New York

  • November 20, 2025

    Libra Buyers Push For Asset Freeze Over Alleged Fund Moves

    Buyers of the collapsed crypto project Libra who allege operators misled them into buying the token with the help of an endorsement from Argentine President Javier Milei are again asking a Manhattan federal judge to freeze proceeds from the asset sale to purportedly stop evidence destruction.

  • November 20, 2025

    Hedge Fund Can Register $1.4B PDVSA Judgment In Delaware

    Affiliates of hedge fund Gramercy won permission Thursday to register New York judgments totaling more than $1.4 billion against Venezuela's state-owned oil company in Delaware, where a long-awaited auction of Venezuela's most significant seizable asset to satisfy creditors owed some $20 billion is drawing to a close.

  • November 20, 2025

    NY Medical Cannabis Cos. Say State Flubbed Enforcement

    The large, vertically integrated companies that make up New York's medical cannabis trade have accused New York's marijuana regulators in state court of failing to halt the flow of illicit pot products into the state's regulated marketplace.

  • November 20, 2025

    Chinese Logistics Co. Investors Sue Over 95% Stock Crash

    Investors of China-based Jayud Global Logistics have filed suit in New York federal court, alleging the company's stock price was artificially inflated through fake social media posts before it suddenly collapsed by 95% in one day, leaving everyday shareholders holding the bag.

  • November 20, 2025

    NoMo SoHo Hotel Owner Seeks $125M Sale In Ch. 11

    A New York bankruptcy judge agreed Thursday to approve sale procedures for the insolvent owner of the NoMo SoHo Hotel in Manhattan, setting it on a path to wrap up the process in just 20 days.

  • November 20, 2025

    Family Of Wrongfully Convicted Man Awarded $80 Million

    A federal jury on Wednesday awarded $80 million to the family of a Buffalo, New York, man who spent 27 years in prison after being wrongfully convicted of a 1976 murder — the largest wrongful conviction jury verdict awarded to a single person in U.S. history, attorneys said.

  • November 20, 2025

    State AGs Want Further HPE-Juniper Integration Barred

    The Democratic state attorneys general challenging the controversial U.S. Department of Justice settlement clearing Hewlett Packard Enterprise's $14 billion purchase of Juniper Networks want a California federal judge to bar the companies from "further integration" while they push the court to reject the deal outright.

  • November 20, 2025

    Priest Privilege Can't Cloak Info In NY Child Sex Abuse Case

    A man who alleged he was sexually abused as a child by a Catholic priest in Brooklyn should have full access to the cleric's psychological treatment reports that were forwarded from a facility to his supervising bishop, a New York state appeals court has affirmed, denying clergy-penitent or doctor-patient privilege.

  • November 20, 2025

    Conn. Faces Tough 2nd Circ. In 3M PFAS Enforcement Dispute

    A Second Circuit panel on Thursday appeared receptive to 3M's argument that Connecticut's state lawsuit accusing it of polluting the environment with forever chemicals contained in consumer products actually belongs in federal court, where a similar lawsuit against the company is playing out.

  • November 20, 2025

    2nd Circ. Nixes REIT's CLO Fund Mismanagement Claims

    The Second Circuit has backed the dismissal of mismanagement and fraud counterclaims lodged by a real estate investment trust and its subsidiary in a dispute involving a collateralized loan-obligation investment fund, ruling that related agreements for the fund don't support their counterclaims.

  • November 20, 2025

    SEC Walks Away From SolarWinds Data Breach Case

    The U.S. Securities and Exchange Commission announced Thursday that it was voluntarily dismissing a lawsuit accusing software developer SolarWinds Corp. and its chief information security officer of failing to warn investors about lax cybersecurity standards prior to suffering a massive data breach.

  • November 20, 2025

    Cybersecurity Co. Axonius Names 1st GC From Azra Games

    Cybersecurity company Axonius Inc. has found its first general counsel in a veteran legal leader who has worked at software and technology companies including Azra Games and Iterable as it prepares for an initial public offering.

  • November 20, 2025

    Judge Raises Sanctions In Eletson Affiliate Ownership Row

    The New York bankruptcy judge overseeing Eletson Holdings' Chapter 11 case has raised sanctions against three Cypriot corporations connected to the shipping company's former owners to $5,000 a day for failing to reverse changes to the board of an Eletson affiliate.

  • November 20, 2025

    Trump Pardons Nursing Home Owner In $39M Tax Fraud

    President Donald Trump granted clemency to a nursing home operator who had been sentenced to three years in prison for a $39 million employment tax fraud scheme involving care centers he owned across the country.

  • November 20, 2025

    Trump's Epstein Directive Puts SDNY Prosecutor In A 'Pickle'

    Manhattan chief federal prosecutor Jay Clayton appears to have been backed into a "horrible" corner with a "no-win" outcome as a result of a directive from President Donald Trump and U.S. Attorney General Pam Bondi to investigate Jeffrey Epstein's ties to prominent Democrats, experts say.

  • November 20, 2025

    Ex-SDNY Chief Rejects Claim Of Broken FTX Plea Promise

    Former interim Manhattan U.S. Attorney Danielle Sassoon told a federal judge Thursday that she never promised crypto lobbyist Michelle Bond any kind of no-prosecute deal as the government negotiated a guilty plea with Bond's husband, former FTX executive Ryan Salame.

  • November 19, 2025

    Charlie Javice's Redo Bid Says Clerks Had Davis Polk Conflict

    Charlie Javice, who faces a seven-year sentence for conning JPMorgan Chase & Co. into buying her college financial aid startup Frank, asked a Manhattan federal judge Wednesday for a new trial, arguing that two clerks who worked on the trial had accepted jobs with the bank's firm Davis Polk & Wardwell LLP.

  • November 19, 2025

    Judge Allows Peru To Probe Brookfield In Toll Road Dispute

    A New York federal judge has agreed to allow Peru to seek documents from Brookfield and others as it pursues domestic criminal proceedings in a feud stemming from an allegedly corrupt toll highway project involving an entity now majority-owned by the asset manager.

  • November 19, 2025

    Deutsche Bank To Pay FINRA $2.5M Over Research Reports

    The securities segment of Deutsche Bank on Wednesday agreed to pay the Financial Industry Regulatory Authority $2.5 million to settle claims that for 18 years it violated multiple research report disclosure requirements, impacting approximately 110,000 debt and equity research reports.

  • November 19, 2025

    TD Bank Accused Of Chinese Discrimination In AML Fallout

    Ex-TD Bank employees on Wednesday hit the bank with a proposed class action accusing it of unlawfully targeting and firing its Chinese and Chinese-American workers in an attempt to show compliance with anti-money laundering procedures in the wake of enforcement actions taken by the U.S. government against the bank.

  • November 19, 2025

    NJ Construction Co. Sues Over Hudson Tunnel Union Limits

    A New Jersey construction company wants to delay bidding for part of the $16 billion Hudson Tunnel Project, claiming in a federal lawsuit that the multistate commission overseeing the project unlawfully barred employing the United Steelworkers union currently representing the company's workers.

  • November 19, 2025

    Tennis Australia Seeks Pause In Suit As Antitrust Deal Nears

    Professional tennis players are seeking to pause proceedings against defendant Tennis Australia Ltd. in a lawsuit accusing major organizations in the sport of manipulating pay and rankings through an illegal cartel, saying Wednesday that a settlement is imminent.

  • November 19, 2025

    Insurer Says Broker Error Bars Claim For Chocolate Spoilage

    Aspen American Insurance Co. hit a U.S. affiliate of French pastry retailer Laduree with a federal complaint seeking to void an insurance contract over a shipment of chocolate the company claimed was improperly refrigerated during overseas transit.

  • November 19, 2025

    Live Nation Looks To End DOJ's Antitrust Case

    Live Nation told a New York federal court there's no need for a trial in the antitrust case from the U.S. Department of Justice and a contingent of states because enforcers have not shown that it has monopoly power over any live entertainment market or that it hurt competition.

  • November 19, 2025

    NY Judge Halts DHS' Protected Status Termination For Syrians

    A New York federal judge on Wednesday expressed disbelief that the Trump administration adequately considered local conditions when ending Temporary Protected Status for those facing danger in their home countries, staying the decision to end the program for Syrians.

Expert Analysis

  • 5 Evolving Marketing Risks That Finance Cos. Should Watch

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    Financial services providers should beware several areas where consumer protection regulators are broadening their scrutiny of modern marketing practices, such as the use of influencer testimonials or advertisements touting artificial intelligence-powered products, so they can better adapt to changing expectations for compliance, say attorneys at Hinshaw.

  • Protecting Sensitive Court Filings After Recent Cyber Breach

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    In the wake of a recent cyberattack on federal courts' Case Management/Electronic Case Files system, civil litigants should consider seeking enhanced protections for sensitive materials filed under seal to mitigate the risk of unauthorized exposure, say attorneys at Redgrave.

  • Despite Fraud Focus, SEC Still Targeting Technical Violations

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    The U.S. Securities and Exchange Commission under Chairman Paul Atkins has emphasized its back-to-basics strategy, focusing on identifying and combating fraud and manipulation, but at the same time, it has continued to pursue nonfraud-based actions targeting technical rule violations, a trend that will likely continue, say attorneys at Morgan Lewis.

  • Series

    NY Banking Brief: All The Notable Legal Updates In Q3

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    Of note in the third quarter of the year, New York state regulators moved forward on their agendas to limit abuse of electronic banking, including via a settlement with stablecoin issuer Paxos and a lawsuit against Zelle alleging insufficient security measures, says Chris Bonner at Barclay Damon.

  • Series

    Judging Figure Skating Makes Me A Better Lawyer

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    Judging figure skating competitions helps me hone the focus, decisiveness and ability to process complex real-time information I need in court, but more importantly, it makes me reengage with a community and my identity outside of law, which, paradoxically, always brings me back to work feeling restored, says Megan Raymond at Groombridge Wu.

  • $100K H-1B Fee May Disrupt Rural Healthcare Needs

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    The Trump administration's newly imposed $100,000 supplemental fee on new H-1B petitions may disproportionately affect healthcare employers' ability to recruit international medical graduates, and the fee's national interest exceptions will not adequately solve ensuing problems for healthcare employers or medically underserved areas, say attorneys at Holland & Knight.

  • What Ethics Rules Say On Atty Discipline For Online Speech

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    Though law firms are free to discipline employees for their online commentary about Charlie Kirk or other social media activity, saying crude or insensitive things on the internet generally doesn’t subject attorneys to professional discipline under the Model Rules of Professional Conduct, says Stacie H. Rosenzweig at Halling & Cayo.

  • Kimmel 2nd Circ. Victory Holds Novel Copyright Lessons

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    The Second Circuit's recent decision in Santos v. Kimmel, dismissing a copyright infringement claim against Kimmel for airing Cameo videos recorded by former U.S. Rep George Santos, examines the unusual situation of copyrighted works created at the request of the alleged infringer, say attorneys at Venable.

  • Junior Attys Must Beware Of 5 Common Legal Brief Mistakes

    Excerpt from Practical Guidance
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    Junior law firm associates must be careful to avoid five common pitfalls when drafting legal briefs — from including every possible argument to not developing a theme — to build the reputation of a sought-after litigator, says James Argionis at Cozen O'Connor.

  • Expect DOJ To Repeat 4 Themes From 2024's FCPA Trials

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    As two upcoming Foreign Corrupt Practice Act trials approach, defense counsel should anticipate the U.S. Department of Justice to revive several of the same themes prosecutors leaned on in trials last year to motivate jurors to convict, and build counternarratives to neutralize these arguments, says James Koukios at MoFo.

  • How The SEC Has Subtly Changed Its Injunction Approach

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    For decades, the U.S. Securities and Exchange Commission has relied on the obey-the-law injunction, but judicial deference to the SEC's desired language has fractured since 2012 — with the commission itself this year utilizing a more tailored approach to injunctions, albeit inconsistently, say attorneys at Hilgers Graben.

  • Lessons As Joint Employer Suits Shift From Rare To Routine

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    Joint employer allegations now appear so frequently that employers should treat them as part of the ordinary risk landscape, and several recent decisions demonstrate how fluid the liability doctrine has become, says Thomas O’Connell at Buchalter.

  • Series

    Power To The Paralegals: How And Why Training Must Evolve

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    Empowering paralegals through new models of education that emphasize digital fluency, interdisciplinary collaboration and human-centered lawyering could help solve workforce challenges and the justice gap — if firms, educators and policymakers get on board, say Kristine Custodio Suero and Kelli Radnothy.

  • Series

    Playing Softball Makes Me A Better Lawyer

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    My time on the softball field has taught me lessons that also apply to success in legal work — on effective preparation, flexibility, communication and teamwork, says Sarah Abrams at Baleen Specialty.

  • And Now A Word From The Panel: Choosing MDL Venues

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    One of the most interesting yet least predictable facets of the Judicial Panel on Multidistrict Litigation's practice is venue — namely where the panel decides to place a new MDL proceeding — and its choices reflect the tension between neutrality and case-specific factors, says Alan Rothman at Sidley.

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