New York

  • November 14, 2017

    Investment Firm Says Records Sought By IRS Irrelevant

    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.

  • November 14, 2017

    MSG Calls Foul On Ex-Knicks Player's Libel Suit

    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.

  • November 14, 2017

    Tata, DoCoMo Sew Up Deal Over $1.2B Arbitration Award

    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.

  • November 14, 2017

    REIT ShopOne Centers Scores New $325M Credit Facility

    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.

  • November 13, 2017

    Trial Kicks Off For Families In Row Over Palm Restaurant IP

    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.

  • November 13, 2017

    How Ezekiel Elliott's 2nd Circ. Case Could Upend Arbitration

    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.

  • November 13, 2017

    Ex-Katten Atty Trial Rocked By Claims Of Witness' Cybercrime

    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.

  • November 13, 2017

    Ex-Clifford Chance Partner Tapped For DOJ NatSec Deputy

    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.

  • November 13, 2017

    Equifax Hit With Rare '50-State' Complaint Over Data Breach

    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.

  • November 13, 2017

    Puerto Rico Gov't Wins Autonomy Fight Over Electric Co.

    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.

  • November 13, 2017

    Execs 'Abused The System,' Jury Told As FIFA Trial Kicks Off

    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.

  • November 13, 2017

    Kraft Asks Court To Move Fast On IP Row With Aussie Co.

    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.

  • November 13, 2017

    9/11 Victims Say Saudi Arabia Can't Nix Terror-Support Claims

    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.

  • November 13, 2017

    'Idol’ Lenders Take Asset-Stripping Suit From LA To NY

    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.

  • November 13, 2017

    REIT Launches $34M 'Mini-IPO' To Acquire Resort

    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.

  • November 13, 2017

    Polaroid Can't Claim TM On Photo Borders, Fujifilm Says

    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.

  • November 13, 2017

    Trader Joe's Says Shoppers Lied About Truffle DNA Tests

    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.

  • November 13, 2017

    Real Estate Rumors: Alo Yoga, Column, Seritage

    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.

  • November 13, 2017

    Alec Baldwin Settles With NY Art Gallery Over Painting

    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.

  • November 13, 2017

    Magellan Health Fights Investor Bid To Halt Unit Merger

    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.

Expert Analysis

  • FERC Order Signals States Can't Delay Pipeline Rulings

    James Bowe Jr.

    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.

  • The Law Firm CFO’s Role In The Strategic Planning Process

    Tyler Quinn

    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.

  • Addressing Pay Equity In The US And Around The World

    Cynthia Jackson

    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.

  • Law Firms Must Transition To An Industry Sector Approach

    Heidi Gardner

    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.

  • Navigating The Pitfalls Of Civil Investigative Demands

    Chris Browning

    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.

  • Sham Affidavits In Medical Product Liability: Part 2

    James Beck

    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.

  • Series

    Judging A Book: Kozinski Reviews 'The Judge'

    Judge Alex Kozinski

    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.

  • New Insurance Platforms Arguably Require Producer Licenses

    Zachary Lerner

    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.

  • The Rise Of Employee Religious Discrimination Claims

    Barbara Hoey

    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.

  • Sham Affidavits In Medical Product Liability: Part 1

    James Beck

    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.