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July 16, 2026
An alleged associate of the Gambino crime family who's facing a raft of criminal charges stemming from federal prosecutors' sprawling investigation into illegal gambling rings involving NBA players and coaches on Thursday admitted to a bribery scheme with a now-former Toronto Raptors player that capitalized on prop bets, or proposition wagers.
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July 16, 2026
A New York federal judge has shut down another attempt by the NFL and its teams to send former coach Brian Flores' racial discrimination suit to league arbitration, rejecting their request to reconsider her ruling keeping the case in court.
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July 16, 2026
Wells Fargo and Ocwen asked a New York federal judge for a pretrial win in a suit from union pension fund trustees accusing the companies of mishandling home loans tied to employee pension fund investments, after the Second Circuit partially knocked out the companies' earlier win in March.
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July 16, 2026
Two Goulston & Storrs PC directors who jumped to Troutman Pepper Locke LLP were stiffed out of hundreds of thousands of dollars in compensation in retaliation for leaving, according to a suit filed Thursday in New York federal court.
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July 16, 2026
Distressed debt investor Lynn Tilton's Patriarch Partners must pay roughly $2.4 million to the litigation trust for a trio of collateralized loan funds she founded in the 2000s, a New York federal judge has ruled, finding that Tilton's private equity firm breached a credit contract.
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July 16, 2026
Pressure is mounting on law firm leaders to dive into the AI waters or watch competitors swim away, but figuring out responsible, cost-effective methods to use high-priced legal tech remains tricky, experts say.
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July 16, 2026
A union health fund told a New York federal judge that two affiliated aviation services entities cannot avoid required benefit contributions for eight full-time workers by failing to enroll them and then arguing that the resulting lack of coverage excused payment, according to a court filing.
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July 16, 2026
A New York federal judge ordered a promoter of digital asset BitConnect to pay more than $1 million to end the U.S. Securities and Exchange Commission's claims that he earned hundreds of thousands of dollars by recruiting investors into an unregistered cryptocurrency lending program, rejecting his arguments that the payment should be reduced.
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July 16, 2026
Swedbank AB and its New York branch have agreed to pay a $50 million civil penalty to the New York State Department of Financial Services to resolve claims that the bank failed to fully cooperate with department requests for information related to Swedbank's relationships with Mossack Fonseca, the law firm at the center of the 2016 Panama Papers leak.
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July 16, 2026
In a published opinion Thursday, the Second Circuit affirmed the dismissal of a $372 million bondholder suit against Switzerland over the 2023 collapse of Credit Suisse AG and the reduction in value of $17.3 billion of debt securities, agreeing with a New York judge that the country is immune from being sued in U.S. district court.
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July 16, 2026
Merchants who secured a $200 billion settlement over Visa and Mastercard swipe fees asked a New York federal court Wednesday to approve $206 million in attorney fees and costs, saying: "The result achieved here did not come easily and was far from certain."
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July 16, 2026
A New York bankruptcy court Thursday approved the Chapter 11 plan of Excell Communications Inc., a telecommunications infrastructure developer, after the company's owner agreed to provide $1.3 million for unsecured creditors.
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July 16, 2026
The Federal Circuit on Thursday upheld the Patent Trial and Appeal Board's decisions to invalidate all claims Canon had challenged in three Slingshot Printing patents covering chips and temperature sensors in inkjet printers.
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July 16, 2026
Eli Lilly said Thursday it will acquire New York-based drug developer AtaiBeckley Inc. in a deal valued at up to $3.8 billion, expanding its pipeline of experimental treatments for depression and other mental health disorders.
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July 16, 2026
A new California federal judge has taken over from the one originally assigned the lawsuit from Democratic state attorneys general challenging Paramount Skydance's $110 billion acquisition of Warner Bros. Discovery, putting the case in front of the same judge hearing challenges from consumers and the Writers Guild of America.
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July 16, 2026
Cooley LLP has further bolstered its cyber, data and privacy group, announcing the hiring of a former Hunton Andrews Kurth LLP partner in its New York office.
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July 16, 2026
Holland & Knight LLP announced Thursday that it has hired the former U.S. co-chair of DLA Piper's industrials sector as a partner in New York.
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July 15, 2026
Federal appeals courts had wide-ranging successes and struggles during the U.S. Supreme Court's recently completed term: One had its best showing in years following its worst showing in years; one felt déjà vu after recently starting to find favor with the justices; and one saw its reputation for independence occupy a rare role in the Supreme Court spotlight.
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July 15, 2026
Indian billionaire Gautam Adani, the chairman of multinational conglomerate Adani Group, on Wednesday told a Brooklyn federal judge that his offer to invest $10 billion in the U.S. had nothing to do with a U.S. Department of Justice decision to drop criminal charges claiming he and others orchestrated a $250 million bribery to secure solar energy contracts and deceive investors.
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July 15, 2026
During a Wednesday confirmation hearing for President Donald Trump's pick for national intelligence director, Democratic lawmakers pressed Jay Clayton to explain whether predecessor Tulsi Gabbard should have traveled to Georgia to oversee a search warrant executed at a Fulton County election facility, which she testified the president asked for.
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July 15, 2026
Paramount has asked a district judge to recuse himself from overseeing a challenge led by a dozen states to the company's proposed $110 billion acquisition of Warner Bros. Discovery, arguing Wednesday that the judge's former role as labor counsel for a guild that's also challenging the deal risks the appearance of impartiality.
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July 15, 2026
The Second Circuit on Wednesday refused to alter an arbitral award issued to Acorda Therapeutics to include nearly $66 million beyond the $16.6 million it won in a multiple sclerosis drug dispute, saying the company "slept on its rights" and couldn't change the result now.
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July 15, 2026
A former TD Bank assistant store manager was sentenced Wednesday by a New Jersey federal judge to nearly four years in prison without parole for his role in a money laundering conspiracy that federal prosecutors claim illegally moved nearly half a billion dollars through the bank.
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July 15, 2026
The investigation into possible salary-cap circumvention involving NBA star Kawhi Leonard has been completed, and the final report by the firm commissioned by the league should be ready by the start of next season, according to Commissioner Adam Silver.
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July 15, 2026
The Second Circuit on Wednesday revived a New York healthcare provider's suit accusing out-of-state Blue Cross Blue Shield licensees of underpaying insurance claims, saying the carriers' long-standing business relationship with a New York licensee to obtain preferential prices in the state supports jurisdiction there.