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New York
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September 11, 2024
Mastro Bows Out Of NYC Top Atty Nom After Council Hearing
Trial lawyer Randy Mastro is out of the running to serve as New York City's corporation counsel, two weeks after a contentious nomination hearing that called into question, among other things, the King & Spalding LLP attorney's ties to former mayor Rudy Giuliani.
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September 11, 2024
Fed. Prosecutor Joins NY Litigation Boutique Clarick Gueron
Commercial litigation boutique Clarick Gueron Reisbaum LLP has made a rare lateral partner hire as it announced Tuesday it had brought on board the head of the civil rights unit at the U.S. Attorney's Office for the Southern District of New York.
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September 11, 2024
Star Witness In Bankman-Fried Trial Seeks No Prison Time
Former FTX insider Caroline Ellison urged a Manhattan federal judge not to sentence her to prison for her part in the crypto exchange's massive fraud scheme, citing her remorse and the "devastating" trial testimony she gave against onetime romantic partner and company founder Sam Bankman-Fried.
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September 11, 2024
Holland & Knight Adds Gov't Contracts Pros In Virginia, NY
Holland & Knight LLP has bolstered its government contracts bench with a pair of recent partner hires, adding attorneys to both its Virginia and New York offices.
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September 11, 2024
Norton Rose Adds Litigator, Crisis Manager From Blank Rome
A former Blank Rome litigator whose eclectic resume includes crisis management and working as an agent for professional athletes has jumped to the New York office of Norton Rose Fulbright as a partner.
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September 10, 2024
SEC Files New Insider Case Tied To Stolen Covington Info
The U.S. Securities and Exchange Commission on Tuesday brought a new insider trading case tied to the theft of confidential merger information from a Covington & Burling LLP lawyer, suing the cousin of a former FBI trainee who was sentenced to prison for filching the Merck & Co. deal info at the heart of the case and then tipping off others.
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September 10, 2024
Blink Fitness Lands $105M Bid From PureGym
Bankrupt gym chain Blink Fitness landed a stalking horse bid from a unit of U.K.-based global gym operator PureGym Ltd. that sets a $105 million floor price for a Chapter 11 auction set to be held later this month, the companies said Tuesday.
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September 10, 2024
Truth Social Founder Ordered To Disclose Investor Details
A Florida state court judge on Tuesday ordered the founder of former President Donald Trump's Truth Social to turn over investor material in a suit accusing the founder of interfering with the process of taking the company public, holding it's "likely to lead to discovery of relevant and discoverable information."
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September 10, 2024
42 AGs Back Call For Social Media Warning Label Law
A bipartisan group of 42 attorneys general urged Congress on Tuesday to introduce warning labels on social media platforms in a bid to tackle risks posed to young people's mental health.
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September 10, 2024
Senate Confirms SDNY, Maryland Court Picks
The U.S. Senate on Tuesday signed off on two new federal judges with BigLaw experience, confirming a federal prosecutor to the Southern District of New York and a current magistrate judge to the District of Maryland.
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September 10, 2024
Security Co. Loses $300M Pot Suit Over Lack Of Attorney
A New York federal judge tossed a $300 million lawsuit from an Illinois security company that claimed the business was convinced to do free surveillance camera work at hundreds of New York cannabis facilities with promises of a state contract that never came, because the plaintiff missed a pretrial conference and can't represent themselves anyway.
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September 10, 2024
Ex-Knick Can Depose Team Owner In Ejection Suit
New York Knicks owner James Dolan may be deposed in a suit by former player Charles Oakley over his ejection from the stands during a 2017 game, a federal judge ruled Tuesday.
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September 10, 2024
Simpson Thacher Names Bi-Coastal Fund Finance Leaders
Simpson Thacher & Bartlett LLP has tapped into both its East and West Coast offices to name the new leaders for its fund finance practice, according to a Tuesday announcement.
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September 10, 2024
Cybersecurity Pro Jumps From Hogan Lovells To Goodwin
A former partner from Hogan Lovells's privacy and cybersecurity practice has joined Goodwin Procter LLP's data, privacy and cybersecurity group as a partner in New York City, the firm said Tuesday.
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September 10, 2024
Womble Bond Eyes Growth, Not Layoffs, With New Tie-Up
The merger between Womble Bond Dickinson and Lewis Roca Rothgerber Christie LLP is not about cutting costs because of mounting competition, the international law firm's U.S. boss told Law360 on Tuesday. It's about growth in the U.S., the U.K. — and beyond.
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September 10, 2024
Ugg Maker Ends IP Boot Suit Against Costco
Deckers Outdoor Corp. has dropped its suit in California federal court accusing Costco Wholesale Corp. of infringing a design patent and trade dress for Ugg "Classic Ultra Mini" boots with the retailer's Kirkland-branded footwear.
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September 10, 2024
V&E Launches New Dublin Office In Aviation Finance Push
Vinson & Elkins LLP has launched a new office in Ireland to provide New York and English law advice to clients on aviation leasing and financing matters.
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September 10, 2024
Manatt Phelps Grows Pot Practice With Special Counsel Hire
Manatt Phelps & Phillips LLP on Tuesday revealed the latest expansion of its cannabis and CBD practice, saying it has hired a former Barclay Damon LLP attorney who specializes in corporate, tax and regulatory issues for clients including retail dispensary licensees, cultivators and multistate operators.
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September 10, 2024
Symbion Claims 'Serious Defects' In Power Plant Arbitration
A U.S. power engineering company has urged a New York federal court to rip up an arbitral award issued over a sourced project in Madagascar, arguing that the process was tainted by "a myriad of serious defects" that led to an unfair decision.
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September 10, 2024
Troutman Pepper Adds Duane Morris Private Equity Co-Leader
Troutman Pepper Hamilton Sanders LLP announced Tuesday that it has hired Duane Morris LLP's former global private equity co-head to lead the firm's New York efforts in the practice area.
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September 10, 2024
Lewis Brisbois Lands 9 Litigators From Pillinger Miller
Lewis Brisbois Bisgaard & Smith LLP has added more litigation muscle with a nine-attorney pickup from Pillinger Miller Tarallo LLP, expanding the larger firm's head count in locations including New Jersey and New York.
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September 10, 2024
Blackstone's Link Logistics Adds New GC From Realty Income
Logistics real estate company Link Logistics, a Blackstone affiliate overseeing a portfolio of more than 526 million square feet, has added a former Realty Income Corp. attorney as its new general counsel.
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September 10, 2024
Free Speech Or Bad Medicine? The Abortion 'Reversal' Battle
The marketing of abortion pill "reversal" — a treatment doubted by medical groups but touted by anti-abortion advocates — is facing increased scrutiny from state attorneys general, triggering legal skirmishes in at least four states centered on First Amendment rights and consumer protection laws.
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September 10, 2024
IRS Extends Tax Deadlines For NY, Conn. Storm Victims
Victims of severe storms and flooding in New York and Connecticut will have more time to file some tax returns and make estimated payments, the Internal Revenue Service announced Tuesday.
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September 10, 2024
Womble Bond Dickinson To Merge With Lewis Roca
Womble Bond Dickinson said Tuesday that its U.S. business is merging with regional law firm Lewis Roca Rothgerber Christie LLP at the start of the new year, the third law firm merger to be announced in the last week.
Expert Analysis
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Series
Glassblowing Makes Me A Better Lawyer
I never expected that glassblowing would strongly influence my work as an attorney, but it has taught me the importance of building a solid foundation for your work, learning from others and committing to a lifetime of practice, says Margaret House at Kalijarvi Chuzi.
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How NY Co-Ops Can Minimize Sale Rejections Based On Price
New York co-op sales are regularly rejected for being below undisclosed price minimums, and co-op boards should address this problem by sharing information more transparently and allowing some flexibility for below-market sales, say Pierre Debbas and Seth Feldman at Romer Debbas.
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Best Practices For Chemical Transparency In Supply Chains
A flurry of new and forthcoming regulations in different jurisdictions that require disclosure of potentially hazardous substances used in companies' products and processes will require businesses to take proactive steps to build chemical transparency into their supply chains, and engage robustly and systematically with vendors, says Jillian Stacy at Enhesa.
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Money, Money, Money: Limiting White Collar Wealth Evidence
As courts increasingly recognize that allowing unfettered evidence of wealth could prejudice a jury against a defendant, white collar defense counsel should consider several avenues for excluding visual evidence of a lavish lifestyle at trial, says Jonathan Porter at Husch Blackwell.
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How Associates Can Build A Professional Image
As hybrid work arrangements become the norm in the legal industry, early-career attorneys must be proactive in building and maintaining a professional presence in both physical and digital settings, ensuring that their image aligns with their long-term career goals, say Lana Manganiello at Equinox Strategy Partners and Estelle Winsett at Estelle Winsett Professional Image Consulting.
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5 Steps To Navigating State Laws On Healthcare Transactions
As more states pass legislation requiring healthcare-transaction notice, private equity investors and other deal parties should evaluate the new laws and consider ways to mitigate their effects, say Carol Loepere and Nicole Aiken-Shaban at Reed Smith.
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Firms Must Rethink How They Train New Lawyers In AI Age
As law firms begin to use generative artificial intelligence to complete lower-level legal tasks, they’ll need to consider new ways to train summer associates and early-career attorneys, keeping in mind the five stages of skill acquisition, says Liisa Thomas at Sheppard Mullin.
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High Court's BofA Ruling Leaves State Preemption Questions
A recent U.S. Supreme Court decision in Cantero v. Bank of America sheds light on whether certain state banking regulations apply to federally chartered banks, but a circuit split could still force the Supreme Court to take a more direct position, says Brett Garver at Moritt Hock.
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Think Like A Lawyer: Always Be Closing
When a lawyer presents their case with the right propulsive structure throughout trial, there is little need for further argument after the close of evidence — and in fact, rehashing it all may test jurors’ patience — so attorneys should consider other strategies for closing arguments, says Luke Andrews at Poole Huffman.
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Deciphering SEC Disgorgement 4 Years After Liu
Since the U.S. Supreme Court’s 2020 decision in Liu v. U.S. Securities and Exchange Commission to preserve SEC disgorgement with limits, courts have continued to rule largely in the agency’s favor, but a recent circuit split over the National Defense Authorization Act's import may create hurdles for the SEC, say attorneys at Ropes & Gray.
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Playing The Odds: Criminal Charges Related To Sports Betting
In light of recent sports betting scandals involving MLB player Shohei Ohtani and NBA player Jontay Porter, institutions and individuals involved in athletics should be aware of and prepared to address the legal issues, including potential criminal charges, that sports gambling may bring to their door, say attorneys at Steptoe.
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Series
Playing Chess Makes Me A Better Lawyer
There are many ways that chess skills translate directly into lawyer skills, but for me, the bigger career lessons go beyond the direct parallels — playing chess has shown me the value of seeing gradual improvement in and focusing deep concentration on a nonwork endeavor, says attorney Steven Fink.
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Litigation Inspiration: Attys Can Be Heroic Like Olympians
Although litigation won’t earn anyone an Olympic medal in Paris this summer, it can be worthy of the same lasting honor if attorneys exercise focused restraint — seeking both their clients’ interests and those of the court — instead of merely pursuing every advantage short of sanctionable conduct, says Bennett Rawicki at Hilgers Graben.
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Unpacking NY's Revised Hospital Cybersecurity Rule Proposal
The New York State Department of Health's recently revised hospital cybersecurity rule proposal highlights increased expectations and scrutiny around cybersecurity in the healthcare sector, while adapting to both recent industry developments and public comments, say Christine Moundas and Gideon Zvi Palte at Ropes & Gray.
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Lean Into The 'Great Restoration' To Retain Legal Talent
As the “great resignation,” in which employees voluntarily left their jobs in droves, has largely dissipated, legal employers should now work toward the idea of a “great restoration,” adopting strategies to effectively hire, onboard and retain top legal talent, says Molly McGrath at Hiring & Empowering Solutions.