New York

  • February 25, 2026

    Ex-Morgan Stanley Pro Abused NBA Players' Trust, Jury Hears

    A prosecutor told a Manhattan federal jury Wednesday that former Morgan Stanley investment adviser Darryl Cohen pulled off a long con of current and former NBA players, winning their confidence and friendship before cheating them out of more than $5 million.

  • February 25, 2026

    AT&T Promptly Settles NYC Pension Funds Diversity Suit

    AT&T on Wednesday agreed to allow shareholders to vote on New York City pension funds' proposal requesting a corporate diversity report, quickly settling a suit filed by the funds last week.

  • February 25, 2026

    EPA's Cancellation Of Solar Program Is Illegal, States Say

    A coalition of states has urged a Washington federal court to bar the U.S. Environmental Protection Agency from clawing back roughly $3 billion in federal funding for solar energy projects, arguing it can't rescind funds already obligated.

  • February 25, 2026

    Malibu Boats Investor Attys Score $2.3M Fee Award

    Attorneys who represent investors in powerboat maker Malibu Boats Inc. will receive $2.34 million, plus reimbursement of over $115,600 in costs, following resolution of claims the company nearly pushed a key dealer into bankruptcy by oversupplying it after a pandemic-era boat buying boom.

  • February 25, 2026

    CFTC Warns Against Prediction Market Insider Trading

    The CFTC on Wednesday warned prediction market traders it "has full authority to police illegal trading practices" on regulated platforms as it flagged two penalties Kalshi levied against an editor for popular internet video brand MrBeast and a California political candidate who each allegedly flouted the platform's insider trading rules.

  • February 25, 2026

    Levona Wants Permanent Injunction In Eletson Gas Spat

    Levona Holdings urged a New York district court to permanently bar the former majority shareholders of Eletson Gas from exercising any control over the company or interfering with Levona's ownership of the preferred interests in the company, several weeks after the federal court vacated a $102 million arbitration award in the feud.

  • February 25, 2026

    $17.9M Drug Price-Fixing Deal Advances Despite Objections

    A Connecticut federal judge on Wednesday advanced a $17.9 million generic drug price-fixing settlement between 48 states and territories and pharmaceutical companies Bausch Health US LLC, Bausch Health Americas Inc. and Lannett Co. Inc., sidelining objections by consumers suing separately in a Pennsylvania multidistrict litigation case.

  • February 25, 2026

    Valve Promotes Illegal Gambling In Its Games, NY AG Claims

    The New York attorney general Wednesday sued Valve Corp., claiming the video game developer has been illegally promoting gambling to children through games like Counter-Strike by "enticing" them to pay for chances to win virtual items, some of which can be rare and hold significant monetary value.

  • February 25, 2026

    CFTC Taps Ex-SDNY Prosecutor To Lead Enforcement

    The U.S. Commodity Futures Trading Commission's enforcement division is set to be led by a former federal prosecutor who tackled financial fraud and insider trading cases in the Southern District of New York before turning to private practice, most recently as a shareholder at Greenberg Traurig LLP.

  • February 25, 2026

    Judge Skeptical Of Bid To Toss FTC's Zillow, Redfin Case

    A Virginia federal judge seemed skeptical on Wednesday as Zillow Group Inc. and Redfin Corp. pushed their bid to toss the Federal Trade Commission's case over an alleged agreement between the real estate listing companies to not compete for rental ads.

  • February 25, 2026

    2nd Circ. Skeptical Of Expanding Collectives' Borders

    A Second Circuit panel seemed doubtful about allowing workers from a state other than where a Fair Labor Standards Act case arises to join a collective, signaling that it might side with Bimbo Bakeries in a case accusing the company of misclassifying delivery workers as independent contractors.

  • February 25, 2026

    Grand Slams Can't Break Away From Suit, Tennis Players Say

    Tennis Grand Slam tournament operators are too entrenched in the system of alleged mistreatment of players to be separated from those allegations against the sport's governing bodies, the players told a New York federal court in opposing the tournament organizers' bid to escape their lawsuit.

  • February 25, 2026

    PepsiCo Will Allow Shareholder Proposal Following Lawsuit

    PepsiCo Inc. has agreed to include an animal welfare-focused shareholder proposal in its corporate ballot this year following the shareholder suing the beverage giant last week for moving to exclude the proposal.

  • February 25, 2026

    Judge Says NY District's Title VI Mascot Claims Meritless

    A New York federal court judge won't alter a judgment that dismissed a Long Island school district's challenge to the state's law prohibiting the use of Indigenous imagery in public schools, saying the district failed to show any sign that it faces a possible threat of Title VI federal liability.

  • February 25, 2026

    Manhattan Legal Sector Notches 18% Spike In Leasing Activity

    Demand for office leasing in Manhattan's legal sector increased nearly 18% year over year in 2025, with 3.74 million square feet of office leasing activity — the second-highest annual total on record, according to a report released Tuesday by Colliers.

  • February 25, 2026

    9th Circ. Rules K-12 Mental Health Grants Must Continue

    The U.S. Department of Education must fund K-12 mental health grants given to public schools to help students cope with school shootings, the Ninth Circuit ruled, denying the agency's emergency request to pause a lower court's permanent injunction pending an appeal. 

  • February 25, 2026

    2 Firms Help Novacap Land $3.8B For Tech-Focused Fund

    Private equity shop Novacap, advised by Willkie Farr & Gallagher LLP and Davies Ward Phillips & Vineberg LLP, on Wednesday revealed it had closed its seventh technology-centered fund with nearly $3.8 billion in committed capital.

  • February 25, 2026

    Live Nation Judge Not 'Inclined' To Delay Trial For Appeal

    A Manhattan federal judge said Wednesday he is likely to deny counsel for Live Nation's request to appeal rulings sending the government's monopolization claims to trial, after antitrust regulators called that request a "desperate plea" for a delay.

  • February 25, 2026

    Harvey Weinstein Swaps Attys As 3rd Rape Trial Looms

    Harvey Weinstein tapped a new attorney at Agnifilo Intrater for his third rape trial slated for next month, while the former Hollywood mogul's longtime defense team at Aidala Bertuna & Kamins said it will bow out.

  • February 25, 2026

    Patterson Belknap Adds Ex-SDNY Prosecutor Maurene Comey

    Former Manhattan federal prosecutor Maurene Comey, who handled some of the nation's highest-profile cases before she was fired by the Trump administration, has joined Patterson Belknap Webb & Tyler LLP, the firm announced Wednesday.

  • February 24, 2026

    PR Firms Must Face Trimmed World Cup Forced Labor Fight

    A New York federal judge Tuesday trimmed Filipino construction workers' lawsuit accusing U.S. public relations firms of knowingly covering up abusive working conditions during the 2022 World Cup in Qatar, tossing state and federal claims stemming from human trafficking but allowing other federal claims premised in forced labor to proceed.

  • February 24, 2026

    SDNY's New Self-Report Policy Eases Path To Declinations

    Manhattan federal prosecutors on Tuesday unveiled a new business-friendly corporate criminal enforcement policy for companies that promptly self-report financial crimes, promising declinations and no fines or monitors for eligible companies that turn themselves in.

  • February 24, 2026

    Protective Gear Co. Misled On Tariffs, Acquisitions, Suit Says

    Protective apparel company Lakeland Industries Inc. has been hit with an investor's proposed class action accusing it of damaging shareholders with misleading statements about the value of two companies it had acquired and the impact of tariffs.

  • February 24, 2026

    Tether, Bitfinex Investors Win Cert. In Bitcoin Rigging Suit

    A group of Tether and Bitfinex investors who acquired bitcoin or Ethereum scored class certification in their case accusing the digital asset companies of rigging the cryptocurrency market and costing them hundreds of billions of dollars, according to a sealed opinion issued Monday by a New York federal judge. 

  • February 24, 2026

    2nd Circ. Orders Royalty Redo In Music Licensing Case

    The Second Circuit on Tuesday ordered a federal judge to recalculate what royalties are owed to a music licensor from the North American Concert Promoters Association, saying the judge had adopted a revenue structure with no precedent in the concert industry without explaining why.

Expert Analysis

  • Series

    Law School's Missed Lessons: What Cross-Selling Truly Takes

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    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.

  • OCC Mortgage Escrow Rules Add Fuel To Preemption Debate

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    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.

  • How State FCA Activity May Affect Civil Fraud Enforcement

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    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.

  • Series

    Judges On AI: Practical Use Cases In Chambers

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    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.

  • Notable Q4 Updates In Insurance Class Actions

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    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.

  • Saks' Post-M&A Bankruptcy Illustrates Current Market Risks

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    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.

  • If Your AI Vendor Goes Bankrupt: Tackling Privacy And 'Utility'

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    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.

  • Series

    Trail Running Makes Me A Better Lawyer

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    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.

  • Trade Secret Steps To Take As Exposure Risk Increases

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    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.

  • What NY's GHG Reporting Program Means For Oil, Gas Cos.

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    New York's new Mandatory Greenhouse Gas Reporting Program represents a significant compliance regime for the oil and gas industry, so any business touching the state's fuel market should determine its obligations, and be prepared to gather data, create a monitoring plan and institute controls for accurate reporting, say attorneys at White & Case.

  • What Artists Can Learn From Latest AI Music Licensing Deals

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    Recent partnerships between music labels and artificial intelligence companies raise a number of key questions for artists, rightsholders and other industry players about IP, revenue-sharing, and rights and obligations, say attorneys at Manatt.

  • How States Are Advancing Enviro Justice Policies

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    The federal pullback on environmental justice creates uncertainty and impedes cross‑jurisdictional coordination, but EJ diligence remains prudent risk management, with many states having developed and implemented statutes, screening tools, permitting standards and more, say attorneys at King & Spalding.

  • How Securities Class Action Deals Fare After Prelim Approval

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    An analysis of Institutional Shareholder Services data from the last 10 years shows that preliminarily approved class action settlements are unlikely to be denied in the final-approval stage, while procedural delays are more common than withdrawal or termination, says Rahul Chhabra at Charles River Associates.

  • What Applicants Can Expect From Calif. Crypto License Law

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    With the July effective date for California's Digital Financial Assets Law fast approaching, now is a critical time for companies to prepare for licensure, application and coverage compliance ahead of this significant regulatory milestone that will reshape how digital asset businesses operate in California, say attorneys at MoFo.

  • Malpractice Claim Assignability Continues To Divide Courts

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    Recent decisions from courts across the country demonstrate how different jurisdictions balance competing policy interests in determining whether legal malpractice claims can be assigned, providing a framework to identify when and how to challenge any attempted assignment, says Christopher Blazejewski at Sherin & Lodgen.

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