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New York

  • July 11, 2018

    Avaya Seeks Dismissal Of $23.5M In Charter Ch. 11 Claims

    Avaya Inc. on Tuesday asked a New York bankruptcy court to deny a $23.5 million claim stemming from a long-standing contract dispute with Charter Communications, saying a New Jersey court has ruled in its favor at the same time the latter asked for spoliation sanctions in the case.

  • July 11, 2018

    Kennedy's Legacy Remains Alive In Kavanaugh’s Nomination

    Over his four decades on the federal bench, there was one clerk U.S. Supreme Court Justice Anthony Kennedy always praised effusively. Now, that clerk could be replacing the retiring justice on the high court.

  • July 11, 2018

    Chef Brother Must Offer Affidavit In Wahlburgers Wage Case

    A federal magistrate judge ordered actor Mark Wahlberg and his brothers' burger chain to give the court a statement from one of the brothers attesting to how much he actually knows regarding the allegations in a suit over a Wahlburgers restaurant in New York that allegedly stiffed employees on wages and skimmed tips.

  • July 11, 2018

    Real Estate Rumors: Morgan Stanley, Ullico, ReBuild America

    Morgan Stanley has reportedly loaned $150 million for the recent purchase of Pfizer's New York headquarters, Ullico is said to have loaned $210 million for a Manhattan office property, and a ReBuild America venture is said to have picked up two Florida affordable housing complexes for $21.7 million

  • July 11, 2018

    Troutman Sanders Nabs 5 Partners From Crowell & Moring

    Troutman Sanders LLP has announced the hiring of five former Crowell & Moring LLP partners whose focus on litigation, insurance and reinsurance has seen them involved in sports concussion disputes, international arbitration and asbestos-related suits, among others.

  • July 11, 2018

    Senate Panel Gearing Up For Kavanaugh Vetting Fight

    The Senate Judiciary Committee has already begun what will be a lot of heavy lifting to get ready for a confirmation hearing on U.S. Supreme Court nominee Brett Kavanaugh, which could come before September, by staffing up and preparing to review hundreds of thousands of documents.

  • July 11, 2018

    Wachtell Leads Broadcom In $18.9B CA Technologies Buy

    Broadcom, advised by Wachtell Lipton Rosen & Katz, rolled out an $18.9 billion deal for New York-based software company CA Technologies on Wednesday, after national security concerns halted the chipmaker’s 12-figure hostile takeover campaign for rival Qualcomm earlier this year.

  • July 11, 2018

    What Civil Rights Rulings Could Look Like Under Kavanaugh

    U.S. Supreme Court nominee Brett Kavanaugh's record on immigration, employee rights and health care suggests he could side more closely with high court conservatives than civil rights advocates would like, paving the way for closely watched rulings on some of the nation's most controversial issues.

  • July 11, 2018

    Donziger Vows To Fight Chevron Fraud License Suspension

    The New York lawyer who shouldered blame for what a federal judge called an "egregious fraud" in a multibillion-dollar pollution judgment pledged Wednesday to fight an interim suspension of his law license.

  • July 11, 2018

    Lilis Wants Damages, Stock Awards Back From Axed VP

    Lilis Energy Inc. on Tuesday slapped a former company vice president with a lawsuit seeking to claw back stock options given to him before his cause-based termination, saying the executive lied to secure cash incentive bonuses and concealed major defects in a land acquisition.

  • July 11, 2018

    NY Boutique Duval & Stachenfeld Hikes Associate Pay

    Announcements of associate salary bumps continued apace as Manhattan-based real estate boutique Duval & Stachenfeld LLP informed its staff on Tuesday that it will increase base salaries, effective from the beginning of July, to adhere to the new market scale, at least for younger attorneys.

  • July 11, 2018

    Morgan Lewis Snags Former US Atty For Louisiana

    Morgan Lewis & Bockius LLP announced on Wednesday that the firm has shored up its global disputes and investigations team by adding a former New Orleans U.S. attorney who more recently served as vice president and chief compliance officer at Entergy.

  • July 11, 2018

    Deutsche Opts To Settle ERISA Suit Amid Looming Trial

    Deutsche Bank has agreed on the cusp of trial to settle an Employee Retirement Income Security Act class action alleging it shortchanged workers by funneling their retirement savings into funds that paid the bank exorbitant fees, documents filed in New York federal court show.

  • July 11, 2018

    EB-5 Investors Fight Fund Transfer To Risky NYC Project

    A group of Chinese investors has urged a New York state court to halt the transfer of its capital into an allegedly risky real estate development project, accusing an investment fund targeting EB-5 visa hopefuls of coercing the investors into approving the transaction by threatening to have their green card eligibility revoked.

  • July 11, 2018

    New International Arbitration Centers To Open In LA, NY

    Arbitration and mediation provider JAMS is set to open international arbitration centers in Los Angeles and New York, anticipating growth in California-based arbitration thanks to the likely passage of a law aimed at making the Golden State a favored arbitration venue, the organization said in an announcement.

  • July 11, 2018

    Ways In-House Counsel Can Foster A Positive Co. Culture

    Part of the role of in-house counsel amid the #MeToo movement is to effect change at their organizations and proactively try to create an environment in which employees are more sensitive, panelists at a New York City Bar Association event said Tuesday. They shared three other tips for how business lawyers can build a culture of respect.

  • July 11, 2018

    SEC Accuses 2nd Man In Fitbit Stock Manipulation Scam

    The U.S. Securities and Exchange Commission accused another person of profiting off a $100 million market manipulation scheme involving Fitbit Inc., telling a New York federal judge on Wednesday he and a co-conspirator issued a fake tender offer to drive up the company's stock before dumping their shares.

  • July 11, 2018

    Former Deutsche Bank Exec Heads To White & Case

    Deutsche Bank AG's former U.S. head of global transaction banking and the former Clearing House Association president has joined White & Case LLP as a partner.

  • July 11, 2018

    Comcast Again Tops Fox's Sky Bid With $34B Offer

    Comcast on Wednesday upped its buyout offer for Sky, with the latest iteration valuing the British telecom giant’s share capital at $34 billion just hours after its target backed an increased offer from competing suitor 21st Century Fox.

  • July 10, 2018

    Second 'Buffalo Billion' Bid-Rig Trial Goes To Jury

    A Manhattan federal jury is set to start deliberating Wednesday over charges that a former State University of New York president and three construction company executives committed fraud to get $750 million in “Buffalo Billion” revitalization projects for one company and $105 million in projects in Syracuse for another, after the defense closings focused on the perceived holes in the evidence presented at trial.

Expert Analysis

  • Why Fossil Fuel Generation Facilities May Be Overvalued

    Mark Lansing

    As renewable energy and energy storage drive electricity prices down, generation revenues should further decline, which should lower the valuation of coal, nuclear and natural gas power plants. Yet assessments of fossil fuel generation assets have generally remained steady, suggesting they are being significantly overvalued, says Mark Lansing of Dickinson Wright PLLC.

  • Series

    Judging A Book: Wallach Reviews 'Uncivil Warriors'

    Judge Evan Wallach

    "Uncivil Warriors: The Lawyers' Civil War," by Peter Hoffer, is a new book about the involvement of lawyers on both sides in the American Civil War. The discussion is enlightening and often fascinating, but falls short in several key areas, says Federal Circuit Judge Evan Wallach.

  • States' Crypto Enforcement Onslaught Has Only Just Begun

    John Reed Stark

    It should come as no surprise that state securities administrators have boosted their cryptocurrency enforcement efforts. Because while cryptocurrency promoters can find easy prey in today’s excitable retail investor marketplace, initial coin offerings and digital trading platforms are also easy to surveil and easy to charge, says John Reed Stark of John Reed Stark Consulting LLC.

  • BigLaw Blogs In A Post-GDPR Marketing Universe

    Stephan Roussan

    Connecting with potential prospects is now more challenging due to the EU General Data Protection Regulation, meaning that law firm microsites, blogs and social media will become more valuable than ever. The firms that deploy them strategically will increase their relative visibility and accelerate the rebuilding of their opt-in distribution lists, says Stephan Roussan of ICVM Group.

  • Why IRS Will Struggle To Respond To State SALT Cap Bypass

    Radha Mohan

    High-tax states are responding to the Tax Cuts and Jobs Act's state and local tax deduction cap by passing workaround laws and programs to protect their residents. It is now up to the IRS to show that these programs aren't eligible for a federal deduction — a challenging task as similar programs existed pre-TCJA in over 30 other states, say Rahda Mohan and Lai King Lam of McGuireWoods.

  • Twitter As Public Forum: The Limits Of The Trump Ruling

    Lyrissa Lidsky

    Until recently there has been little guidance on how U.S. Supreme Court precedent on public forums applies to an increasingly digital world. A New York federal court's decision last week regarding President Donald Trump’s Twitter account is significant because it recognizes the way we talk now, says Lyrissa Lidsky, dean of the University of Missouri School of Law.

  • Marine Businesses, Get Ready For Hurricane Season

    Matthew Guy

    Hurricane season in the Gulf of Mexico runs from June 1 to Nov. 30. The start of the season is a good time for vessel owners, shipyards, marinas, other marine businesses and their insurers to consider the risks, and make sure they have plans already in place when a storm approaches, says Matthew Guy of Adams and Reese LLP.

  • The Potentially Far-Reaching Impact Of Sports Betting Case

    Cory Lapin

    The U.S. Supreme Court’s decision in Murphy v. National Collegiate Athletic Association was focused on sports betting but could be construed as conferring substantially more power on states in general, on issues including gun control, marijuana legalization and sanctuary cities, says Cory Lapin of Manning Gross & Massenburg LLP.

  • And Now A Word To The Panel: Happy 50th!

    Alan Rothman

    As the Judicial Panel on Multidistrict Litigation heads to Chicago for its May 31 hearing session, Alan Rothman of Arnold & Porter observes the panel’s golden anniversary with a retrospective look at its origins in the enactment of the MDL statute in April 1968, and reviews its most recent hearing session held in Atlanta on March 29.

  • Do You Own The Graffiti Art On Your Building?

    Steven Weber

    H&M's recent lawsuit against graffiti artist Revok calls attention to questions that commercial property owners are trying to answer regarding what rights they have when graffiti art is painted on their walls against their will, say Steven Weber of Weber Law PA and Arturo Arca of Trembly Law Firm.