American Media Inc., which publishes the National Enquirer, has admitted to paying a woman $150,000 in order to help President Donald Trump hide his alleged affairs and bolster his chances of being elected president, federal prosecutors revealed on Wednesday.
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TOP NEWS

National Enquirer Co. Admits Covering Up Trump Affair Story

American Media Inc., which publishes the National Enquirer, has admitted to paying a woman $150,000 in order to help President Donald Trump hide his alleged affairs and bolster his chances of being elected president, federal prosecutors revealed on Wednesday. Read full article »

Cohen Gets 3 Years For Russia Lies, Paying Trump Women

A Manhattan federal judge sentenced Michael Cohen, President Donald Trump's former lawyer, to three years in prison Wednesday for a “smorgasbord” of crimes, including paying off two women who said they had affairs with the president, lying to Congress about Russia, and dodging taxes on $4.1 million of income. Read full article »

EPA Defends Water Rule Delay In NY Fed. Court

The federal government on Wednesday asked a New York federal judge to dismiss challenges to the Trump administration’s bid to block an Obama-era water rule, arguing it met all legal requirements — but opponents told the judge the effort lacked the requisite public input and should be trashed. Read full article »

Algerian Jail Was Enough For Swiss Banker, Judge Rules

A Swiss financial services worker who was nabbed in Algeria on U.S. fraud charges and spent a year in a packed and filthy jail while awaiting extradition was sentenced to no additional prison time by a Manhattan federal judge on Wednesday. Read full article »

Key Witness In Embraer Case Avoids Prison For Saudi Bribe

A Manhattan federal judge on Wednesday allowed a 62-year-old former Embraer SA executive to avoid prison for paying a fat bribe to improve a jet-purchase deal with oil giant Saudi Aramco, but fined him $25,000 for failing to immediately disclose a $130,000 kickback he took in the bargain. Read full article »

2nd Circ. Rules Digital Music Resales Are Illegal

Online services can’t resell digital music the same way used record stores resell albums, the Second Circuit ruled Wednesday, saying such resales involve illegally reproducing copyrighted works. Read full article »

CONSUMER PROTECTION

Fla. Hotel Escapes ADA Suit After Disabled Woman Pulls Out

A Florida federal court Wednesday dismissed a suit against a resort filed by a disabled woman who alleged its website fails to provide the required accessibility information under the Americans with Disabilities Act, handing down the order after she asked that the case be dismissed. Read full article »

MEDIA & ENTERTAINMENT

NY Pirate Radio Operator Arrested After FCC Tip

A pirate radio operator in Westchester, New York, has been busted by local authorities working off a tip from the Federal Communications Commission, the agency announced Wednesday, marking a rare arrest in an enforcement arena that is usually limited to fines and seizures. Read full article »

INTELLECTUAL PROPERTY

AMC To Face Ex-'Walking Dead' Exec's $300M Royalties Suit

A five-year fight between “The Walking Dead” show creator Frank Darabont and entertainment behemoth AMC over the hit zombie show’s royalties is poised to head to trial after a New York judge on Monday issued a long-awaited ruling keeping the $300 million case alive. Read full article »

EMPLOYMENT

2nd Circ. Agrees Xerox Worker's Benefits Claim Was Too Late

A Second Circuit panel on Wednesday handed a win to a Xerox benefit plan in a retiree’s suit claiming that a “phantom” deduction unlawfully cut into his pension benefits, finding he brought a benefits denial claim too late.  Read full article »

CBS News, 3 Female Staffers End Dispute Over Charlie Rose

CBS News Inc. has reached a confidential settlement resolving claims made by three women in New York state court that it allowed former news personality Charlie Rose to sexually harass them by improperly ignoring other sexual harassment allegations against him for years. Read full article »

UBS Balks At Whistleblower Case's $3.2M In Attys' Fees

UBS Securities asked a New York federal judge Tuesday to reject a “jaw-dropping” and “excessive” $3.2 million in attorneys' fees requested by a former analyst who won a $1 million verdict in his whistleblower trial under representation by Herbst Law PLLC and Broach & Stulberg LLP. Read full article »

SECURITIES & WHITE COLLAR

SEC Mostly Victorious In Suit Over Sloppy Action Reports

A New York federal judge gave the U.S. Securities and Exchange Commission a partial win Tuesday in its suit against a brokerage firm that allegedly failed to file adequate and timely Suspicious Activity Reports, ruling the majority of SARs flagged by the agency contained "deficient narratives." Read full article »

COMPETITION

Sports Magnate Facing US Soccer Subpoena In Antitrust Row

The U.S. Soccer Federation says it plans to subpoena a former North American Soccer League board member who owns the league's Miami team to testify in an antitrust dispute in New York federal court, continuing its crusade to depose the sports magnate in the face of staunch pushback from the league. Read full article »

BANKRUPTCY

Synergy Pharma Files Ch. 11, Bausch Health Offers $200M Bid

Biopharmaceutical company Synergy Pharmaceuticals Inc. filed for Chapter 11 in New York bankruptcy court on Wednesday, with plans to shrug off its $130 million debt load by selling itself to Bausch Health Companies Inc. for an opening bid of roughly $200 million. Read full article »

Sears Defends $25M Exec Bonuses From Trustee In Ch. 11

Sears Holding Corp. on Wednesday asked a New York bankruptcy court to reject a U.S. Trustee’s Office challenge to its proposal to pay $25 million in bonuses to top executives and employees, saying it's established the bonuses are fair and needed. Read full article »

BANKING

Mortgage Co. Settles Loan Insurance FCA Case For $14.5M

Finance of America Mortgage will pay $14.5 million to resolve a whistleblower lawsuit alleging that a predecessor company originated and underwrote deficient loans backed by federal insurance in violation of the False Claims Act, the U.S. Department of Justice announced Wednesday. Read full article »

TAX

Cayuga Nation Secures Win In NY Property Tax Row

A New York federal court judge has sided with the Cayuga Indian Nation in a long-running dispute with Seneca County over the collection of property taxes on land owned by the tribe, finding that the tribe’s sovereign immunity protects it from the suit. Read full article »

PRIVATE EQUITY

Greenberg-Led Blank Check Co. Schultze Snags $150M In IPO

Schultze Special Purpose Acquisition Corp. began trading on the Nasdaq Wednesday after taking in $150 million through an initial public offering guided by Greenberg Traurig LLP. Read full article »

IMMIGRATION

NYCLU Wants Feds' Docs On Bonds For Immigrant Detainees

A New York federal court should order the Trump administration to detail how it determines whether to recommend that detained immigrants be released on bonds, according to the New York Civil Liberties Union, which believes an algorithm change has prompted detention lengths to increase. Read full article »

PERSONAL INJURY & MEDICAL MALPRACTICE

Bad Jury Instructions Nix Defense Verdict In Patient Death Suit

A New York appellate panel on Wednesday vacated a jury’s decision to clear an anesthesiologist of causing a patient’s death by failing to clear a blocked breathing tube in a timely manner, saying the jury was given improper instructions regarding the “emergency doctrine.” Read full article »

TELECOMMUNICATIONS

Public Access TV Not A State Actor, Cato Tells High Court

The Cato Institute is urging the U.S. Supreme Court to overturn a Second Circuit ruling that it says wrongly classifies public access television networks as state actors that are capable of stifling individual First Amendment rights. Read full article »

EXPERT ANALYSIS

TC Heartland's Impact In 2018

The U.S. Supreme Court decided TC Heartland v. Kraft Foods in May 2017, revitalizing the patent venue statute. Alex Chachkes and Josh Montgomery of Orrick Herrington & Sutcliffe LLP review its impact over the past year and a half. Read full article »

Inside Key ABA Guidance On Attorneys' Cybersecurity Duties

A recent opinion from the American Bar Association provides useful guidance on attorneys’ obligations to guard against cyberattacks, protect electronic client information and respond if an attack occurs, says Joshua Bevitz of Newmeyer & Dillion LLP. Read full article »

10 Tips For Law Firms To Drive Revenue Via Sports Tickets

Many law firms have tickets or luxury suites at sporting events to host clients and prospects. Matthew Prinn of RFP Advisory Group and Matt Ansis of TicketManager discuss some of the ways that firms can use those tickets effectively. Read full article »

LEGAL INDUSTRY

The 6 Law Firms Clients Say Provide The Most Value

Six law firms have been recognized by in-house counsel as the best of the best at providing value for their dollar in a new report released Wednesday. Read full article »

In-House Attys Name Best Firms For Client Service

Corporate clients have named the 30 law firms they think provide the best client service in the industry, and three law firms are on that list for the 18th year in a row, according to a report released Wednesday. Read full article »

Ex-Judges Urge ICE Not To Detain Immigrants In Courthouses

U.S. Immigration and Customs Enforcement should refrain from making arrests or conducting other enforcement activities at the nation’s courthouses, 68 former state and federal judges argued Wednesday in a letter to the federal agency. Read full article »

NY Judge Resigns After Allegations Of Homophobic Remarks

An upstate New York judge has resigned following an ethics complaint that claimed he made homophobic remarks to a local attorney, allegedly using "gay" as a derogatory term when referring to a film festival and suggesting that the attorney and film star Viggo Mortensen should "get a hotel room." Read full article »

Texas Law School Walks Back Student's Exam Ban

The University of North Texas at Dallas College of Law on Wednesday agreed to let a first-year student back on campus to take his final exams despite a suspension over alleged threats he made, after the student filed suit in Texas state court. Read full article »

Law Firm Leaders: Frankfurt Kurnit's Jeffrey Greenbaum

Frankfurt Kurnit Klein & Selz PC managing partner Jeffrey Greenbaum spoke to Law360 about the challenges and advantages of operating as a midsize firm, why firm culture is paramount to success and why the firm takes a contrarian view when it comes to law firm growth. Read full article »

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