A New York state appeals court on Thursday denied a father’s attempt to revive previously dismissed claims against a mental health care provider he claimed wrongly allowed his ex-wife to treat their son with certain medications, finding he failed to state a cause of action.
U.S. Securities and Exchange Commission whistleblower Jason Thorell said that he was out for a bounty — and to “damage” former bosses at hedge fund Visium Asset Management LP — when he secretly recorded criminal fraud defendant Stefan Lumiere saying a fund boss was “egregiously” mismarking debt values, a Manhattan federal jury heard Thursday.
Federal prosecutors said Thursday in Brooklyn that Platinum Partners founder Mark Nordlicht and another executive took steps to divert money invested in the distressed hedge fund for their own benefit, after authorities raided Platinum's offices over a purported $1 billion securities fraud scheme.
A split New York appeals court revived claims that Bronx-Lebanon Hospital Center and a doctor failed to correctly treat a woman’s ectopic pregnancy, leading to the removal of one of her fallopian tubes, holding Thursday that the patient’s expert raised a number of questions regarding whether she received appropriate care.
A New York attorney who owns two Brooklyn drug treatment programs has been indicted on charges that he bribed the operators of drug recovery homes to make residents attend his programs and then illegally billed Medicaid for those treatments, the state attorney general announced Thursday.
New York Attorney General Eric Schneiderman on Thursday closed the book on a four-year investigation into a Citigroup subsidiary that revealed over 47,000 customers were overcharged by more than $22.5 million in fees on their managed investment accounts.
A New York bankruptcy judge Thursday held Ironshore Insurance Ltd. and other insurers in contempt for seeking a Bermuda court’s help blocking litigation accusing them of wrongfully refusing to help pay a massive settlement in connection with MF Global's collapse.
A portfolio of four hotels in New York, Pennsylvania, Texas and Virginia has scored $92 million in financing, according to an announcement on Thursday from Sonnenblick-Eichner Co., which arranged four loans for the 592-room package.
New Jersey Gov. Chris Christie scored a partial victory Thursday when a New Jersey state judge reversed a probable cause finding in an activist's criminal complaint against the governor over lane closures at the George Washington Bridge, because Christie's counsel had not been allowed to participate in the probable cause hearing.
Slowly but surely, state ethics committees are addressing the rules and responsibilities around an often overlooked risk to client confidentiality — document metadata. Here, Law360 answers four common questions lawyers have about the ethical landscape for handling the sensitive client data.
A Massachusetts state judge on Wednesday shot down Exxon’s challenge to state Attorney General Maura Healey’s climate change investigation, ruling the Texas company couldn’t skip out of Massachusetts court when it does business in the commonwealth.
The U.S. Securities and Exchange Commission and the New York District Attorney’s Office asked a bankruptcy judge in separate filings on Wednesday to block the liquidating trustee in the Dewey & LeBoeuf LLP bankruptcy from disposing of documents needed in civil and criminal lawsuits against officers and employees of the defunct law firm.
The U.S. Commodities Futures Trading Commission announced Wednesday that it has penalized J.P. Morgan’s securities division for failing to ensure customers weren’t being overbilled for clearinghouse fees on orders placed on the Chicago Mercantile Exchange and other exchanges.
Visium Asset Management LP general counsel David Keily told a Manhattan federal jury Wednesday that hedge fund brass made little or no effort to comply with guidelines for properly valuing debt securities during the years in which prosecutors say former portfolio manager Stefan Lumiere schemed to overvalue a $480 million debt fund.
New York Gov. Andrew Cuomo has signed two executive orders, one prohibiting state agencies from evaluating candidates based on their prior salary or asking about their wage history, and the other requiring state contractors to disclose job title and salary data.
Morgan Stanley, Credit Suisse AG and other megabanks on Wednesday urged a New York state judge to ditch multiple lawsuits over nearly $2 billion worth of residential mortgage-backed securities brought by a stand-in for defunct Belgian banking giant Fortis Bank NV/SA, saying there was no valid transfer of claims.
A New York appeals court on Wednesday ordered a new trial in a medical malpractice suit accusing two doctors of improperly taking a patient off a blood-thinning drug, which allegedly led to his stroke, saying the defense’s expert witness testimony wasn’t properly disclosed to plaintiffs prior to the jury trial.
A New York state appeals court on Wednesday affirmed the dismissal of a medical malpractice claim against the New York City Health and Hospital Corp. over an infant’s complications following a premature birth, which a lower state judge found was untimely and improperly filed.
A Manhattan federal judge on Tuesday sentenced a former Barclays director to five months in prison for giving his plumber profitable stock tips in exchange for cash, calling the conduct “an extraordinary breach of trust.”
CIM Group has reportedly paid Mount Sinai Beth Israel roughly $90 million for a New York building, Curbcut Urban Partners is in talks to lease 38,000 square feet in Queens to a movie theater, and Chervon North America has reportedly subleased a 124,000-square-foot Chicago-area building.
In this weekly column, real-life New York City jury consultant and psychologist Roy Futterman parses fact from fiction in "Bull," the new TV series airing on CBS about a fictional NYC jury consultant/psychologist. Spoiler alert ...
The first paragraph of Philip Hirschkop’s obituary is going to contain the word "Loving." That’s undeniable. But many of Hirschkop’s other cases are just as groundbreaking in their own right. They aren’t household names like Loving, but they have affected millions in the nation’s households, says Randy Maniloff of White and Williams LLP.
Whether or not courts regard multiple acts, errors, omissions or claims as interrelated or related is very fact-specific and highly dependent on the language of the policy in question. In the second part of this article, Rory Jurman and Steven Cula primarily explore how Florida courts have interpreted related claim provisions.
When advising employers on the use of payroll card programs as an alternative method of paying employees there are several considerations lawyers should adopt. Kevin Vance of Duane Morris LLP discusses key issues concerning payroll cards and best practices for establishing and maintaining a payroll card program.
Courts have reached varying conclusions regarding the extent to which claims must be related in order to constitute a single claim under an insurancy policy. Rory Jurman and Steven Cula of Fowler White Burnett PA explain the question of interrelatedness and discuss how various states have approached the issue.
Rhode Island, which has no Major League Baseball team of its own, is basically part of Red Sox nation. So what happens when a defendant is tried for bank fraud in Rhode Island before a jury that learns that he’s a Yankees fan? Day Pitney LLP partner and former federal prosecutor Daniel Wenner reviews the case.
U.S. District Judge Jed Rakoff in U.S. Securities and Exchange Commission v. Payton recently denied a motion for a new trial by two remote tippees found guilty of insider trading. An interesting aspect of the decision is the court’s treatment of whether the tippees knew or should have known that the tipper had breached his duty of confidentiality, says Jonathan Richman of Proskauer Rose LLP.
President-elect Donald Trump has pledged to drastically change the federal government’s role and policies in relation to energy, the environment and climate change. In the first of a two-part series, Christopher Carr and Robert Fleishman of Morrison & Foerster LLP consider the incoming administration's plans on infrastructure, natural gas, oil and coal, as well as clean and renewable energy.
As law firms and clients conduct more business on a regional or national scale, multijurisdictional practice is becoming more prevalent for practicing attorneys. Attorneys engaged in both private practice and as in-house counsel need to be aware of the ethical risks of practicing across jurisdictions — including the implications of engaging in the unauthorized practice of law, say Melinda Gentile and Monique Cardenas of Peckar & Abramson PC.
A critical — and arguably the least predictable — facet of the Judicial Panel for Multidistrict Litigation's practice is the selection of the venue for a new MDL proceeding. In this installment of his bimonthly series on the panel, Alan Rothman of Kaye Scholer LLP looks at the panel’s reasoning for its selection of particular venues, as well as arguments advanced by the parties, over the past year.