A Statoil unit and a Texaco unit urged a New York federal court on Friday to enforce a more than $1 billion award against Nigeria's state-owned oil company, saying a Nigerian court decision finding that the dispute was related to taxes, and therefore cannot be arbitrated, violates U.S. public policy.
A plant-based beverage maker was hit with a proposed class action Friday in New York federal court for allegedly making unsupported claims about the health benefits of so-called super herbs and coconut oil, as well as misrepresenting that the drinks are made with real coconut milk.
A New York Jets season ticket holder launched a proposed class action lawsuit against the team in New Jersey state court Friday alleging its decision to sell season ticket packages that do not require corresponding personal seat licenses rendered his own PSLs meaningless.
New York Gov. Andrew Cuomo’s former aide Joseph Percoco took a blow recently in one of the first trials to produce a bribery conviction post-McDonnell, but its impact on public corruption cases will depend on whether such jury verdicts can pass muster before more discerning appeals courts.
Five New York doctors prescribed a potent painkiller sold by Insys Therapeutics Inc. in exchange for money and lavish kickbacks, including lap dances and liquor that two of the doctors accepted, the U.S. Department of Justice said in a felony indictment unsealed Friday.
A New York dog owner filed a putative class action in federal court on Friday against the Smucker's-owned company that make Kibbles 'n Bits dog food, claiming the food was falsely touted as safe even though it was contaminated with a drug used to euthanize animals.
A jailhouse-rape suit lodged against Reza Zarrab, the famed Turkish-Iranian trader who admitted to participating in a sanctions-evasion scheme benefiting the Iranian government, is fiction, Zarrab's lawyer said Friday.
A New York appellate panel on Friday tossed a suit accusing a medical malpractice insurance carrier of fraudulently inducing a physician to settle a malpractice suit, saying the doctor’s loss of staff privileges was not caused by the deal itself.
Conductor James Levine's decision to sue the New York Metropolitan Opera on Thursday after he was fired over allegations he molested young musicians shows employers not only run the risk of being sued when they ignore allegations of workers' misconduct, but when they take action as well. Here, Law360 looks at ways employers can minimize legal risks when cutting ties with an accused harasser.
The Second Circuit held Friday that Title VII’s standard for assessing punitive damages does not apply to workplace discrimination claims brought under the more liberal New York City Human Rights Law, saying a lower court incorrectly used the federal standard in a pregnancy discrimination case.
Axis Insurance Co. on Friday urged the Second Circuit to uphold a New York federal court's ruling that it doesn't owe Lynn Tilton's Patriarch Partners LLC $5 million to cover the costs of an SEC investigation and enforcement action, saying the lower court properly concluded that coverage is barred because the probe predated the insurer's policy.
Georgia Power, co-owner of a nuclear power project whose fate has been intertwined with Westinghouse’s bankruptcy, told a New York bankruptcy court on Thursday that proposed Westinghouse reorganization plan language should be revised to reflect that the plant’s owners have dibs on up to $57.5 million sitting in a bank account.
A consumer on Thursday dropped her New York federal suit claiming that supermarket chain Morton Williams violated the Americans with Disabilities Act by failing to make its website accessible to blind or visually impaired users, after counsel for both sides said they had reached a confidential settlement.
A federal judge declined Friday to impose sanctions against former Fox News personality Andrea Tantaros and her ex-attorney in the TV host’s suit alleging the network cyberstalked her after she complained about sexual harassment, saying the court wouldn’t describe Tantaros’ claims as “clearly frivolous.”
A group of investment funds seeking to hold Merrill Lynch, Deutsche Bank and Credit Suisse responsible for losses stemming from the infamous 2001 collapse of Enron Corp. have urged a New York federal judge to let their 15-year-old case proceed to trial, battling back against the banks’ latest efforts to slip the suit.
Westbrook Partners has reportedly taken a stake in an HFZ Capital New York project, AJ Capital is said to have scored $60 million in financing for a Roosevelt Island hotel project, and Carpe Real Estate Partners has reportedly bought a Miami development site for $14 million.
AIG Specialty Insurance Co. urged the Ninth Circuit on Friday to reverse an order allowing Walt Disney Co. to arbitrate a dispute over the coverage of $25 million of an undisclosed settlement with a beef company that sued over ABC’s characterization of its “lean finely textured beef” as “pink slime.”
A New York bankruptcy judge on Thursday dismissed a punitive damages claim from a suit over a 2014 car crash involving a Fiat Chrysler vehicle, saying the claim is barred by a 2009 sale order for Old Chrysler after its bankruptcy.
A Manhattan judge declined to toss a fraud action targeting medical device maker HeartWare International Inc. Friday, holding that former workers, who said the company didn't come clean about problems with its flagship heart pump product, gave plausibility to claims that investors were misled.
Simpson Thacher & Bartlett LLP guided New York-based Brightstar Capital Partners on the private equity shop’s first ever fund, racking up more than $710 million in commitments from a diverse group of investors, the company announced Friday.
In prosecuting and defending class actions, a conservative, ethical and salutary approach should be taken by all parties. Unfortunately, a survey of recent cases reveals a wide range of problematic behavior by certain class action attorneys, which only lends credence to criticisms of the class action concept, says retired judge Thomas Dickerson.
Foreign representatives have long used Chapter 15 discovery to investigate whether a foreign debtor has assets in the U.S. But two recent cases in New York involving Russian debtors demonstrate the value of Chapter 15 for uncovering assets that were fraudulently transferred, say Rick Antonoff and Evan Zucker of Blank Rome LLP.
A New York state court’s recent decision in City Trading Fund v. Nye demonstrates that even under the state's less exacting Gordon standard, disclosure-only settlements will not be approved simply as a matter of course. The decision adds to a nationwide trend of courts acting to discourage frivolous claims in public company M&A situations, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.
In an age of data-driven decision-making, too many companies are making important choices about dispute resolution based on anecdotes and isolated experiences. I’d like to explain why a number of objections to arbitration are ill-founded, says Foley Hoag LLP partner John Shope.
Multiple courts have held that discoverable material from negotiations with a litigation funder, when executed properly, can be attorney work product and immune from disclosure in the later litigation. The recent Acceleration Bay decision is indicative of what happens when difficult facts conflict with best practices, says Eric Robinson of Stevens & Lee PC.
States and taxpayers must address the deemed repatriation of foreign income provisions in newly enacted IRC Section 965, as they affect how income is taxed at the state level, with effects varying in each state. Reactions thus far include legislation proposed in Connecticut and New York, and the creation of a multistate taxpayer coalition to represent taxpayer concerns as the states begin to adapt, say attorneys at McDermott Will & Emery LLP.
In a conversation ranging from Wall Street lawyering to Howard Stern to the shape of the New York Court of Appeals, White and Williams LLP counsel Randy Maniloff sits down with former New York Gov. George Pataki at his office at Norton Rose Fulbright.
Although companies often do not disclose internal or government investigations generally, and there are no cases obligating disclosure of sexual harassment investigations specifically, companies are not impervious to litigation for failing to disclose such information, or for breach of fiduciary duty in connection with tolerating sexual harassment, say attorneys with Goodwin Procter LLP.
Legal leaders who want to meet their clients' expanding expectations should start moving their documents to future-ready document management solutions now if they want to stay competitive in the next few years, says Dan Puterbaugh of Adobe Systems Inc.
Earlier this month, the Trump administration released its long-awaited infrastructure plan. The plan is generally supportive of public-private partnerships, and includes a number of specific elements that would benefit the U.S. P3 market. But it does not demonstrate where Congress will find the revenues to authorize the planned spending, say Lance Brasher and Joshua Nickerson of Skadden Arps Slate Meagher & Flom LLP.