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June 09, 2025
Warner Bros To Split Up Streaming, Networks Businesses
Television and film giant Warner Bros. Discovery, advised by Kirkland & Ellis LLP, on Monday unveiled plans to split into two separately traded public companies, allowing its Streaming & Studios and Global Networks companies to take advantage of their specific strengths and financial profiles.
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June 09, 2025
Gov't Seeks $706M Penalty In FCA Case Against Omnicare, CVS
The government asked a New York federal judge to impose a collective $706 million in civil penalties on Omnicare Inc. and its parent, CVS Health Corp., after a jury found that they submitted millions of false billing claims for healthcare programs.
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June 09, 2025
Ex-Pot Co. Members, Founder Settle Cash Distribution Suit
A Connecticut state judge has dismissed a suit by the founding member of Theraplant LLC alleging its former managing members failed to pay out cash distributions.
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June 09, 2025
NY Tribe Can Revive Lawsuit Against State In Lottery Row
A New York federal judge has allowed the Cayuga Nation to refile its tribal gambling lawsuit against State Gaming Commission officials after the tribe settled its dispute with state-licensed mobile lottery game provider Jackpocket Inc.
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June 09, 2025
2nd Circ. Nixes Doc's Power Of Atty Deal In Patient ERISA Suit
The Second Circuit ruled Monday that a doctor couldn't use a power-of-attorney arrangement to sue on behalf of a patient who said their union's health plan illegally stuck them with a $150,000 medical bill, but directed a trial court to determine if the patient can pursue the case.
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June 09, 2025
OneTaste Leaders Convicted Of Forced Labor Conspiracy
A federal jury in Brooklyn on Monday convicted the co-founder of sexual wellness company OneTaste and her former deputy of forced labor charges in a case alleging they used psychological and sexual abuse to coerce workers into providing labor and services.
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June 09, 2025
Mayer Brown Adds Banking Finance Partner In NY
A former Cadwalader Wickersham & Taft LLP counsel has moved to Mayer Brown LLP’s New York office as a banking and finance and collateralized loan obligations partner.
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June 09, 2025
McGuireWoods Adds Ex-Katten Executive Comp Partner In NY
McGuireWoods LLP has hired a former Katten Muchin Rosenman LLP executive compensation and employee benefits partner for its New York office, the firm said Monday.
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June 09, 2025
International Trial Lawyer Joins Barton From Carlton Fields
Midsize New York-based firm Barton LLP announced on Friday that it has hired a Carlton Fields PA attorney, whose litigation experience includes leading a crimes against humanity case against a former head of state and establishing a new standard for franchisor tort immunity in the Florida Supreme Court, among other high-profile victories.
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June 09, 2025
Feds Can Sell Russian Oligarch's Seized $230M Superyacht
A New York federal judge has determined the government can proceed with an auction of a superyacht that once belonged to a sanctioned Russian billionaire, rejecting an argument that a potential sale would undercut the vessel's full value.
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June 09, 2025
Tariffs Tip Fashion Retailer Oak And Fort Into Ch. 15
Canadian clothing retailer Oak and Fort Corp. and several affiliates have filed for Chapter 15 protection in New York bankruptcy court with almost $20 million in debt, saying U.S. tariffs on China have cut into profits and caused its lenders to pull back on financing.
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June 09, 2025
Legal Industry Boosts Cuomo's Bid For NYC Mayor With $1.6M
The legal industry has spent at least $1.57 million to support Andrew Cuomo’s candidacy for New York City mayor, with attorneys shelling out thousands to his campaign and an independent committee bolstering his bid.
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June 09, 2025
Consultant Says Pot Co. Stiffed It On $400K In Fees
A consulting firm is suing cannabis company 4Front Ventures Corp. in New York federal court, saying 4Front owes it $400,000 in fees after it breached their consulting contract.
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June 09, 2025
Nadine Menendez Says Counsel Shake-Up Erases Conviction
Former Sen. Robert Menendez's wife, Nadine Menendez, has asked a Manhattan federal judge to vacate the jury's guilty verdict in her bribery case, arguing that her Sixth Amendment rights were violated when she was denied her choice of legal representation.
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June 09, 2025
Paul Hastings Adds A&O Shearman Private Equity Duo
Paul Hastings LLP announced the addition of a private equity duo from A&O Shearman to bolster the firm's practice and offerings in the upper-middle market and beyond.
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June 06, 2025
Masimo Fights Ex-CEO's Bid To Ax Suit Over $450M Demand
Masimo Corp. fought back against founder Joe Kiani's motion to dismiss the company's Delaware Chancery Court suit seeking a declaration that he's not due a $450 million payout after his ouster as CEO, arguing that bid is an "improper attempt to evade" the Delaware court's jurisdiction.
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June 06, 2025
Real Estate Recap: Hotels, Healthcare REITs, Secondaries
Catch up on this past week's key developments by state from Law360 Real Estate Authority — including where the hotel sector stands at the midyear, which states are trying to curb healthcare investment models and what is fueling the surge in the real estate secondaries market.
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June 06, 2025
GM Says Texas Data Privacy Lawsuit Flouts Ch. 11 Sale Order
General Motors asked a New York bankruptcy court to enforce a 2009 Chapter 11 sale order, saying a recently amended consumer data privacy complaint from the Texas attorney general effectively includes successor liability claims it didn't inherit.
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June 06, 2025
Fed. Circ. Weighs Purview Over Acorda's $17M Arbitral Award
A Federal Circuit panel on Friday wrestled with its authority to consider arbitration appeals dealing with patent law, with at least one judge appearing skeptical that it could consider Acorda Therapeutics Inc.'s bid to increase a $16.6 million award in a fight with Alkermes PLC over a multiple sclerosis drug.
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June 06, 2025
Willkie Atty's Ex-Landlord Says NY Post Leak Wasn't His Idea
A Willkie Farr & Gallagher LLP partner's onetime landlord asked for a pretrial victory in a federal feud with his former tenants, telling a Connecticut court Friday he did not participate in his ex-attorney's leak of unflattering allegations about A. Mark Getachew and his wife to the New York Post.
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June 06, 2025
CVS Health Can't Dodge Blame In Omnicare False Claims Suit
A New York federal judge rebuffed an attempt from CVS Health Corp. to evade responsibility in a False Claims Act case, after a jury found that its subsidiary Omnicare bilked the federal government out of over $135 million in fraudulent drug claims.
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June 06, 2025
NY AG Shuts Down 26 Online Sweepstakes Casinos
New York Attorney General Letitia James announced Friday that her office has shuttered the in-state operations of 26 online sweepstakes casinos, saying they are prohibited by state law because they involve risking something of value.
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June 06, 2025
NY Tribe Urges Supreme Court To Overturn Eel Fishing Ruling
A Long Island tribe is asking the U.S. Supreme Court to undo a Second Circuit ruling that rejected its challenge to New York's regulations on eel fishing harvests, arguing that if the decision is held, it would set a precedent allowing district courts to give up their gatekeeping roles on expert testimony.
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June 06, 2025
Colgate Strikes Deal To End Lengthy Battle Over Pension Pay
Colgate-Palmolive Co. has agreed to settle a long-running class action from pensioners who claimed the company underpaid them $300 million in miscalculated retirement benefits, after the Second Circuit twice knocked down bids from the company to overturn judgments in the workers' favor.
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June 06, 2025
New York Says It Won't Rescind Native American Mascot Ban
The New York State Education Department said it won't rescind a ban on the use of Indigenous mascots and names in public schools despite a threat from the Trump administration to pull its federal funding, telling the U.S. Department of Education instead that it's willing to broaden the regulation's reach.
Expert Analysis
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Predicting Where State AGs Will Direct Their Attention In 2025
In 2025, we expect state attorneys general will navigate a new presidential administration while continuing to further regulate and police financial services, artificial intelligence, junk fees and antitrust, say attorneys at Troutman Pepper.
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For Accounting Integrity, Start With The Rank-And-File
Macy's acknowledgment of an employee's accounting mistake underscores a valuable lesson for company leaders in fostering compliance with the Sarbanes-Oxley Act by cultivating a culture committed to strong accounting integrity and robust oversight, say Keerthika Subramanian and Jon Mantis at Winston & Strawn.
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Rethinking Litigation Risk And What It Really Means To Win
Attorneys have a tendency to overestimate litigation risk before summary judgment and underestimate risk after it, but an eight-stage litigation framework can clarify risk at different points and help litigators reassess what true success looks like in any particular case, says Joshua Libling at Arcadia Finance.
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Lessons From Two New Year's Eve Uptier Exchange Decisions
On the last day of 2024, two different courts issued important decisions relating to non-pro rata uptier exchanges — and while they differ, both rulings highlight that transactions effected in reliance on undefined terms in debt agreements come with increased risk, say attorneys at Simpson Thacher.
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Public Corruption Enforcement In 2024 Has Clues For 2025
If 2024 activity is any indication, the U.S. Supreme Court will likely continue to rein in expansive prosecutorial theories of fraud in the year to come, but it’s harder to predict what the new administration will mean for public corruption prosecutions in 2025, says Cathy Fleming at Offit Kurman.
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Issues To Watch In 2025's ERISA Litigation Landscape
Whether 2024’s uptick in new Employee Retirement Income Security Act cases will continue this year will likely depend on federal courts’ resolution of several issues, including those related to excessive fees, defined contribution plan forfeitures, and pleading standards for ERISA-prohibited transaction claims, say attorneys at Groom Law.
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Roundup
Banking Brief: State Law Recaps From Each Quarter Of 2024
In this Expert Analysis series, throughout 2024 attorneys provided quarterly recaps discussing the biggest developments in banking regulation, litigation and policymaking in various states, including New York, California and Illinois.
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New York Climate Superfund Law May Face Preemption Fight
New York state's new climate superfund law highlights a growing trend of states supplementing their climate litigation efforts with legislative initiatives — but it will likely encounter the same federal preemption questions raised about state and local lawsuits seeking redress for climate harms, say attorneys at ArentFox Schiff.
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Justices Could Stitch Up ERISA Circuit Split With Cornell Case
In Cunningham v. Cornell, scheduled for oral arguments next week, the U.S. Supreme Court has the opportunity to provide uniform pleading standards for Section 1106(a) of the Employee Retirement Income Security Act, the lack of which has vexed circuit courts and benefits counsel for years, says Scott Tippett at Offit Kurman.
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Series
Playing Rugby Makes Me A Better Lawyer
My experience playing rugby, including a near-fatal accident, has influenced my legal practice on a professional, organizational and personal level by showing me the importance of maintaining empathy, fostering team empowerment and embracing the art of preparation, says James Gillenwater at Greenberg Traurig.
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Looking Back At 2024's Noteworthy State AG Litigation
State attorneys general across the U.S. took bold steps in 2024 to address unlawful activities by corporations in several areas, including privacy and data security, financial transparency, children's internet safety, and other overall consumer protection claims, say attorneys at Troutman Pepper.
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Opinion
No, Litigation Funders Are Not 'Fleeing' The District Of Del.
A recent study claimed that litigation funders have “fled” Delaware federal court due to a standing order requiring disclosure of third-party financing, but responsible funders have no problem litigating in this jurisdiction, and many other factors could explain the decline in filings, say Will Freeman and Sarah Tsou at Omni Bridgeway.
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Top 10 Noncompete Developments Of 2024
Following an eventful year in noncompete law at both state and federal levels, employers can no longer rely on a court's willingness to blue-pencil overbroad agreements and are proceeding at their own peril if they do not thoughtfully review and carefully enforce such agreements, say attorneys at Faegre Drinker.
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5 Advertising Law Trends To Watch In 2025
Although advertisers are encouraged by the incoming Trump administration's focus on deregulation, this year could feel like wading through uncharted waters, and decreased federal government regulation may mean increased state regulation, say attorneys at Reed Smith.
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5 E-Discovery Predictions For 2025 And Beyond
In the year to come, e-discovery will be shaped by new and emerging trends, from the adoption of artificial intelligence provisions in protective orders, to the proliferation of emojis as a source of evidence in contemporary litigation, say attorneys at Littler.