ÃÛÌÒÊÓÆµ

New York

  • June 05, 2025

    5 Firms Steer Self-Driving Truck Startup's $1.2B SPAC Merger

    Self-driving truck software maker Plus Automation Inc. plans to go public at an estimated $1.2 billion valuation by merging with special purpose acquisition company Churchill Capital IX Corp., both parties announced Thursday, in a deal guided by five law firms.

  • June 05, 2025

    How Trump's Pardons Could Sway Prosecutorial Discretion

    As President Donald Trump dismantles a growing list of white collar criminal cases with a flurry of clemency grants early in his second term, erasing years of investigative and prosecutorial work with a stroke of his black Sharpie, experts worry his actions will have a chilling effect on prosecutorial decision-making.

  • June 05, 2025

    Judge Wants Details On Harm From Trump Wind Farm Pause

    A Massachusetts federal judge Thursday asked a coalition of states and a clean-energy advocacy group for more specifics about the harm they allegedly will be caused by the Trump administration's decision to pause wind farm permitting, and said he wanted to move forward with a trial "promptly."

  • June 05, 2025

    Bernstein Litowitz Can Hire Ex-SEC Atty Over Musk Objection

    A New York federal judge on Thursday gave the all-clear for investor-side firm Bernstein Litowitz Berger & Grossmann LLP to hire the U.S. Securities and Exchange Commission's former litigation chief over the objections of Elon Musk.

  • June 05, 2025

    Hedge Fund Founder Hits Ch. 11 After $113M Judgment

    The founder of the bankrupt Weiss Multi-Strategy Advisers has himself sought Chapter 11 protection in Florida after a New York judge granted a nearly $113.5 million judgment against him in favor of his firm's largest creditor.

  • June 05, 2025

    Supreme Court Bars Hamas Victims From Reviving Bank Suit

    The U.S. Supreme Court ruled Thursday that victims of Hamas terrorist attacks cannot get a second shot at filing a lawsuit that seeks to hold a Lebanese bank liable for aiding and abetting Hamas, reasserting that final judgments can only be reopened under "extraordinary circumstances."

  • June 04, 2025

    OneTaste Jury Hears Of Illicit Labor Plot, As Trial Closes

    A Brooklyn federal prosecutor on Wednesday told jurors that OneTaste co-founder Nicole Daedone and her former top deputy used an array of manipulative tactics, including sexual and financial abuse, to keep workers for the sexual wellness company in line, as the trial nears its end.

  • June 04, 2025

    Russell Simmons Claims HBO Doc Defamed Him In $20M Suit

    Def Jam Recordings co-founder Russell Simmons filed defamation claims in New York state court Tuesday seeking $20 million against HBO and the makers behind the 2020 documentary "On the Record" for allegedly falsely reporting that he raped multiple women.

  • June 04, 2025

    1st Circ. Upholds Block On Trump's Education Dept. Job Cuts

    The First Circuit on Wednesday rejected a bid by President Donald Trump to greenlight massive job cuts at the U.S. Department of Education, finding that the administration had not provided enough evidence to overturn a block put in place by a Massachusetts federal judge.

  • June 04, 2025

    Barclays Investors Can't Redo Unregistered Securities Suit

    A New York federal judge has declined to reconsider his dismissal of a securities class action alleging Barclays misled investors about its internal controls and unregistered securities sales, which eventually triggered so-called short squeezes, finding that the plaintiffs' most recent arguments are "unavailing" for the same reasons that led to their dismissal.

  • June 04, 2025

    Navios CEO Sued Over 'Disloyal' Share Buyback Scheme

    Two investors of shipping and logistics company Navios Maritime Holdings Inc. say the company's CEO and board of directors ran a scheme to devalue preferred shares after taking the company private, supposedly concealing plans to delist the stock and buy it back at fire-sale prices.

  • June 04, 2025

    Hospitality Law Leaders Parse Trade War Fallout

    In this weekly Q&A series from Law360 Real Estate Authority, law firm hospitality leaders assess the issues the hotel space is facing amid market uncertainty and the ongoing trade war.

  • June 04, 2025

    Judge Grills Kidde-Fenwal About Missing Info In Disclosures

    A Delaware bankruptcy judge Wednesday questioned why firefighting foam maker Kidde-Fenwal did not include in plan disclosures details about the recoveries its creditors can expect under its Chapter 11 proposal, as the debtor prepares to send its reorganization plan out for a vote.

  • June 04, 2025

    OpenAI Says Data Retention Order Creating Privacy Concerns

    ChatGPT maker OpenAI has asked a Manhattan federal judge to lift an order for it to retain output log data for conversations users have had with the generative artificial intelligence model, saying ongoing preservation won't be useful in a case brought by news organizations that say their content was used to train the program.

  • June 04, 2025

    Davis Polk, Skadden Guide Circle's Upsized $1B IPO

    Venture-backed stablecoin issuer Circle Internet Group Inc. on Wednesday priced an upsized $1.05 billion initial public offering above its marketed range amid strong demand, represented by Davis Polk & Wardwell LLP and underwriters counsel Skadden Arps Slate Meagher & Flom LLP.

  • June 04, 2025

    Jack Nicklaus' Defamation Suit Can Stay In Fla., Court Says

    A Florida appeals court ruled Wednesday that golf legend Jack Nicklaus can keep his defamation lawsuit against Nicklaus Cos. LLC in the state, despite a forum selection clause between the two that designated New York as the required venue.

  • June 04, 2025

    ÃÛÌÒÊÓÆµ Resumes $4.2M Redress After Pressure From States

    California's Department of Financial Protection and Innovation said Wednesday that the Consumer Financial Protection Bureau is now making good on a $4.2 million redress plan for former students of a shuttered sales-training firm, following agency delays and subsequent pressure from various states.

  • June 04, 2025

    MoneyLion Says ÃÛÌÒÊÓÆµ Can't Duck Fed Funding Issue

    Online lending platform MoneyLion has doubled down on its bid for dismissal of a lawsuit brought by the Consumer Financial Protection Bureau, telling a New York federal judge that new reasoning from the U.S. Supreme Court confirms the agency is improperly funded and that it is not improper to file successive dismissal motions as the ÃÛÌÒÊÓÆµ has contended.

  • June 04, 2025

    NY Judge Orders Temporary Block On DOL's Job Corps Cuts

    A New York federal judge on Wednesday issued a temporary restraining order to stop the U.S. Department of Labor from eliminating Job Corps, saying the agency can't move ahead with shutting down the more than 60-year-old job training program without approval from Congress.

  • June 04, 2025

    Ex-Kirkland Project Finance Atty Joins McGuireWoods In NY

    McGuireWoods LLP has added Sharaf Islam as a partner from Kirkland & Ellis LLP to help expand the firm's project finance group with an attorney versed in digital infrastructure and renewable-energy deals.

  • June 04, 2025

    HSF Kramer Taps Bankruptcy Duo As 1st Hires Since Merger

    Herbert Smith Freehills Kramer LLP announced on Wednesday its first hires since the merger between Kramer Levin Naftalis & Frankel LLP and Herbert Smith Freehills LLP became official at the start of this month, welcoming two attorneys from New York bankruptcy boutique Togut Segal & Segal LLP.

  • June 04, 2025

    Ex-Paul Weiss Corporate Partner Joins Cooley's NY Practice

    Cooley LLP has hired a former Paul Weiss Rifkind Wharton & Garrison LLP finance partner, who told Law360 Pulse in an interview Wednesday that he followed his father and uncle's footsteps when deciding to pursue a career in law.

  • June 03, 2025

    Profs Back Shinnecock Tribe In Long Island Fishing Rights Suit

    A group of law and history professors have backed the Shinnecock Indian Nation in three tribal members' lawsuit claiming New York state and Suffolk County wrongly engaged in a pattern of criminal prosecutions against them for fishing in waters where they have aboriginal rights to fish.

  • June 03, 2025

    Empire Wind Foes Target Feds' Reversal On Stop-Work Order

    A coalition opposed to the Empire Wind project off New York and New Jersey sued the Trump administration Tuesday in New Jersey federal court, saying the administration never justified its decision to lift a stop-work order weeks after pausing construction.

  • June 03, 2025

    Fortrea Faces Investor Suit Over Post-Labcorp Financial Woes

    Clinical research company Fortrea Holdings Inc. was hit with a proposed shareholder class action alleging that it overstated the strength of its business model after being spun off from Labcorp Holdings Inc., causing investors harm as the truth about Fortrea's financial struggles emerged.

Expert Analysis

  • ÃÛÌÒÊÓÆµ's Message To States Takes On New Weight Under Trump

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    The Consumer Financial Protection Bureau's January guidance to state enforcers has fresh significance as the Trump administration moves to freeze the bureau's work, and industry should expect states to use this series of recommendations as an enforcement road map, say attorneys at Brownstein Hyatt.

  • National Bank Act Rulings Facilitate More Preemption Analysis

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    Two recent National Bank Act preemption decisions from an Illinois federal court and the Ninth Circuit provide the first applications of the U.S. Supreme Court’s May ruling in Cantero v. Bank of America, opening the potential for several circuit courts to address the issue this year, say attorneys at Moore & Van Allen.

  • Series

    Collecting Rare Books Makes Me A Better Lawyer

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    My collection of rare books includes several written or owned by prominent lawyers from early U.S. history, and immersing myself in their stories helps me feel a deeper connection to my legal practice and its purpose, says Douglas Brown at Manatt Health.

  • It Starts With Training: Anti-Harassment After 'It Ends With Us'

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    Actress Blake Lively's recent sexual harassment and retaliation allegations against her "It Ends With Us" co-star, director and producer, Justin Baldoni, should remind employers of their legal obligations to implement trainings, policies and other measures to prevent sexual harassment in the workplace, say attorneys at Morrison Cohen.

  • Opinion

    Judge Should Not Have Been Reprimanded For Alito Essay

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    Senior U.S. District Judge Michael Ponsor's New York Times essay critiquing Supreme Court Justice Samuel Alito for potential ethical violations absolutely cannot be construed as conduct prejudicial to the administration of the business of the courts, says Ashley London at the Thomas R. Kline School of Law of Duquesne University.

  • Lights, Camera, Ethics? TV Lawyers Tend To Set Bad Example

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    Though fictional movies and television shows portraying lawyers are fun to watch, Hollywood’s inaccurate depictions of legal ethics can desensitize attorneys to ethics violations and lead real-life clients to believe that good lawyers take a scorched-earth approach, says Nancy Rapoport at the University of Nevada, Las Vegas.

  • SEC Motion Response Could Reveal New Crypto Approach

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    Cumberland DRW recently filed to dismiss the U.S. Securities and Exchange Commission’s enforcement action against it for the unlawful purchase and sale of digital asset securities, and the agency's response should unveil whether, and to what extent, the Trump administration will relax the federal government’s stance on digital asset regulation, say attorneys at O'Melveny.

  • Will 4th Time Be A Charm For NY's 21st Century Antitrust Act?

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    New York's recently introduced 21st Century Antitrust Act would change the landscape of antitrust enforcement in the state and probably result in a sharp increase in claims — but first, the bill needs to gain traction after three aborted attempts, says Tyler Ross at Shinder Cantor.

  • Perspectives

    Accountant-Owned Law Firms Could Blur Ethical Lines

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    KPMG’s recent application to open a legal practice in Arizona represents the first overture by an accounting firm to take advantage of the state’s relaxed law firm ownership rules, but enforcing and supervising the practice of law by nonattorneys could prove particularly challenging, says Seth Laver at Goldberg Segalla.

  • Ch. 11 Ruling Confirms Insurer Standing Requirements

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    A New York bankruptcy court's recent decision in the Syracuse Diocese's Chapter 11 case indicates that insurers have misread the U.S. Supreme Court’s 2024 ruling in Truck Insurance Exchange v. Kaiser Gypsum and that federal standing requirements remain unaltered, say attorneys at Lowenstein Sandler.

  • Poetic Justice? Drake's 'Not Like Us' Suit May Alter Music Biz

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    Drake v. Universal Music Group, over Kendrick Lamar's diss track "Not Like Us," represents a pivotal moment in the intersection of music, law and corporate accountability, raising questions about the role of record labels in shaping artist rivalries and the limits of free speech, says Enrico Trevisani at Michelman & Robinson.

  • The Post-Macquarie Securities Fraud-By-Omission Landscape

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    While the U.S. Supreme Court's 2024 opinion in Macquarie v. Moab distinguished inactionable "pure omissions" from actionable "half-truths," the line between the two concepts in practice is still unclear, presenting challenges for lower courts parsing statements that often fall within the gray area of "misleading by omission," say attorneys at Katten.

  • AI Will Soon Transform The E-Discovery Industrial Complex

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    Todd Itami at Covington discusses how generative artificial intelligence will reshape the current e-discovery paradigm, replacing the blunt instrument of data handling with a laser scalpel of fully integrated enterprise solutions — after first making e-discovery processes technically and legally harder.

  • Managing Transatlantic Antitrust Investigations And Litigation

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    As transatlantic competition regulators cooperate more closely and European antitrust investigations increasingly spark follow-up civil suits in the U.S., companies must understand how to simultaneously juggle high-stakes multigovernment investigations and manage the risks of expensive new claims across jurisdictions, say lawyers at Paul Weiss.

  • When Innovation Overwhelms The Rule Of Law

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    In an era where technology is rapidly evolving and artificial intelligence is seemingly everywhere, it’s worth asking if the law — both substantive precedent and procedural rules — can keep up with the light speed of innovation, says Reuben Guttman at Guttman Buschner.

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