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New York

  • September 21, 2018

    Dump Truck Co. Can't Dodge NLRB Union Shutdown Ruling

    The Second Circuit on Friday granted the National Labor Relations Board’s petition to enforce a decision that a Brooklyn dump truck company illegally trimmed operations in retaliation for its drivers voting to unionize, later offering to restart if its employees rejected the union.

  • September 21, 2018

    Ex-Platinum Partners Exec Dies Ahead Of $1B Fraud Trial

    Former Platinum Partners honcho Uri Landesman, charged for his role in a purported $1 billion securities fraud scheme, died, his lawyer said Friday, ahead of a January trial of hedge fund executives accused of duping bondholders of defunct offshore driller Black Elk.

  • September 21, 2018

    QBE Gets 2nd Chance At Force-Placed-Insurance Coverage

    A New York state appeals court revived a suit by insurer QBE against other insurers over coverage for sprawling underlying litigation over lender-placed homeowners' insurance, saying a contract was misread to grant summary judgment.

  • September 21, 2018

    Ex-Cocoa Trading Co. Exec Gets 3 Months For $352M Fraud

    U.S. District Judge Jed S. Rakoff on Friday hit a former Transmar Commodity Group Ltd. finance executive with a three-month sentence for his role in a $352 million fraud that bankrupted the cocoa trader and damaged banks, crediting his effort to cooperate but saying the size of the caper required a prison term.

  • September 21, 2018

    Schwab, Ameritrade Say Goldman Can't Ditch IPO Deal

    Charles Schwab Corp. and TD Ameritrade Inc. have accused Goldman Sachs Group Inc. of unfairly trying to terminate an agreement allowing the brokerages to share Goldman securities offerings with their own customers, according to a complaint filed in New York state court Thursday.

  • September 21, 2018

    Barrick Gold Escapes Investor Class Action Over Mine Spill

    A New York federal judge granted Barrick Gold Corp.’s motion to dismiss a class action claiming the company misstated problems that led to a chemical spill at its Veladero mine in Argentina, finding the company’s allegedly misleading public statements were either forward-looking or not inherently false.

  • September 21, 2018

    Agrokor Gets Croatian Restructuring Recognized In US Court

    A New York bankruptcy judge on Friday granted Croatian food and beverage giant Agrokor U.S. bankruptcy protection while the company works through its restructuring deal in its home country.

  • September 21, 2018

    EEOC Says Walmart Discriminates Against Pregnant Workers

    Walmart discriminated against a class of women at a Wisconsin distribution center by denying their requests to take it easier at work during their pregnancies, the U.S. Equal Employment Opportunity Commission said Friday in the latest suit challenging how the mega-retailer treats pregnant workers.

  • September 21, 2018

    Health Hires: DLA Piper, Baker Donelson, Pharma GCs

    DLA Piper has brought in life sciences attorneys from Hogan Lovells and Vinson & Elkins LLP, Baker Donelson Bearman Caldwell & Berkowitz PC has boosted its health care group in Memphis, Tennessee, Aquestive Therapeutic has nabbed the head of Day Pitney LLP's life sciences group and Clearside Biomedical has hired an in-house veteran to lead its legal team.

  • September 21, 2018

    Cadwalader Asks For Court's Help With Settlement Talks

    A week before trial is scheduled to begin, Cadwalader Wickersham & Taft told a New York state court on Friday that there is still the potential to settle a legal malpractice suit brought by Washington Redskins owner Dan Snyder but that the court must step in to ensure decision makers will be at the table.

  • September 21, 2018

    7th Circ. Got Nuke Subsidy Ruling Wrong, Power Cos. Say

    Independent power producers on Friday said the Seventh Circuit issued a legally flawed decision backing Illinois' program propping up struggling nuclear power plants, but added that they haven't yet decided if they will seek rehearing or will appeal the ruling to the U.S. Supreme Court.

  • September 21, 2018

    Real Estate Rumors: Broadcast Music, IDI Logistics, WeWork

    Broadcast Music has reportedly signed a 16-year lease for its 61,390-square-foot Manhattan space, IDI Logistics is said to have landed $16.58 million in financing for a Florida project and WeWork is reportedly leasing 60,000 square feet in New York.

  • September 21, 2018

    Fluor Says Westinghouse Owes It $247M In Project Fees

    Engineering and construction giant Fluor Enterprises Inc. on Friday urged a New York bankruptcy court to order Westinghouse Electric to hand over roughly $247 million in allegedly unpaid fees stemming from a pair of nuclear reactor projects, months after the nuclear power company tried to dodge the claims.

  • September 21, 2018

    Goodwin's PropTech Group Eyes A Burgeoning Sector

    Goodwin Procter LLP says it's the first major law firm in the U.S. to set up a practice group devoted to the intersection of real estate and technology, and co-leaders of Goodwin's so-called PropTech group recently told Law360 their firm is ideally suited to tackle the complex multibillion-dollar intersection of the two practice areas.

  • September 21, 2018

    2nd Circ. Tosses ‘Light Between Oceans’ IP Suit

    The Second Circuit on Friday affirmed the dismissal of a screenwriter's suit accusing Simon & Schuster and Dreamworks of stealing his screenplay for use in the movie "Light Between Oceans," ruling there were not enough similarities between his script and a published book and movie to accuse the companies of ripping off his work.

  • September 21, 2018

    2nd Circ. Looks Set To Reverse Rakoff On Palin's NYT Suit

    The Second Circuit appeared poised Friday to reverse U.S. District Judge Jed S. Rakoff's dismissal of former vice presidential candidate Sarah Palin's suit accusing The New York Times of publishing a defamatory editorial, with a panel member saying the judge usurped the role of a jury in examining the mindset of the writer.

  • September 21, 2018

    Luv N' Care's Claims Cut In 'Family Drama' With Ex-Counsel

    A New York federal judge dismissed almost all counterclaims against intellectual property boutique Goldberg Cohen LLP in the firm's long-running dispute with former client Luv N’ Care, criticizing both sides and calling the dispute a “family drama."

  • September 21, 2018

    Sempra Charts Green Energy Exit With $1.5B Con Ed Deal

    Sempra Energy agreed Thursday to sell a U.S. renewable energy unit to Consolidated Edison Inc. for $1.54 billion, part of an asset divestment plan unveiled in June amid activist investor pressure that will see Sempra exit the U.S. renewable project business.

  • September 20, 2018

    NY AG Sues Student Debt Relief Cos. For Predatory Practices

    New York’s attorney general on Thursday accused a constellation of student debt relief companies of lying to struggling borrowers to extract illegal upfront fees for relief services that can be done for free.

  • September 20, 2018

    Rakoff Sanctions Petrobras Deal Atty For 'Kitchen Sink Brief'

    U.S. District Judge Jed S. Rakoff issued an order in New York federal court on Wednesday for a $10,000 sanction to be imposed against the attorney of an objector to the $3 billion Petrobras settlement, saying the attorney intended to “extort a payment” by delaying the settlement.

Expert Analysis

  • Fiduciary Best Practices Helped NYU Win ERISA Class Action

    Arthur Marrapese

    In Sacerdote v. New York University — the first university 403(b) employee retirement plan fee case to go to trial — a New York federal court recently ruled in favor of NYU. Arthur Marrapese of Barclay Damon LLP summarizes the university's fiduciary practices and explains how they helped it prevail at the trial level.

  • What To Expect From NYC's New Ride-Sharing Regs

    Rich Meneghello

    The New York City Council recently passed a series of laws aimed at regulating the city's ride-sharing services. However, they do not provide the clarity businesses and workers in the industry were hoping for, say Rich Meneghello and Melissa Osipoff of Fisher Phillips.

  • Q&A

    Back To School: Widener's Rod Smolla Talks Free Speech

    Rodney Smolla

    In this new series featuring law school luminaries, Widener University Delaware Law School dean Rodney Smolla discusses teaching philosophies, his interest in First Amendment law, and arguing before the U.S. Supreme Court in Virginia v. Black.

  • NY Tax Minutes: August

    Timothy Noonan

    In the latest installment of NY Tax Minutes, Timothy Noonan and K. Craig Reilly of Hodgson Russ LLP discuss New York's response to the IRS' proposed end to a SALT deduction cap workaround, a noteworthy sales and use tax decision and recent state guidance on Section 965 repatriation amounts.

  • New Pass-Through Deduction Will Pass Over Many Lawyers

    Evan Morgan

    A few weeks ago, the IRS proposed regulations related to the Tax Cuts and Jobs Act's 20 percent deduction on qualified business income for pass-through entities. The guidance offers long-awaited clarity, but is mostly bad news for many law firms, says Evan Morgan of Kaufman Rossin PA.

  • How Reckless Judicial Impeachments Threaten Rule Of Law

    Jan van Zyl Smit

    Judicial impeachment fever seems to be spreading through the states, with West Virginia legislators recently voting to remove their state's entire Supreme Court, and lawmakers in Pennsylvania and North Carolina threatening the same. These actions are a serious threat to judicial independence, says Jan van Zyl Smit of the Bingham Centre for the Rule of Law.

  • Series

    Judging A Book: Fogel Reviews 'Good Judgment'

    Judge Jeremy Fogel

    In this time of partisan conflict over judicial selection, a new book by Canadian jurist Robert J. Sharpe —​ "Good Judgment" — represents a refreshing, deeply thoughtful departure from binary arguments about how and why judges make decisions, says U.S. District Judge Jeremy Fogel, director of the Federal Judicial Center.

  • 10 Ways To Prevent E-Discovery Woes

    Debbie Reynolds

    E-discovery is not easy, but employing these 10 strategies may help minimize future headaches, say Debbie Reynolds and Daryl Gardner of EimerStahl Discovery Solutions LLC.

  • TM Licensors Beware: Your Product Liability Risks May Vary

    Jordan Lewis

    Trademark licensing has exploded in popularity, with everyone from soft drink companies to Ivanka Trump getting into the game. But licensors who attach their name to products over which they lack manufacturing control take a legal risk, and courts' differing views on licensor liability for defective products create a risk of forum shopping by plaintiffs, says Jordan Lewis of Tucker Ellis LLP.

  • 2nd Circ. Restricts The FCPA's Reach

    Brad Karp

    The Second Circuit’s opinion last week in U.S. v. Hoskins limits the U.S. Department of Justice’s ability to prosecute foreign individuals or companies for Foreign Corrupt Practices Act violations. The opinion also flatly contradicts the U.S. Securities and Exchange Commission’s 2012 FCPA resource guide, say attorneys with Paul Weiss Rifkind Wharton & Garrison LLP.