New York

  • December 08, 2025

    SEC Eases Decades-Old Wall Street Analyst Restrictions

    The U.S. Securities and Exchange Commission has agreed to lift some restrictions imposed on large financial institutions over two decades ago in a crackdown on alleged conflicts of interests involving investment banks and their research analysts, agreeing with the banks that modification of the settlements was proper due to a 2015 rule that addressed the same problem. 

  • December 08, 2025

    SEC Says Hedge Fund Manager's Driver Ran $1M Fraud

    A former administrative assistant at a New York hedge fund has agreed to settle U.S. Securities and Exchange Commission allegations that he caused three investors to lose $1 million after falsely holding himself out as a financial professional at the firm, when in fact he was just a personal driver to the firm's founder.

  • December 08, 2025

    Spirit Airlines Can Transfer 2 Chicago Gates For $30M

    A New York bankruptcy judge on Monday said he will approve a move by Spirit Airlines to transfer two of its four preferential gate assignments at Chicago's O'Hare International Airport to American Airlines for $30 million.

  • December 08, 2025

    Ex-Josh Cellars President Fights Gibson Dunn Withdrawal Bid

    The former president of the company behind the Josh Cellars wine brand disputed Gibson Dunn & Crutcher LLP's version of events around his allegedly unpaid legal bills, saying he has questions about the reasonableness of the firm's charges, which must be arbitrated per his contract with the firm.

  • December 08, 2025

    EPA Asks Judge To Let Solar Energy Funding Cuts Stand

    The U.S. Environmental Protection Agency told a Washington federal district court that its decision to freeze funding for a low-income solar energy program should stand while states pursue a lawsuit to free up the money.

  • December 08, 2025

    Bernstein Litowitz Corp. Founder Returns To 'Stabilize' Group

    Bernstein Litowitz Berger & Grossmann LLP announced Monday that it has welcomed back a prominent shareholder lawyer to co-lead its corporate governance practice following the controversial departure of the group's former leader to launch a boutique firm.

  • December 08, 2025

    NY Hotel Ordered To Pay $4.1M In Union Benefits Dispute

    A Manhattan hotel operator must hand over $4.1 million to a hotel and hospital workers union, a New York federal judge ruled, finding that the operator has failed to respond to accusations that it owes money to multiple health benefit funds.

  • December 08, 2025

    'Red Flags' Give 2nd Circ. Pause In NBA Health Fraud Appeal

    A Second Circuit panel appeared skeptical Monday of arguments by two former NBA players convicted of defrauding a league healthcare plan that they were tricked into participating by the scheme's leader, saying the trial evidence included "red flags."

  • December 08, 2025

    Paul Weiss Guides IBM On $11B Buy Of Cooley-Led Confluent

    Tech company IBM, advised by Paul Weiss Rifkind Wharton & Garrison LLP, on Monday unveiled plans to acquire data streaming company Confluent, led by Cooley LLP, in an $11 billion deal.

  • December 08, 2025

    RealPage Asks To Block NY Rental Pricing Software Law

    Property management software company RealPage is asking for a preliminary injunction to block enforcement of a New York law that prohibits building owners from using software to set residential rental rates while its case challenging the statute plays out.

  • December 08, 2025

    $32M Malpractice Suit Was Filed Too Late, Judge Says

    A federal magistrate judge recommended tossing a lawsuit accusing Zeichner Ellman & Krause LLP and one of its partners of aiding a scheme to divert tens of millions of dollars from the Orly Genger 1993 Trust, finding on Friday that every claim lodged by the trust's assignee is barred by the statute of limitations.

  • December 09, 2025

    CORRECTED: Duane Reade, NYC To Pay $7.2M To NYPD Cops In Wage Suit

    Duane Reade and New York City will pay $7.2 million to more than 2,000 New York Police Department officers who claimed in New York federal court that the drug store chain didn't properly compensate them for work performed during off-duty hours. 

  • December 08, 2025

    High Court Wants Feds' Input On Health Workers' Vax Fight

    The U.S. Supreme Court asked Monday for the federal government's input on a group of religious workers' challenge to a pandemic-era New York state policy requiring healthcare providers to make their employees be vaccinated against COVID-19.

  • December 05, 2025

    Real Estate Recap: Energy-Dependent Deals

    Catch up on this past week's key developments by state from Law360 Real Estate Authority — including how energy scarcity is affecting data center deals.

  • December 05, 2025

    Feds Wrap Up FARA Case Against Ex-NY Gov. Aide Linda Sun

    Brooklyn federal prosecutors on Friday rested their case against a former top aide to New York Gov. Kathy Hochul and former Gov. Andrew Cuomo, after about three weeks of trial over alleged violations of the Foreign Agents Registration Act and other charges.

  • December 05, 2025

    Fla. Judge OKs Release Of Epstein Grand Jury Transcripts

    A Florida federal judge on Friday ordered the release of grand jury transcripts from an investigation of late sex offender Jeffrey Epstein, citing a newly enacted law that the government said overrides a prohibition on disclosing the documents to the public.

  • December 05, 2025

    2nd Circ. Upholds Toss Of Barclays Investor Case

    The Second Circuit on Friday affirmed the dismissal of a proposed securities class action accusing Barclays PLC of misleading investors about its internal controls before the bank accidentally oversold billions of dollars' worth of exchange-traded notes, finding the complaint did not allege that the bank's executives acted with fraudulent intent.

  • December 05, 2025

    Virtual Asset Fund Sues Game Dev Over Delays, NFT Fraud

    An investment fund specializing in virtual "real estate" has accused a game developer of violating securities laws and breaching an agreement by failing to timely deliver an unregistered NFT associated with its unreleased game.

  • December 05, 2025

    Factory Mutual Sued For $14M In Lost Power Plant Revenue

    A power plant owner hit Factory Mutual Insurance Co. with a suit in New York federal court alleging the insurer wrongly withheld at least $14 million in coverage for lost revenue following an outage.

  • December 05, 2025

    9th Circ. Won't Unfreeze Trump Cuts To Student Mental Health

    The Ninth Circuit rejected the Trump administration's effort to undo a lower court's pause on federal funding reductions to K-12 mental health services, siding with a coalition of 16 states seeking to preserve programs established in the wake of high-profile school shootings.

  • December 05, 2025

    For NY Inmate, Jamaica's Violence Waits Outside Prison Walls

    Jamaican-born Eric Tolliver is nearing the end of his 33-year prison sentence in New York, but what waits for him on the other side might be worse: deportation to his home country, where many want him dead.

  • December 05, 2025

    How A Little-Known Law Protects Families In ICE Crackdown

    As noncitizen families face a heightened threat of detention and deportation, a legal process originally crafted during the AIDS crisis to keep children in the care of trusted adults during an abrupt separation has taken on new urgency.

  • December 05, 2025

    Feds Seek 12 Years For Founder's 'Devastating' Crypto Fraud

    Federal prosecutors say Terraform founder Do Kwon should face 12 years in prison, arguing that he "fled from the wreckage" after misleading investors ahead of a $40 billion collapse of his stablecoin crypto project.

  • December 05, 2025

    Iraqi Kurdish Gov't To Fight Immunity Ruling In $490M Feud

    The Kurdistan Regional Government of Iraq will appeal a ruling denying its sovereign immunity defense in litigation filed by a subsidiary of Kuwaiti logistics firm Agility Public Warehousing Co. to enforce a $490 million judgment against it.

  • December 05, 2025

    High Court To Weigh Courts' Power Over Arbitration Awards

    The U.S. Supreme Court agreed Dec. 5 to consider whether federal courts have the authority to confirm or overturn arbitration awards arising out of cases they previously exercised authority over, taking up a tricky legal question stemming from a laid-off security guard's discrimination case.

Expert Analysis

  • Series

    Quilting Makes Me A Better Lawyer

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    Turning intricate patterns of fabric and thread into quilts has taught me that craftsmanship, creative problem-solving and dedication to incremental progress are essential to creating something lasting that will help another person — just like in law, says Veronica McMillan at Kramon & Graham.

  • SDNY Ruling Reinforces Joint Steering Committee Obligations

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    The recent Southern District of New York decision in ChemImage v. Johnson & Johnson makes joint steering committees a valuable tool in strategic relationships, as provisions for such committees can now be wielded to demand attention to core issues, say Lisa Bernstein at the University of Chicago Law School, and Reginald Goeke and Brad Peterson at Mayer Brown.

  • Fleeing Or Just Leaving Quickly? 2nd Circ. Says It Depends

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    The Second Circuit’s recent U.S. v. Bardakova decision adopted a new approach for determining whether a defendant who commits a crime in the U.S., and then leaves and remains abroad, intends to avoid prosecution — making it more difficult to argue against the fugitive disentitlement doctrine in most cases, say attorneys at MoloLamken.

  • What 2 Profs Noticed As Transactional Law Students Used AI

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    After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School.

  • Despite SEC Reset, Private Crypto Securities Cases Continue

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    While the U.S. Securities and Exchange Commission under the Trump administration has charted a new approach to crypto regulation, the industry still lacks comprehensive rules of the road, meaning private plaintiffs continue to pursue litigation, and application of securities laws to crypto-assets will be determined by the courts, say attorneys at Skadden.

  • It Ends With Us Having No Coverage?

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    A recent suit filed by Harco National Insurance disclaiming coverage for Wayfarer and Justin Baldoni's defense against Blake Lively's claims in the "It Ends With Us" legal saga demonstrates that policyholders should be particularly cautious when negotiating prior knowledge exclusions in their claims-made policies, says Meagan Cyrus at Shumaker.

  • Rebuttal

    BigLaw Settlements Should Not Spur Ethics Deregulation

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    A recent Law360 op-ed argued that loosening law firm funding restrictions would make BigLaw firms less inclined to settle with the Trump administration, but deregulating legal financing ethics may well prove to be not merely ineffective, but counterproductive, says Laurel Kilgour at the American Economic Liberties Project.

  • Environmental Justice Is Alive And Well At The State Level

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    Even as the Trump administration has rolled back federal environmental justice policies, many states continue to prioritize it, with new regulations, strengthened enforcement of existing rules and ongoing private litigation — so companies must stay alert to how state-level EJ enforcement may affect their operations, say attorneys at Crowell & Moring.

  • Liquidity Rule Compliance Still Vital Even After SEC Dismissal

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    Despite its recent dismissal of a novel case against Pinnacle Advisors over liquidity rule violations, the U.S. Securities and Exchange Commission has continued to bring enforcement actions involving investment advisers, making compliance with the rule important for registrants, say attorneys at Simpson Thacher.

  • 5 Ways Lawyers Can Earn Back The Public's Trust

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    Amid salacious headlines about lawyers behaving badly and recent polls showing the public’s increasingly unfavorable view of attorneys, we must make meaningful changes to our culture to rebuild trust in the legal system, says Carl Taylor at Carl Taylor Law.

  • Notable Q2 Updates In Insurance Class Actions

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    Vehicle valuation challenges regarding the use of projected sale adjustments continued apace in insurance class actions this quarter, where insurers have been scoring victories on class certification decisions in federal circuit courts, says Mathew Drocton at BakerHostetler.

  • Series

    Hiking Makes Me A Better Lawyer

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    On the trail, I have thought often about the parallels between hiking and high-stakes patent litigation, and why strategizing, preparation, perseverance and joy are important skills for success in both endeavors, says Barbara Fiacco at Foley Hoag.

  • Series

    Law School's Missed Lessons: Negotiation Skills

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    I took one negotiation course in law school, but most of the techniques I rely on today I learned in practice, where I've discovered that the process is less about tricks or tactics, and more about clarity, preparation and communication, says Grant Schrantz at Haug Barron.

  • Taxpayers Face Tough Choices Under NJ's New Nexus Rules

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    Though New Jersey’s new rules expanding the commercial nexus that triggers state taxation are likely to be challenged, businesses still need to carefully consider whether it’s best to minimize potential tax by reducing online customer support services or maintain their current instate services and begin paying tax, say attorneys at Husch Blackwell.

  • Opinion

    Bar Exam Reform Must Expand Beyond A Single Updated Test

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    Recently released information about the National Conference of Bar Examiners’ new NextGen Uniform Bar Exam highlights why a single test is not ideal for measuring newly licensed lawyers’ competency, demonstrating the need for collaborative development, implementation and reform processes, says Gregory Bordelon at Suffolk University.

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