The estate of the late sculptor Robert Indiana, best known for his "LOVE" piece, told a New York federal court on Wednesday that it was "completely blindsided" by a deal between the estate's sole beneficiary and an art foundation suing the estate over Indiana's work.
The Second Circuit Court of Appeals affirmed a lower court decision Thursday that ordered clients of the Bernie Madoff Ponzi scheme to return $41 million in fraudulent profits to the trustee overseeing the funds' bankruptcy estate, saying they were not entitled to keep anything more than their principal investment in the fund.
Public reports accusing President Donald Trump and his businesses of wrongdoing did not justify the scope of the grand jury subpoena by the Manhattan district attorney for tax returns and financial records, Trump's attorneys told a federal appeals court Thursday.
President Donald Trump and two of his siblings tricked, bullied and swindled their niece, Mary L. Trump, out of her inherited share of the family business, fleecing her out of tens of millions of dollars, according to a lawsuit she filed in New York state court on Thursday.
The parent of the Kings Food and Balducci's supermarket chains Thursday asked a New York bankruptcy judge to allow the company to reject union contracts and pension obligations, saying they are standing in the way of the $75 million bid it has for the company.
Following a nine-day bench trial, a New York federal judge Wednesday ordered a former Apollo Management LP executive to pay a $240,000 penalty for spending his clients' funds on swanky vacations, salon trips, high-end clothing and other personal expenses, ending the almost three-year U.S. Securities and Exchange Commission case.
Pension and benefit plans for the employees of New York's Metropolitan Transportation Authority have hit Allianz Global Investors with a lawsuit claiming the investment manager torpedoed the workers' savings by making risky bets when the coronavirus pandemic hit.
A Manhattan federal judge on Wednesday fined PokerStars founder Isai Scheinberg $30,000 but declined to give him more time behind bars for running an illegal gambling business, long after prosecutors forced the Isle of Man website to forfeit $547 million in 2012.
A Manhattan federal judge sentenced fraudster Jason Galanis Thursday to under 16 years in prison for a shareholder rip-off and a tribal bond swindle that cost investors $81 million, shaving six months from his previously announced punishment because he was ineffectively served by former counsel.
Medical device maker C.R. Bard Inc. said Thursday it has agreed to a $60 million settlement with the attorneys general of 48 states and Washington, D.C., to end claims the company deceptively marketed its transvaginal surgical mesh devices to patients by downplaying serious risks.
A Manhattan federal judge ruled Thursday that Fox News host Tucker Carlson didn't defame an ex-Playboy model when he likened her involvement with President Donald Trump to "extortion," declaring that most viewers would not expect "actual facts" from Carlson.
Nixon Peabody LLP this week pushed back at five former partners accusing the firm of "punishing" them for leaving for DLA Piper last year, telling a New York state court that the partners' dispute must be determined by an arbitrator, not the courts.
New York drivers said Wednesday Lyft improperly deducted ride-hailing taxes and surcharges from drivers' portion of fares instead of charging customers, and the company is blatantly mischaracterizing their lawsuit as a tax collection dispute when it's really about wage theft.
A New York bankruptcy judge on Wednesday approved auto parts maker Garrett Motion's request to make millions of dollars in what it said were vital internal transfers and overseas payments, but not without questioning the size and scope of the requests.
A New York federal judge has rejected a bid from several attorneys general for an early win in their suit challenging a Trump administration rollback of civil rights protections for women, LGBTQ people and non-English speakers under the Affordable Care Act, finding that the states' move was premature.
A New York state court judge on Wednesday highlighted some of the limits enforcers face in pursuing accusations of pandemic-related price-gouging when she threw out a case over a wholesaler's alleged doubling of the price for Lysol Disinfectant Spray.
The former controller of a now-shuttered pharmaceutical company agreed Wednesday to pay $170,228 to settle insider trading claims from the U.S. Securities and Exchange Commission, which said he relied on material nonpublic information to sell his shares and profit $85,000 before the company's stock tanked.
Pillsbury and Kramer Levin helped a GDS Development-Klovern AB joint venture with its purchase of a property on 10th Avenue in Manhattan as well as development rights at a location nearby for $26.7 million, Herrick Feinstein, counsel to seller the Wainland family, exclusively told Law360 on Wednesday.
Attorneys for Jerry Seinfeld squared off before a Manhattan federal judge Wednesday with lawyers representing a former creative partner who accused him of stealing "Comedians in Cars Getting Coffee," battling over whether the accuser must now repay the superstar's nearly million-dollar legal bill.
Citigroup Inc. and its Citi Foundation unveiled over $1 billion in initiatives and investments Wednesday that aim to decrease the racial wealth gap in the United States by targeting issues including access to traditional banking services for communities of color and barriers that Black-owned businesses face.
Tesla Inc. has joined thousands of other businesses suing the Trump administration over tariffs on Chinese imports, demanding the U.S. government end the tariff policy and issue the electric car manufacturer a full refund, with interest, for tariffs paid on U.S. imports of car parts made in China.
A Texas oil trader was charged Tuesday in Brooklyn, New York, with paying $870,000 in bribes for his former firm, Vitol Group, to former officials at Ecuador's national petroleum concern — payments he allegedly called a "token of appreciation" for business including a $300 million fuel contract.
Platinum Partners co-founder Mark Nordlicht is asking a New York federal judge to soften his release conditions while prosecutors continue to appeal the judge's decision to grant Nordlicht a new trial on fraud charges.
A Florida entrepreneur with business ties to Rudy Giuliani hasn't paid his attorneys at Goodwin Procter LLP and Marcus Neiman & Rashbaum LLP for defending him against campaign finance charges, a New York federal judge revealed Tuesday.
Eric Trump can't wait until after the November election to sit for a deposition in the state attorney general's office probe into whether President Donald Trump inflated the value of his assets, a New York judge ruled Wednesday.
Financially robust law firms are entering the recruiting market aggressively knowing that dislocations like the COVID-19 crisis present rare competitive opportunities, and firms that remain on the sidelines when it comes to strategic hiring will be especially vulnerable to having their best talent poached, says Brian Burlant at Major Lindsey.
Public and private entities should revisit their incident response plans to ensure compliance with and understand the differences among heightened data breach notification requirements that five states and Washington, D.C., added or amended this year, says Jane Petoskey at Polsinelli.
It can take years and cost millions of dollars to secure state regulatory approval for electric transmission system upgrades needed to facilitate clean energy development, so it is important for states to create abbreviated siting processes for projects with limited anticipated impacts, says Andy Flavin at Troutman Pepper.
COVID-19 concerns and glaring gaps in registration threaten to dampen voter turnout in the 2020 election, so attorneys should take on the problem by leveraging their knowledge and resources in seven ways, says Laura Brill at Kendall Brill.
A recent increase in state attorney general labor and employment enforcement — including a challenge that prompted a New York federal judge to strike down the U.S. Department of Labor’s joint employer rule last week — sends an important message that worker protections are not easily revoked, says Catherine Ruckelshaus at the National Employment Law Project.
When a witness is isolated from the defending lawyer during a remote deposition, carefully planning the logistics and building witness confidence are critical to avoiding damaging admissions, say Jessica Staiger at Archer Daniels and Alec Solotorovsky at Eimer Stahl.
While the U.S. Department of Labor’s recent revisions to its Families First Coronavirus Response Act paid leave rule reaffirm the agency’s commonsense application of the work availability requirement and carefully balance employer operational needs with worker requests for intermittent time off, legal and practical questions remain, say attorneys at Littler.
As the pandemic delays in-person arbitration hearings, mediator and arbitrator Theodore Cheng provides arbitrators with a checklist to examine the rationale and authority for compelling parties to participate in remote hearings.
While a New York state appeals court recently ruled in Cornell University v. Board of Assessment Review that a solar photovoltaic system is taxable real property, solar developers may be able to mitigate this tax burden with careful planning, says Kaitlin Vigars at Phillips Lytle.
New York Attorney General Letitia James highlights her office's efforts to ease financial burdens for New York residents and businesses struggling during the pandemic by fighting fraud, policing employers, assisting with debt relief and more.
Recent law firm trademark disputes highlight how the tension between legal ethics rules and trademark law can make it difficult for firms to select brands that are distinctive and entitled to protection, say Kimberly Maynard and Tyler Maulsby at Frankfurt Kurnit.
New York's recently proposed set of competition laws, which aim to place New York antitrust enforcers on par with their federal counterparts by giving them the ability to challenge unilateral anti-competitive conduct, are based on underlying policies and economic theories largely rejected by federal legislation and courts, says Pat Pascarella at Kilpatrick.
New York state is rapidly mobilizing to implement the extraordinary greenhouse gas emission reductions required by the Climate Leadership and Community Protection Act, so stakeholders must engage quickly to influence how the law's broad mandates are turned into enforceable regulations, say Kevin Healy and Philip Karmel at Bryan Cave.
Over the last six months, it has become clear that many New York court proceedings can happen remotely, and we can use these new technological capabilities to create a more humane, efficient and economically responsible court system, says Joseph Frumin at The Legal Aid Society.
Following a New York federal court's recent opinion vacating the U.S. Department of the Interior's move to weaken migratory bird protections, industry players must be mindful of potential liability for incidental killings until the DOI clarifies the issue in a forthcoming rule, say Peter Whitfield and Aaron Flyer at Sidley.