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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
New York City Council Member Sandy Nurse confirmed at a Thursday 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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 08, 2026
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.
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May 07, 2026
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.
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May 07, 2026
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.
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May 07, 2026
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.
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May 07, 2026
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."
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May 07, 2026
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.
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May 07, 2026
The former CEO of Texas financial services firm Beneficient was convicted by a Manhattan federal jury on Thursday of securities fraud and other charges connected with a scheme to fraudulently loot more than $150 million from now-defunct GWG Holdings, a publicly traded company for which he served as chairman.
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May 07, 2026
A New York engineering and design firm that contracted to reconstruct a 10-mile stretch of Interstate 70 in Denver asked a Colorado state jury to award it $32.5 million for breaches it says a subcontractor made during the project's course.
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May 07, 2026
Bayer AG has been hit with a proposed class action in New York federal court alleging that claims on its Men's One A Day Pre-Conception Health Multivitamin supplements misleadingly convey that they could improve chances of conception and support sperm health.
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May 07, 2026
A New York federal judge on Wednesday declined to decertify a class action alleging that Bayer's "One A Day" gummy vitamins deceive consumers about serving sizes, allowing the case to continue since there's evidence that a significant number of consumers could be confused.