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April 14, 2026
Wells Fargo, JPMorgan Mulling Mediation In $481M Loan Suit
Wells Fargo Bank is considering mediating and settling its suit against JPMorgan Chase Bank and a New York City developer over a $481 million commercial mortgage-backed securities loan deal that allegedly caused millions of dollars in losses, according to a joint letter filed in New York federal court.
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April 14, 2026
Feds Say USDA Can Tie State Funding To Gender Policies
The U.S. Department of Agriculture defended its move to condition grant funding on compliance with Trump administration policies on gender, women's sports, diversity and immigration, telling a Massachusetts federal judge that states can forgo the funding if they don't want to comply.
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April 14, 2026
Davis Polk-Led Lightyear Capital Raises $2.5B For 6th Fund
Davis Polk & Wardwell LLP-advised middle market private equity shop Lightyear Capital on Tuesday announced that it closed its sixth fund at its hard cap after securing $2.5 billion of investor commitments.
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April 14, 2026
Keurig Accused Of Falsely Labeling K-Cups Recyclable
Keurig Dr Pepper Inc. is facing a proposed class action alleging it violated New York consumer protection statutes by deceptively labeling its popular K-Cup pods as recyclable.
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April 14, 2026
Holland & Knight Hires ERISA, Compensation Pro From Katten
Holland & Knight LLP announced on Monday that it had hired a Katten Muchin Rosenman LLP partner who focuses on the Employee Retirement Income Security Act, employee benefits and executive compensation.
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April 14, 2026
Avanos Medical Going Private In $1.3B Deal Led By 3 Firms
American Industrial Partners has agreed to acquire Avanos Medical Inc. in an all-cash transaction valued at nearly $1.3 billion, a take-private deal steered by three law firms, Avanos announced Tuesday.
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April 14, 2026
NY State Bar Association Elevates Longtime Leader
A longtime staff leader of the New York State Bar Association was officially named the new executive director after more than two decades with the organization, according to an announcement this week.
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April 14, 2026
Rakoff Says $300M Piracy Case Among Worst He's Seen
U.S. District Judge Jed S. Rakoff entered default judgment Tuesday at the request of a group of music companies against the online shadow library Anna's Archive, calling the piracy instigated by the site one of the most "horrendous acts of piracy brought to my attention."
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April 14, 2026
JPMorgan Says Dimon Claim Can't Keep Trump Suit In Florida
JPMorgan Chase is pressing its bid to move a whittled version of President Donald Trump's $5 billion debanking lawsuit to New York federal court, arguing the president can't use a "makeweight claim" against its CEO, Jamie Dimon, to anchor the case in Florida state court.
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April 13, 2026
Crypto Suit Fails Without Proof Of Partnership, 2nd Circ. Says
An Oregon man has not shown that he is entitled to a share of profits from a purported joint venture in cryptocurrency investment involving a once close friend, the Second Circuit said Monday, affirming a Manhattan federal judge's dismissal of the claims.
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April 13, 2026
Fla. Court Delays Cosmetic Co. Ch. 11 Plan Over Claim Protest
A Florida bankruptcy judge delayed confirming a cosmetic company's reorganization plan Monday after a creditor protested that its claim was inequitably subordinated in favor of a lender, which agreed to convert its loans to equity in a deal worth roughly $80 million.
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April 13, 2026
Legislative Update: Cannabis And Psychedelics Bill Roundup
Massachusetts legislators sent a bill making numerous changes to the state's cannabis regulatory scheme to the governor, Oregon and Louisiana advanced legislation to expand medical marijuana access to seriously ill patients in healthcare facilities, and Virginia's governor approved legislation paving the way for medical psilocybin if the drug's federal status should change. Here are the major moves in cannabis and psychedelics legislation from the past week.
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April 13, 2026
Columbia Seeks Fed. Circ. Redo Of Axed Norton Patent Ruling
Columbia University has asked a Federal Circuit panel to partly reconsider a decision discarding a nine-figure patent judgment against the maker of Norton antivirus software, saying the university did request a jury instruction on foreign sales damages that the appeals court said it did not seek.
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April 13, 2026
United Homes Faces Investor Suit Over Discounted Sale Plan
Homebuilder United Homes Group Inc. faces a proposed investor class action alleging the company hid that its former CEO schemed to devalue the company as he gunned to sell it off, leading to a proposed sale that caused significant shareholder losses by cutting the company's valuation in half.
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April 13, 2026
Bus Cos. Drop $2M Pension Suit Against Teamsters Fund
Three New York City school bus companies have dropped their $2 million Employee Retirement Income Security Act lawsuit against a Teamsters pension fund after the Second Circuit issued a decision supporting their argument, telling a New York federal judge Monday they no longer need to pursue litigation.
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April 13, 2026
26North Wraps $5.9B Debut PE Fund Above Target
New York-based private equity shop 26North Partners LP announced Monday that it has closed its inaugural private equity fund above target with $5.9 billion in tow.
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April 13, 2026
Chamber, Other Biz Groups Back Insulin Cos. At High Court
The U.S. Chamber of Commerce and other business groups urged the U.S. Supreme Court to take up an appeal from Sanofi-Aventis, Eli Lilly, Novo Nordisk and AstraZeneca, arguing the Second Circuit's revival of an antitrust suit risks opening up liability just for trade group membership.
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April 13, 2026
Abbott Urges Toss Of Relator, State Suits In FCA Recall Row
Abbott Laboratories urged a Michigan federal court to throw out litigation brought by whistleblowers and a group of states over the 2022 infant formula shortage, saying their respective complaints lacked the details necessary to support claims that it defrauded numerous healthcare programs.
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April 13, 2026
DLA Piper Defeats Fired Associate's Claims Of Pregnancy Bias
A federal jury in Manhattan declined to award damages Monday to a former associate who says DLA Piper unlawfully fired her after she announced she was pregnant, absolving the BigLaw firm hours after tense closing arguments.
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April 13, 2026
Green Roofing Co. Says Ex-Employee Stole Clients, Trade Secrets
A green wall and roofing company has accused a former employee of siphoning trade secrets and clients through misrepresentations and using them to start a competing company before making efforts to cover her tracks.
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April 13, 2026
HUD Unveils $1.1B To Back Housing In Tribal Communities
The U.S. Department of Housing and Urban Development's Office of Native American Programs says it will allocate more than $1.1 billion in Indian Block Grant funding for almost 600 tribal nations to support affordable housing projects.
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April 13, 2026
Cooley Adds Ex-Silver Lake Leader To Private Equity Team
Cooley LLP has strengthened its private equity offering by adding Silver Lake's former legal director of fund formation as a New York-based partner, the firm announced Monday.
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April 13, 2026
Robbins Geller To Lead Investor Suit Despite Filing Glitch
A New York federal judge has appointed Robbins Geller Rudman & Dowd LLP as lead counsel in a proposed class action against BellRing Brands, the owner of Premier Protein and other supplement brands, after finding a lead counsel bid that was filed six minutes past the deadline due to a technical glitch was excusable.
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April 13, 2026
The Justices Had Their Say On Immunity. Is A DC Jury Next?
The limits of presidential immunity are once again set to be tested after a D.C. federal judge ruled President Donald Trump must face civil claims over the Jan. 6, 2021, riots, clearing the way for trial and potentially another high-stakes appeal to the U.S. Supreme Court.
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April 13, 2026
Weil Adds Kirkland, DLA Piper Attys To Private Funds Platform
Weil Gotshal & Manges LLP announced two additions to its private funds platform on Monday, one from Kirkland & Ellis and the other from DLA Piper.
Expert Analysis
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Monetizing EV Charging Stations For Long-Term Success
An electric vehicle charging station's longevity hinges on monetizing operations through diverse revenue streams, contractual documentation of charge point operators' and site hosts' rights and responsibilities, and ensuring reliability and security of facilities, says Levi McAllister at Morgan Lewis.
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Calif.'s Civility Push Shows Why Professionalism Is Vital
The California Bar’s campaign against discourteous behavior by attorneys, including a newly required annual civility oath, reflects a growing concern among states that professionalism in law needs shoring up — and recognizes that maintaining composure even when stressed is key to both succeeding professionally and maintaining faith in the legal system, says Lucy Wang at Hinshaw.
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Locations, Permits And Power Are Key In EV Charger Projects
To ensure the success of public electric vehicle charging infrastructure projects, developers, funders, site hosts and charge point operators must consider a range of factors, including location selection, distribution grid requirements and costs, and permitting and timeline impacts, says Levi McAllister at Morgan Lewis.
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Should Prediction Markets Allow Trading On Nonpublic Info?
Recent trading activity, such as the Polymarket wager on the U.S. capture of Venezuelan President Nicolás Maduro, has raised questions about whether some participants may be engaging in trading that is based on material nonpublic information, and highlights ongoing uncertainty about how existing derivatives and anti-fraud rules apply to event-based contracts, say economic consultants at the Brattle Group.
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Series
Trivia Competition Makes Me A Better Lawyer
Playing trivia taught me to quickly absorb information and recognize when I've learned what I'm expected to know, training me in the crucial skills needed to be a good attorney, and reminding me to be gracious in defeat, says Jonah Knobler at Patterson Belknap.
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An Instructive Reminder On Appealing ITC Determinations
A recent Federal Circuit decision, partially dismissing Crocs' appeal of a U.S. International Trade Commission verdict as untimely, offers a powerful reminder that the ITC is a creature of statute and that practitioners would do well to interpret those statutes conservatively, says Derrick Carman at Robins Kaplan.
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Series
Law School's Missed Lessons: What Cross-Selling Truly Takes
Early-career attorneys may struggle to introduce clients to practitioners in other specialties, but cross-selling becomes easier once they know why it’s vital to their first years of practice, which mistakes to avoid and how to anticipate clients' needs, say attorneys at Moses & Singer.
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OCC Mortgage Escrow Rules Add Fuel To Preemption Debate
Two rules proposed in December by the Office of the Comptroller of the Currency, which would preempt state laws requiring national banks to pay interest on mortgage escrow accounts, are a bold new federal gambit in the debate over how much authority Congress intended to hand state regulators under the Dodd-Frank Act, says Christian Hancock at Bradley Arant.
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How State FCA Activity May Affect Civil Fraud Enforcement
A growing trend of state attorneys general enforcing their False Claims Act analogues independently of the U.S. Department of Justice carries potential repercussions for civil fraud enforcement and qui tam litigation considerations, say Li Yu at Bernstein Litowitz, Ellen London at London & Naor and Gwen Stamper at Vogel Slade.
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Series
Judges On AI: Practical Use Cases In Chambers
U.S. Magistrate Judge Allison Goddard in the Southern District of California discusses how she uses generative artificial intelligence tools in chambers to make work more efficient and effective — from editing jury instructions for clarity to summarizing key documents.
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Notable Q4 Updates In Insurance Class Actions
Last quarter featured a novel class action theory about car rental reimbursement coverage, another win for insurers in total loss valuations, a potentially broad-reaching Idaho Supreme Court ruling about illusory underinsured motorist coverage, and homeowners blaming rising premiums on the fossil fuel industry, says Kevin Zimmerman at BakerHostetler.
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Saks' Post-M&A Bankruptcy Illustrates Current Market Risks
The recent Saks Fifth Avenue bankruptcy occurred on the heels of its merger with fellow luxury purveyor Neiman Marcus, showing that capital structure, not concept, dictates resilience when conditions turn, says Ben Thompson at Thompson.
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If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'
Because bankruptcies of artificial intelligence vendors will require courts to decide in the moment how to handle bespoke deals for AI tools, customers that anticipate consumer privacy concerns in asset disposition and questions about utility and critical-vendor classifications can be better positioned before proceedings, say attorneys at Sidley.
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Series
Trail Running Makes Me A Better Lawyer
Navigating the muddy, root-filled path of trail marathons and ultramarathons provides fertile training ground for my high-stakes fractional general counsel work, teaching me to slow down my mind when the terrain shifts, sharpen my focus and trust my training, says Eric Proos at Next Era Legal.
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Trade Secret Steps To Take As Exposure Risk Increases
Against the backdrop of rising trade secret litigation, greater employee mobility and constraints on noncompetes, recent cases highlight the importance of minimizing trade secret risks when employees leave or when new hires join, say attorneys at Sullivan & Cromwell.