New York

  • July 30, 2026

    Polymarket Says Hidden Sports Bets Suit Must Be Arbitrated

    Polymarket is urging a New York federal court to send to arbitration users' claims that the prediction market company disguises its sports gambling offers as sports event contracts to get around regulations, arguing that its terms of use include an arbitration provision.

  • July 30, 2026

    Cloud Tech Co. Hid AI Shift's Toll On Revenue, Investor Says

    Rackspace Technology, a cloud computing and artificial intelligence solutions company, has been accused of misleading investors about the value of its strategic partnership with Advanced Micro Devices Inc. and its decision to shift capital away from its private cloud business, resulting in a recent financial guidance cut.

  • July 30, 2026

    Mets Become 1st MLB Team To Partner With Prediction Market

    Sports trading app Novig announced Thursday that it has become the exclusive, official prediction market partner of the New York Mets, marking the first time a Major League Baseball team has collaborated with such a company.

  • July 30, 2026

    2nd Circ. Revives Decongestant 'Maximum Strength' Claims

    The Second Circuit on Thursday revived claims in multidistrict litigation alleging makers of oral decongestants misled consumers by labeling their products as "maximum strength," while finding the bulk of the remaining claims were preempted by federal regulation.

  • July 30, 2026

    Exec Who Tried To Buy English Soccer Club Denies Fraud Rap

    A Florida executive who once tried to buy England's Everton soccer club on Thursday denied new charges accusing him of engaging in a $500 million fraud on lenders, before the judge hearing his case declined to adjourn his October trial. 

  • July 30, 2026

    Spirit Lands $88M Stalking Horse For Corporate HQ

    Bankrupt budget air carrier Spirit Airlines has announced it has secured an $88 million baseline bid for its corporate campus in Florida.

  • July 30, 2026

    2nd Circ. Revives Migrant's Classwide Declaratory Relief Bid

    A New York federal court erred in decertifying a class seeking declaratory relief regarding government procedures on bond hearings for immigration detainees, the Second Circuit ruled Wednesday, finding the court improperly considered factors outside the federal procedural rule governing class actions.

  • July 30, 2026

    Linklaters' Legal AI Leader Coming To NY For US M&A Work

    Linklaters LLP is moving the firm's first dedicated AI lawyer from London to its New York office to work with the U.S. mergers and acquisitions team on an AI-native capability, according to an announcement on social media Thursday.

  • July 30, 2026

    Judge Keeps New Medicaid 'Frailty' Proof Rule In Place

    A Massachusetts federal judge late Wednesday declined to block the government from requiring medically frail Medicaid recipients to prove they are significantly impaired to avoid a new requirement that they engage in 80 hours of work or volunteering per month or attend school part-time.

  • July 30, 2026

    Bronx Legal Aid Organization's Union Rejects New Pay Offer

    The Bronx Defenders' executive director said on Thursday that the union representing the organization's over 300 attorneys and staff has rejected an updated offer on wages, with both sides still at odds over the prospect of separate salary scales for lawyers and social workers.

  • July 30, 2026

    DA Says Trump's NY Hush Money Conviction Must Stand

    New York prosecutors told a state appellate court that President Donald Trump's 34-count felony conviction for falsifying business records is "unaffected" by the U.S. Supreme Court's watershed presidential immunity decision and should be upheld.

  • July 30, 2026

    Coinbase Beats Bulk Of Users' Unregistered Securities Suit

    A Manhattan federal judge delivered a significant victory to Coinbase on Thursday with a split ruling that found the crypto exchange can't be held responsible as a "statutory seller" for the vast majority of transactions on its platform, though the proposed securities class action will continue over a smaller number of orders Coinbase fulfilled from its own inventory of tokens.

  • July 30, 2026

    3 Firms Steer NYSE Owner ICE's $6B MarketAxess Deal

    The parent company of the New York Stock Exchange announced Thursday it has agreed to acquire MarketAxess Holdings Inc., a trading platform for fixed-income markets, for $6 billion, in a deal steered by three law firms.

  • July 29, 2026

    Shady Power Deal Used In Goldman Compliance Prep, Jury Told

    A Goldman Sachs banker told a New York federal jury how Goldman bailed on backing what prosecutors say was a corrupt deal for a Turkish energy company to bribe Ghanaian officials for a power plant contract, a scenario Goldman uses in compliance training as an example of what to avoid.

  • July 29, 2026

    2nd Circ. Backs Ex-Shkreli Atty's 401(k) Restitution Deal

    A New York trial judge erred in rejecting a retirement-fund garnishment deal that would have protected Martin Shkreli's convicted former lawyer from tax penalties, the Second Circuit ruled Wednesday.

  • July 29, 2026

    Former Trump Lawyer Officially Takes The Helm At SDNY

    James McDonald, a former Sullivan & Cromwell LLP partner who represented President Donald Trump in his appeal of his criminal conviction, was sworn in as U.S. attorney for the Southern District of New York on Wednesday after McDonald's predecessor Jay Clayton departed to serve as director of national intelligence.

  • July 29, 2026

    Securities Class Actions To Watch: Mid-Year Report

    A trio of circuit court appeals tied to the class certification process in shareholder suits and a U.S. Supreme Court appeal that also touches on certification are among the cases that securities litigators are keeping an eye on in the second half of 2026.

  • July 29, 2026

    TaskUs Trims Claims From Coinbase Breach Suit

    A New York federal judge has trimmed claims from a suit alleging a Texas-based Coinbase vendor called TaskUs failed to protect the personal information of Coinbase customers from a bribery-fueled data compromise scheme involving TaskUs employees.

  • July 29, 2026

    Nexstar Says Tegna Board Members Don't Violate Injunction

    Nexstar Media Group told a California federal court that Tegna remains independent, despite concerns from DirecTV and a coalition of states that the companies violated an injunction preventing them from merging fully when Nexstar took over Tegna's board.

  • July 29, 2026

    DOJ Probing Brothers Who Ran Summer Camp Empire

    A federal grand jury is investigating the bankrupt summer camp operator SIMAD Holdings, its controlling shareholders and related entities, and the company has received a demand to produce documents as part of the probe, according to a notice filed with the Tel Aviv Stock Exchange.

  • July 29, 2026

    J&J Says Cancer Drug Study Sinks Bayer's False Ad Claims

    Johnson & Johnson told a New York federal court that a peer-reviewed scientific journal's publication of a study on the active ingredient in its prostate cancer drug must end Bayer's claims the pharmaceutical giant made false and misleading claims about the drug's efficacy.

  • July 29, 2026

    Fake High-Tech Trader Who Raised $3.7M, Fled, Gets 51 Mos.

    A Manhattan federal judge sentenced an electrical engineer-turned-trader to 51 months in prison Wednesday for stealing from investors who backed a bogus, high-tech profit model he pitched before fleeing to Europe.

  • July 29, 2026

    Segal McCambridge Settles Fired Secretary's Age Bias Suit

    Law firm Segal McCambridge Singer & Mahoney Ltd. has struck a deal to end a New York federal court suit from a former secretary who said her colleagues mistreated her because of her age, according to a Wednesday court filing.

  • July 29, 2026

    Sleep Number Can Keep $1.8M Employee Retention Promise

    A New York bankruptcy judge has overruled the objection from the U.S. Trustee to the employee retention plan from Sleep Number, finding that the employees aren't insiders, that the risk of them leaving was real and that it would be unfair to renege on promises to the workers.

  • July 29, 2026

    DLA Piper Welcomes 4 Finance Attys

    DLA Piper announced Tuesday that it has brought four attorneys onto its finance team, touting their history advising investors, lenders, sponsors and companies.

Expert Analysis

  • 1st Surveillance Pricing Law In Md. Reflects Broader Scrutiny

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    A new law will make Maryland the first state to target data-driven or surveillance-based price manipulation, highlighting increased scrutiny from federal and state enforcement agencies and policymakers as they consider whether new laws are required to regulate dynamic pricing, say attorneys at Pillsbury.

  • Binance Win Shows Constraints On Anti-Terrorism Act Claims

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    The Southern District of New York's recent ruling in Troell v. Binance illustrates that the Second Circuit's earlier decision in Ashley v. Deutsche Bank is holding weight with courts, and companies facing aiding and abetting risk should thus monitor evolving case law and assess exposure based on nexus allegations, say attorneys at Freshfields.

  • Understanding The Insider Trading Gap In Prediction Markets

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    While the first-ever insider trading indictment involving a prediction market — the recent prosecution of a service member involved in the capture of Nicolás Maduro — comprised extreme facts and straightforward legal theories, future cases will test the bounds of insider trading law, say attorneys at Baker McKenzie.

  • Heppner Ruling Left AI Privilege Risk For Lawyers Unresolved

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    While a New York federal judge’s recent ruling in U.S. v. Heppner resolved a privilege question surrounding client-side artificial intelligence use, it did not address how to mitigate the risks that can arise when confidential information enters the operative context of an AI system used by an attorney, says Jianfei Chen at Quarles & Brady​​​​​​​.

  • The Ethics And Practicalities Of Representing AI Agents

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    With autonomous artificial intelligence agents now able to take action without explicit instructions from — or the awareness of — their human owners, the bar must confront whether existing frameworks like informed consent and client privilege will be sufficient on the day an AI agent calls seeking counsel, say attorneys at Morrison Cohen.

  • Notable Q1 Updates In Insurance Class Actions

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    Notable insurance class action decisions from the first quarter of the year included reminders about the statute of limitations as a key defense for claims relating to allegedly deficient forms, the importance of focus on the specific contract at issue and further guidance on the contours of Rule 23, says Kevin Zimmerman at BakerHostetler.

  • Surveying The CFTC Campaign To Control Prediction Markets

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    The U.S. Commodity Futures Trading Commission is simultaneously asserting exclusive jurisdiction over prediction markets and signaling aggressive enforcement within them, a combination that will reshape the regulatory landscape for event contract platforms — pending the outcome of several court cases throughout the country and a likely circuit split, say attorneys at Paul Weiss.

  • Series

    Speed Jigsaw Puzzling Makes Me A Better Lawyer

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    My passion for speed puzzling — I can complete a 500-piece jigsaw puzzle in under 50 minutes — has sharpened my legal skills in more ways than one, with both disciplines requiring patience, precision and the ability to keep the bigger picture in mind while working through the details, says Tazia Statucki at Proskauer.

  • Navigating The Annulment Of NY Wetlands Permitting Rules

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    A New York state court's recent unprecedented annulment of the state's wetlands regulations brings uncertainty about the standards for determining and classifying wetlands jurisdiction and assessing compliance with permitting requirements as next steps are determined, say attorneys at Foley Hoag.

  • How Oregon Ruling Affects Federal Gender Care Crackdown

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    In a favorable development for healthcare providers, an Oregon federal court recently vacated certain U.S. Department of Health and Human Services restrictions on gender-affirming care for minors, but the government's broader campaign against this care, including proposed rulemaking and agency investigations, leaves significant uncertainty, say attorneys at Arnold & Porter.

  • AI Data Center Boom May Spur Wave Of Toxic Tort Suits

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    Nascent litigation matters against data center operators, set against limited government regulation and a growing body of public health research, suggests we may be on the cusp of an era of mass toxic tort claims, with a liability framework firmly rooted in precedent from other industries, says Benjamin Heller at RFZ Law.

  • A Core Weakness In The Challenge To Birthright Citizenship

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    The government’s recent oral arguments against birthright citizenship in Trump v. Barbara would have the Supreme Court use modern immigration classifications as markers for a constitutional boundary that is not expressed in the Fourteenth Amendment, making the theory easier to administer but weaker as a matter of text and history, says attorney Tara Kennedy.

  • Bet On Prediction Market Regulation To Accelerate

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    Watershed developments concerning prediction markets — such as the first insider trading charges, major speeches from U.S. Commodity Futures Trading Commission leadership, and the introduction of rulemaking and legislation — dominated the first quarter of 2026, a trend that will likely continue throughout the rest of the year, say attorneys at K&L Gates.

  • 2 AI Snafus Show Why Attys Can't Outsource Judgment

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    The recent incident involving Sullivan & Cromwell where citations in a filed motion were fabricated by artificial intelligence, as well as a punitive ruling from the Sixth Circuit in U.S. v. Farris, demonstrate that the obligation to supervise AI has belonged and always will belong to lawyers, says John Powell at the Kentucky School Boards Association.

  • NY Opioid Antagonist Mandate Leaves Employers Guessing

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    A recently enacted New York law will require employers that are federally mandated to maintain first-aid supplies to now include an opioid antagonist, but being that it is subject to a complicated Occupational Safety and Health Administration analysis, employers face several unanswered compliance questions, say attorneys at Conn Maciel.

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