A New York federal judge on Wednesday expressed disbelief that the Trump administration adequately considered local conditions when ending Temporary Protected Status for those facing danger in their home countries, staying the decision to end the program for Syrians.
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TOP NEWS

NY Judge Halts DHS' Protected Status Termination For Syrians

By Britain Eakin

A New York federal judge on Wednesday expressed disbelief that the Trump administration adequately considered local conditions when ending Temporary Protected Status for those facing danger in their home countries, staying the decision to end the program for Syrians.

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Samourai Wallet Tech Gets 4 Years In Crypto Laundering Case

By Pete Brush

A Manhattan federal judge sentenced a self-taught coder who managed the day-to-day tech side of crypto mixer Samourai Wallet to four years in prison Wednesday, after he admitted that he knew the business facilitated bitcoin transfers derived from criminal activity.

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Charlie Javice's Redo Bid Says Clerks Had Davis Polk Conflict

By Lauren Berg

Charlie Javice, who faces a seven-year sentence for conning JPMorgan Chase & Co. into buying her college financial aid startup Frank, asked a Manhattan federal judge Wednesday for a new trial, arguing that two clerks who worked on the trial had accepted jobs with the bank's firm Davis Polk & Wardwell LLP.

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NJ Construction Co. Sues Over Hudson Tunnel Union Limits

By Matthew Santoni

A New Jersey construction company wants to delay bidding for part of the $16 billion Hudson Tunnel Project, claiming in a federal lawsuit that the multistate commission overseeing the project unlawfully barred employing the United Steelworkers union currently representing the company's workers.

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ENERGY & ENVIRONMENTAL

Eco Orgs. Ask 2nd Circ. To Undo NY, NJ Pipeline Project Nods

By Keith Goldberg

Environmental groups have sued New York and New Jersey environmental regulators over their issuance of Clean Water Act permits for a controversial Williams Cos. pipeline upgrade after previously denying the permits over pollution concerns.

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INSURANCE

Insurer Says Broker Error Bars Claim For Chocolate Spoilage

By Gianna Ferrarin

Aspen American Insurance Co. hit a U.S. affiliate of French pastry retailer Laduree with a federal complaint seeking to void an insurance contract over a shipment of chocolate the company claimed was improperly refrigerated during overseas transit.

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CONSUMER PROTECTION

Sara Lee Falsely Claims 'No Preservatives,' Suit Says

By Mike Curley

A proposed class of consumers is suing the company behind Sara Lee in New York federal court, alleging its bread products contain citric acid even though the labels indicate they are made without "artificial colors, flavors & preservatives."

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SECURITIES & WHITE COLLAR

Pillsbury Asks 2nd Circ. To Guard $4M Client Fee From SEC

By Aaron Keller

Pillsbury Winthrop Shaw Pittman LLP on Wednesday urged the Second Circuit to allow it to keep a $4 million advance payment retainer from the since-convicted former CEO of a bankrupt cybersecurity company, but the law firm conceded it should have clarified its rights after the government sought an asset freeze.

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COMPETITION

Tennis Australia Seeks Pause In Suit As Antitrust Deal Nears

By Elaine Briseño

Professional tennis players are seeking to pause proceedings against defendant Tennis Australia Ltd. in a lawsuit accusing major organizations in the sport of manipulating pay and rankings through an illegal cartel, saying Wednesday that a settlement is imminent.

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Live Nation Looks To End DOJ's Antitrust Case

By Matthew Perlman

Live Nation told a New York federal court there's no need for a trial in the antitrust case from the U.S. Department of Justice and a contingent of states because enforcers have not shown that it has monopoly power over any live entertainment market or that it hurt competition.

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MERGERS & ACQUISITIONS

3 Firms Lead Churchill Capital's Latest $300M SPAC Filing

By Jade Martinez-Pogue

Special purpose acquisition company Churchill Capital Corp. XI, the latest in a string of SPACs founded by former Citi executive Michael Klein, has launched plans to raise up to $300 million in its initial public offering built by three law firms.

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BANKRUPTCY

Canadian Gas Co. Hits Ch. 15 Ahead Of Nov. Debt Payments

By Clara Geoghegan

Canacol Energy Ltd., a Canadian group that explores natural gas in Colombia, has sought Chapter 15 protection in New York, citing a liquidity crunch hampering its ability to make upcoming payments on over $900 million in debt.

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BANKING

TD Bank Accused Of Chinese Discrimination In AML Fallout

By Sydney Price

Ex-TD Bank employees on Wednesday hit the bank with a proposed class action accusing it of unlawfully targeting and firing its Chinese and Chinese-American workers in an attempt to show compliance with anti-money laundering procedures in the wake of enforcement actions taken by the U.S. government against the bank.

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Deutsche Bank To Pay FINRA $2.5M Over Research Reports

By Sydney Price

The securities segment of Deutsche Bank on Wednesday agreed to pay the Financial Industry Regulatory Authority $2.5 million to settle claims that for 18 years it violated multiple research report disclosure requirements, impacting approximately 110,000 debt and equity research reports.

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INTERNATIONAL ARBITRATION

Judge Allows Peru To Probe Brookfield In Toll Road Dispute

By Caroline Simson

A New York federal judge has agreed to allow Peru to seek documents from Brookfield and others as it pursues domestic criminal proceedings in a feud stemming from an allegedly corrupt toll highway project involving an entity now majority-owned by the asset manager.

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LEGAL INDUSTRY

Bonus Spotlight

BigLaw Begins To Fall In Line With Cravath Bonuses

By Aebra Coe

Fried Frank Harris Shriver & Jacobson, McDermott Will & Schulte LLP and Dechert LLP are among the law firms following the lead of Cravath Swaine & Moore LLP on year-end associate bonuses this week, with at least five large firms matching the market leader within a day of Cravath's Tuesday announcement.

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Troutman Owes $3.7M In Atty Fees After $1M Malpractice Loss

By Jake Maher

Troutman Pepper Locke LLP must pay $3.7 million in attorney fees to a healthcare tech company that won on malpractice claims against the firm in 2024 after six years of litigation and an eight-day bench trial, a New Jersey state judge has ordered.

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Dissent Accuses Redistrict Ruling Of 'Judicial Misbehavior'

By Spencer Brewer

A Fifth Circuit judge denounced the judge who penned a federal court order blocking Texas' newly redrawn congressional map, saying in a Wednesday opinion the order blocking the redistricting amounts to the "most blatant exercise of judicial activism" he had ever seen.

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Halligan Says Grand Jury Never Saw Final Comey Indictment

By Jared Foretek

U.S. Attorney Lindsey Halligan acknowledged Wednesday that the full grand jury in the James Comey case never saw or voted on the final version of the indictment that was handed up to the court in the case. An attorney for Comey said the clarification was grounds for dismissal.

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Alaska Senator Pushes For Better Vetting After Judge Scandal

By Courtney Bublé

Sen. Dan Sullivan, R-Alaska, said on Wednesday that after a federal judge in his state resigned in disgrace last year, he decided he had to revamp his selection process for judicial nominees.

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Latham DQ'd From Sleep Apnea Device Co.'s Patent Fight

By Madison Arnold

A Delaware federal court has disqualified Latham & Watkins LLP from representing the creator of a sleep apnea implant in its patent dispute after the firm served as counsel to the rival's underwriters, saying the "appearance of impropriety is glaring."

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The House's Plan B For Repealing Provision On DOJ Lawsuits

By Courtney Bublé

If the Senate does not take up a bill to repeal a provision in the government funding package allowing senators investigated by former special counsel Jack Smith to sue for damages, a Republican House member is already making contingency plans.

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Justices Told Presidential Firing Limits Is An 'Originalist' Idea

By Katie Buehler

A bipartisan collection of current and former government officials has urged the U.S. Supreme Court to uphold a 90-year-old ruling that empowers Congress to prohibit the president from firing certain agency officials at will, claiming the precedent has roots that date back to the country's founding and reflects key separation of powers principles.

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LAW FIRMS IN TODAY'S NEWS

Advocates for Justice Chartered Attorneys

Boies Schiller

Cadwalader Wickersham

Cahill Gordon

Carmichael Ellis

Connell Foley

Cooley LLP

Covington & Burling

Cravath Swaine

Davis Polk

Dechert LLP

Dilworth Paxson

Don Bivens PLLC

Duane Morris

Elias Law Group LLP

Ellenoff Grossman

Foley Hoag

Fox Rothschild

Freshfields

Fried Frank

Kennedys Law LLP

King & Spalding

Latham & Watkins

Linklaters LLP

McDermott Will & Schulte

McElroy Deutsch

Milbank LLP

Mintz Levin

Morris Nichols

Pachulski Stang

Paul Hastings

Pillsbury Winthrop

Proskauer Rose

Quinn Emanuel

Seila Law

Shapiro Arato

Sterlington PLLC

Troutman

Van Der Hout LLP

Weil Gotshal

White & Case

Zuckerman Spaeder

COMPANIES IN TODAY'S NEWS

ATP Tour Inc.

Above the Law

Association of Tennis Professionals

Bimbo Bakeries USA Inc.

Binance Holdings Ltd.

Brookfield Asset Management Ltd.

Brookfield Infrastructure Partners LP

Cantor Fitzgerald LP

Citigroup Inc.

Deutsche Bank AG

Earthjustice

Financial Industry Regulatory Authority Inc.

Food & Water Watch

George Washington University

Hillshire Brands Co.

Inspire Medical Systems Inc.

International Refugee Assistance Project

JPMorgan Chase & Co.

KPMG International

LinkedIn Corp.

Live Nation Entertainment Inc.

Marriott International Inc.

Mexican American Legal Defense & Educational Fund

Morgan Stanley

Muslim Advocates

Nasdaq Inc.

Natural Resources Defense Council

New York University

Odebrecht SA

Stanford University

Tennis Australia Ltd.

The Bank of Nova Scotia

The Williams Cos. Inc.

Toronto-Dominion Bank

UCLA School of Law

United Steelworkers

WTA Tour Inc.

Wells Fargo & Co.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Alaska Department of Law

Consumer Financial Protection Bureau

Delaware Court of Chancery

Federal Bureau of Investigation

Federal Energy Regulatory Commission

Federal Judicial Center

Federal Mine Safety and Health Review Commission

Federal Trade Commission

Food and Drug Administration

International Chamber of Commerce

National Labor Relations Board

New Jersey Department of Environmental Protection

New Jersey Supreme Court

New York State Department of Environmental Conservation

Nuclear Regulatory Commission

Privacy and Civil Liberties Oversight Board

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

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

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

U.S. Court of Appeals for the Second Circuit

U.S. Department of Homeland Security

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the District of Columbia

U.S. District Court for the District of Delaware

U.S. District Court for the District of New Jersey

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

U.S. District Court for the Eastern District of Virginia

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

U.S. District Court for the Western District of Arkansas

U.S. District Court for the Western District of Texas

U.S. House of Representatives

U.S. Immigration and Customs Enforcement

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court