New York

  • December 14, 2017

    Real Estate Rumors: UniVista, PebblePost, Steph Curry

    UniVista Insurance has reportedly bought a new Miami building for $10.2 million, marketing startup PebblePost is said to be taking nearly 20,000 square feet on Lafayette Street in New York, and basketball player Steph Curry's family foundation has reportedly reached a deal to lease office space in Oakland, California.

  • December 14, 2017

    Turkish Banker Gets To Sleep On Decision To Take Stand

    Mehmet Hakan Atilla, the Turkish banker accused of helping Iran evade billions of dollars of U.S. sanctions, stood up to take the stand on his own behalf Thursday before a close to the trial day afforded him the opportunity to sleep on his decision.

  • December 14, 2017

    Ex-Deutsche Traders' Libor Trial Delayed By Taint Inquiry

    A frustrated Manhattan federal judge on Thursday pushed the criminal trial of two former Deutsche Bank traders from early to mid-2018, making more time to examine whether the London Interbank Offered Rate rigging case was tainted by testimony compelled in the U.K.

  • December 14, 2017

    Russia-Linked Cos. Accuse Feds, Dutch Of Undermining Deal

    Offshore companies that agreed to pay $6 million after the U.S. government seized their assets over their supposed link to a Russian tax scam argued in Manhattan federal court on Thursday that federal officials may have conspired with prosecutors in the Netherlands to keep some of their assets frozen, while a government lawyer said the companies simply took a legal risk and lost.

  • December 14, 2017

    FERC Won't Reconsider Atlantic Bridge Pipeline Project OK

    The Federal Energy Regulatory Commission on Wednesday stood by its approval of the Atlantic Bridge natural gas pipeline project in New York and New England, rejecting arguments from environmentalists and local municipalities saying that its environmental review was flawed.

  • December 14, 2017

    Disney Buys 21st Century Fox Assets In $52.4B Blockbuster

    Disney and 21st Century Fox have come to terms on a $52.4 billion agreement that will see Disney pick up 21st Century Fox’s film and television studios, along with cable and international TV assets, according to a Thursday statement.

  • December 13, 2017

    FIFA Trial Catalogs Broken Loyalties And Shifting Alliances

    As the trial of three South American soccer officials accused of agreeing to take millions in bribes from sports marketing companies began to wind down Wednesday, both prosecutors and defense attorneys attested to the culture of graft fostered over years by gatekeepers of the sport.

  • December 13, 2017

    Quinn Emanuel Hires Boies Schiller Litigator In NYC

    Quinn Emanuel Urquhart & Sullivan LLP on Wednesday announced it had hired a commercial litigator from Boies Schiller Flexner LLP who has handled several headline-grabbing cases in the art world.

  • December 13, 2017

    Judge Won't Take Tilton's Taxes Off Table In $45M Bank Fight

    A New York state judge shot down efforts by investment manager Lynn Tilton and her company, Patriarch Partners, to keep certain tax and business information private in a $45 million dispute with a German lender at a hearing on Wednesday, decisions her attorneys said they would appeal.

  • December 13, 2017

    Westinghouse Gets 3-Month Extension To File Ch. 11 Plan

    Westinghouse Electric Co. on Wednesday received 90 more days of exclusive time to file a Chapter 11 reorganization plan from a New York bankruptcy court judge, who blasted the company’s unsecured creditors for trying to “throw a bomb” in what has so far been a productive restructuring case.

  • December 13, 2017

    SEC Seeks To Freeze Digital Coin Offerer's Assets

    The U.S. Securities and Exchange Commission urged a New York federal court late Tuesday to freeze the assets of an initial coin offering and two other corporate entities run by a Quebecois couple, who regulators say ripped off investors while raising $15 million.

  • December 13, 2017

    New York Wheel Design Firm Files Ch. 11 Amid Contract Fight

    The design team company associated with the unfinished New York Wheel attraction slated to be built on Staten Island filed for Chapter 11 protection Wednesday in Delaware as it remains locked in litigation with the wheel’s owner and the city over what the debtor says were breaches of the project contract.

  • December 13, 2017

    Deals Rumor Mill: Disney, AmBank, Saudi Aramco

    Walt Disney’s deal with 21st Century Fox is on the precipice of being announced, a Malaysian lender is mulling the sale of its general insurance business, and Saudi Aramco is still deciding upon book runners and global coordinators as the state-owned oil giant prepares for a 2018 IPO that’s expected to raise $100 billion.

  • December 13, 2017

    2nd Circ. Axes Pharma Exec's Fraud Convictions

    The Second Circuit on Wednesday vaporized a pharmaceutical executive’s felony convictions for importing and selling unapproved prescription drugs, saying a judge improperly blocked testimony about legal advice that purportedly greenlighted the sales.

  • December 13, 2017

    A&P Creditors Hit Snapple Maker, Distributor With Clawbacks

    The unsecured creditors of the A&P supermarket chain asked a New York bankruptcy court judge Wednesday to claw back more than $5.6 million from Dr Pepper Snapple Group Inc. and a national distributor, alleging the payments were made too close to the retailer’s bankruptcy filing.

  • December 13, 2017

    State Can't Block Millennium Pipeline Project, NY Judge Says

    Millennium Pipeline Co. LLC on Wednesday won another court battle in its effort to build a 7.8-mile gas pipeline in southern New York, convincing a federal judge to stop the state’s environmental watchdog from blocking construction based on a water quality permit dispute.

  • December 13, 2017

    Ex-Katten Atty Trial Halted Over 'Career-Ending' Claims

    The Martin Shkreli-linked fraud trial of former Katten Muchin Rosenman LLP attorney Evan Greebel came to a screeching halt Wednesday, over unidentified “potentially career-ending” claims raised by Greebel's lawyers involving an unnamed government official.

  • December 13, 2017

    Ex-Deutsche Bank Trader's Libor Case Tainted, Judge Told

    Lawyers for former Deutsche Bank AG trader Gavin Black sought to undermine the U.S. Department of Justice in a Manhattan federal court on Wednesday at a hearing in which the government must show its London Interbank Offered Rate-rigging case wasn’t tainted by Black’s compelled testimony in the U.K.

  • December 13, 2017

    Cancer Treatment Chain Looks To Wipe FCA Claims In Ch. 11

    Bankrupt cancer treatment chain 21st Century Oncology on Tuesday told a New York bankruptcy court that a whistleblower has not brought sufficiently specific allegations to stop it from wiping the slate clean of claims that it falsely charged for medical services done under a dirty contract with a Florida health system

  • December 13, 2017

    Istanbul Ex-Cop Never Saw Turkish Banker During Stakeouts

    A former Istanbul anti-fraud cop told a Manhattan jury on Wednesday that during stakeouts he performed in a 2013 bribery probe before being forced to leave Turkey, he never saw Mehmet Hakan Atilla, the Turkish banker standing trial on charges of helping Iran dodge U.S. sanctions.

Expert Analysis

  • Series

    Judging A Book: Saris Reviews 'Locking Up Our Own'

    Judge Patti Saris

    Having just completed a six-year term as chair of the U.S. Sentencing Commission, I read Yale Law School professor James Forman's new book, "Locking Up Our Own: Crime and Punishment in Black America," with particular interest, says Judge Patti Saris, chief judge for the U.S. District Court for the District of Massachusetts.

  • COPPA: The Latest Chapter In Consumer Class Actions

    Perrie Weiner

    Though the Children’s Online Privacy Protection Act does not provide a private right of action, a recent spate of consumer class actions have attempted to use the law as a predicate for asserting violations of common law privacy-related torts and various state consumer protection statutes, say attorneys at DLA Piper LLP.

  • Why Asking About Salary History Is Risky Anywhere

    Joseph Kroeger

    Recently there has been significant attention around new laws and ordinances that prohibit employers from asking job applicants about their salary history in various U.S. states and cities. But are employers outside of these jurisdictions free to ask for salary history information of applicants without risk? Hardly, say Joseph Kroeger and Audrey Roberts of Snell & Wilmer LLP.

  • Dissecting NAIC's Insurance Data Security Model Law

    Lawrence Hamilton

    On the heels of the new Insurance Data Security Model Law recently adopted by the National Association of Insurance Commissioners, members of Mayer Brown explain the new law, its substantive requirements, and the takeaways for the insurance industry.

  • Decoding Settlement Process For FLSA Claims At 2nd Circ.

    Nathan Oleson

    Has the latest stratagem of using a Rule 68 offer of judgment in a Fair Labor Standards Act settlement created an alternative to obtaining formal court approval? This question has divided New York federal district courts over the past two years, and it will be resolved when the Second Circuit hears the appeal in Mei Xing Yu v. Hasaki Restaurant, says Nathan Oleson of Akin Gump Strauss Hauer & Feld LLP.

  • 5 Ways Retailers Can Avoid Holiday Employment Headaches

    John Richards

    During the holiday season, employees are more likely to request time off or call in sick. For retailers, however, this time of year typically means increased customer demand, staffing challenges and potential for more wage and hour exposure. Given these issues, attorneys at Greenberg Traurig LLP offer a few tips for retailers to keep in mind.

  • Palin V. NY Times: The Case Of The 'Unusual' Iqbal Hearing

    David McTaggart

    Before dismissing the Palin v. New York Times defamation lawsuit, a New York federal judge sought context for the complaint by calling for an op-ed author’s testimony in what appears to be the first-ever Iqbal hearing. If upheld on appeal, this has the potential to transform Rule 12(b)(6) motion practice, in defamation pleadings and beyond, says David McTaggart of Duane Morris LLP.

  • How Blockchain Could Change The Energy Industry: Part 2

    Caroline Stewart

    Incorporating blockchain technology into the energy marketplace poses considerable challenges. Blockchain developers must proceed in the face of regulatory uncertainty, while regulators must address reliability, stability and security concerns. But in the end, it is likely that the opportunities will outweigh the obstacles, says Caroline Stewart of Vinson & Elkins LLP.

  • How Shell Companies Launder Money In Luxury Real Estate

    Neil Axler

    The past decade has seen dramatic increases in the purchase prices of luxury residential real estate in New York and Florida as well as in the proportion of properties purchased through shell companies. Law enforcement officials are concerned that foreign criminals may be using the U.S. real estate market to launder dirty money, say attorneys with Stout Risius Ross LLC.

  • SDNY Case Raises Provocative Questions On US Jurisdiction

    Louis Rothberg

    U.S. v. Reza Zarrab, set to start trial this month in the Southern District of New York, is likely to affect the manner in which entities and individuals decide to comply with the Office of Foreign Assets Control's secondary sanctions and represents a critical interpretive question regarding the International Emergency Economic Powers Act, say attorneys with Morgan Lewis & Bockius LLP.