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New York
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December 10, 2023
Trump Cancels Plan To Testify In NY Fraud Trial Defense
Donald Trump abruptly canceled his plans to testify in his defense on Monday in the New York attorney general's civil fraud case, announcing the decision in a series of social media posts on the eve of his expected return to the Manhattan courtroom.
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December 08, 2023
Circuit-By-Circuit Guide To 2023's Most Memorable Moments
A former BigLaw partner in his 30s made history by joining a preeminent circuit court, a former BigLaw partner in his 50s made waves by leaving the largest circuit, and a former chemist in her 90s made enemies by resisting a probe on the most specialized circuit. That's a small sample of the intrigue that flourished in 2023 throughout the federal appellate system, where diversity bloomed and controversy abounded.
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December 08, 2023
Wrong Remedy Sought By Carrier In Sandy Suit, Insurer Says
A subcontractor's insurer fought carrier Affiliated FM's efforts Friday to escape the insurer's lawsuit seeking to avoid covering a contractor in an underlying suit Affiliated brought to recover $4.5 million it paid a landlord for Superstorm Sandy damages, saying the carrier is pursuing an improper legal remedy.
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December 08, 2023
Procter & Gamble Sold Metamucil Containing Lead, Suit Says
The Procter & Gamble Co. has been hit with a proposed class action in New York federal court alleging it falsely claims its Metamucil fiber supplement is healthy when it contains dangerous amounts of lead and added sugar.
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December 08, 2023
Estee Lauder Inflated Growth Potential, Investor Suit Says
Cosmetics company Estee Lauder and two of its executives face an investor's proposed class action alleging the company announced unrealistic expectations for growth amid ongoing impact to its business from the COVID-19 pandemic.
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December 08, 2023
Yale Workers Ask 2nd Circ. To Order New Trial In ERISA Suit
Yale University employees urged the Second Circuit to find that a new trial is needed in their lawsuit accusing the school of mismanaging their $5.5 billion retirement plan, saying faulty jury instructions placed the bar too high and resulted in no monetary damages for the class.
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December 08, 2023
Solicitor General Urges Justices To Ax Social Media Laws
U.S. Solicitor General Elizabeth B. Prelogar has called on the U.S. Supreme Court to strike down laws in Texas and Florida that bar social media platforms from banning users or removing content, saying the content moderation provisions violate the First Amendment.
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December 08, 2023
Boies Schiller Names Matthew Schwartz As New Chair
Partners at Boies Schiller Flexner LLP on Friday voted to appoint Matthew L. Schwartz as the firm's next chair, succeeding co-founder David Boies, who will step down from the position next year.
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December 08, 2023
NFL Fan Says He Was Accosted Over QB's Touchdown Ball
A football fan has sued the NFL and New Jersey State Police over claims he was handed a football that Philadelphia Eagles quarterback Jalen Hurts used to score a touchdown against the New York Giants and subsequently was battered by stadium security and police officers after he refused to give it back.
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December 08, 2023
McKinsey Rival Wants Out Of Exec's Defamation Countersuit
Turnaround consultant AlixPartners has asked a New York federal judge to dismiss defamation counterclaims against it in its founder's long-running suit accusing McKinsey & Co. of intentionally failing to disclose disqualifying conflicts of interest in big bankruptcy cases.
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December 08, 2023
Madoff Trustee Seeks $45M NY Bankruptcy Court Distribution
The trustee for the Bernie Madoff fund asked a New York bankruptcy court Friday to distribute roughly $45 million to hundreds of investors who were victims of the notorious Ponzi scheme more than a decade ago.
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December 08, 2023
EPA Awards $7M For Remediation Job Training Programs
The U.S. Environmental Protection Agency is steering some $7 million in grants to more than a dozen entities around the country for workforce development programs that will recruit, train and place workers to boost economic opportunities and help remediate and revitalize contaminated brownfield sites.
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December 08, 2023
JPML Moves Actions On Ineffective Decongestants To NY
The U.S. Judicial Panel on Multidistrict Litigation has consolidated 10 suits accusing companies of making and selling over-the-counter cough and cold medicine that doesn't do anything, sending them to the Eastern District of New York and signaling that many more could follow.
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December 08, 2023
Tristan Gets Ch. 15 Recognition In Bid To Collect Kazakh Debt
A New York bankruptcy court said Friday that it would grant Chapter 15 recognition to a debt restructuring underway in the British Virgin Islands by Tristan Oil Ltd., as part of the company's attempts to collect on a $555 million arbitration award from Kazakhstan's government.
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December 08, 2023
Judge Denies Lenders Control Of NYC Margaritaville For Now
A New York bankruptcy judge on Friday denied lenders an emergency motion to take over management of the Times Square Margaritaville resort, saying there was no evidence of an urgent need to swap control and that the lenders appeared to be wrong on the law.
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December 08, 2023
NY Regulators OK Medical Pot Cos.' Pivot To Recreational
New York cannabis regulators, in compliance with the terms of a recent legal settlement, approved a resolution Friday to let some medical marijuana businesses begin operating in the nascent adult-use cannabis market.
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December 08, 2023
Nikola Investors Fight Call For Del. SPAC Fraud Suit Toss
Five attorney teams pressed Friday for dismissal of most of the derivative claims in a Delaware Court of Chancery stockholder lawsuit seeking damages from Nikola Corp., its directors, officers and an adviser in the wake of the hydrogen- and battery-powered truck manufacturer's fraud-tainted, $3.3 billion take-public deal.
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December 08, 2023
Trump Denies Woodward Chats Were All Tied To Official Role
Former President Donald Trump is arguing that some of his conversations with renowned journalist Bob Woodward did not take place in his official capacity as a public official, the latest move in his $50 million copyright case asserting he's owed co-authorship of Woodward's bestselling audiobook of Trump interviews.
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December 08, 2023
Shady Gov't Contractor Gets 10 Years For 'Life Of Crime'
A Manhattan federal judge sentenced construction company owner Sina Moayedi to 10 years in prison Friday for a 25-year course of fraud and bribery that left $125 million worth of government contracts for overseas projects plagued by faulty work, remarking he lived "a life of crime."
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December 08, 2023
Judge Grants SEC Receiver For GPB Capital Amid CEO Case
A New York federal judge has adopted a magistrate judge's recommendation to appoint a receiver for GPB Capital Holdings amid a criminal case against its former CEO, agreeing with the U.S. Securities and Exchange Commission that the executive breached a court order by trying to reassert control over the company.
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December 08, 2023
2nd Circ. Won't Revive Pace University COVID Response Suit
A panel of the Second Circuit backed a Manhattan district court's decision Friday to toss a lawsuit that was brought against Pace University because its COVID-19 shutdown forced students to take virtual classes and miss out on in-person activities.
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December 08, 2023
Us Weekly Publisher Bias Suit Goes Out With Whimper
A New York federal judge tossed out a suit Friday that alleged the publisher behind Us Weekly subjected a former commerce writer to sexist treatment and fired her for raising complaints that her attention-deficit/hyperactivity disorder wasn't being accommodated, agreeing with a magistrate judge's finding that she abandoned her suit.
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December 08, 2023
Ex-JPM Traders' Appeal Can't Stop Spoofing Suit, CFTC Says
The Commodity Futures Trading Commission urged an Illinois federal judge this week to lift a stay on its lawsuit accusing two convicted former JPMorgan Chase precious metals traders of manipulating commodities markets, saying the agency's civil case should move forward now that the pair has been convicted in parallel criminal proceedings, regardless of the traders' plans to appeal.
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December 08, 2023
Ex-Lumentum Exec Gets 2 Years, Stiff Fine In Insider Case
A Manhattan federal judge sentenced a former Lumentum Holdings Inc. executive Friday to two years in prison and slapped him with a $975,000 fine for feeding friends information about the company's merger plans to generate $5.2 million of insider-trading profit.
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December 08, 2023
FTC Wants More Info On Chevron's $53B Hess Deal
The Federal Trade Commission has deepened its probe of a second megadeal in the oil and gas industry, asking for more information about Chevron's planned $53 billion purchase of Hess Corp., the companies said Friday.
Expert Analysis
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Insurance Considerations For Cos. Assessing New AI Risks
Because no two businesses will have the same artificial intelligence risk profile, they should consider four broad risk categories as a baseline for taking a proactive approach to guarding against AI-related exposures, say attorneys at Hunton.
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Series
Performing Music Makes Me A Better Lawyer
The discipline of performing live music has directly and positively influenced my effectiveness as a litigator — serving as a reminder that practice, intuition and team building are all important elements of a successful law practice, says Jeff Wakolbinger at Bryan Cave.
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Breaking Down High Court's New Code Of Conduct
The U.S. Supreme Court recently adopted its first-ever code of conduct, and counsel will need to work closely with clients in navigating its provisions, from gift-giving to recusal bids, say Phillip Gordon and Mateo Forero at Holtzman Vogel.
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Trump NY Fraud Trial Shows Civil, Criminal Case Differences
Former President Donald Trump’s civil fraud trial currently unfolding in New York provides a reminder that civil bench trials can be just as damaging, if not more so, than criminal prosecutions, due to several key elements of civil litigation procedure, says retired attorney David Moskowitz.
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7 Critical Copyright And AI Questions Courts Need To Address
U.S. courts have yet to rule on many copyright issues regarding generative artificial intelligence technologies, so developers and users should consider several questions when evaluating risks, developing risk mitigation plans and making decisions about particular use cases, say John Delaney and Sean West at Perkins Coie.
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How Purdue High Court Case Will Shape Ch. 11 Mass Injury
The U.S. Supreme Court's recent arguments in Harrington v. Purdue Pharma, addressing the authority of bankruptcy courts to approve nonconsensual third-party releases in Chapter 11 settlement plans, highlight the case's wide-ranging implications for how mass injury cases get resolved in bankruptcy proceedings, says George Singer at Holland & Hart.
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Opinion
Legal Profession Gender Parity Requires Equal Parental Leave
To truly foster equity in the legal profession and to promote attorney retention, workplaces need to better support all parents, regardless of gender — starting by offering equal and robust parental leave to both birthing and non-birthing parents, says Ali Spindler at Irwin Fritchie.
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1 Year In, Money Laundering Law Tweak May Have Big Impact
Despite receiving little attention, Congress' quiet extension of the statute of limitations for money laundering offenses involving foreign bribery offenses is a powerful prosecutorial tool that defense counsel can nevertheless counter by using certain pretrial challenges, says attorney Andrew Feldman.
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Why NYC Building Owners Shouldn't Ignore Emissions Rule
New rules from the New York City Department of Buildings clarify the previously vague good faith efforts that building owners may make to mitigate penalties for not complying with a major carbon emission law that takes effect in January, and should discourage owners from simply paying the fines instead of decarbonizing, says William McCracken at Moritt Hock.
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2nd Circ. Defamation Ruling May Chill NY Title IX Reports
The Second Circuit’s recent decision, holding accusers in Connecticut Title IX sexual misconduct cases are not immune to defamation claims, means that New York higher education institutions should reassess whether their disciplinary hearing procedures both protect due process and encourage victim and witness participation, says Nicole Donatich at Cullen and Dykman.
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Series
Writing Thriller Novels Makes Me A Better Lawyer
Authoring several thriller novels has enriched my work by providing a fresh perspective on my privacy practice, expanding my knowledge, and keeping me alert to the next wave of issues in an increasingly complex space — a reminder to all lawyers that extracurricular activities can help sharpen professional instincts, says Reece Hirsch at Morgan Lewis.
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What Lawyers Must Know About Calif. State Bar's AI Guidance
Initial recommendations from the State Bar of California regarding use of generative artificial intelligence by lawyers have the potential to become a useful set of guidelines in the industry, covering confidentiality, supervision and training, communications, discrimination and more, say attorneys at Debevoise.
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Industry Must Elevate Native American Women Attys' Stories
The American Bar Association's recent research study into Native American women attorneys' experiences in the legal industry reveals the glacial pace of progress, and should inform efforts to amplify Native voices in the field, says Mary Smith, president of the ABA.
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3 AI Regulation Developments Insurers Must Follow
Insurance regulators continue to actively develop regulations and guidance on the use of artificial intelligence, so insurers should be aware of recent developments from the Colorado Division of Insurance, the National Association of Insurance Commissioners and the New York Department of Financial Services, say attorneys at Willkie.
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New York Cybersecurity Amendments Raise Regulatory Bar
Financial service providers both in and outside New York should study recent changes to the state financial regulator's cybersecurity requirements, which add governance controls, technical safeguards and incident response protocols to improve what is already becoming the national benchmark for robust cybersecurity compliance programs, say attorneys at Baker McKenzie.