An investment firm organized in the British Virgin Islands has asked multiple federal courts to block the IRS’ bid to obtain its records from several banks, saying the records are irrelevant and the requests circumvent procedural safeguards.
Madison Square Garden’s owner finally responded Monday to a libel and slander suit brought in September by former New York Knicks basketball player Charles Oakley, telling a New York federal judge in a letter that Oakley has a history of violent behavior and his ouster from MSG after a fight was justified.
Indian conglomerate Tata Sons Ltd. and Japanese telecom NTT DoCoMo Inc. appear to have completed their settlement over a $1.2 billion arbitration award in a share purchase dispute, after the two sides agreed to drop DoCoMo’s New York federal suit to confirm the award.
ShopOne Centers REIT Inc. has scored a new $325 million credit facility from multiple banks, according to an announcement from the New York-based retail-focused real estate investment trust Tuesday.
The families behind the famous Palm Restaurant went to trial Monday in New York over claims that certain family members cheated others out of $73 million as they opened dozens of new restaurants using the Palm name and its intellectual property.
A Second Circuit decision in favor of Dallas Cowboys running back Ezekiel Elliott in his fight to vacate a six-game domestic violence suspension could fundamentally alter the state of labor law and bulldoze over deference to federal arbitrators’ decisions, experts told Law360 on Monday.
The trial of former Katten Muchin Rosenman LLP attorney Evan Greebel on charges of aiding former Retrophin Inc. CEO Martin Shkreli in a securities fraud scheme went off the rails on Monday when the testimony of a former Retrophin executive came to an abrupt halt after the defense accused him of committing a host of cybercrimes.
A former Clifford Chance LLP partner who represented a Dutch aerospace firm and a former FIFA official, among others, is being hired as the top deputy in the national security division at the U.S. Department of Justice, the firm confirmed on Monday.
Credit reporting agency Equifax, which suffered a data breach over the summer that left vulnerable the personal financial information of nearly half of all Americans, was served Friday with a rare "50-state" complaint that aims to combine the dozens of individual suits filed against Equifax since September.
The judge presiding over Puerto Rico’s historic restructuring proceedings ruled Monday that the territory’s insolvent electric company will remain under local government control as it restructures $9 billion worth of debt and addresses operational weaknesses, blocking a federal panel from installing an emergency manager to run the utility.
Three former South American soccer officials “abused the system” of international soccer to “line their own pockets with money that should have been spent to benefit the game,” a prosecutor told jurors in New York federal court Monday as the first trial in the U.S. government’s FIFA corruption probe kicked off in earnest.
Kraft Foods urged a New York federal court Friday to expedite its decision on whether an Australian dairy company should mediate or arbitrate a dispute involving its alleged misuse of Kraft's special peanut butter jar design, saying the dairy company should not be permitted to run out the clock any longer.
Saudi Arabia can’t dispose of the massive lawsuit claiming it supported al-Qaida as it planned and carried out 9/11, victims of the terrorist attacks told a New York federal judge Thursday, arguing that the country hasn’t adequately challenged the court’s jurisdiction.
Lenders to the failed production company behind “American Idol” who accuse 21st Century Fox and Apollo Global Management of siphoning off its assets and leaving creditors with scraps as part of a complex merger of production companies they controlled have filed a new suit in New York state court after similar litigation in Los Angeles was put on hold.
Aspen REIT Inc., a real estate investment trust formed to own the St. Regis Aspen Resort, filed plans Monday to raise nearly $34 million for a "mini-IPO" that would allow it to acquire a 100 percent indirect interest in the resort and become the first single-asset REIT listed on a major stock exchange.
Fujifilm's North American unit on Monday slapped Polaroid's parent company with a lawsuit in New York federal court, saying the company is lobbing insincere trademark and trade dress infringement claims over its white film border as a last-ditch effort to profit from its intellectual property portfolio.
Trader Joe’s Co. has asked a New York federal court to impose sanctions on shoppers who filed a proposed class action accusing the grocery store of charging premium prices on truffle-flavored olive oil containing no black truffle, claiming Friday that the shoppers lied about whether DNA tests proved the lack of truffles.
Alo Yoga has reportedly leased more than 14,000 square feet in New York, Column Financial is said to have loaned $300 million for a Los Angeles office tower, and Seritage Growth Properties is reportedly considering turning part of a Florida Sears building into restaurant and entertainment space.
A New York gallery owner has reached a seven-figure settlement with Alec Baldwin to resolve the actor’s lawsuit alleging she misled him about the uniqueness of a Ross Bleckner painting he purchased for $190,000, according to Baldwin’s attorneys and court documents filed in New York state court Monday.
Magellan Health Inc. has urged a Brooklyn federal judge to reject a request by investors in a senior care company it controls to halt plans to merge the company with another Magellan subsidiary, saying the investors’ demands could result in “mass confusion” for thousands of elderly patients.
Last month, the Federal Energy Regulatory Commission ruled that the New York State Department of Environmental Conservation waived its authority under the Clean Water Act by failing to either issue or deny a water quality certificate for a gas pipeline within the statutory time frame. The order signals that FERC will not countenance state inaction on pipeline projects, say attorneys with King & Spalding LLP.
Today's law firm chief financial officer should be involved in many areas beyond traditional financial management, including operations, risk management and information technology. He or she can support strategic planning throughout the process, from development of the plan to its implementation, measurement and eventual evolution, say Tyler Quinn and Marc Feigelson of Kaufman Rossin PA.
Even though the U.S. Equal Pay Act is over 50 years old, the U.S. census released in September still finds that women make 80.5 cents to the dollar that men make. Cynthia Jackson and Sarah Beeby of Dentons review recent legislation addressing pay inequity in the U.S. and globally, and discuss recommendations for employers confronting these developments.
Clients are beginning to expect and demand that their external lawyers provide advice tailored to the client's industry. Aside from this, law firms should want to move toward a sector approach because industry-focused groups are a natural place for cross-practice collaboration to flourish, say Heidi Gardner and Anusia Gillespie of Harvard Law School.
In U.S. v. Dish Network, currently on appeal to the Tenth Circuit, the district court awarded statutory damages of $280 million in favor of the U.S. and the four plaintiff states. Buried among the thousands of pages of interlocutory orders issued by the district court is a warning that should be heeded by all parties that are the subjects of governmental investigations, say attorneys with Troutman Sanders LLP.
When a witness says one thing in a deposition, but later offers an affidavit directly contradicting the prior testimony, with no credible explanation, the U.S. Supreme Court has held that the affidavit should be disregarded. James Beck of Reed Smith LLP offers a survey of significant medical product liability cases in which both plaintiffs' experts and plaintiffs themselves have contradicted their own prior statements.
In their new book, "The Judge: 26 Machiavellian Lessons," do Ronald Collins and David Skover prove their thesis that hypocrisy is the key to judicial greatness? Some of the examples they present are hard to dispute, says Judge Alex Kozinski of the Ninth Circuit.
Last week, the CEO of the National Association of Insurance Commissioners questioned Lemonade Insurance Company's peer-to-peer service, expressing concerns that Lemonade's partners may require a producer license. New, innovative ideas like Lemonade's platform can benefit potential insureds, but also present regulatory concerns, says Zachary Lerner of Locke Lord LLP.
Many employers are seeing an increase in requests for religious accommodations. Several recent court decisions and statistics from the U.S. Equal Employment Opportunity Commission provide insight into the rise in claims related to these requests, and the importance of employers understanding their obligations to accommodate, say Barbara Hoey and Alyssa Smilowitz of Kelley Drye & Warren LLP.
In the 20 years since the U.S. Supreme Court endorsed the sham affidavit doctrine — precluding creation of “genuine” factual issues by witnesses contradicting their own previous testimony — it has been important in many medical product liability cases, and practitioners should be aware of significant examples, says James Beck of Reed Smith LLP.