New York

  • December 12, 2017

    NY's OCC Fintech Charter Suit Dismissed As 'Speculative'

    A challenge to a proposed federal charter for financial technology firms was dismissed on Tuesday, with a federal judge ruling that New York's top financial regulator's case was speculative, because the Office of the Comptroller of the Currency has not finalized its plans for the charter.

  • December 12, 2017

    In Wine Trademark Battle, Judge Says TTAB Ruling Is Binding

    Citing a recent U.S. Supreme Court ruling, a New York federal judge ruled Monday that a California vineyard was barred from relitigating a decade-old decision issued by the Trademark Trial and Appeal Board.

  • December 12, 2017

    NY Catering Hall Hit With Forced Labor, Visa Fraud Charges

    Two men in Long Island, New York, who allegedly lured Filipino immigrants to the United States with false promises of good jobs in the hospitality business only to force them to work for substandard wages at a catering hall now face charges of forced labor and visa fraud, the federal government said on Monday.

  • December 12, 2017

    Gawker, Deadspin Libel Suit Set For Feb. 14 Trial

    A sports gambling guru and a writer accused of defaming him will go head to head in New York bankruptcy court after a judge set a Feb. 14 trial date to determine whether the journalist is protected by an injunction tied to the sale of the website’s bankrupt former parent Gawker Media.

  • December 12, 2017

    Real Estate Rumors: Kirkland, Jim Crane, Monday Properties

    Kirkland & Ellis has reportedly leased another 120,000 square feet in Manhattan, a company run by Houston Astros owner Jim Crane is said to have landed a $19 million loan for a Florida hotel project, and Monday Properties has reportedly reached a deal to lease more than 16,000 square feet in New York.

  • December 12, 2017

    Unibail Pays $15.7B For Shopping Center Giant Westfield

    Real estate investment firm Unibail-Rodamco SE said Tuesday it will pay $15.7 billion to acquire shopping center owner and operator Westfield Corp., boosting the French company’s reach in the retail sector through the acquisition of assets in major American cities, the U.K. and Australia.

  • December 12, 2017

    Apparel Co. Loses Bid To Revive $50M Adidas Contract Row

    A New York federal court on Monday denied a streetwear apparel brand's attempt to revive a $50 million breach of contract claim it brought against Adidas AG over a failed collaboration agreement, finding that the company failed to present new evidence.

  • December 12, 2017

    DOJ Seeks Dismissal Of HSBC Money Laundering Case

    The Justice Department on Tuesday asked a federal judge in Brooklyn to end a deferred prosecution agreement against HSBC Holdings PLC, saying that the British bank had addressed the problems that allowed Mexican drug cartels to funnel nearly $1 billion into the U.S. financial system.

  • December 11, 2017

    FIFA Judge Keeps Soccer Bosses' Disparate Fates From Jury

    The New York federal judge overseeing the ongoing FIFA corruption trial said Monday that it would needlessly confuse the jury to hear that one indicted Brazilian soccer official remains the president of the country's soccer federation, while the other — currently on trial in the case — had been banned from the sport.

  • December 11, 2017

    Has Litigation Finance Shed Its Stigma?

    Once a taboo topic in the halls of BigLaw, litigation finance is winning over converts. And the peer pressure is building for rival law firms to join the bandwagon.

  • December 11, 2017

    What Your Colleagues Think Of Litigation Finance

    We asked, and you answered. Here are the results of Law360’s inaugural survey on third-party legal funding.

  • December 11, 2017

    Why Investors Are Taking The Leap To 3rd-Party Funding

    They often don’t know exactly what they’re buying, and there’s an ever-present chance they could come up empty in a given case. Here’s why investors are flocking to litigation finance anyway.

  • December 11, 2017

    Ex-Katten Atty's Expert Defends No-Work Consulting Deals

    An executive compensation expert on Monday told the jury in the fraud trial of former Katten Muchin Rosenman LLP attorney Evan Greebel that there’s nothing unusual about consulting deals that don’t involve much consulting, as the defense sought to refute a central theory of the government’s case.

  • December 11, 2017

    Feds’ Plea Leverage At Stake In High Court Tax Dodger Case

    The federal government could lose a potentially important bargaining chip during plea negotiations if U.S. Supreme Court justices narrow the application of a statute criminalizing the obstruction of federal tax laws, as they recently indicated they might do during oral arguments in an appeal from a convicted tax dodger.

  • December 11, 2017

    Blind Man Hits Korean Grocery Chain With ADA Suit

    A Korean grocery chain with locations nationwide discriminates against the legally blind via a website that does not comply with the Americans with Disabilities Act, according to a suit a blind man filed in New York federal court Friday.

  • December 11, 2017

    FDIC Says Judge Should Overlook Citibank Refusal To OK Suit

    The Federal Deposit Insurance Corp. on Friday urged a New York federal judge to let its cases against Citibank, U.S. Bank and Bank of New York Mellon on behalf of a failed Texas bank go ahead even though Citibank has refused to ratify the cases, saying it has fixed the legal issues that resulted in the suits’ dismissal without Citibank’s signature.

  • December 11, 2017

    HSBC To Be Released From Drug Money Laundering DPA

    HSBC Holdings PLC said on Monday that the U.S. Department of Justice will soon release it from a deferred prosecution agreement for allegedly allowing Mexican drug cartels to launder cash and other anti-money laundering violations, five years after the agreement was reached.

  • December 11, 2017

    Noted Medical Malpractice Defense Atty Joins Dorf & Nelson

    A former Martin Clearwater & Bell LLP medical malpractice attorney has joined Dorf & Nelson LLP as a partner and will head its medical malpractice defense group in New York, the firm announced Monday.

  • December 11, 2017

    Ex-Gawker Workers Launch Crowdfunding Drive To Buy Site

    Gawker Media LLC might live to fight again after a group of the bankrupt publisher’s former employees on Monday unveiled a plan to crowdfund $500,000 to buy their old domain name at a scheduled auction in New York bankruptcy court.

  • December 11, 2017

    Turkish Ex-Cop's Testimony Sparks Mistrial Bid By Banker

    A former Istanbul police investigator told a Manhattan jury Monday that Mehmet Hakan Atilla, a Turkish banker facing charges of helping Iran evade U.S. sanctions, was being monitored about five years ago, but Atilla’s lawyers called his testimony irrelevant and asked for a mistrial.

Expert Analysis

  • The Case For Creating A Mediation Department At Your Firm

    Dennis Klein

    There are at least four reasons supporting the need for some form of a mediation group within a law firm, especially in firms with larger practices, according to Dennis Klein, owner of Critical Matter Mediation and former litigation partner at Hughes Hubbard & Reed LLP.

  • Washington's Definition Of Improper Rebates May Shift

    Shawn Hanson

    A Washington administrative law judge's ruling in the ongoing Zenefits case last month suggests that Washington is possibly beginning to fall into line with larger states in the anti-rebate area, say Shawn Hanson and Nicholas Gregory of Akin Gump Strauss Hauer & Feld LLP.

  • A New, Relaxed Standard For Class Cert. In Securities Cases

    Brian Headshot.jpg

    After the Second Circuit’s decision last week in Waggoner v. Barclays, it should be easier for securities fraud plaintiffs to win class certification when their cases involve securities that are not listed on national exchanges, says Brian Lehman of The Lehman Law Group.

  • Core Functions And Cooperative Federalism At The EPA

    Dan Jordanger

    The U.S. Environmental Protection Agency’s recently released draft strategic plan for 2018-2022 starkly narrows the items on which the EPA will focus its resources and turns the agency’s back on many objectives contained in the previous plan — things that the Trump administration and Administrator Scott Pruitt believe should not be done at all, says Dan Jordanger of Hunton & Williams LLP.

  • A Look At NYC Bar Association's Task Force On Puerto Rico

    Roger Juan Maldonado

    Last year, the New York City Bar Association created its Task Force on Puerto Rico to monitor and comment on the actions of stakeholders involved in the implementation of the Puerto Rico Oversight Management and Economic Stability Act. The task force's focus has naturally shifted in the aftermath of Hurricane Maria's catastrophic impact, say Roger Juan Maldonado and Neysa Alsina of the New York City Bar Association.

  • Opinion

    The Legal Fallout For Harvey Weinstein’s Hired Hands

    Nicole Kardell

    There is a difference between a lawyer or investigator seeking evidence to defend against allegations and correct misrepresentations, and, on the other hand, using duplicitous means to gather information and intimidate alleged victims and journalists. Client advocacy does not mean winning at all costs, says Nicole Kardell of Ifrah Law PLLC.

  • The Good And Evil Of Permissive Notices Of Occurrences

    Mina Matin

    Under New York law, insureds face both advantages and disadvantages by giving notice of a permissive occurrence as a precautionary measure. Insureds must treat these notices with careful vigilance in order to survive in a competitive insurance market, especially in relation to long-tail risks, says Mina Matin of Norton Rose Fulbright.

  • Jury Persuasion In An 'Alt-Fact' World

    Shelley Spiecker

    Today's climate of “alternative facts” has jurors making decisions based on beliefs, emotions and social affiliations that often go unacknowledged or underappreciated. To present their case in the most persuasive manner possible, litigators should consider adapting to their audience when it comes to four psychological factors, say consultants with Persuasion Strategies, a service of Holland & Hart LLP.

  • Controlled Group Liability Post-Sun Capital

    Ira Bogner

    A recent complaint filed by Trilantic Capital Partners shows that after Sun Capital, multiemployer pension funds and the Pension Benefit Guaranty Corp. are continuing to assert controlled group liability claims against private investment funds. The complaint also offers insight into how a private investment fund may try to rebut those arguments, say attorneys with Proskauer Rose LLP.

  • Applying The Investors' Playbook To Legal Career Planning

    Howard Cohl

    Nothing has been more instrumental in my role as a legal recruiter than what I learned from a variety of hedge fund managers, venture capitalists and investment bankers — how to analyze a deal and make a decision quickly. It boils down to the traditional SWOT analysis, says Howard Cohl, director in Major Lindsey & Africa’s emerging markets group.