New York

  • May 06, 2026

    'GothFerrari' Gets 6.5 Years For Role In $250M Crypto Heist

    A 20-year-old California man with the nickname "GothFerrari" was sentenced in federal court Wednesday to 78 months behind bars for his role in a sprawling cyber scam involving more than a dozen defendants who stole more than $250 million in cryptocurrency from people across the United States, according to prosecutors.

  • May 06, 2026

    Restaurateur Opposes Warhol Turnover During Appeal

    A disgraced Chinese restaurateur asked a New York federal judge to hold off on allowing a creditor owed about $142 million under arbitral awards to seize two paintings as payment, including an Andy Warhol, while she appeals a court judgment.

  • May 06, 2026

    Celsius Exec's Help Was Key, Feds Say Before Sentencing

    Manhattan federal prosecutors said sentencing for the former chief revenue officer of the defunct cryptocurrency firm Celsius Network should reflect that the executive provided "substantial assistance" to the government as it pursued the conviction of Celsius' former CEO, who eventually pled guilty to misrepresentation and market manipulation charges.

  • May 06, 2026

    Bronx Landlords Must Pay $31M For Poor Building Conditions

    Two Bronx landlords must pay $31 million in court-ordered penalties for running residential buildings that New York City's government alleges have persistent problems such as pest infestations and lack of indoor heat, the city's mayor's office announced Wednesday.

  • May 06, 2026

    North Korea Victims Fight Crypto Co. Over $71M Frozen Funds

    Individuals with $696 million in judgments against North Korea told a New York federal court that $71 million in crypto assets frozen following a hack they say was perpetrated by North Korea should remain frozen so they can collect on them.

  • May 06, 2026

    Judge Questions OMB Justification For Voiding Grants

    A Massachusetts federal judge on Wednesday pushed back on arguments by the Trump administration that federal agency grants are subject to termination at any time based solely on a change in priorities — a situation, she suggested, that would essentially render any contracts with the government "illusory."

  • May 06, 2026

    Bloom Nu Energy Drinks Have Artificial Ingredients, Suit Says

    Bloom Nu customers filed a proposed class action in New York federal court Tuesday alleging that the health and wellness supplement company deceptively labels its sparkling energy drinks as containing "no artificial colors, flavors, or aspartame," despite the presence of commercially manufactured and chemically processed citric acid. 

  • May 06, 2026

    Financier Charged With Fleecing Billionaire Out Of $450M

    A financier based in Greece defrauded Mexican billionaire Ricardo Salinas Pliego out of $450 million, misappropriating stock that the telecommunications baron used to secure a loan after lying about his bona fides, New York federal prosecutors have alleged.

  • May 06, 2026

    CFTC Fines Trader $200K For Treasury Futures Spoofing

    The U.S. Commodity Futures Trading Commission announced on Wednesday that it settled claims against a dual French and American citizen who it accused of trying to fraudulently control the treasury futures market.

  • May 06, 2026

    Chubb Units Must Cover Environmental Contamination Claim

    Two Chubb insurers must defend an upstate New York town against a state environmental department's claim concerning a regional airport's contamination by so-called forever chemicals unless and until they can establish the claim falls outside an exception to a pollution exclusion, the Second Circuit affirmed.

  • May 06, 2026

    Curiam Capital Atty Launches New IP Litigation Funding Firm

    A former managing director at litigation funder Curiam Capital has launched his own boutique, focused on funding and underwriting for intellectual property litigation, he announced this week.

  • May 06, 2026

    Feds Say Stolen BigLaw Deal Info Aided Huge Trading Scheme

    Federal prosecutors on Wednesday unveiled indictments outlining a massive insider trading scheme that allegedly netted tens of millions of dollars using nonpublic information about mergers and acquisitions worked on by some of the nation's biggest law firms.

  • May 06, 2026

    Citizens Bank Customer Says Software Vendor Leaked Info

    Communications software company Sefas Innovation Inc. has been hit with a proposed class action in Massachusetts federal court accusing it of failing to safeguard the data of its clients' customers from cybercriminals, resulting in a breach of its records in April.

  • May 06, 2026

    Cooley Launches Energy Group With Baker Botts Partner

    Cooley LLP announced Wednesday that it is launching an infrastructure, energy and real estate group with a New York partner from Baker Botts LLP who advises on global energy and infrastructure projects.

  • May 05, 2026

    Cannabis Giants Sued Over Mental Health Marketing

    Recreational cannabis users hit some of the industry's largest companies — Cresco Labs, Green Thumb Industries, Verano Holdings and Curaleaf — with two sprawling lawsuits alleging the businesses overcharged for products deceptively marketed as safe and effective treatments for mental health disorders.

  • May 05, 2026

    Worker Fights 2nd Circ.'s Toss Of Teamsters Fund ERISA Suit

    The U.S. Supreme Court should revive claims that the New York State Teamsters Conference Pension and Retirement Fund was mismanaged, a Teamsters-represented worker argued, asking the justices to breathe new life into his twice-dismissed Employee Retirement Income Security Act lawsuit.

  • May 05, 2026

    Investors In $16B YPF Feud Win Round Against Argentina

    A New York federal judge has ruled that investors in Argentine oil and gas exploration company YPF SA can use discovery obtained in a decade-long dispute against the country in a parallel $16 billion investor-state arbitration they plan to initiate, saying they had shown a "compelling need."

  • May 05, 2026

    ERISA Recap: 5 Litigation Developments From April

    The U.S. Supreme Court turned down a bakery company's bid for review of a union multiemployer pension withdrawal bill, the Fourth Circuit held a bonus plan was exempt from federal benefits law, and the Sixth Circuit ruled federal law preempted Arkansas pharmacy benefit manager laws and regulations. Here's more on those and two other major decisions from April that benefits attorneys may want to know.

  • May 05, 2026

    2nd Circ. Says NY Escrow Interest Law Is Preempted, Again

    The Second Circuit ruled Tuesday that national banks are exempt from a New York law that requires interest to be paid on mortgage escrow accounts, handing a key victory to Bank of America NA in closely watched litigation testing the limits of states' banking regulatory authority.

  • May 05, 2026

    Spirit Airlines Gets OK For Chapter 11 Wind-Down Procedures

    A New York bankruptcy judge on Tuesday agreed to approve Spirit Airlines' package of wind-down motions after rising fuel costs and unsuccessful efforts to secure federal rescue financing forced it to walk away from restructuring plans.

  • May 05, 2026

    Unions Say High Court Backs Standing In AI Surveillance Suit

    Three labor unions cited a recent U.S. Supreme Court ruling in their lawsuit alleging a government surveillance program scours online activity for viewpoints the Trump administration dislikes and leverages the threat of immigration enforcement to suppress speech, arguing that the high court's decision supports their standing in the case.

  • May 05, 2026

    BellRing Derivative Suits Consolidated, Stayed In Delaware

    A Delaware federal judge on Tuesday consolidated two shareholder derivative suits accusing the top brass of protein-shake maker BellRing Brands Inc. of misleading investors about the sales growth of "convenient nutrition" products like energy bars and protein powders, and has put the consolidated action on hold until a dismissal motion in a related securities suit is resolved.

  • May 05, 2026

    Hockey Players Urge 9th Circ. To Revive U.S. Antitrust Claims

    A U.S. federal court erroneously ruled that federal antitrust law did not apply in a case involving Canada-based hockey leagues and teams, players hoping to revive their suit alleging mistreatment by the developmental leagues told the Ninth Circuit on Monday.

  • May 05, 2026

    NJ-NY Tunnel Commission Asks Court To Toss PLA Challenge

    The Gateway Development Commission asked a New Jersey federal judge to toss a construction contractor's constitutional challenge to a project labor agreement that the commission used on a Hudson Tunnel Project initiative, saying the PLA requirement that the contractor is fighting doesn't violate the right to freedom of association.

  • May 05, 2026

    Sportswear Co. Seeks To Flunk Schools' Trademark Win Bid

    Print-on-demand retailer Vintage Brand urged a Georgia federal judge to deny a host of universities an early win in their trademark infringement suit against the company over its sports merchandise, arguing that their motion rests on the disputed premise that their imagery is covered by the Lanham Act.

Expert Analysis

  • When Class Certification Issues And Crypto Nuance Collide

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    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.

  • Series

    Watching Hallmark Movies Makes Me A Better Lawyer

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    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.

  • Keys To Federal Carbon Compliance In Data Center Siting

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    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.

  • NY Bill Elevates Criminal Risk For 'Shadow' Crypto Firms

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    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.

  • Opinion

    AVOID Act Creates 3rd-Party Litigation Risks For Transpo Cos.

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    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.

  • Opinion

    AI Doc Ruling Got Privilege Analysis Wrong

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    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.

  • AG Watch: New York's Heightened Enforcement In Real Estate

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    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.

  • Assessing Potential Legal Claims From Private Credit Turmoil

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    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.

  • What 2nd Circ. Discovery Stay Means For Sovereign Litigation

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    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.

  • Employment Cases Offer Arbitration Clause Drafting Lessons

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    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.

  • 5 Tips For Navigating Your Firm's All-Attorney Summit

    Excerpt from Practical Guidance
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    Law firm retreats should be approached strategically, as they present valuable opportunities to advance both the firm's objectives and attorneys' professional development through meaningful participation, building and strengthening internal relationships, and proactive follow-up, says James Argionis at Cozen O’Connor.

  • NYC Leave Law Expands Compliance Beyond Written Policies

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    Following recent amendments to New York City's Earned Safe and Sick Time Act that expand its uses, give employees 32 hours of immediately available time off and create a right to request schedule changes, compliance now turns on whether employees can use time off without facing barriers or discipline, say attorneys at Polsinelli.

  • Series

    Coaching Soccer Makes Me A Better Lawyer

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    Coaching youth soccer for my 7-year-old son's team has sharpened how I communicate with clients, prepare witnesses, work within teams and think about leadership, making me a more thoughtful and effective lawyer in many ways, says Joshua Holt at Smith Currie.

  • Series

    Law School's Missed Lessons: The Human Element

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    Law school teaches you to quickly apply intellect and logic when handling a legal issue, but every fact pattern also involves a person, making the ability to balance expertise with empathy critical to the growth of relationships with clients, colleagues and adversaries, says Rachel Adcox at Adcox Strategies.

  • How High Court Recast State Sovereign Immunity In Galette

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    The U.S. Supreme Court's unanimous ruling in Galette v. New Jersey Transit, asserting that the state-chartered transit agency has independent corporate personhood and sole obligation to pay judgments against it, turned on substance rather than form — and its analysis should be carefully reviewed in courthouses and statehouses, say attorneys at McCarter & English.

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