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November 25, 2025
StubHub Hit With Investor Suit Over Pre-IPO Disclosures
Online ticket reseller Stubhub was hit with a proposed shareholder class action in New York federal court accusing it and several of its executives and underwriters of concealing changes to the company's operations that would impact its free cash flow ahead of its initial public offering earlier this year.
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November 25, 2025
Winston & Strawn Promotes 18 To Partner
Winston & Strawn LLP has elevated 18 attorneys to partner, two shy of last year's class.
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November 25, 2025
Mamdani Transition Team Includes Dozens Of Attorneys
New York City Mayor-elect Zohran Mamdani appointed dozens of nonprofit leaders, BigLaw attorneys, law professors and other lawyers to transition committees that will help advise the incoming administration.
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November 25, 2025
Feds Run Table In Housing Bribery Case With 70th Conviction
A former public housing superintendent from Brooklyn admitted accepting bribes in exchange for handing out no-bid work contracts Tuesday, as federal prosecutors secured the convictions of all 70 New York City Housing Authority workers arrested last year in an anticorruption sweep.
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November 24, 2025
Nvidia Stole AI Co.'s IP And Trashed $1.5B In Value, Suit Says
Nvidia Corp. obtained a tech startup's proprietary artificial intelligence software under the guise of a potential acquisition, used the software to develop its own product, then rendered $1.5 billion in IP worthless by publishing the software for anyone to download free, according to a lawsuit filed Monday in New York state court.
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November 24, 2025
OpenAI Attys Must Share Internal Comms In Copyright MDL
A New York federal magistrate judge on Monday ordered OpenAI's in-house attorneys to share their internal communications regarding deleted training datasets with authors suing over the alleged use of copyrighted works to train ChatGPT, rejecting OpenAI's argument that the communications are privileged.
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November 24, 2025
21 States Get Judge To Halt Trump Cuts Of 4 Fed. Agencies
A Rhode Island federal judge has blocked the Trump administration from eliminating four federal agencies that support museums and libraries, minority businesses, organized labor, and homeless services, handing a win to a coalition of 21 states that challenged the legality of the cuts.
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November 24, 2025
Justices Asked To Curtail Qualified Immunity's Application
A legal group dedicated to rolling back administrative power is urging the U.S. Supreme Court to take up the National Rifle Association's suit against a New York official for investigating insurance companies that worked with the gun-rights organization, arguing the Second Circuit was wrong when it ruled that the official was entitled to qualified immunity.
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November 24, 2025
Tennis Australia Gets Stay As Antitrust Deal Looms
A New York federal judge has granted Tennis Australia Ltd. a stay in a lawsuit filed by professional tennis players that accused it and other tournament organizers of manipulating pay and rankings through an illegal cartel.
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November 24, 2025
NBA Coach Chauncey Billups Denies Mob-Linked Poker Con
Portland Trail Blazers head coach Chauncey Billups on Monday pled not guilty in New York federal court to charges tied to a purported scheme to use Mafia-backed, rigged poker games to cheat unsuspecting players out of millions of dollars.
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November 24, 2025
Mass. Judge Says States Can Fight Planned Parenthood Cuts
A Massachusetts federal judge on Monday chided a Trump administration lawyer for continuing to argue that a coalition of states lacks standing to seek to block what it says is the effective defunding of Planned Parenthood, even as it only just received a lengthy list of new requirements for Medicaid reimbursement.
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November 24, 2025
Crypto Cos. Seek OK Of $2.5M Iceland Mining Facility Award
Two cryptocurrency companies have asked a New York federal court to enforce an approximately $2.5 million arbitral award against a project finance advisory firm in their contract dispute over investments in an Icelandic crypto mining facility.
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November 24, 2025
NY High Court Says Gun Permit Scheme Is Bruen-Compliant
New York's highest court on Monday ruled that concealed weapons laws in the state are constitutional and can be enforced despite a 2022 U.S. Supreme Court decision striking down portions of a law that required gun owners to provide a reason why they should be allowed to own a firearm.
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November 24, 2025
Credit Suisse Denies Role In Tech Exec's Alleged Stock Theft
Credit Suisse has urged a New York federal judge to let it out of a lawsuit by an Aeva Technologies co-founder who claims the banking giant provided "institutional cover" to conspirators who allegedly stole tens of millions of dollars, arguing that it also fell victim to the scam.
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November 24, 2025
Fried Frank Atty To Lead Fund Finance At Gibson Dunn
Gibson Dunn & Crutcher LLP announced Monday that it has tapped a former Fried Frank Harris Shriver & Jacobson LLP attorney to serve as head of fund finance, calling him "a market leader in structuring and executing complex rated note feeder and collateralized fund obligation transactions."
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November 24, 2025
Ill. Judge Blocks Trump's DEI Conditions For Disaster Grants
An Illinois federal judge has temporarily enjoined the Trump administration from imposing certain conditions on the city of Chicago and other local governments seeking federal emergency funds, including that they halt diversity, equity and inclusion programs, finding that the challengers had demonstrated these conditions are "likely unlawful."
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November 24, 2025
Fintech CEO Sues To Block SEC Case Filed Amid Shutdown
The founder of Triterras Fintech has hit back against the U.S. Securities and Exchange Commission in D.C. federal court, alleging the agency violated the Anti-Deficiency Act by continuing its investigation of him and filing a fraud lawsuit during the government shutdown.
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November 24, 2025
Comey, James Defeat Charges Over Halligan's Appointment
A federal judge on Monday dismissed the headline-grabbing indictments of former FBI Director James Comey and New York Attorney General Letitia James, finding the controversial prosecutor handling both cases was not properly appointed.
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November 24, 2025
Pot Club's Owners Wrong Parties To Block NYC Enforcement
A New York federal judge has shot down a bid to block enforcement of state and local New York cannabis laws, saying a couple who own a group of cannabis clubs are the wrong plaintiffs to seek such an order.
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November 24, 2025
Auto Paint Co. Denied Techs Overtime, Suit Says
Auto paint and equipment distributor Albert Kemperle LLC has misclassified its technicians as exempt from overtime, according to a proposed class action filed in Massachusetts state court.
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November 24, 2025
High Court Won't Revive UBS Retaliation Case Again
The U.S. Supreme Court on Monday said it would not again take up a fired UBS worker's whistleblower retaliation lawsuit concerning whether the Sarbanes-Oxley Act requires whistleblowers to show proof of discrimination or proof of retaliation.
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November 21, 2025
'Housewives' Star Says Revenge Porn Talks Were Coerced
Former "Real Housewives of Atlanta" star Brit Eady accused Bravo and the show's production company of blackmailing her into discussing a "disgusting" revenge porn incident where in front of a live event audience, a cast member showed a graphic image falsely attributed to Eady.
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November 21, 2025
FINRA Fines Nomura $625K Over Short Selling Rule Breaches
A broker-dealer unit of Japanese financial services company Nomura Group has agreed to pay $625,000 to end Financial Industry Regulatory Authority claims tied to its compliance with short-selling regulations.
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November 21, 2025
CFPB Inks $1.75M MoneyLion Deal Over Military Lending
The Consumer Financial Protection Bureau reached a $1.75 million settlement with MoneyLion Technologies Inc. to end a Biden-era enforcement action in New York federal court that accused the fintech lender of overcharging military service members.
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November 21, 2025
Real Estate Recap: REIT Reporting, Defining Water
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including reactions from real estate attorneys in two areas primed for deregulation.
Expert Analysis
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What 2 Profs Noticed As Transactional Law Students Used AI
After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.
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Despite SEC Reset, Private Crypto Securities Cases Continue
While the U.S. Securities and Exchange Commission under the Trump administration has charted a new approach to crypto regulation, the industry still lacks comprehensive rules of the road, meaning private plaintiffs continue to pursue litigation, and application of securities laws to crypto-assets will be determined by the courts, say attorneys at Skadden.
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It Ends With Us Having No Coverage?
A recent suit filed by Harco National Insurance disclaiming coverage for Wayfarer and Justin Baldoni's defense against Blake Lively's claims in the "It Ends With Us" legal saga demonstrates that policyholders should be particularly cautious when negotiating prior knowledge exclusions in their claims-made policies, says Meagan Cyrus at Shumaker.
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Rebuttal
BigLaw Settlements Should Not Spur Ethics Deregulation
A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.
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Environmental Justice Is Alive And Well At The State Level
Even as the Trump administration has rolled back federal environmental justice policies, many states continue to prioritize it, with new regulations, strengthened enforcement of existing rules and ongoing private litigation — so companies must stay alert to how state-level EJ enforcement may affect their operations, say attorneys at Crowell & Moring.
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Liquidity Rule Compliance Still Vital Even After SEC Dismissal
Despite its recent dismissal of a novel case against Pinnacle Advisors over liquidity rule violations, the U.S. Securities and Exchange Commission has continued to bring enforcement actions involving investment advisers, making compliance with the rule important for registrants, say attorneys at Simpson Thacher.
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5 Ways Lawyers Can Earn Back The Public's Trust
Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.
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Notable Q2 Updates In Insurance Class Actions
Vehicle valuation challenges regarding the use of projected sale adjustments continued apace in insurance class actions this quarter, where insurers have been scoring victories on class certification decisions in federal circuit courts, says Mathew Drocton at BakerHostetler.
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Series
Hiking Makes Me A Better Lawyer
On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.
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Series
Law School's Missed Lessons: Negotiation Skills
I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.
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Taxpayers Face Tough Choices Under NJ's New Nexus Rules
Though New Jersey’s new rules expanding the commercial nexus that triggers state taxation are likely to be challenged, businesses still need to carefully consider whether it’s best to minimize potential tax by reducing online customer support services or maintain their current instate services and begin paying tax, say attorneys at Husch Blackwell.
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Opinion
Bar Exam Reform Must Expand Beyond A Single Updated Test
Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.
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How States Are Regulating Health Insurers' AI Usage
The absence of a federal artificial intelligence framework positions states as key regulators of health insurers’ AI use, making it important for payors and service providers to understand the range of state AI legislation being passed in California and elsewhere, and consider implementing an AI-focused compliance infrastructure, say attorneys at Ropes & Gray.
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How To Navigate NYC's Stricter New Prenatal Leave Rules
On top of the state's prenatal leave law, New York City employers now face additional rules, including notice and recordkeeping requirements, and necessary separation from sick leave, so employers should review their policies and train staff to ensure compliance with both laws, say attorneys at BakerHostetler.
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Justices Could Clarify Post-Badgerow Arbitration Jurisdiction
If the U.S. Supreme Court grants a certiorari petition in Jules v. Andre Balazs Properties, it could provide some welcome clarity on post-arbitration award jurisdiction, an issue lingering since the court's 2022 decision in Badgerow v. Walters, says David Pegno at Dewey Pegno.