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April 15, 2026
Ex-Citi, Cetera Rep Owes SEC $1.37M In Client Theft Case
A former Citigroup and Cetera registered representative was hit with a final judgment Wednesday, putting her on the hook for $1.38 million to the U.S. Securities and Exchange Commission for allegedly stealing $2.4 million from an elderly client.
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April 15, 2026
Jones Day DQ'd From Vanderbilt Case Over Pre-Ch. 11 Work
A New York bankruptcy judge disqualified law firm Jones Day from representing talc producer Vanderbilt Minerals in its Chapter 11 case Wednesday, saying the firm's prior work for the larger Vanderbilt corporate family raises questions about its disinterestedness.
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April 15, 2026
Brigit To Take Fight Over 'Instant' Wage Advances To 2nd Circ.
Short-term cash advance company Brigit has said it will appeal a New York federal judge's refusal to dismiss a proposed class action alleging it overcharged military borrowers with its "Instant Cash" earned-wage advances, which the judge ruled qualified as consumer loans under federal law.
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April 15, 2026
NYC Building Goes Into Ch. 11 To Avoid Foreclosure Sale
A New York company connected to a local property manager filed a Chapter 11 bankruptcy petition for its five-story, mixed-use building in downtown Manhattan, heading off a foreclosure sale that had been scheduled for the following day.
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April 15, 2026
2nd Circ. Backs $58M IcomTech Ponzi Convictions, Sentences
The Second Circuit upheld convictions and judgments for defendants behind a $58 million IcomTech cryptocurrency Ponzi scheme after rejecting their arguments that there's no evidence they knew it was a fraud, ruling Wednesday "sufficient red flags existed" for the lower court to properly provide a "conscious avoidance" jury instruction.
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April 15, 2026
Uber, Liberty Mutual Say NY Fraud Ring Staged Car Crashes
Uber and its auto insurer told a New York federal court that they are the victims of a scheme perpetrated by more than a dozen individuals who conspired to stage hit-and-run accidents and defraud the companies through sham personal injury claims and lawsuits.
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April 15, 2026
UBS Must Reveal Atty Comms In Ex-Trader's $400M Libor Suit
A Connecticut state judge has ordered UBS AG to hand some communications with its lawyers and prosecutors in U.S. and U.K. criminal cases to former trader Tom Hayes, whose $400 million lawsuit claims he was made a scapegoat to shield senior bank executives from Libor-rigging allegations.
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April 15, 2026
Nadine Menendez Seeks Bail Pending 2nd Circ. Appeal
Nadine Menendez urged a Manhattan federal judge to keep her free while she challenges her conviction, arguing that prosecutors deprived her of her constitutional right to the counsel of her choice.
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April 15, 2026
Jury Finds Live Nation Monopolized Concert Ticketing
Live Nation and its Ticketmaster subsidiary harmed competition in the live entertainment sector by willfully monopolizing ticketing services to major concert venues and unlawfully tying artists' use of large amphitheaters to Live Nation's promotional services, a Manhattan federal jury found on Wednesday.
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April 15, 2026
ICE Arrest Memo Switch Looks 'Specious,' Judge Says
A Manhattan federal judge on Wednesday revived an effort by civil rights groups to block immigration courthouse arrests, citing what he called an apparently deceptive Trump administration move to disclaim its earlier litigation position.
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April 15, 2026
Goodwin-Led Topspin Wraps $328M Consumer-Focused Fund
Goodwin Procter LLP-advised private equity shop Topspin Consumer Partners on Wednesday revealed that it closed its third fund after securing $328 million in capital commitments.
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April 14, 2026
Marex Investor Drops Suit Over Alleged Short Seller Harm
An investor in U.K.-based financial services company Marex Group PLC has voluntarily tossed her proposed investor class action alleging the company hurt short sellers by using off-order book transactions with its subsidiaries to improperly inflate certain key accounting metrics for its market-making segment.
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April 14, 2026
Westlake Inks $67M Antitrust Deal With PVC Pipe Buyers
Purchasers of polyvinyl chloride pipe urged an Illinois federal judge Tuesday to sign off on a proposed $67 million deal with Westlake Corp. that would put to rest allegations it and other PVC pipe producers conspired to fix prices, according to a motion filed in Illinois federal court.
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April 14, 2026
26 State AGs Urge FTC To Ban Deceptive Rental Fee Tactics
A bipartisan coalition of 26 state attorneys general led by New Jersey and Colorado are calling on the Federal Trade Commission to adopt a requirement that residential landlords clearly disclose all costs to tenants up front, responding to the agency's notice last month of potential rulemaking to combat hidden rental fees.
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April 14, 2026
States Denied Time For Talks To Settle Drug Price-Fixing Suit
A Connecticut federal judge Tuesday denied a request by dozens of U.S. states to freeze their antitrust case against generic-drug manufacturers, a pause the states argued would allow the parties to focus on settlement talks rather than pending discovery and motion deadlines.
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April 14, 2026
Peru Seeks New Docs In Case Claiming Toll Road Corruption
Peru has pressed a New York federal judge to let it seek further discovery as it pursues criminal proceedings over a purportedly corrupt toll road project that led to $200 million in arbitral awards, claiming an earlier discovery request granted by the court has revealed new issues.
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April 14, 2026
2nd Circ. Mulls Bid To Save Walmart, E-Commerce Co. IP Case
A Second Circuit panel on Tuesday grappled with a group of businesses' attempt to revive its copyright and trademark case against Walmart and an e-commerce company, with the judges wondering whether the businesses impermissibly expanded their safe harbor arguments on appeal.
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April 14, 2026
Vanderbilt's Jones Day Hire Delayed Over Evidence Additions
A New York bankruptcy judge allowed creditors of bankrupt talc producer Vanderbilt Minerals to supplement the record with additional evidence related to the debtor's proposed hire of the Jones Day firm as its legal counsel Tuesday after they raised issues about statements made at a hearing last week.
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April 14, 2026
Evidence Cut In Weinstein's 3rd NY Rape Trial As Jury Picked
Six years after the first #MeToo verdict against Harvey Weinstein, a New York state judge on Tuesday began picking a jury for the disgraced producer's third rape trial in Manhattan and ruling on what evidence would come in.
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April 14, 2026
Pomerantz To Lead Chinese Logistics Co. Investor Suit
Attorneys from Pomerantz LLP will lead a proposed class action alleging the share prices of China-based Jayud Global Logistics Ltd. were artificially inflated through fake social media posts hyping the company before suddenly collapsing by 95% in one day.
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April 14, 2026
Tabloid Tells NY Court Epstein Files Release Isn't Complete
An internet tabloid renewed its efforts to obtain investigative files on the late sex offender Jeffrey Epstein and urged a New York federal court to reconsider a decision blocking a public records request to the FBI, arguing that a documents release pursuant to an act of Congress isn't complete.
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April 14, 2026
Judge Narrows Scope Of Politician's Trial Over ICE Scuffle
A Manhattan federal judge on Tuesday significantly limited the extent of former New York City Comptroller Brad Lander's upcoming trial over a ticket he got for obstructing hallways at a building as he monitored Immigration and Customs Enforcement.
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April 14, 2026
Trustee's Office Balks At Spirit Disclosure, Wants More Info
The U.S. Trustee's Office asked a New York bankruptcy judge to reject Spirit Airlines' bid to take a Chapter 11 plan to a vote, saying the debtor's disclosure statement regarding the plan is too thin.
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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.
Expert Analysis
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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.
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Opinion
AVOID Act Creates 3rd-Party Litigation Risks For Transpo Cos.
New York's Avoiding Vexatious Overuse of Impleading to Delay Act, which takes effect next month, will require new risk management strategies from transportation companies as it attempts to drastically change the scope of third-party litigation while failing to address practical realities of civil disputes, says Steven Saal at Lucosky Brookman.
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Opinion
AI Doc Ruling Got Privilege Analysis Wrong
Broad reasoning used by a New York federal judge in U.S. v. Heppner — to determine the criminal defendant's interactions with a generative artificial intelligence platform were not protected — mistakenly treats AI use as dispositive disclosure to a third party and adopts an unduly narrow conception of work product, say attorneys at Lankler Siffert.
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AG Watch: New York's Heightened Enforcement In Real Estate
Over the past several months, New York Attorney General Letitia James has brought a rapid succession of enforcement actions targeting rent stabilization abuse, unsafe housing conditions and fraudulent securities practices, signaling that the office views these problems as systemic issues warranting aggressive intervention, say attorneys at Quinn Emanuel.
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Assessing Potential Legal Claims From Private Credit Turmoil
Amid the downturn in the private credit markets spurred by multiple high-profile bankruptcies, a New York lawsuit stemming from the collapse of First Brands provides an important case study for investors to help minimize future losses and maximize any potential recovery in the event of a private credit default, say attorneys at Bleichmar Fonti.
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What 2nd Circ. Discovery Stay Means For Sovereign Litigation
The Second Circuit’s recent stay of a postjudgment discovery order against Argentine officials in an oil investment dispute is worth examining in its full doctrinal and practical context, as limiting enforcement efforts that pry into foreign governments' internal workings could quietly reshape the trajectory of sovereign litigation in the U.S., says Josep Galvez at 4-5 Gray's Inn.
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Employment Cases Offer Arbitration Clause Drafting Lessons
Two recent federal court decisions granting employers' motions to compel arbitration highlight that companies can improve their chances of avoiding court by approaching arbitration clauses as a series of related drafting choices, anticipating disputes on the arbitral seat, hearing location and governing law, say attorneys at Krevolin Horst.