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New York

  • September 25, 2018

    Adidas Escapes Suit Alleging Defective Running Shoes

    A New York federal judge on Friday dismissed for lack of prosecution a claim that Adidas’ Springblade running shoes are defective, more than two years after he rejected an attempt to certify a class in the case.

  • September 25, 2018

    Robins Kaplan Snags DOJ Antitrust Veteran For NY Office

    Robins Kaplan LLP has hired a former trial attorney with the U.S. Department of Justice with experience in cases ranging from arson and murder to bank fraud and criminal antitrust.

  • September 24, 2018

    Trump Tweet Doesn't Look Defamatory, Judge Tells Porn Star

    A California federal judge on Monday appeared ready to grant President Donald Trump's bid to toss adult film star Stormy Daniels' suit alleging Trump defamed her by tweeting that her claims about their alleged affair included a story about a "nonexistent man," saying Trump's tweet looks like political hyperbole shielded by the First Amendment.

  • September 24, 2018

    Ex-Deutsche Trader Dishes On Bank's Libor Self-Dealing

    A former Deutsche Bank money market trader on Monday told a Manhattan federal jury he would routinely make London Interbank Offered Rate submissions with the goal of aiding the bank’s derivative traders, a practice he now admits was wrong.

  • September 24, 2018

    NY Developer Owes For Condo Project Work, Contractor Says

    A contractor hired to work on a luxury condominium project in New York City launched a state court lawsuit against the project’s developer Friday, alleging the developer and his companies owe more than $730,000 for work performed under a set of construction contracts.

  • September 24, 2018

    Banks' Guilty Pleas Fair Game In Forex Traders' October Trial

    Federal prosecutors set to try three former currency traders for fixing exchange rates received a New York federal judge’s blessing Monday to tell jurors that the men’s former employers — including Barclays, JPMorgan and Citicorp — have themselves pled guilty to such price-fixing.

  • September 24, 2018

    Costco Customers' Tax Overcharge Suit Tossed By NY Court

    A New York federal judge on Monday granted Costco's bid to toss an amended potential consumer class action alleging the big-box retailer overcharged customers on sales taxes under Empire State tax law, saying the suit is better lodged with the New York Tax Commission.

  • September 24, 2018

    Avvo Will Change Ratings System To Settle NY AG Probe

    Avvo, the website directory of lawyer reviews, has agreed to reform its rating system and improve how it discloses information to consumers after an investigation revealed that it boosted attorneys who voluntarily filled out their profiles, New York's attorney general said Monday. 

  • September 24, 2018

    NY Retirees Lose Fight Over Higher Premium Contributions

    The state of New York won’t have to face several lawsuits from public employees and retirees challenging the state’s 2011 hike of their health insurance premium contributions after a New York federal judge ruled Monday that the workers didn’t have a contractual right to a fixed contribution rate for life.

  • September 24, 2018

    Davis Polk Helps Tailwind Capital Clinch $1.8B PE Fund

    New York-based Tailwind Capital Group LLC, a middle-market private equity shop focused on investments in health care, business and communications services, has closed its third fund at $1.8 billion, the firm said on Monday, with help from legal adviser Davis Polk & Wardwell LLP.

  • September 24, 2018

    GM Says Recall Issues Are Too Varied For Class Cert.

    General Motors has asked a New York federal judge not to grant class certification to vehicle owners in bellwether cases in California, Missouri and Texas who claim they lost out on the resale value of their cars due to vehicle recalls, arguing the issues are too varied among the individual cases to qualify for class status.

  • September 24, 2018

    Cryptocurrency Creators Say 'Nano' Coin Is Not A Security

    The company that created the cryptocurrency Nano asked a New York federal judge on Friday to dismiss a proposed class action alleging that it steered coin buyers toward an Italian exchange that lost hundreds of millions of dollars' worth of the digital currency to hackers, saying the tokens are not securities subject to securities law.

  • September 24, 2018

    CEO Eyed In Stock-Pump Scheme Having 'Active' Plea Talks

    The CEO of a Florida internet protocol security company on Monday denied fraud and conspiracy charges in Brooklyn federal court, but a prosecutor said he is in "active" negotiations to enter a guilty plea in what the Brooklyn U.S. attorney calls a $2 million pump-and-dump scam.

  • September 24, 2018

    Ex-Soccer Boss Wants $50M Restitution Request Tossed

    A former soccer official has urged a New York federal judge to deny requests from FIFA and two South American soccer organizations for $50 million in restitution after he was convicted of taking bribes, saying federal law precludes restitution for investigations by private entities.

  • September 24, 2018

    Tops Markets Must Clear Up Ch. 11 Releases, Watchdog Says

    The U.S. government’s bankruptcy case monitor argued in court papers Friday that Tops Markets LLC should not be permitted to solicit creditor votes on its pending restructuring plan, saying the grocery chain is not providing sufficient details regarding proposed litigation releases for third parties.

  • September 24, 2018

    Janssen Gets $1M Risperdal Breast-Growth Verdict Flipped

    A New York federal judge has overturned a $1 million verdict for a man who took Risperdal as a child and developed female breast tissue, agreeing with defendant Janssen that it could not have warned of the condition on the label and that the trial was biased by a lawyer’s mention of his own childhood bullying.

  • September 24, 2018

    NYC Real Estate Week In Review

    More than a half-dozen law firms worked on the largest New York City deals for which deeds were filed last week, a group of transactions that included a pair of large deals near the Lincoln Tunnel in Manhattan.

  • September 24, 2018

    Cornell Seeks To Appeal Order Over Jury Trial In ERISA Row

    Cornell University has asked a New York federal judge for permission to appeal his decision from earlier this month that gave a group of current and former employees the right to a jury trial on part of their retirement plan row.

  • September 24, 2018

    Ex-Barclays CEOs Escape Claims In Dark Pool Case

    A New York federal judge on Friday dismissed the former CEOs of Barclays PLC from a class action alleging shares of the bank were artificially inflated by misrepresentations about the safety and transparency of its dark pool, citing a lack of evidence about the executives’ involvement.

  • September 24, 2018

    Wilson Sonsini Guides Dutch Search Engine's $200M IPO

    Dutch search engine company Elastic launched a New York initial public offering, steered by Wilson Sonsini Goodrich & Rosati PC, that could raise more than $200 million if it prices at the top of a range set on Monday.

Expert Analysis

  • Series

    Judging A Book: Block Reviews 'Tough Cases'

    Judge Frederic Block

    In a new, extraordinary book, "Tough Cases: Judges Tell the Stories of Some of the Hardest Decisions They’ve Ever Made," 13 of my judicial brethren have courageously and dramatically humanized the judicial process, says U.S. District Judge Frederic Block of the Eastern District of New York.

  • 8 Innovative Ways To Empower Jurors

    Christopher Campbell

    Much time and attention have been focused on improving lawyers' abilities to communicate with and persuade juries in complex trials. But it is equally important to equip and prepare jurors to become better students in the courtroom, say attorneys with DLA Piper and Litstrat Inc.

  • Medidata And American Tooling Courts Misunderstood Tech

    Joshua Mooney

    While some believe that two recent circuit court decisions — Medidata Solutions and American Tooling — represent a shift toward broadening insurance coverage for phishing attacks, the courts' imprecise interpretation of "integrity" and "instructions to" a computer system casts doubt on whether the decisions will stand, says Joshua Mooney of White and Williams LLP.

  • Cloud Computing Clearly The Future For Small Firms

    Holly Urban

    While in-house technology investments on the scale and complexity needed to compete with large firms remain cost prohibitive for small and midsize law firms, cloud-based services offer significant cost savings and productivity gains with little to no capital investment, says Holly Urban of Effortless Legal LLC.

  • Leveraging Today's Lateral Associate Market

    Darin Morgan

    With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.

  • Opinion

    What I Learned As Lehman's Bankruptcy Lawyer

    Andrew Rossman

    I have spent nearly 10 years fighting in court for the rights of Lehman Brothers’ creditors. This arduous legal journey has yielded insights into weaknesses in our financial system and bankruptcy laws that could allow catastrophic losses to happen again, says Andrew Rossman of Quinn Emanuel Urquhart & Sullivan LLP.

  • Zaslavskiy Does Little To Encourage Clear Crypto Guidance

    Alexis Collins

    A New York federal judge's decision last week in Zaslavskiy relieves the government of a potentially significant pleading burden when bringing cryptocurrency actions, but does not encourage clarification of clear standards for application of the Howey test, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.

  • Q&A

    Back To School: Stanford's Jeff Fisher Talks Supreme Court

    Jeffrey Fisher

    In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.

  • Calif.'s New Rules For Lawyers Move Closer To ABA Model

    Mark Loeterman

    The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.

  • Know The Limits To Atty Public Statements During A Trial

    Matthew Giardina

    The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.