New York Law360 provides breaking news and analysis on legal and regulatory issues in New York state. Coverage includes high-stakes litigation, policy developments, and corporate deals affecting the state.
Israeli billionaire Beny Steinmetz is claiming that new evidence recently uncovered by the Israeli private intelligence agency Black Cube in his long-running dispute with Vale SA over a doomed Guinean mining project shows that the Brazilian miner knew about the alleged fraud underpinning the deal from the beginning.
Five issues from the biotechnology and health care fields recently bolstered the initial public offerings pipeline with fresh filings, led by a potential $2 billion offering from a biopharmaceutical royalty owner, signaling a busier June for an IPO market rebounding from a coronavirus-related pause.
A pair of accused COVID-19 fraudsters on Tuesday denied price-gouging charges stemming from a purported scheme to resell 1 million personal protective masks at a 50% hike.
A former CBS Corp. human resources manager accusing the media conglomerate of widespread sexual harassment and discrimination is now attempting to "backtrack from her sweeping and threadbare allegations" to get her suit shipped back to New York state court, according to a motion from CBS.
FivePoint Holdings may scrap plans to build 750,000 square feet of office space in San Francisco and instead build health care-related space, Bank OZK has reportedly loaned $29 million for a Queens project, and Ocean Bank is said to be hoping to get $16.5 million with the sale of a Miami development site.