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December 05, 2025
2nd Circ. Upholds Toss Of Barclays Investor Case
The Second Circuit on Friday affirmed the dismissal of a proposed securities class action accusing Barclays PLC of misleading investors about its internal controls before the bank accidentally oversold billions of dollars' worth of exchange-traded notes, finding the complaint did not allege that the bank's executives acted with fraudulent intent.
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December 05, 2025
Virtual Asset Fund Sues Game Dev Over Delays, NFT Fraud
An investment fund specializing in virtual "real estate" has accused a game developer of violating securities laws and breaching an agreement by failing to timely deliver an unregistered NFT associated with its unreleased game.
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December 05, 2025
Factory Mutual Sued For $14M In Lost Power Plant Revenue
A power plant owner hit Factory Mutual Insurance Co. with a suit in New York federal court alleging the insurer wrongly withheld at least $14 million in coverage for lost revenue following an outage.
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December 05, 2025
9th Circ. Won't Unfreeze Trump Cuts To Student Mental Health
The Ninth Circuit rejected the Trump administration's effort to undo a lower court's pause on federal funding reductions to K-12 mental health services, siding with a coalition of 16 states seeking to preserve programs established in the wake of high-profile school shootings.
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December 05, 2025
For NY Inmate, Jamaica's Violence Waits Outside Prison Walls
Jamaican-born Eric Tolliver is nearing the end of his 33-year prison sentence in New York, but what waits for him on the other side might be worse: deportation to his home country, where many want him dead.
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December 05, 2025
How A Little-Known Law Protects Families In ICE Crackdown
As noncitizen families face a heightened threat of detention and deportation, a legal process originally crafted during the AIDS crisis to keep children in the care of trusted adults during an abrupt separation has taken on new urgency.
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December 05, 2025
Feds Seek 12 Years For Founder's 'Devastating' Crypto Fraud
Federal prosecutors say Terraform founder Do Kwon should face 12 years in prison, arguing that he "fled from the wreckage" after misleading investors ahead of a $40 billion collapse of his stablecoin crypto project.
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December 05, 2025
Iraqi Kurdish Gov't To Fight Immunity Ruling In $490M Feud
The Kurdistan Regional Government of Iraq will appeal a ruling denying its sovereign immunity defense in litigation filed by a subsidiary of Kuwaiti logistics firm Agility Public Warehousing Co. to enforce a $490 million judgment against it.
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December 05, 2025
High Court To Weigh Courts' Power Over Arbitration Awards
The U.S. Supreme Court agreed Dec. 5 to consider whether federal courts have the authority to confirm or overturn arbitration awards arising out of cases they previously exercised authority over, taking up a tricky legal question stemming from a laid-off security guard's discrimination case.
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December 05, 2025
NYC Official Challenges Charge Stemming From ICE Dustup
New York City Comptroller Brad Lander on Friday denied obstructing Immigration and Customs Enforcement agents as he monitored proceedings at a building where immigrants have been detained in President Donald Trump's crackdown, saying he intends to prove ICE was at fault for a scuffle that ensued.
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December 05, 2025
Energy Dept. Defends $7.5B Grant Cuts In Political Bias Case
The U.S. Department of Energy has urged a federal judge in Washington not to block its termination of energy project grants worth more than $7.5 billion, arguing there is no merit to claims alleging the federal government unconstitutionally targeted funds for Democratic-leaning states.
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December 05, 2025
ERISA Recap: 4 Rulings Worth Paying Attention To From Nov.
The Ninth Circuit striking down a class action win for transgender employee health plan participants who said their gender-affirming care denials were discriminatory is just one noteworthy Employee Retirement Income Security Act ruling from November. Here's a recap of that ruling and three others.
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December 05, 2025
FTC's Abandoned Pepsi Pricing Case Will Be Mostly Unsealed
A New York federal court agreed to largely unseal the Federal Trade Commission's price discrimination complaint against PepsiCo Inc. despite protests from the beverage company and the U.S. Chamber of Commerce after enforcers dropped the case earlier this year.
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December 05, 2025
NYT, Chicago Tribune Sue Perplexity Over 'Verbatim' Outputs
Adding to the heap of pending federal court cases launched by publishers against artificial intelligence companies, The New York Times and Chicago Tribune sued Perplexity AI in New York, claiming its search engine illegally scrapes content from their websites and spits out portions verbatim.
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December 05, 2025
2nd Circ. Backs Ex-Goldman Exec's 1MDB Conviction
Former Goldman Sachs managing director Roger Ng's attempt to overturn his conviction in the $6.5 billion 1MDB corruption scheme hit a wall Friday at the Second Circuit, where a panel categorically rejected his multipronged appeal.
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December 05, 2025
NY Court Grants Murder Retrial Due To Jury Instruction Error
A man sentenced to up to life in prison for murder after stabbing another man in a bar fight has been granted a new trial by a New York appeals court, which said his jury should have been allowed to consider whether he had acted in self-defense.
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December 05, 2025
Judge Denies Firms' Bid To Clarify CFPB's MoneyLion Deal
A New York federal judge has denied a request by consumer advocate law firms to add clarifying language to the Consumer Financial Protection Bureau's recently approved $1.75 million settlement with MoneyLion Technologies Inc., noting that the advocates did not seek to intervene in the suit and that the CFPB and MoneyLion both oppose the request.
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December 05, 2025
Long Island Real Estate Co. Files For Ch. 11 With $35M Debt
Long Island-based real estate holding company Giapreet LLC filed for Chapter 11 in a New York bankruptcy court with just over $35 million in liabilities.
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December 05, 2025
Office Owner SL Green Targets NYC Assets With $1.3B Fund
Office landlord SL Green Realty Corp. said Friday that it has closed a $1.3 billion oversubscribed fund targeting assets in New York City.
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December 05, 2025
Menendez Barred From Holding Public Office After Conviction
Former U.S. Sen. Robert Menendez has been permanently barred from holding any public office or position of trust in New Jersey, following his conviction on federal bribery and corruption charges, Attorney General Matthew J. Platkin announced Friday.
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December 04, 2025
NY AG Applauds Reports Grand Jury Declined To Reindict
New York Attorney General Letitia James Thursday hailed reports that a Norfolk, Virginia, federal grand jury had declined to reindict her on charges of mortgage fraud, refusing to revive a case that President Donald Trump had pushed prosecutors to pursue against his "guilty as hell" political opponent.
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December 04, 2025
Wheeling & Appealing: The Latest Must-Know Appellate Action
Is the False Claims Act constitutional? Will Mark Zuckerberg be deposed in high-profile privacy litigation? Did a major drugmaker's shenanigans cost investors nearly $7 billion? That's a small sample of the intriguing legal questions we're exploring in this preview of December's top appellate action.
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December 04, 2025
Trans Defendants Deserve 'Basic Respect,' Experts Say
The case of Justice Brett Kavanaugh's would-be assassin, who came out as a transgender woman following her arrest, illustrates how criminal courts can be unprepared for, or even hostile to, trans defendants, and experts tell Law360 that courts can make significant inroads by showing trans people a modicum of respect.
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December 04, 2025
Banks Ask Justices To Review Class Cert. In $12B VRDO Suit
A group of major banks has asked the U.S. Supreme Court to review a Second Circuit decision upholding class certification in a $12 billion municipal-bond antitrust lawsuit, arguing the district court erred in not resolving an expert witness evidence dispute before granting certification.
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December 04, 2025
OFAC Fines Real Estate Firm $7M Over Sanctions Violations
The Department of the Treasury's Office of Foreign Assets Control fined a New York property management company more than $7 million for allegedly violating Russian sanctions by receiving payments on behalf of a company owned by a sanctioned Russian oligarch.
Expert Analysis
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9 Jury Selection Lessons From The Combs Trial
U.S. District Judge Arun Subramanian’s unusually thorough jury selection process for the trial of Sean Combs offers attorneys and judges a master class in using case-specific juror questionnaires and extended attorney-led voir dire to impanel better juries that produce more just outcomes, say Kevin Homiak at Wheeler Trigg and Leslie Ellis at The Caissa Group.
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NY Bill Would Complicate Labor Law Amid NLRB Uncertainty
The New York Legislature passed a bill that, if enacted, would grant state agencies the power to enforce federal labor law, potentially causing significant challenges for employers as they could be subject to both state and federal regulators depending on the National Labor Relations Board's operational status, say attorneys at Sheppard Mullin.
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Associates Can Earn Credibility By Investing In Relationships
As the class of 2025 prepares to join law firms this fall, new associates must adapt to office dynamics and establish credible reputations — which require quiet, consistent relationship-building skills as much as legal acumen, says Kyle Forges at Bast Amron.
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New Colo. Teen Privacy Rules Signal National Regulatory Shift
Recently released proposed rule amendments to the Colorado Privacy Act that would create some of the most robust protections for minors' online data in the U.S. reflect an ongoing trend of states taking steps to extend privacy protection for their residents, complicating the compliance burden for companies, say attorneys at Morgan Lewis.
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Traditional Venue Theories May Not Encompass Crypto Fraud
A New York federal court's recent decision in U.S. v. Eisenberg, overturning a jury verdict against a crypto trader on venue deficiencies and insufficient evidence, highlights the challenges of prosecutions in the decentralized finance space, and will no doubt curtail law enforcement's often overly expansive view of jurisdiction and venue, say attorneys at Venable.
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A Shifting Trend In FDA Form 483 Disclosure Obligations
A New York federal court's Checkpoint Therapeutics decision extends a recent streak of dismissals of securities class actions alleging that pharmaceutical companies failed to disclose U.S. Food and Drug Administration Form 483 inspection reports, providing critical guidance for companies during the FDA approval process, say attorneys at Alston & Bird.
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Opinion
The Fallout Of Drake's Defamation Suit Against UMG
Hip-hop duo Clipse's recent comeback was caught in the undertow of the ongoing Drake v. Universal Music Group defamation litigation, which points to the troubling possibility that if labels can be held liable for promoting allegedly defamatory lyrics, they may preemptively sanitize content to avoid lawsuits, says Henry Williams IV at Gordon Rees.
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Biosolid Contaminants Spawn Litigation, Regulation Risks
While nutrient-rich biosolids — aka sewage sludge — can be an attractive fertilizer, pending legislation and litigation spurred by the risk of contamination with per- and polyfluoroalkyl substances and other pollutants should put stakeholders in this industry on guard, say attorneys at K&L Gates.
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Lessons From 7th Circ.'s Deleted Chat Sanctions Ruling
The Seventh Circuit’s recent decision in Pable v. Chicago Transit Authority, affirming the dismissal of an ex-employee’s retaliation claims, highlights the importance of properly handling the preservation of ephemeral messages and clarifies key sanctions issues, says Philip Favro at Favro Law.
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4 Questions For Insureds To Overcome Flood Exclusions
In a year of record flash flooding in the U.S., affected policyholders, who may assume that their policy's flood exclusion precludes recovery for losses, should look to the many factually and legally nuanced cases presenting pathways to coverage, says Micah Skidmore at Haynes Boone.
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Breaking Down The Proposed Hemp Bill
A proposed bill in the U.S. House of Representatives, recently approved by the House Appropriations Committee, contains a rider that would significantly change the definition of hemp and dramatically reshape the current hemp-derived product market, say attorneys at King & Spalding.
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NY Tax Talk: ALJ Vacancy, Online Sales, Budget
Among the most notable developments in New York tax law last quarter, an administrative law judge vacancy continued affecting taxpayers, a state court decision tested the scope of the Interstate Income Act, and Gov. Kathy Hochul signed the 2025-2026 fiscal budget containing key tax-related provisions, say attorneys at Eversheds Sutherland.
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Series
Quilting Makes Me A Better Lawyer
Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.
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SDNY Ruling Reinforces Joint Steering Committee Obligations
The recent Southern District of New York decision in ChemImage v. Johnson & Johnson makes joint steering committees a valuable tool in strategic relationships, as provisions for such committees can now be wielded to demand attention to core issues, say Lisa Bernstein at the University of Chicago Law School, and Reginald Goeke and Brad Peterson at Mayer Brown.
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Fleeing Or Just Leaving Quickly? 2nd Circ. Says It Depends
The Second Circuit’s recent U.S. v. Bardakova decision adopted a new approach for determining whether a defendant who commits a crime in the U.S., and then leaves and remains abroad, intends to avoid prosecution — making it more difficult to argue against the fugitive disentitlement doctrine in most cases, say attorneys at MoloLamken.