New York

  • May 11, 2026

    OpenAI Launches New Venture With $4B Initial Investment

    Artificial intelligence giant OpenAI on Monday announced plans to form a new company meant to increase adoption of its software across enterprises, which will launch with $4 billion of private equity investments, as well as the acquisition of an artificial intelligence consulting firm, Tomoro.

  • May 11, 2026

    Simpson Thacher Brings On AI, West Coast Privacy Chairs

    Simpson Thacher & Bartlett LLP announced on Monday that a pair of experienced attorneys have joined the firm's Los Angeles and New York offices as partners and the respective new heads of its artificial intelligence and West Coast privacy and cybersecurity teams.

  • May 11, 2026

    Plaintiffs' Attys Sanctioned In Tylenol MDL, Sparking Appeal

    A New York federal court sanctioned a plaintiffs' firm and its co-founder in federal multidistrict litigation by families alleging that prenatal exposure to acetaminophen can cause autism, saying they improperly shared confidential information from the case in related state court actions.

  • May 11, 2026

    UWM Ups Two Harbors Bid To Thwart CrossCounty Deal

    UWM Holdings Corp. is trying to thwart CrossCountry Mortgage LLC's bid to acquire real estate investment trust Two Harbors Investment Corp., upping its bid for the REIT on Monday from $12 per share to $12.50 per share in an all-cash deal that also offers stock.

  • May 08, 2026

    Telecom Tower Owners Found In Contempt Over Sale Defiance

    A New York federal judge said he is tired of his orders being ignored after years of overseeing a fight over a corporate coup, and has ruled to hold the majority shareholders of a telecommunications infrastructure firm "and the person who controls them" in contempt of court.

  • May 08, 2026

    Real Estate Recap: Biannual Reporting, NDAs, Q1 Spotlight

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including attorney insights into the U.S. Securities and Exchange Commission proposal to shift companies to semiannual reporting, how data center backlash is playing out in nondisclosure agreements and the ebbs and flows of asset classes in quarter one.

  • May 08, 2026

    Canceled Solar Grants Suit In Wrong Court, Wash. Judge Hints

    A Washington federal judge on Friday hinted that she lacks jurisdiction over a multistate challenge to the federal government's cancellation of a solar energy project grant program, citing recent U.S. Supreme Court precedent indicating that a bid to reinstate the funding would belong in the Court of Federal Claims.

  • May 08, 2026

    6th Circ. Backs Ex-Fed Worker's Long COVID Benefits Denial

    The Sixth Circuit backed a win for the Federal Reserve Bank of Cleveland, its long-term disability plan, and a benefit management company in a former Cleveland Fed employee's suit seeking additional benefits for long-haul COVID symptoms, holding a lower court properly applied New York state contract law in reaching its decision. 

  • May 08, 2026

    Fed. Circ. Debates If Alice Dooms $673M Amazon Patent Loss

    Amazon urged a Federal Circuit panel on Friday to wipe out a $673 million judgment against it over data storage technology by arguing that the patents underlying the case are invalid for covering only abstract ideas, which led the judges to debate how the inventions differ from a library card catalog.

  • May 08, 2026

    Embezzler's $250M Suit Against FanDuel Sent To Arbitration

    A New York federal judge has ruled that an arbitrator will decide a dispute between FanDuel and a former NFL team administrator convicted of embezzlement who accuses the online sports betting platform of taking advantage of his gambling addiction.

  • May 08, 2026

    Disbarred Atty Can't Escape Tax Evasion Case, 2nd Circ. Says

    A disbarred English attorney who assisted the heirs of an American businessman in evading taxation on their inheritance cannot use an "extraordinary" post-conviction remedy to overturn part of the verdict and a $4 million restitution bill, the Second Circuit ruled Friday.

  • May 08, 2026

    Seagram's Heiress In NXIVM Case OK'd For Fiji After Prison

    An heir to the Seagram's liquor fortune was cleared for takeoff to a "small resort" she owns near the island of Fiji, after her release from prison for her role in the sex cult NXIVM, according to an order docketed in New York federal court on Friday.

  • May 08, 2026

    Ex-Wachtell Lipton Atty Tied To Stolen BigLaw Info Trades

    A former Wachtell Lipton Rosen & Katz attorney who later worked for investment bank LionTree LLC is an unindicted co-conspirator in a sweeping alleged insider trading scheme that involved stolen information from several prominent law firms, according to a review of publicly available information.

  • May 08, 2026

    Trump Admin Says Mail-In Voting Suits Are Premature

    The Trump administration asked a Massachusetts federal judge to dismiss challenges to the president's executive order limiting mail-in voting, saying it's premature to challenge the directive before any concrete steps are taken to implement it.

  • May 08, 2026

    Publishers Seek Default, $19.5M From 'Shadow Library'

    Thirteen major book publishers have asked a New York federal court to enter a default judgment against Anna's Archive, seeking $19.5 million in damages after the alleged "shadow library" failed to respond to claims that it illegally distributes pirated books and research papers.

  • May 08, 2026

    NYC Lawmaker Promises COPA Revival After Adams' Veto

    New York City Council Member Sandy Nurse confirmed at a May 8 panel that she plans to reintroduce an updated version of the Community Opportunity to Purchase Act that grants some preapproved buyers a first shot at purchasing some residential buildings, after Mayor Eric Adams vetoed a previous version on his last day in office.

  • May 08, 2026

    NY Appeals Court Orders New Trial In Sex Abuse Case

    A New York state appeals court has ordered a new trial for a man convicted of sexual assault, finding he was wrongly denied a short adjournment before prosecutors presented a last-minute witness to rebut his alibi.

  • May 08, 2026

    E-Commerce Finance Biz Files Ch. 7 With Over $50M In Debt

    Parker Group Inc., a Valar Ventures-backed digital banking service for online businesses, has filed for Chapter 7 in Delaware bankruptcy court with $50 million to $100 million each in assets and liabilities.

  • May 08, 2026

    CrossCountry Raises Bid For Two Harbors To Fend Off Rival

    Two Harbors Investment Corp. said Friday that Ohio-based origination company CrossCountry Mortgage has amended a proposed merger agreement to match a competing $1.3 billion offer to acquire the real estate investment trust from UWM Holdings Corp.

  • May 08, 2026

    Morgan Lewis Hires 2 More Hunton Litigators

    Morgan Lewis & Bockius LLP announced on Friday that it has hired two more attorneys from Hunton Andrews Kurth LLP to build up its litigation bench.

  • May 07, 2026

    Firm Sanctioned For Misleading Merchants In Swipe-Fee Case

    A New York federal judge on Thursday sanctioned personal injury firm Betz & Baril PLC and its referral partner ClickFunds for misleading would-be class members in long-running antitrust litigation against Visa and Mastercard, ordering the firm and ClickFunds to notify clients about the misinformation.

  • May 07, 2026

    Estée Lauder Investors Reach $210M Deal Over Share Inflation

    Estée Lauder investors on Thursday asked a New York federal judge to greenlight a $210 million settlement resolving their proposed class claims that the cosmetics company and its top brass announced unrealistic expectations for growth amid the ongoing effect of the COVID-19 pandemic on its business.

  • May 07, 2026

    Trump Campaign Exits Sex Assault Suit, Manager Appeals

    Days after President Donald Trump's 2016 campaign settled negligence claims in a former aide's sexual assault lawsuit, an ex-campaign manager accused of rape faced doubts from New York state appellate judges that he could escape the case with their help.

  • May 07, 2026

    DOJ Antitrust Head Tells Merging Firms: No Games

    Combating "gamesmanship" remains top of mind for the U.S. Department of Justice Antitrust Division as it reviews mergers, according to a New York speech Thursday from acting head Omeed A. Assefi warning parties against "altering" merger notification material or trying to "play games with documents and data."

  • May 07, 2026

    Rakoff Expands On Coinbase Securities Suit Dismissal Ruling

    U.S. District Judge Jed Rakoff on Thursday explained his ruling last month dismissing securities fraud claims against cryptocurrency exchange Coinbase, brought by investors in a digital asset associated with the now-failed Terraform blockchain ecosystem, stating in a new opinion that the suit fails to plead falsity, among other things.

Expert Analysis

  • Prepping For White House's Proposed AI Framework

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    The artificial intelligence legislative framework issued by the White House last month reframes the policy landscape, creating a number of near-term developments for companies to track as congressional committees attempt to convert the framework into legislative text, say attorneys at Morgan Lewis.

  • 2nd Circ. Clarifies When Prior Good Acts May Be Admissible

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    The Second Circuit's recent ruling in U.S. v. Cardenas, vacating a drug conspiracy conviction over improperly excluded evidence, indicates that evidence of prior good acts may be admissible to corroborate a defendant's testimony about their understanding of events and intent, say attorneys at Lowenstein Sandler.

  • Opinion

    State Bars Need To Get Specific About AI Confidentiality

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    Lawyers need to put actual client information into artificial intelligence tools to get their full value, but they cannot confidently do so until state bars offer clear, formal authority on which plan tiers of the three most popular generative AI tools are safe to use when sharing specific client details, says attorney Nick Berk.

  • Opinion

    Futures Market Anonymity Now Presents A Structural Problem

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    Following anomalous trading on prediction markets just before major recent policy announcements from the Trump administration, many have called on Congress to act, but the problem is not primarily a statutory gap — it is a structural one, built into the self-regulatory model that governs futures exchanges, says Tamara de Silva at De Silva Law Offices.

  • Opinion

    Judicial Restraint Anchors Constitutional Order

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    Contrasting opinions in two recent U.S. Supreme Court rulings — Trump v. CASA and Bost v. Illinois State Board of Elections — demonstrate how the judiciary’s constitutionally entrusted role can easily be preserved or disrupted, and invite renewed attention to the enduring importance of judicial restraint, says Ninth Circuit Judge J. Clifford Wallace.

  • The Evolution Of States' Workplace Violence Prevention Laws

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    Utah's new law requiring hospitals to implement comprehensive workplace violence reporting systems continues a broader trend of state efforts to expand workplace protections in the absence of sufficient federal regulations, say attorneys at Ogletree.

  • Resolving The Conflict In 2nd Circ. Foreign Discovery Rulings

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    The Second Circuit recently issued two seemingly inconsistent decisions regarding the federal statute that permits U.S. discovery for purposes of a foreign proceeding, but the unifying feature appears to be the broad scope for district court discretion under Section 1782, say attorneys at Katsky Korins.

  • How 2nd Circ. Gave Loper Bright Real Force In SEC Cases

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    The Second Circuit's recent decision in U.S. Securities and Exchange Commission v. Amah offers one of the first clear indications of how courts will operationalize Loper Bright, signaling that long-standing SEC enforcement theories resting on ambiguous definitional provisions are now subject to more rigorous judicial scrutiny, say attorneys at Morgan Lewis.

  • Series

    Alpine Skiing Makes Me A Better Lawyer

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    Skiing has shaped habits I rely on daily as an attorney — focus, resilience and the ability to remain steady when circumstances shift rapidly — and influences the way I approach legal strategy, client counseling and teamwork, says Isaku Begert at Marshall Gerstein.

  • NY Tax Talk: Calculating Tiered Partnership Income

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    Attorneys at Eversheds Sutherland discuss how the potential impact recent New York City Tax Appeals Tribunal decision in Matter of Cantor Fitzgerald holding that the entity approach should be used by tiered partnerships to compute unincorporated business tax liability, why the issue of the proper approach remains unsettled and the broader implications for federal conformity and administrative agency deference.

  • Ohio Case Reflects States' Aggressive Criminal Antitrust Turn

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    The Ohio Attorney General's Office’s recent bid-rigging indictment of an online auctioneer is the latest signal that states, through attorneys general pursuing more kickback cases and legislators expanding the reach of antitrust laws, are shedding their historical reluctance to wield their criminal antitrust enforcement powers, say attorneys at Arnold & Porter.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q1

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    In the first quarter of 2026, New York's banking developments were headlined by initiatives to expand oversight of financial institutions and strengthen consumer protection laws, including a new framework for buy now, pay later lenders, a sweeping debt collection rule and a revised corporate self-disclosure program for financial crimes, say attorneys at Proskauer.

  • Legal Theories In Social Media Verdicts Hold Clues On Impact

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    Although the two verdicts in cases in New Mexico and California involving Meta and Google are being lumped together, they rest on fundamentally different legal theories, and that distinction determines how their effects may be felt in other jurisdictions, says Mark Morgan at Day Pitney.

  • 2 Rulings Poke Holes In Mandatory Restitution Framework

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    The U.S. Supreme Court’s recent ruling in Ellingburg v. U.S., as well as the Third Circuit’s recent ruling in U.S. v. Abrams, provide criminal defense practitioners with new tools to challenge Mandatory Victims Restitution Act orders, and highlight several restitution-related issues that converged in the recent prosecution of former Frank CEO Charlie Javice, say attorneys at Lankler Siffert & Wohl.

  • Why MDLs Slow Down — And How To Speed Them Up

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    Multidistrict litigation has become central to mass tort practice, but as MDLs grow in size and complexity, so do delays and costs — so tools like the new federal rule governing MDLs, targeted use of special masters and strategically deployed Lone Pine orders are more essential than ever, say attorneys at Ice Miller.

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