The city attorney for San Francisco said Friday that he’s not planning to join a Chicago case in the fight over grant funding for so-called sanctuary cities but hinted that new moves may be on the horizon in that battle, saying that “there are other things in the works."
Boies Schiller Flexner LLP and a Scandinavian coffee-maker company have agreed to end a pair of opposing lawsuits over sending a $427,000 fee dispute to arbitration, according to dismissal papers filed in New York state court on Friday.
The investors accusing Embraer SA of hiding a “rampant” bribery scheme from them have asked a New York federal court to deny the Brazilian aircraft manufacturer’s bid to toss their proposed class action, saying the facts that the scheme existed and that the company didn’t disclose it for several years aren’t in dispute.
A New York federal judge sentenced inveterate white collar fraudster Jason Galanis to 173 months in prison for masterminding a $63 million bond fraud against a Native American tribal entity, with all but 60 months of it to run concurrently with the stretch he earned for running the Gerova Financial Ltd. pump-and-dump scheme.
Staples Inc. has agreed to pay $3.95 million to end a putative class action in which a shopper alleges the office supplier failed to fulfill service plans it sells with computers, according to a proposed settlement filed Friday in New York federal court.
Investors in EpiPen maker Mylan NV have pushed back against the pharmaceutical company’s bid to toss their securities fraud proposed class action, telling a New York federal court that Mylan hasn’t even challenged two of the categories of misstatements alleged in their complaint.
A two-part test of falsity in the U.S. Supreme Court’s momentous Escobar decision must always be satisfied in cases alleging undisclosed noncompliance with regulations, a New York federal judge has ruled, deepening a split on whether the test is mandatory.
A Lithuanian appeals court said Friday that a man accused of scamming Google Inc. and Facebook Inc. out of over $122 million by posing as a major hardware manufacturer can be extradited to the United States.
Equator Capital Management is said to have paid $70 million for a 99-year ground lease at a Staten Island development site, Axonic Properties has reportedly landed a $50 million bridge loan for a recent Florida multifamily purchase, and Office Depot is said to have dropped more than $132 million to buy its Boca Raton, Florida, headquarters building.
Attorneys considering entering the relatively new and volatile world of marijuana law need to educate themselves about the ethical rules and regulatory minefields surrounding the nascent industry, according to experts speaking Friday morning at a continuing legal education panel in New York City.
Westinghouse Electric Co. LLC, the contractor behind a canceled project to build two new nuclear reactors in South Carolina, and two of its units were hit with class complaints by former employees who said they lost their jobs without notice.
Family-owned real estate investment and management company JJ Operating Inc. has purchased a two-story commercial building in Manhattan’s Chelsea neighborhood for $107.3 million, with guidance from Goldberg Weprin Finkel Goldstein LLP, according to property records made available Friday.
Prosecutors have accused Platinum Partners co-founder Mark Nordlicht's lawyers of making a "veiled threat" to a former Platinum employee over his potential cooperation in the government's $1 billion securities fraud suit, a claim the defense calls "false and unfounded."
Transmar Commodity Group Ltd. CEO Peter G. Johnson, his son and a financial executive at the belly-up New Jersey cocoa distributor denied charges Friday that they engaged in a massive $360 million bank fraud, and Manhattan U.S. District Judge Jed S. Rakoff put the case on track for an April trial.
Convicted insider trader Raj Rajaratnam and two other executives with his defunct hedge fund Galleon Group asked a New York federal judge on Thursday to dismiss a bankruptcy trustee's $135 million fraud case against them, saying the complaint "completely distorts the reality" of the company's wind-down.
New York real estate investment trust SL Green Realty Corp. is selling an office property in Brooklyn to fund manager CIM Group for $171 million, according to an announcement from SL Green on Thursday.
A group of former Rosa Mexicano service employees has asked a New York federal court to approve a $3.6 million settlement in their proposed nationwide class action accusing the upscale Mexican restaurant chain of failing to pay overtime and minimum wages.
U.S. District Judge Jed S. Rakoff tightened DMX's bail conditions Friday after hearing that the rapper, who is accused of a large-scale tax fraud, used cocaine and other drugs in recent weeks and traveled without authorization.
Southern District of New York District Judge Jed Rakoff told The New York Times on Thursday it must bring in writers to testify in a defamation suit brought by Sarah Palin claiming a June editorial falsely linked her to political violence.
Green attorneys and ignorance of local rules are more pressing threats to the legal system than lawyers who intentionally disregard their ethical obligations, a panel of New York state and federal judges said Thursday.
As cybercriminals continue to look for easy targets, the court system will surely enter their crosshairs. If judges and court personnel do not maintain proper data security and cyber hygiene, confidential litigant information can fall into the hands of a wide variety of bad actors, say Daniel Garrie of JAMS, David Cass of IBM Cloud, Joey Johnson of Premise Health Inc. and Richard Rushing of Motorola Mobility LLC.
In a controversial decision last year, the Second Circuit became one of the only U.S. courts ever to enforce an arbitral award annulled in the primary jurisdiction. The recent Thai-Lao Lignite ruling returns the court to a more deferential application of the standard, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
When you look at your client through the "survival circuit" lens, what first appeared as an emotional mess is now valuable information about what is important to them, what needs have to be met to settle the case, or what further clarity your client requires before moving forward, say dispute resolution experts Selina Shultz and Robert Creo.
LedgerX this week became the first platform to operate as both a bitcoin swap exchange and a clearinghouse under the U.S. Commodity Futures Trading Commission’s oversight. This approval removes various previous barriers to widespread trading on bitcoin’s value, say attorneys with Morvillo LLP.
The hubbub over ascertainability has obscured another remarkable part of the Second Circuit's Petrobras decision — one that constitutes a major victory for the defense side, says Jonah Knobler of Patterson Belknap Webb & Tyler LLP.
Beginning with its decision Monday in Jock v. Sterling Jewelers, which upset a lower court’s confirmation of an arbitrator’s “class certification award,” the Second Circuit has now begun to nibble at the question of whether “class arbitration” is ultimately viable, says Gilbert Samberg of Mintz Levin Cohn Ferris Glovsky and Popeo PC.
When a law firm appoints a chief privacy officer, not only does the firm benefit from the crucial operational impact of a well-managed privacy program, but clients see how seriously you take your duties of confidentiality and competence, says Rita Heimes, research director at the International Association of Privacy Professionals.
New York courts have recognized that optional safety features are appropriate under some circumstances — for example, when equipment is operated by trained employees. But the recent ruling in Fasolas v. Bobcat of New York, where the end user was a customer of an equipment rental yard, should concern manufacturers, says Richard Rubenstein of Wilson Elser Moskowitz Edelman & Dicker LLP.
To be sure, allowing jurors to discuss evidence before final deliberations proved to be among the least popular of our recommended innovations. But empirical evidence belies these fears, say Stephen Susman, Richard Lorren Jolly and Dr. Roy Futterman of the NYU School of Law Civil Jury Project.
On Aug. 28, many entities and individuals regulated by the New York Department of Financial Services, and even those subject to certain of the exemptions, will be required to be in compliance with several of the new cybersecurity regulation’s requirements, says Theodore Augustinos of Locke Lord LLP.