The U.S. Department of Labor on Tuesday asked a Washington, D.C., federal judge to dismiss a lawsuit challenging the agency's association health plan rule, telling the judge the states that sued over the rule do not have standing to challenge the measure.
A former energy CEO with a history of regulatory run-ins told Manhattan jurors Wednesday that he loaned Craig Carton $500,000 at a time for casino trips, taking cash interest under the table, but wouldn't play along when the ex-radio talker accused of fraud asked him to say the loans were for a ticket-resale venture.
A former NFL player is urging a New York federal court not to spike his Employee Retirement Income Security Act suit claiming players weren’t properly informed about their retirement benefits, arguing the NFL players union and other defendants are trying to “rewrite” his allegations.
Mammoet-Starneth LLC told a Delaware bankruptcy court judge Wednesday that it will pursue a Chapter 11 sale of the manufactured components of the large observation wheel it was contracted to build in New York City after the project developer couldn’t secure alternative funding.
A New York state court’s recent ruling that daily fantasy sports contests are gambling exposes operators like DraftKings Inc. and FanDuel Inc. to legal risks that were thought to be resolved and may force the companies to lobby for an amendment to the state constitution to save their businesses in the Empire State.
Investors suing China’s Alibaba Group Holding Ltd. over its $25 billion initial public offering urged a New York federal court Tuesday to require the production of certain documents, saying the e-commerce giant can’t assert privilege by simply editing the document descriptions to pertain to U.S. rather than Chinese matters.
A Long Island woman hit vegan creamery Miyoko's Kitchen with a proposed class action for fraud in New York federal court on Tuesday, calling the packaging of Miyoko's Cultured Vegan Butter an insidious attempt to "bask in dairy's halo" to the "detriment and impoverishment of plaintiff and class members."
A New York federal judge confirmed an arbitral award totaling $23.1 million issued against two connected mining companies for allegedly breaching a settlement agreement with a U.S.-based gold mining company, entering default judgment against the two companies for their failure to respond to the petition.
Developer Joe Chetrit has reportedly bought a Manhattan retail property and several development sites from REIT SL Green for $144 million, a venture of Australia hotel and casino company Zagame is said to have paid $14 million for a Chicago apartment tower, and Southwest Value Partners has reportedly paid $102.6 million for a Los Angeles-area hotel.
Looking to put a final nail into a 5-year-old malpractice suit, Wachtell Lipton Rosen & Katz has told a New York federal court that the latest amended complaint from CVR Energy Inc. doesn't include "a single new allegation" drawn from the recent discovery record.
A man sued Universal City Studios LLC for $10 million in New York federal court on Tuesday claiming the entertainment giant paid him $50,000 to use his trademarked phrase “Save The Dinos” for its “Jurassic World” campaign and then violated the contract terms by plastering it on off-limits film merchandise.
Dentons has settled a suit brought by a female business development specialist who accused the firm of letting a male non-attorney manager sexually harass her, including by repeatedly groping her, and then trying to silence her when she brought it up.
Barnes & Noble Inc. fired back against its ousted chief executive who has been accused of sexual misconduct against an employee, matching his breach of contract and defamation claims with breach of fiduciary duty counterclaims alleging he torpedoed a potential acquisition of the company.
An exonerated prisoner who sued General Motors and its bankruptcy estate for allegedly violating his civil rights by cooperating with his wrongful prosecution asked a Manhattan federal judge Tuesday to allow his suit to go forward, saying his claim post-dated GM's bankruptcy although the allegedly wrongful conduct happened decades before.
The liquidators for two failed Platinum Partners hedge funds pushed back Monday against Schulte Roth & Zabel LLP's refusal to turn over documents tied to the law firm's representation of the funds years earlier, telling a New York bankruptcy court that Schulte Roth's arguments are "unsupported" and "largely irrelevant."
Sheppard Mullin Richter & Hampton LLP has snagged seven real estate lawyers from Venable LLP for its office in New York, according to an announcement from Sheppard Mullin on Monday.
Punjab National Bank’s bid to obtain documents from the former head of a trio of defunct companies tied to Nirav Modi’s $2 billion fraud took a small step forward Tuesday when a New York bankruptcy court ordered both sides to produce a log detailing each request and why the executive is refusing to answer them.
The bankrupt design-build firm behind a large observation wheel project in New York City will update a Delaware judge on the status of its Chapter 11 case after the project's developer was unable to secure financing to continue the project and terminated a settlement among the parties.
A former Valeant Pharmaceuticals International Inc. executive and the ex-CEO of mail-order pharmacy Philidor Rx Services LLC were each sentenced Tuesday to a year and a day in prison for orchestrating a $9.7 million kickback scheme tied to a potential acquisition deal.
TA Realty has reportedly paid Guardian Life Insurance $36.1 million for two Florida warehouses, real estate tech firm Flip is said to be leasing 5,800 square feet in Brooklyn, and Square Mile Capital Management has reportedly invested $138.5 million in a Long Island City residential tower.
With the Milbank/Cravath pay scale once again equalizing compensation at many Am Law 100 firms, there is even more pressure for firms to differentiate themselves to top lateral associate candidates. This presents strategic considerations for both law firms and lateral candidates throughout the recruitment process, says Darin Morgan of Major Lindsey & Africa.
I have spent nearly 10 years fighting in court for the rights of Lehman Brothers’ creditors. This arduous legal journey has yielded insights into weaknesses in our financial system and bankruptcy laws that could allow catastrophic losses to happen again, says Andrew Rossman of Quinn Emanuel Urquhart & Sullivan LLP.
A New York federal judge's decision last week in Zaslavskiy relieves the government of a potentially significant pleading burden when bringing cryptocurrency actions, but does not encourage clarification of clear standards for application of the Howey test, say attorneys with Cleary Gottlieb Steen & Hamilton LLP.
In this series featuring law school luminaries, Stanford Law School professor Jeffrey Fisher discusses his motivation for teaching, arguing before the U.S. Supreme Court and what the court might look like if Judge Brett Kavanaugh is confirmed.
The first comprehensive overhaul of California's Rules of Professional Conduct in nearly 30 years becomes operational on Nov. 1. Some of the new rules mirror the model language used by the American Bar Association, but many continue to reflect California’s unique approach to certain ethical questions, says Mark Loeterman of Signature Resolution LLC.
The balancing act between protecting attorneys’ speech rights and ensuring unbiased adjudications was highlighted recently in two cases — when Michael Cohen applied for a restraining order against Stephanie Clifford's attorney, and when Johnson & Johnson questioned whether a Missouri talc verdict was tainted by public statements from the plaintiffs' counsel, says Matthew Giardina of Manning Gross & Massenburg LLP.
Asset managers may be reporting significant amounts of deferred compensation on their 2017 federal partnership returns this year under Section 457A of the Internal Revenue Code. Managers may not be thinking about the New York state and New York City tax consequences of such income inclusion required at the federal level — but that would be a mistake, say attorneys at Mayer Brown LLP.
The recent rollback of Obama-era fair lending enforcement does not mean that the risks have disappeared. New York guidance issued last month for indirect auto lenders shows that states are stepping up to fill in where the Trump administration has backed off, says Melanie Brody of Mayer Brown LLP.
In June, the U.S. Supreme Court issued a pivotal antitrust decision in Ohio v. American Express. Three partners at Cravath Swaine & Moore LLP who represented AmEx explain how one of the most significant antitrust enforcement actions in recent history led to a landmark precedent for two-sided platforms.
Two court decisions within the past year have simplified the process for bringing derivative claims outside the Cayman Islands on behalf of Cayman companies, as shareholders no longer need permission from a Cayman court. However, such claims still face two difficulties, say Peter McMaster and Anna Snead of Appleby.