Adult film star Stormy Daniels detailed for a Manhattan jury on Tuesday how a sexual encounter with Donald Trump in 2006 led to an alleged $130,000 hush money payment in 2016, describing how it was "fear and not money" that led her to make the deal.
Law360
New York
WEDNESDAY, MAY 8, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Stormy Daniels Tells NY Jury 'Fear' Drove Hush Money Deal

By Frank G. Runyeon, Stewart Bishop and Rachel Scharf

Adult film star Stormy Daniels detailed for a Manhattan jury on Tuesday how a sexual encounter with Donald Trump in 2006 led to an alleged $130,000 hush money payment in 2016, describing how it was "fear and not money" that led her to make the deal.

Read full article » | Save to favorites »

Coverage Recap: Day 9 Of Trump's NY Hush Money Trial

By Rachel Scharf, Stewart Bishop and Frank Runyeon

Law360 reporters are providing live updates from the Manhattan criminal courthouse as Donald Trump goes on trial for allegedly falsifying business records related to hush money payments to porn star Stormy Daniels ahead of the 2016 election. Here's a recap from day nine.

Read full article » | Save to favorites »

NY Officials Tout Crackdown On Illicit Cannabis Market

By Sam Reisman

New York state cannabis regulators on Tuesday touted new legislative changes empowering them to more swiftly crack down on unregulated marijuana sales, the same day that New York City officials announced a program to step up enforcement against unlicensed retailers.

Read full article » | Save to favorites »

Google Says Exec's Firing Based On Behavior, Not Bias

By Emmy Freedman

Google urged a New York federal court to toss a lawsuit from a former executive who said he was fired for being a white man, arguing his termination came because he threw a raucous, alcohol-fueled party at his lake house despite receiving prior warnings about bad behavior.

Memorandum attached | Read full article » | Save to favorites »

Truth Social Investor Grilled By Feds At Insider Trading Trial

By Pete Brush

A Florida investment pro on trial for allegedly exploiting confidential plans to take Truth Social public in a $23 million insider trading case was challenged Tuesday by prosecutors on the timing of trades and communications before the "special" media deal.

Read full article » | Save to favorites »

2nd Circ. Weighs Border Wall Fraud Juror's Tie To Prosecution

By Cara Salvatore

A Colorado man convicted of scheming to defraud donors to a campaign to build a southern border wall told the Second Circuit on Tuesday that his trial was tainted by a juror's family connection to the prosecution team.

Read full article » | Save to favorites »

POLICY & REGULATION

Top Dem Cuts Cuellar Slack Not Given Santos, Menendez

By Courtney Bublé

House Democratic leadership has continued its defense of Rep. Henry Cuellar, D-Texas, following the recent bribery indictment against him and his wife, saying the situation is different from the indictments last year against Rep. George Santos, R-N.Y., and Sen. Bob Menendez, D-N.J.

Read full article » | Save to favorites »

85 Lawmakers Join Chorus Opposing Space Force Transfers

By Chart Riggall

A bipartisan group of 85 federal lawmakers on Tuesday joined all 50 state governors in opposing a proposal to allow Air National Guard units to be transferred to the U.S. Space Force without gubernatorial approval, arguing the measure would undermine "the integrity and longstanding mission of the National Guard."

Letter attached | Read full article » | Save to favorites »

REAL ESTATE & DEVELOPMENT

NYC Eatery Asks 2nd Circ. To Undo Revival Of Workers' Suit

By Emlyn Cameron

A New York City restaurant operator urged the Second Circuit Tuesday to reject a lower court finding that its workers' federal wage claims may be cut from their class action but can also be reinstated if the appeals court were to vacate their state wage claims, insisting the decision is unfair.

2 documents attached | Read full article » | Save to favorites »

INSURANCE

Insurer Seeks Hearing Cancellation In Arbitrator Bias Dispute

By Jennifer Mandato

An insurer seeking the removal of an arbitrator in a Bermuda reinsurance coverage dispute told the Second Circuit on Tuesday that a hearing on the issue should be canceled as an award was issued in the arbitration, rendering the dispute moot.

Brief attached | Read full article » | Save to favorites »

PERSONAL INJURY & MEDICAL MALPRACTICE

3rd Circ. Unsure Miss. Law Saves Kavanaugh Classmate's Suit

By Matthew Santoni

Weighing whether New York or Mississippi law controls a libel lawsuit that Justice Brett Kavanaugh's former classmate filed against The Huffington Post could be moot if neither state's law offers an extension for refiling claims dismissed for lack of personal jurisdiction, a Third Circuit panel suggested Tuesday.

Read full article » | Save to favorites »

EMPLOYMENT

Amazon Worker Wants Class Cert. In Military Leave Suit

By Emmy Freedman

A former Amazon worker urged a New York federal court to greenlight a more than 9,000-member class of military reservists in her lawsuit accusing the e-commerce giant of failing to provide paid leave for employees on active duty, saying the dispute is best suited for class treatment.

2 documents attached | Read full article » | Save to favorites »

SECURITIES & WHITE COLLAR

Trump Media Co-Founders Seek Chancery Contempt Order

By Jeff Montgomery

Two early investors in Trump Media & Technology Group have called for a Delaware Court of Chancery contempt ruling against Donald Trump's Truth Social media company, saying its attempt to claim their shares in a Florida lawsuit contradicted earlier representations in Delaware.

Read full article » | Save to favorites »

Santos Says Feds Overstepped With ID Theft Charge

By Elliot Weld

Former U.S. Rep. George Santos told a Brooklyn federal court that prosecutors used an unconstitutionally vague identity theft statute to charge him with reporting fake fundraising numbers to the Federal Election Commission.

Memorandum attached | Read full article » | Save to favorites »

SEC Says Morrison Can't Save Terraform From Disgorgement

By Aislinn Keely

The U.S. Securities and Exchange Commission said bankrupt crypto firm Terraform Labs should remain on the hook for potentially $3.6 billion in disgorgement over its fraud trial loss, saying any claims that its unregistered transactions took place beyond the court's reach are undermined by the agency's congressional authority.

Brief attached | Read full article » | Save to favorites »

Everton Investors Bemoan Soccer Team Sale Amid Fraud Suit

By Elaine Briseño

The Everton FC Shareholders Association wants to slam the brakes on the "farce" sale of its Premier League soccer team to private equity firm 777 Partners LLC, arguing they are not qualified owners, a demand that comes as the firm faces allegations of fraud.

Complaint attached | Read full article » | Save to favorites »

MERGERS & ACQUISITIONS

Fashion Cos. Say FTC Bid To Ax $8.5B Deal 'Makes No Sense'

By Lauren Berg

The Federal Trade Commission's move to block the owner of Coach and Kate Spade from buying the owner of Michael Kors and Jimmy Choo for $8.5 billion "makes no sense," the companies argued in response, saying they aren't the only handbag brands in the game.

2 documents attached | Read full article » | Save to favorites »

PRIVATE EQUITY

Fenwick-Led Cloud Security Co. Raises $1B At $12B Valuation

By Jade Martinez-Pogue

New York-headquartered cloud security company Wiz, advised by Fenwick & West LLP, announced on Tuesday that it hit a $12 billion valuation after securing $1 billion in its latest fundraising round.

Read full article » | Save to favorites »

PEOPLE

Clyde & Co. Continues Aviation Growth With K&L Gates Atty

By Adrian Cruz

Clyde & Co. has announced it hired a new partner in New York from K&L Gates who brings over 30 years of experience working on aviation, project and transportation finance matters.

Read full article » | Save to favorites »

Steptoe Adds SEC Enforcement Head From Miller & Chevalier

By Jack Rodgers

Steptoe LLP has hired a former Miller & Chevalier Chtd. member, who joins the firm to lead its U.S. Securities and Exchange Commission enforcement practice in the firm's Washington and New York offices.

Read full article » | Save to favorites »

Bloch & White Adds Civil Rights Atty From 'Ghost Gun' Case

By Tracey Read

Bloch & White LLP has hired "one of the winningest trial attorneys" in the Eastern District of New York's history as counsel, the firm said Monday.

Read full article » | Save to favorites »

EXPERT ANALYSIS

2nd Circ. Eminent Domain Ruling Empowers Municipalities

The Second Circuit's recent decision in Brinkmann v. Town of Southold, finding that a pretextual taking does not violate the Fifth Amendment's takings clause, gives municipalities a powerful tool with which to block unwanted development projects, even in bad faith, say James O'Connor and Benjamin Sugarman at Phillips Lytle.

Decision attached | Read full article » | Save to favorites »

LEGAL INDUSTRY

Titan Of The Plaintiffs Bar: Lieff Cabraser's Kelly Dermody

By Irene Spezzamonte

A semester off from Harvard University in the late 1980s meant for reflection instead turned into a pivotal moment in Kelly Dermody's life, settling the roots for her successful career during which she has become a lighthouse for employment and discrimination cases.

Read full article » | Save to favorites »

Ga. Appeals Court Will Review Trump DQ Bid In Election Case

By Kelcey Caulder

The Georgia Court of Appeals on Wednesday agreed to review a judge's ruling allowing Fulton County District Attorney Fani Willis to continue prosecuting the election interference case she brought against former President Donald Trump.

Order attached | Read full article » | Save to favorites »

Fani Willis Is Outraising Primary Challenger More Than 5 To 1

By Chart Riggall

Less than two weeks from the first hurdle in her bid for reelection, Fulton County District Attorney Fani Willis is boasting a​​ campaign war chest more than five times heftier than her Democratic challenger's, according to campaign finance disclosures filed this week.

Read full article » | Save to favorites »

Biden Picks US Magistrate Judge In Fla. For 11th Circ.

By Courtney Bublé

President Joe Biden announced Wednesday his intent to nominate U.S. Magistrate Judge Embry J. Kidd to the Eleventh Circuit.

Read full article » | Save to favorites »

Judge OKs American University's $5.4M COVID Tuition Deal

By Ali Sullivan

A D.C. federal judge gave the final nod to a $5.4 million deal resolving class action claims brought by American University students seeking tuition refunds after the school pivoted to remote learning during the early days of the COVID-19 pandemic.

2 documents attached | Read full article » | Save to favorites »

Series

Swimming Makes Me A Better Lawyer

Years of participation in swimming events, especially in the open water, have proven to be ideal preparation for appellate arguments in court — just as you must put your trust in the ocean when competing in a swim event, you must do the same with the judicial process, says John Kulewicz at Vorys.

Read full article » | Save to favorites »

Promo that reads Law360 2024 Titans of the Plaintiffs Bar Promo that reads Law360 Pulse 2024 AI Survey

LAW FIRMS IN TODAY'S NEWS

Abrams Fensterman

Aidala Bertuna

Bloch & White

Bradley Arant

BraunHagey & Borden

Bruch Law Group

Bursor & Fisher

Caldwell Carlson

Chaffetz Lindsey

Choate Hall

Clyde & Co

Cranfill Sumner

DLA Piper

Davis Wright Tremaine LLP

Dechert LLP

Dentons

Fenwick & West

Foley & Lardner

Gibson Dunn

Griffin Durham

Halloran Farkas

Hamberger & Weiss

Hunton Andrews

Jones Day

Joseph & Kirschenbaum

K&L Gates

Kaplan Hecker

King & Spalding

Latham & Watkins

Leeds Brown

Lewis Brisbois

Lieff Cabraser

Mancilla & Fatone

Miller & Chevalier

Morrison Foerster

NechelesLaw

Neufeld Scheck

Outten & Golden

Paul Hastings

Phillips Lytle

Pierson Law LLC

Poulin Willey

Reed Smith

Saul Ewing

Shapiro Arato

Steptoe LLP

Virginia & Ambinder

Vorys

Wachtell Lipton

Weil Gotshal

Williams & Connolly

Willkie Farr

WilmerHale

Wise Carter

Zeisler PLLC

Zuckerman Spaeder

COMPANIES IN TODAY'S NEWS

777 Partners LLC

Amazon.com Inc.

American Bar Association

Andreessen Horowitz LLC

Barclays Center

Burberry Group

Capri Holdings Ltd.

Financial Industry Regulatory Authority Inc.

George Washington University

Getty Images Inc.

Google LLC

Gucci Group NV

Harvard University

HuffingtonPost.com LLC

Index Ventures SA

Jimmy Choo Ltd.

Jump Trading LLC

Kate Spade & Co.

L'Oreal SA

LVMH Moet Hennessy

Lightspeed Management Co. LLC

LinkedIn Corp.

Mercedes-Benz USA LLC

Michael Kors Holdings Ltd.

National Australia Bank Ltd.

New York University

Public Co. Accounting Oversight Board

Salesforce.com Inc.

Sequoia Capital Operations LLC

Sompo International Holdings Ltd.

Tapestry Inc.

The City University of New York

The Goldman Sachs Group Inc.

The Leadership Conference on Civil & Human Rights

The State University of New York

Trump Organization Inc.

Twitter Inc.

Walmart Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware Court of Chancery

Federal Election Commission

Federal Trade Commission

Georgia Supreme Court

International Chamber of Commerce

Manhattan District Attorney's Office

New York City Police Department

U.S. Army

U.S. Attorney's Office

U.S. Attorney's Office for the Eastern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Second Circuit

U.S. Court of Appeals for the Third Circuit

U.S. Department of Justice

U.S. District Court for the District of Columbia

U.S. District Court for the Eastern District of New York

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of New York

U.S. Securities and Exchange Commission

U.S. Supreme Court