An insurer for the now-defunct asbestos plaintiffs giant Napoli Bern Ripka Shkolnik LLP wants a New York federal judge to say it won’t have to pay a $4 million-plus arbitration award for a Los Angeles lawyer who accused the firm of cutting him out of lucrative case referral fees.
Unsecured creditors of Nine West Holdings Inc. have asked the bankruptcy court to allow them to expand their probe into Sycamore Partners' 2014 takeover of the women's shoe and apparel company, saying they need to subpoena additional lenders.
New York City on Wednesday became the first major U.S. city to curb the number of Uber, Lyft and similar for-hire vehicles on its roads after the City Council approved a one-year freeze on issuing new licenses to app-based ride-hailing services, while also setting a wage base for drivers.
A New York federal judge incorrectly pulled the plug on a wage and hour class action by laundromat workers just a week before a scheduled trial after determining on her own accord they had abandoned their federal claims without giving them a chance to weigh in, the Second Circuit ruled Wednesday.
A Manhattan federal jury on Wednesday convicted biotech executive Patrick Muraca on charges of defrauding investors and lying to the FBI, rejecting his argument that he had merely been a sloppy accountant.
Manhattan federal prosecutors on Wednesday indicted U.S. Rep. Christopher Collins on insider trading charges, accusing the New York Republican and others of using insider information gleaned from his position on the board of an Australian biotechnology firm to avoid nearly $768,000 in losses.
A former ConvergEx Group LLC executive who questioned corporate defense attorneys’ role in the government's criminal investigation into his trading practices pled guilty to one count of conspiracy on Tuesday under an arrangement that puts a no-jail sentence on the table.
A Nike investigation has led to the arrest of five individuals who prosecutors say are responsible for hawking more than 380,000 pairs of fake Air Jordan sneakers worth an estimated $73 million, according to a complaint filed in a New York federal court.
The owner of a video used in a 2016 telecast about the shocking and bizarrely ironic death of former New Orleans Saints defensive end Will Smith sued "Inside Edition" on Monday in New York federal court for using the footage without permission.
Cadwalader Wickersham & Taft LLP can’t call experts in a legal malpractice trial brought by Washington Redskins owner Dan Snyder, after a New York judge found that none of the determinations a jury would have to make require specialized knowledge.
U.S. Bank NA urged a New York federal court on Monday to stand behind a magistrate judge’s order that barred Royal Park Investments SA/NV from pursuing sampling discovery in its residential mortgage-backed securities suit against the bank, calling the decision “eminently reasonable.”
Sidley Austin LLP has snagged the former co-head of McDermott Will & Emery LLP’s blockchain and fintech group to lead its New York team for the growing technology sectors, representing digital asset trading platforms, blockchain technology companies, financial services firms, cryptocurrency funds and other clients.
A former federal prosecutor in Manhattan who made insider trading cases against pro gambler Billy Walters and others as part of the office's securities fraud unit is joining Simpson Thacher & Bartlett LLP as a partner next month, the firm said on Tuesday.
A New York federal judge on Tuesday partly dismissed a suit by the founders of XpresSpa accusing the company’s board and Form Holdings Corp. executives of misleading them into approving Form Holdings' acquisition of the airport spa business, tossing most of the case but letting stand two Exchange Act claims.
A real estate developer-turned-government-cooperator told a Manhattan jury Tuesday that he carried a $60,000 cash bribe to former union president Norman Seabrook on behalf of hedge fund owner Murray Huberfeld because he thought both men were "powerful" and he wanted them each to owe him a favor.
Former New York State Assembly Speaker Sheldon Silver on Monday again sought a reprieve from prison while he appeals his second conviction on corruption charges, claiming the trial court wrongly told jurors that no quid pro quo deal needed to be proven to find the formerly powerful Empire State politician guilty of bribery.
A New York bankruptcy judge on Tuesday pressured an attorney for solar panel installer Level Solar Inc. to address delays in moving the company toward a restructuring plan amid calls to liquidate the estate while ordering a holdback of nearly half of his request for legal fees.
Mack Real Estate Credit Strategies has reportedly loaned $125 million for a Brooklyn residential and retail project, Midtown Capital is said to have bought a Florida office property for $14.75 million, and Riviera Resort Club Developers is said to have sold a shuttered Florida hotel for $17.27 million.
FIFA on Monday asked a New York federal judge to hold a pair of South American soccer presidents responsible for some of more than $28.1 million in legal fees the organization claimed to have racked up during the investigation and trial that ended in their racketeering convictions last year.
A split Federal Energy Regulatory Commission on Monday found that New York state environmental regulators waived their authority to deny a Clean Water Act permit for a $455 million natural gas pipeline project by blowing a one-year deadline.
Popular culture paints the Hill as a place teeming with intrigue, corruption and malicious intent. But in Congress I learned important lessons about respecting people and the work they do, says former Sen. Norm Coleman, R-Minn., of Hogan Lovells.
Since the Defend Trade Secrets Act became law two years ago, there have been more than 800 related cases filed in federal district courts. Consultants at Charles River Associates provide a brief update on DTSA lawsuits and discuss two recent appellate decisions relating to damages that trade secrets litigators need to be aware of.
I found that senior members of Congress didn’t have time to mentor younger members. Lawyers — though just as busy as members of Congress — cannot afford to follow this model, says former Rep. Charles Gonzalez, D-Texas, of Ogletree Deakins Nash Smoak & Stewart PC.
2018 has proven to be a turning point for energy storage in the U.S. Affordable, reliable batteries, ambitious state capacity goals and a major policy shift from the Federal Energy Regulatory Commission have created an ideal environment for energy storage to grow at a fast rate, say Paul Kraske and Zahir Rahman of Skadden Arps Slate Meagher & Flom LLP.
Legal industry compensation practices are once again in the news as BigLaw firms continue to match the new high watermark of $190,000 for first-year associate salaries. The typical model of increasing associate salaries uniformly fails star associates, the firms they work for and, ultimately, the clients they serve, says William Brewer, managing partner of Brewer Attorneys & Counselors.
To meet the ambitious energy and environmental goals of New York’s Reforming the Energy Vision program, the state is putting in place policies to increase the use of energy storage — sending out a strong signal to the growing energy storage industry to invest in New York, says Danielle Mettler-LaFeir of Barclay Damon LLP.
It has been widely reported that lawyers representing Colin Kaepernick in collective bargaining arbitration proceedings with the NFL may ask the arbitrator to compel President Donald Trump to appear for deposition. The case presents interesting issues about the power of an arbitrator to compel testimony of a nonparty, say attorneys with White and Williams LLP.
While some may say it’s ironic, it’s also embarrassing and enraging that the very industry that offers anti-harassment training, policies and counsel now finds itself the subject of #MeToo headlines. The American Bar Association recommendation that will bring about the greatest change is the call to provide alternative methods for reporting violations, says Beth Schroeder, chair of Raines Feldman LLP's labor and employment group.
In consumer class action settlements, cash provides the class and the court evaluating a proposed settlement with a quantitatively measurable benefit. Noncash settlements require heightened scrutiny by the court, since they are generally worth less to consumers than cash, and may benefit defendants and class counsel more than class members, says retired judge Thomas Dickerson.
In a profession notoriously averse to change, it should come as no surprise that there is skepticism about the value of having attorneys perform nonbillable tasks. But U.S. law firms have slowly begun to incorporate knowledge lawyers into their operations — and the trend is likely to continue, says Vanessa Pinto Villa of Hogan Lovells.