New York

  • July 01, 2022

    ATBCoin Investors Seek Class Cert. To Pursue Fraud Claims

    Investors in defunct cryptocurrency venture ATBCoin are requesting class certification before they seek a default judgment against the venture's principals, according to documents filed in New York federal court.

  • July 01, 2022

    Google Vows To Delete Abortion Trip Data In Wake Of Dobbs

    A Google executive unveiled a new policy Friday promising to delete user location data related to visits to abortion clinics and other health providers, following calls by Democratic lawmakers for the tech giant to delete data so that prosecutors in states where abortions are illegal can't use it in prosecutions.

  • July 01, 2022

    Coverage Suit Over Poppy Seed Stroke Claims Sent To NY

    Ohio Security Insurance Co.'s suit seeking to escape coverage of a nut company facing product liability claims after a woman said she suffered strokes from ingesting unwashed poppy seeds must take place in the Southern District of New York, a New Jersey federal judge ruled.

  • July 01, 2022

    NY Denies Power Plant Air Permit For Crypto Miner Greenidge

    New York environmental regulators have denied a request from a coal power plant-turned-cryptocurrency mining facility at the Finger Lakes to renew its air permit, finding that the facility does not comply with the state's climate and clean energy laws. 

  • July 01, 2022

    New York Youth Club Targets Quick Ch. 11 Claim Mediation

    Madison Square Boys & Girls Club told a New York bankruptcy judge Friday that it wants to get going with mediation on nearly 150 sexual abuse claims as soon as possible to stave off a potential liquidation, which is likely absent a negotiated settlement.

  • July 01, 2022

    Ch. 11 Cheat Sheet: Madison Square Boys & Girls Club

    New York youth recreation program Madison Square Boys & Girls Club Inc. filed for Chapter 11 protection June 29 to deal with nearly 150 claims for childhood sexual abuse dating back to the 1940s.

  • July 01, 2022

    Market Conditions Blamed For Canceled Merger, Panera IPO

    Panera Brands Inc. and a special-purpose acquisition company backed by restaurateur Danny Meyer ended an investment deal Friday that would have supported the eatery chain's initial public offering, while another SPAC merger was also canceled, both blaming market conditions.

  • July 01, 2022

    Plenty Of Suitors But Still No Deal For Kohl's

    Kohl's Corp. announced Friday that it has terminated talks about selling its business to retail-focused holding company Franchise Group Inc., citing the current financing and retail environments.

  • July 01, 2022

    The Firms That Won Big At The Supreme Court

    Oral arguments at the U.S. Supreme Court are always a singular experience, the more so this term as the justices returned to hearing cases in person after being remote last term.

  • July 01, 2022

    The Sharpest Dissents From The Supreme Court Term

    Most of this term's U.S. Supreme Court dissents came from its left-leaning justices, who accused the conservative majority of voting politically, flouting decades of precedent and harming the legitimacy of the court itself.

  • July 01, 2022

    The Funniest Moments Of The Supreme Court Term

    While considering weighty issues, the U.S. Supreme Court justices still found moments of levity during oral arguments, ribbing one another and Justice Stephen Breyer as he floated ever more fantastical hypotheticals during his final term on the bench.

  • July 01, 2022

    Judge Says Stock Loan Antitrust Class Should Be Certified

    A federal magistrate judge has called for the partial certification of a proposed class of investors who accused major banks including JPMorgan and Goldman Sachs of colluding to kill competition in the stock loan market, saying that the class meets all the necessary requirements, but the class period should not be expanded.

  • July 01, 2022

    Hunton Adds Ex-Shearman Energy Deals Atty In New York

    Hunton Andrews Kurth LLP added a project development and finance attorney previously with Shearman & Sterling LLP who has worked on various major international energy infrastructure projects as a counsel in New York, the firm has announced.

  • July 01, 2022

    The Chattiest Justice Of The Term Is ...

    While little felt “normal” at the U.S. Supreme Court, the justices were largely back to their pre-pandemic habits when it came to speaking up from the bench, with one justice again standing out as the court's chattiest member this term.

  • July 01, 2022

    Breaking Down The Vote: The High Court Term In Review

    The overturning of a long-standing precedent, the surprising leak of a draft opinion and the announcement of Justice Stephen Breyer's retirement all made for a tumultuous term at the U.S. Supreme Court. Here, Law360 takes a data dive into the numbers behind this court term.

  • June 30, 2022

    Insurer Must Defend 'Lottery Lawyer' In Criminal Case

    Fireman's Fund Insurance Co. will have to provide a defense for "Lottery Lawyer" Jason Kurland, a New York federal judge found Wednesday.

  • June 30, 2022

    Grayscale Sues SEC After It Rejects Another Bitcoin ETF

    Grayscale Investments has asked the D.C. Circuit to review the U.S. Securities and Exchange Commission's decision to turn down yet another effort to launch an exchange-traded fund that holds bitcoin.

  • June 30, 2022

    Thomas Dissents On Denial Of NY Health Worker Vax Case

    Even though the U.S. Supreme Court shot down New York health care workers' challenge to a COVID-19 vaccine requirement, three justices disagreed, with Justice Clarence Thomas saying there was "considerable confusion" over mandates like the Empire State's.

  • June 30, 2022

    NY AG Atty Says No 'Bad Blood' In Eviction Law Firm Suit

    The New York Attorney General's Office told a New York state court that the "past bad blood" that real estate law firm Balsamo Rosenblatt & Hall PC alleges is undergirding a deceptive rent collection practices suit simply does not exist.

  • June 30, 2022

    Justices Tell Courts To Review Gun Control Laws In 4 States

    The U.S. Supreme Court on Thursday vacated three lower federal appellate courts' four decisions affirming gun control laws in California, Hawaii, Maryland and New Jersey, and told the courts to reexamine the cases in light of the high court's recent landmark expansion of gun ownership rights.

  • June 30, 2022

    Cushman-Newmark Merger Could Spur Uptick In Conflicts

    A rumored merger between commercial real estate companies Cushman & Wakefield PLC and Newmark Group will likely create additional deals conflicts as well as employee shakeups, yet while the deal involves two brokerage powerhouses, some experts say the matter is unlikely to face antitrust hurdles.

  • June 30, 2022

    Insurer Sues New York Marina Over Detained Boat

    An insurer claims a Brooklyn, New York, marina spiked storage rates and refuses to release a boat that was stored on a prepaid contract until the difference is paid.

  • June 30, 2022

    Deutsche, NatWest Eye Deals Worth $34M In Swiss Libor Case

    A proposed class of investors accusing various financial institutions of conspiring to manipulate the Swiss franc Libor has asked a New York federal court to approve a $21 million settlement with NatWest Markets and a $13 million settlement with Deutsche Bank.

  • June 30, 2022

    2nd Circ. Axes 13-Year Sentence In $25M Medicare Fraud Case

    The Second Circuit vacated on Thursday a health clinic manager's 13-year sentence for money laundering and conspiracy to obstruct the IRS over what the government calls a $25 million Medicare scheme, finding the case's complexity didn't justify delaying his trial.

  • June 30, 2022

    Kanye West Sued Over Unauthorized Samples On 'Donda 2'

    A song on Kanye West's most recent album "Donda 2" features 22 unauthorized samples from the popular 1980s house music song "Move Your Body," according to a copyright infringement case filed in New York federal court.

Expert Analysis

  • Watching The Legal Sports Betting Ecosystem Take Shape

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    The number of U.S. states getting in on the recently legalized $4.29 billion sports-betting industry is on the rise, and stakeholders must be aware that the regulatory scheme looks dramatically different from state to state, say James Johnston and Louis DiLorenzo at Davis+Gilbert.

  • Make Room For Serendipity In Your Legal Job Search

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    Landing your dream legal job gets easier when you cultivate serendipity — which involves expanding and deepening your network, while being flexible, authentic and engaged with the world around you, says Anna Sanders at VOYLegal.

  • Growth Of Cannabis Industry Raises Labor Law Questions

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    As more states legalize cannabis cultivation, manufacture and use — which remains illegal federally — there may be a wave of new workers in the industry, and businesses will need to consider what law will govern the employer-employee relationship and what role unions will play, say Gabriel Jiran and Sarah Westby at Shipman & Goodwin.

  • Ethics Considerations For Attorneys Joining Nonprofit Boards

    Excerpt from Practical Guidance
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    Many charitable organizations offer attorneys board positions to benefit from their specialized legal knowledge, but there are ethical considerations and liability dangers that demand lawyers set boundaries about their roles and responsibilities, says Patrick Sturm at LexisNexis.

  • Ireland Examinership Becoming Critical In Int'l Insolvency

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    U.S. practitioners should take note of a unique avenue of restructuring in Ireland, as highlighted by recent international bankruptcy cases that culminated in examinership petitions to the Irish courts, says Sam Saarsteiner at Clark Hill.

  • Cybersecurity Basics Are Key to Combating Ransomware

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    Recent prohibitions on ransom payments and other public policy measures vastly underestimate the breadth and complexity of the ransomware problem and will only work if organizations adopt basic cyber defenses, says Kate Margolis at Bradley.

  • NY Contractor Relief Bill Is Much-Needed, But Imperfect

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    Once signed by the governor, New York's S.B. 10109 will correctly provide relief to construction contractors negatively affected by drastic material price escalations, though it is held back by an arbitrary time restriction, say attorneys at Cohen Seglias.

  • 2nd Circ. Ruling Highlights ERISA Determination Deadlines

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    As seen in the Second Circuit’s recent McQuillin v. Hartford decision, the deadlines for deciding Employee Retirement Income Security Act claims and appeals have teeth, and there are consequences when a plan administrator fails to comply, says Mark DeBofsky at DeBofsky Sherman.

  • NYC Office Tower Ch. 11 Shines Light On Blocking Provisions

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    PMW Management's Chapter 11 filing, which recently received extra time to submit a restructuring plan, highlights courts' increasing skepticism of bankruptcy blocking provisions and favoritism toward leaving bankruptcy restructuring plans in the hands of the debtor, say Jeff Marwil and Ashley Weringa at Proskauer.

  • Recent Trade Secret Cases Show Sentencing Disparities

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    Sentencing disparities in U.S. trade secret cases have surfaced in recent years, and legal practitioners should know that courts have found that the intended loss does not necessarily equal the cost of development of stolen trade secrets or the defendant's intended gain from misappropriation, says Steven Lee at Lewis Brisbois.

  • Opinion

    NYC Pay Transparency Law May Fail To Close Wage Gap

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    Peter Glennon at The Glennon Law Firm argues that New York City’s new pay transparency law, requiring employers to post salary information in job listings, creates a number of challenges for businesses, raising the question: Could encouraging the use of existing tools close the wage gap without the need for additional legislation?

  • Advising A Cannabis Business Amid Patchwork Of Regs

    Excerpt from Practical Guidance
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    As the cannabis industry continues to grow, so does its widely varied patchwork of local, state and federal regulation, and practitioners should familiarize themselves with the specific rules on tax, real estate, intellectual property and banking applicable in the jurisdictions where their clients operate, say Patrick Hines and Fallon Martin at Hodgson Russ.

  • Opinion

    Now's The Time To Address Archaic Law School Curricula

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    With law school enrollments jumping significantly ahead of a potential recession and more students graduating than the market can absorb, law schools should turn to creative solutions to teach students how to negotiate, work with clients, specialize and use technology to practice their craft more efficiently, says University of Colorado adjunct professor Jason Mendelson.

  • Sears Bankruptcy Case Shows Modification Disclosure Is Key

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    The recent New York federal court decision in Transform Holdco v. Sears Holdings highlights the importance of seeking approval of any material modifications to a purchase agreement in a bankruptcy, as historical setting can be a factor if any dispute arises later between a debtor and a buyer, say Frank Grese and Reginald Sainvil at Baker McKenzie.

  • Lessons From Lawyer Fee-Sharing Agreements Gone Wrong

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    The recent fee-sharing dispute between Edelson and Girardi Keese is a reminder that lawyers who do not strictly follow the applicable rules may risk a disciplinary complaint, lose their share of the fee, or wind up in costly litigation with co-counsel, says David Grossbaum at Hinshaw.

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