New York

  • October 16, 2017

    BuzzFeed Sues DOJ For Names In Ex-US Atty's Office Affair

    BuzzFeed hit the U.S. Department of Justice with a Freedom of Information Act complaint in New York federal court Monday, urging the government agency to reveal the names of the former U.S. attorney and a subordinate who were involved in an affair.

  • October 16, 2017

    Union Lobs Counterclaims In Ezekiel Elliott Suspension Row

    The NFL players union won’t wait for the Fifth Circuit to rectify the “procedural limbo” it said the appeals court left it in to try to free Dallas Cowboys running back Ezekiel Elliott from a six-game suspension, urging the New York federal judge overseeing the NFL’s adjoining suit to grant it an emergency order blocking his suspension Monday.

  • October 16, 2017

    Ex-Katten Atty Loses Bid To Nix Shkreli Conspiracy Charge

    Jury selection began Monday in the Brooklyn federal trial of former Katten Muchin Rosenman LLP attorney Ewan Greebel, accused of conspiring with "pharma-bro" Martin Shkreli to defraud the pharmaceutical company Retrophin Inc., three days after the judge shot down a defense motion to dismiss one of the conspiracy counts.

  • October 16, 2017

    Blue Apron Investor Wants Stock-Drop Suits Consolidated

    A shareholder leading a suit against Blue Apron told a New York federal court Monday that consolidating proposed class actions alleging the meal-kit delivery company and its directors and underwriters misled investors ahead of its initial public offering would be most efficient.

  • October 16, 2017

    Ex-HSBC Exec Denies Involvement In Forex Fraud Conspiracy

    Former HSBC foreign currency exchange executive Mark Johnson on Monday denied being part of a conspiracy to defraud HSBC client Cairn Energy PLC by ramping up the price for British pounds sterling ahead of a $3.5 billion forex deal.

  • October 16, 2017

    Former US Army Sergeant Charged With Murder For Hire

    A former member of the U.S. Army and two accomplices have been charged with committing murder for hire related to the killing of a woman in the Philippines in 2012, according to an announcement of a grand jury indictment by the Manhattan U.S. Attorney’s Office on Monday.

  • October 16, 2017

    21st Century Oncology Cleared To Solicit Ch. 11 Plan Votes

    Cancer treatment center operator 21st Century Oncology got the go-ahead Monday to send its Chapter 11 restructuring proposals to creditors and begin tallying votes on its plan to cut its $1.1 billion debt load in half after making final modifications like estimating recoveries and addressing pending litigation.

  • October 16, 2017

    Performance Sports, Pension Fund Spar Over Class Claim

    Bankrupt athletic equipment maker Performance Sports Group argued Monday in Delaware to disallow a potential class claim from a pension fund that alleges company brass misled investors about the company’s financial performance and business plans before a restatement of its finances in 2016.

  • October 16, 2017

    Leidos Settles Fraud Suit Ahead Of High Court Arguments

    Government contractor Leidos Inc. and a proposed class of investors who accused it of fraud have settled their proposed class action just a month before they were set to argue before the U.S. Supreme Court about a Second Circuit decision that brought the plaintiffs' case back to life.

  • October 16, 2017

    Linklaters Nabs Mayer Brown Derivatives Pro For NY Office

    Linklaters LLP has recruited for its global capital markets practice a former Mayer Brown LLP structured finance and derivatives partner deeply versed in Dodd-Frank compliance, saying he began work in New York on Friday.

  • October 16, 2017

    Real Estate Rumors: Bronstein, JDS, Former Picasso Home

    Bronstein Properties is reportedly buying a Brooklyn residential and retail building for $43.3 million, JDS Development is said to have scored $62.5 million in financing for a Florida condo project, and a New Zealand investor has picked up a French mansion once home to Pablo Picasso for roughly $23.7 million.

  • October 16, 2017

    Simon & Schuster Sinks 'Light Between Oceans' IP Suit

    A New York federal judge on Monday tossed a copyright lawsuit accusing Simon & Schuster Inc., DreamWorks Animation SKG Inc. and ABC Inc. of ripping off an unpublished screenplay to produce the best-selling novel “The Light Between Oceans” and its film adaptation, finding Monday that the works were not substantially similar.

  • October 16, 2017

    MoFo, Seyfarth Shaw Steer $468M Unizo-TH Real Estate Deal

    Morrison & Foerster LLP represented Japanese investment firm Unizo Real Estate in connection with its $467.5 million purchase of an office and retail building on Third Avenue in Manhattan from Seyfarth Shaw LLP-counseled TH Real Estate, according to a deed filed in New York on Monday.

  • October 16, 2017

    Sotomayor Promotes Civic Engagement In College Q&A

    U.S. Supreme Court Justice Sonia Sotomayor stressed the importance of civic engagement and a diverse education at a freewheeling question-and-answer session Monday morning with students at Queens College’s LeFrak Concert Hall.

  • October 16, 2017

    15 AGs Say Transgender Military Ban Is 'Unconstitutional'

    A D.C. federal court should halt the Trump administration’s plan to reinstate an unconstitutional ban against transgender members of the military, as it would discriminate against capable recruits without providing any proven benefits to the armed forces, 15 state attorneys general argued Monday.

  • October 16, 2017

    Insurers Sue Saudi Arabia For $1.5B In Losses After 9/11

    A group of 17 insurance companies from the U.S., Europe and Canada sued Saudi Arabia, two Saudi financial institutions and the construction company founded by Osama bin Laden’s father on Friday in New York federal court over their alleged roles in the 9/11 terrorist attacks, seeking compensation exceeding $1.5 billion.

  • October 16, 2017

    Convicted Mogul Wants Private Huddle With China Diplomats

    The Chinese real estate boss convicted by a jury of bribing two ex-U.N. diplomats asked a Manhattan federal court Monday for a private meeting with Chinese officials to discuss his “conditions and treatment” in the U.S., where he is on house arrest while awaiting sentencing.

  • October 16, 2017

    NY’s Silver Asks Justices To Decide Money Laundering Split

    Former New York Assembly Speaker Sheldon Silver has asked the U.S. Supreme Court to resolve a circuit split on the legal standard to prove money laundering charges as he faces a potential retrial in his corruption case.

  • October 16, 2017

    NY Bill Would Deny Tax Credits Over Sexual Harassment

    A New York lawmaker on Monday announced her plan to introduce legislation that would deny tax credits to businesses that ignore sexual harassment, noting that producer Harvey Weinstein’s company received film production benefits in the state before it fired him amid a series of sexual assault and harassment accusations.

  • October 16, 2017

    JPMorgan Hackers Should Face Prosecution First, Feds Say

    The U.S. Department of Justice has asked a New York federal judge to delay the U.S. Securities and Exchange Commission’s civil suit against three men accused of using hacked financial data from JPMorgan Chase & Co. and others in a securities fraud scheme, saying the criminal case against the men should take priority.

Expert Analysis

  • Financial Crisis Anniversary

    New Post-Recession Metrics For BigLaw Partner Success

    Peter Zeughauser

    After nearly a decade of recession-accelerated change in the legal industry, “merit-based” compensation has largely come to mean measuring attorney success using some combination of origination and working attorney hours metrics. However, there are signs that the real impact of the recession is still around the corner, and that building a book isn’t enough, says Peter Zeughauser of Zeughauser Group.

  • Opinion

    Time To Lift Student Loan Counseling Restrictions

    Christopher Chapman

    While it lends more than $100 million each year to our nation’s college students — including law students — the U.S. Department of Education surprisingly limits loan counseling to one-time entrance counseling for first-time student borrowers. Is this rational? asks Christopher Chapman, president of AccessLex Institute, a nonprofit focused on access to legal education.

  • NY Insurance Case Highlights Importance Of Specific Wording

    Alexander Bandza

    The New York Supreme Court's decision in National v. TransCanada last month held that coverage under an "all-risks" policy extended to losses resulting from a precipitating cause that occurred prior to the policy period. This case underscores that the specific wording of an insurance policy can be outcome-determinative, say Jan Larson and Alexander Bandza of Jenner & Block LLP.

  • Adapting To Equal Pay Laws In Flux

    Charles Thompson

    New legislation aimed at closing the pay gap between men and women may undo business practices that, even if benevolently motivated, result in disparate pay. Despite this laudable objective, these laws create a litany of challenges for employers and may necessitate a wholesale revision of policies and practices related to employee compensation, says Charles Thompson of Polsinelli.

  • 3 Strategies I Learned From LegalZoom

    Jeff Unger

    Critics of legal tech companies will often say, “Trust a reputable attorney that understands you, your situation and the law.” As an attorney, I wholeheartedly agree. But from the consumer’s perspective, the message seems out of touch with the digital age, says Jeff Unger, founder of the law firm eMinutes.

  • Why You Should Consider Hyperlinking Your Next Brief

    Christine Falcicchio

    The shift to electronic filing has somewhat eased the task of reviewing briefs and their supporting files. An e-brief takes e-filing to the next level, says Christine Falcicchio, a principal at Strut Legal Inc.

  • Preparing For NYC's New Salary History Law

    Michael Albano

    Recent guidance from the New York City Commission on Human Rights clarifies several aspects of the city's new salary history law that takes effect this month, including its application in the context of corporate acquisitions, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • Asian-Americans Facing Challenges In The Legal Industry

    Goodwin Liu

    Asian-Americans are the fastest-growing minority in the legal profession, but recent studies confirm their underrepresentation among partners, prosecutors, judges and law school administrators. We must take action, say Goodwin Liu, associate justice of the California Supreme Court, and Ajay Mehrotra of the American Bar Foundation.

  • NY's New Stance On Sealing Old Felony Convictions

    David Gourevitch

    In a largely unheralded development, New York state recently authorized state courts to seal nonviolent criminal convictions that are more than 10 years old. The statute, one of the most expansive record-sealing provisions in the nation, represents an abrupt and dramatic about-face for New York, says attorney David Gourevitch.

  • Wage And Hour Takeaways From Proposed TGI Friday's Deal

    David Miller

    A proposed $19.1 million deal to settle wage-related class claims affecting up to 28,800 employees of TGI Friday's was big news. Big news, that is, until a New York federal court quickly sent the parties back to the drawing board. The proposed settlement and the court’s reaction to it point up a number of hot spots in wage and hour suits, says David Miller of Bryant Miller Olive.