verizon Communications Inc. of profiting from its customers' online piracy told a New York federal court on Wednesday that they were dropping their case, which had been paused while the U.S. Supreme Court considered similar claims against another internet service provider, Cox Communications.
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April 22, 2026
Citizenship Questions Can't End Fraud Suit Against SL Green
A New York federal judge on Wednesday refused to toss a fraud suit accusing office-focused real estate investment trust SL Green Realty Corp. and several of its entities of conducting a fraudulent property transfer scheme in order to dodge a nearly $13 million judgment, ruling that allegations regarding the plaintiff's citizenship at the time it filed suit will have to be resolved later.
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April 22, 2026
Costco Says '100% Agave' Tequila Suit Belongs In Mexico
Costco has urged a Washington federal judge to dismiss a lawsuit accusing the retailer of falsely labeling its Kirkland Signature tequila as made from pure agave, arguing that a U.S. court exercising jurisdiction over the case would interfere with Mexico's "exclusive sovereign authority to determine what is and is not 100% agave tequila."
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April 22, 2026
Consolidation Recommended For NY Hospital Antitrust Cases
Two antitrust lawsuits accusing New York-Presbyterian Hospital of using anticompetitive tactics when negotiating with insurers should move forward as one, a New York magistrate judge said Wednesday, encouraging a federal district judge to consolidate the proposed class actions filed by a pair of union benefit funds.
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April 22, 2026
Nexstar Appeals Order Blocking $6.2B Tegna Merger
Nexstar Media Group Inc. has made good on its promise to appeal an order preventing it from fully merging with Tegna Inc., as the broadcasters fight a challenge of the $6.2 billion deal from state enforcers and satellite provider DirecTV.
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April 22, 2026
Bayer 'Natural' Vitamin Buyer Classes Affirmed By 9th Circ.
A split Ninth Circuit on Tuesday upheld a federal district court's certification of New York and California classes of consumers who bought Bayer Healthcare multivitamin gummies that were allegedly labeled falsely as "natural," finding the company "demands more" from the plaintiffs at this stage of the litigation than certification requires.
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April 22, 2026
$16B YPF Argentina Feud Will Go To Arbitration
Investors in Argentina's largest oil and gas exploration company confirmed to a New York federal judge Tuesday that they will pursue arbitration in their $16 billion fight with the country, and are now seeking permission to use discovery obtained in the case in the parallel claim.
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April 22, 2026
Tennis Org. Says WTA Broke Bylaw To Try To Remove Rep
The International Tennis Federation has accused the Women's Tennis Association of trying to remove its representative from the WTA board of directors without the representative's approval, according to a suit in New York federal court.
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April 22, 2026
2nd Circ. Amends Revival Of Mortgage-Backed Securities Suit
The Second Circuit on Wednesday pulled back from a holding that mortgages underlying a union pension fund's mortgage-backed securities investments that tanked during the financial crisis were plan assets under federal benefits law in a proposed class action that the appellate court revived in March against Wells Fargo and Ocwen.
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April 22, 2026
Illinois Judge Sends Kalshi Gambling Suit To New York
An Illinois federal judge transferred a putative class action accusing Kalshi Inc. of violating Illinois gambling and consumer protection laws to New York, which has consolidated similar lawsuits claiming the platform falsely markets itself as a "prediction market," when it is actually running an illegal sports gambling operation.
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April 22, 2026
Justices Would Back Vax Law Challenge, 2nd Circ. Told
The U.S. Supreme Court's March 2 decision in a California gender-related school policy case requires the Second Circuit to advance a 2023 challenge to Connecticut's preschool and daycare student vaccine mandates, an attorney for a Constitution State congregation told a three-judge panel on Wednesday.
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April 22, 2026
NY Gov. Bans State Officials Using Inside Info For Online Bets
New York Gov. Kathy Hochul signed an executive order Wednesday blocking state officials from trading on prediction markets using insider information they obtained during the course of their official duties, citing recent reports of bets related to the U.S. military action within Venezuela and the war in Iran.
Expert Analysis
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Justices May Hesitate To Limit Courts' Arbitration Review
Based on Monday's argument in Jules v. Andre Balazs, the U.S. Supreme Court seems poised to preserve federal jurisdiction over arbitral award enforcement stemming from actions originated in federal court, a holding that would markedly limit the court's 2022 Walters v. Badgerow decision, says Ashwini Jayaratnam at DarrowEverett.
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Series
Ultramarathons Make Me A Better Lawyer
Completing a 100-mile ultramarathon was tougher, more humbling and more rewarding than I ever imagined, and the experience highlighted how long-distance running has sharpened my ability to adapt to the evolving nature of antitrust law and strengthened my resolve to handle demanding, unforeseen challenges, says Dan Oakes at Axinn.
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State FARA Laws Pose Unique Constitutional Challenges
Several states have recently enacted foreign agent registration and disclosure regimes that were modeled after the Foreign Agents Registration Act, but these state laws raise several constitutional questions, including concerns about preemption, speech and petition, and vagueness, says Alexandra Langton at Covington.
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Getting The Most Out Of Learning And Development Programs
Excerpt from Practical Guidance
Junior associates can better develop the legal, business and interpersonal skills they need for long-term success by approaching their firms’ learning and development programs armed with five tips for getting the most out of these resources, says Lauren Hakala at Reed Smith.
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Proposed Oracle Act Tests NY's Prediction Markets Clout
New York's proposed Oracle Act could if passed force a high-stakes showdown over event contracts in the prediction markets as well as state gambling laws, and legal practitioners should closely monitor litigation, parallel developments in other states, Commodity Futures Trading Commission rulemaking and congressional action, says Linda Goldstein at CM Law.
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Del. Blackbaud Ruling Signals A New Era For Cyberinsurance
The recent Delaware Supreme Court ruling in Travelers v. Blackbaud shows that cyberinsurance is moving into a second maturity phase, in which insurers will increasingly attempt to recover their payments from vendors and insureds will face new pressure to justify cyber incident reimbursements, say Steven Teppler at Mandelbaum Barrett and Jade Davis at Shumaker.
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Opinion
AI Presents A Make-Or-Break Moment For Outside Counsel
The rapid adoption of artificial intelligence by corporate legal departments is forcing a long-overdue reset of the relationship between inside and outside counsel, and introducing a significant opportunity to shed frustrating inefficiencies and strengthen collaboration for firms willing to embrace the shift, says Intel Chief Legal Officer April Miller Boise.
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State Carbon Cost Disparities Are Pivotal In Data Center Siting
When choosing U.S. data center locations, developers must carefully consider the patchwork of state and regional carbon emission pricing regimes that are layered on top of the federal permitting framework, creating compliance cost differentials that could add up to billions of dollars, say attorneys at Davis Graham.
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NFL Hiring Bias Ruling Signals Trend Away From Arbitration
A New York federal court's recent decision in Flores v. NFL, declining to compel arbitration in a class action alleging racial discrimination in the league's hiring practices, reflects courts' increasing reluctance to allow private dispute resolution for systemic discrimination claims, says Masood Ali at Segal McCambridge.
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Grammarly Suit Flags Right Of Publicity As Key AI Issue
Angwin v. Superhuman Platform, filed recently in New York federal court against the parent company of Grammarly, highlights an overlooked question for any company using artificial intelligence — whether someone's identity has been used for commercial purposes without consent, possibly violating rapidly shifting state right-of-publicity laws, says Nicholas Schneider at Eckert Seamans.
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When 'Qualified Transferees' Can Chill UCC Foreclosures
A recent New York state court decision in a closely watched real estate dispute in WWP Mezz LLC v. WWP Mezz Investment Co. is a reminder to lenders, and a warning to borrowers, of the Uniform Commercial Code foreclosure's immense power as a lender remedy, says Joshua Wurtzel at Schlam Stone.
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When Class Certification Issues And Crypto Nuance Collide
A New York federal court's recent ruling in In re: Tether and Bitfinex highlights that crypto companies should expect courts to apply conventional class action principles to novel digital asset markets, albeit with careful attention paid to the unique features of crypto trading, say attorneys at Duane Morris.
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Series
Watching Hallmark Movies Makes Me A Better Lawyer
I realize you may be judging me for watching, and actually enjoying, Hallmark Channel movies, but the escapism and storylines actually demonstrate qualities and actions that lead to an efficient, productive and positive legal practice, says Karen Ross at Tucker Ellis.
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Keys To Federal Carbon Compliance In Data Center Siting
Recent statements from the White House and state governors about making data centers pay for their own power infrastructure have underlined the importance of choosing locations, generation technologies and deal structures to optimize carbon, permitting and compliance costs, say attorneys at Davis Graham.
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NY Bill Elevates Criminal Risk For 'Shadow' Crypto Firms
New York's proposed CRYPTO Act would expose unlicensed digital asset operators to criminal penalties ranging from state misdemeanor charges to felony convictions, potentially marking a significant shift in how New York — already among the most aggressive crypto regulators — oversees virtual currency businesses, say attorneys at Crowell & Moring.