The federal government must comply with a court order to give up information about people detained in connection with President Donald Trump’s Jan. 27 immigration ban, a New York federal judge said Tuesday, offering guidance on the interpretation of the order that has been a subject of debate for weeks.
Deutsche Bank AG asked a New York federal judge on Tuesday to throw out a suit that accuses it of misleading investors about its compliance with anti-money laundering laws even as regulators probed suspicious trades in its Moscow office, saying it made appropriate disclosures and can’t be held to “aspirational” pledges about ethical standards.
Holland & Knight LLP told a New York federal judge on Tuesday that it should not be disqualified from its lawsuit on behalf of First NBC Bank over alleged sham transactions filed against ethanol distributor Murex LLC, saying unrelated work performed for Murex did not constitute legal services.
A New York federal judge on Tuesday trimmed a putative class action brought by investors who say they lost money in derivatives transactions because big banks conspired to manipulate Euribor, the euro interbank offered rate. But two plaintiffs, including a California retirement fund, still have claims against JPMorgan and Citigroup.
A New York federal judge on Tuesday sentenced a fuel company employee who pled guilty to conspiring to commit a $30 million bank fraud to time served, backing off her stated intention to have him serve 90 days in a halfway house because he might meet bad people in there.
The show might go on, now that a New York bankruptcy court has signed off on defunct nonprofit Big Apple Circus Ltd.’s $1.3 million sale to a Florida-based investment firm that plans to continue Big Apple’s iconic circus shows.
International Shipholding Corp. reached a resolution Tuesday to move forward with its Chapter 11 reorganization plan to restructure more than $200 million in debt after settling with a secured lender whose objection stretched a confirmation hearing out for three days.
Dunkin’ Donuts’ parent company urged the Second Circuit on Friday to affirm a lower court’s dismissal of a putative class action alleging that the chain illegally charged sales tax, saying that the complainants can only take up their dispute with New York tax authorities.
A New York appeals court on Tuesday declined to toss a medical malpractice suit accusing New York-Presbyterian Hospital and a doctor of botching a man’s post-operative treatment which purportedly left him brain dead, saying the patient’s expert witnesses plausibly testified that medical staff breached the standard of care.
The U.S. Supreme Court on Monday declined to hear a case in which a motivational speaker with limited rights over the phrase "Own Your Power" sued Oprah Winfrey for alleged trademark infringement for her use of the expression.
The legal team for Chinese billionaire Ng Lap Seng complained Monday that federal prosecutors seeking to convict the real estate developer of trying to bribe United Nations officials have been slow to produce key evidence, keeping up a theme of putting pressure on the government ahead of trial.
Federal prosecutors filed two memorandums Friday in New York federal court seeking to prohibit prominent gambler Billy Walters from bringing evidence of “good acts” to defend insider trading charges and to allow them to proffer evidence of suspicious trades in Apple and Clorox stocks not at issue in the criminal case.
A former Japanese yen derivatives trader for Dutch lender Rabobank, who was the first to plead guilty to participating in a conspiracy to manipulate the yen London Interbank Offered Rate, asked a Manhattan federal judge on Tuesday for a noncustodial sentence due to his “superlative” cooperation.
Demands that Kanye West travel to New York for a deposition on copyright accusations are “pure harassment” designed to “extract settlement leverage,” the superstar’s attorneys told a federal court Tuesday.
Gawker Media LLC told a Manhattan bankruptcy judge Friday that it should not have to set aside $2.5 million in potential liabilities to the IRS or $1.2 million for New York City tax collectors, arguing that it has paid the federal government in full and owes the city a maximum of $9,250.
The producers of an unauthorized Dr. Seuss play are once again blasting the late author’s estate for threatening to sue for copyright infringement without ever having read the script, accusing it of “shooting in the dark first, and asking questions later.”
Nasdaq and Borse Dubai have signed a deal in which Nasdaq will provide the United Arab Emirates stock exchange owner with trading technology that Borse Dubai said Tuesday will power its expansion, improve post-trade services and attract more domestic and international capital.
Reorg Research Inc. is appealing a New York state judge's recent ruling that Murray Energy Corp. can obtain confidential sources used by the company to report on the coal giant's debt restructuring efforts because it wasn't a journalism outlet eligible for protection by the state's shield law.
The Brooklyn federal judge overseeing the government’s wide-ranging FIFA corruption case on Friday refused to throw out charges against a pair of South American soccer officials, rebuffing an extraterritorial jurisdictional challenge, but ordered prosecutors to turn over more information on allegedly tainted deals for soccer contracts.
The U.S. Supreme Court on Tuesday declined to take a second look at a dismissed class action in which former Lehman Brothers workers claimed their benefits plan should have dumped the bank's stock before it failed — a case the justices had previously revived in light of a changed standard for fiduciary duty.
When mediators rely on force to get cases settled, it doesn’t work. It’s time to suggest more productive ways for top-gun litigators and top-flight mediators to engage, says Jeff Kichaven of Jeff Kichaven Commercial Mediation.
I always worry about what will happen if someone at a Super Bowl party asks me to explain an NFL-related lawsuit, particularly one of those intellectual property lawsuits IP lawyers are supposed to know about. This article is my solution — a summary of gridiron IP disputes since the last Super Bowl, says David Kluft of Foley Hoag LLP.
The Eleventh Circuit's opinion in Galectin Therapeutics Securities Litigation and the Southern District of New York's ruling in Cortina v. Anavex Life Sciences provide helpful guidance on the types of stock promotional activities that are legally permissible under the federal securities laws, say attorneys with Paul Hastings LLP.
An English trial court's decision in the Duran Duran case led Paul McCartney to file an action for a declaratory judgment that the termination notices he has served on Sony/ATV for The Beatles' music compositions are valid, will revest ownership in him on their effective dates and will not give rise to a valid breach of contract claim. But the Duran Duran decision may not be correct even under English law, says Helene Freeman of Ph... (continued)
Love is not a subject that lawyers typically devote themselves to professionally. But as we witness this historic transition to a new administration, lawyers in particular are reminded that love is tied, however imperfectly, to our cherished founding ideals, says Kevin Curnin, president of the Association of Pro Bono Counsel.
In the last two years, real estate investors have spent nearly $1.8 billion in downtown Miami, increasing prices by 275 percent. The signs suggest that downtown Miami is on track to becoming the next South Beach, which underwent a similar transformation nearly three decades ago, says Ken Krasnow of Colliers International.
In the United States, the number of lawyers whose firms have used litigation finance has quadrupled since 2013. Even so, too many remain poorly informed, leaving them at a competitive disadvantage and prone to oddly persistent “alternative facts” about litigation finance, says Christopher Bogart, CEO of Burford Capital.
The Eleventh Circuit's recent decision in U.S. v. Stein could hinder efforts to limit loss estimates in fraud-on-the-market criminal securities fraud cases. The case cemented a firm 5-3 majority circuit split that will undoubtedly weigh heavily on judges who will be confronted with this issue in the four circuits that have yet to address it, say attorneys with Troutman Sanders LLP.
With so many possibilities and variables, it can be difficult to adhere to a strict graphics budget when preparing effective visuals for trial. There are several things you can do to limit the cost of your visuals without sacrificing quality, says Marti Martin Robinson of Litigation Insights Inc.
To date, no reported New York decision has held that permeating odors constitute property damage. Looking at out-of-state decisions, however, sheds light on the question of when a commercial general liability insurer is liable for its insured's breach of contract if tenants move out due to foul odors, say Costantino Suriano and Daniel Markewich of Mound Cotton Wollan & Greengrass LLP.