New York : Law360 : Legal News & Analysis (2024)

Off The Bench: NCAA Transfers Freed, Atty Plays Cards Right

In this week's Off the Bench, the NCAA agrees to more historic rule changes while experts examine its post-House settlement future, and a patent lawyer looks back at his transformation into a poker champion.

Trump's New York Prosecutors Called To House Hearing

Rep. Jim Jordan, R-Ohio, chair of the House Judiciary Committee and its Select Subcommittee on the Weaponization of the Federal Government, demanded on Friday that Manhattan prosecutors appear for a hearing on June 13 on the prosecution of former President Donald Trump, who was convicted on Thursday of 34 felonies.

Polsinelli's Medical Device Team Gains Ex-Lerner David IP Trio

Polsinelli PC is continuing to grow its intellectual property bench, saying Thursday that it has brought on three attorneys from the boutique Lerner David LLP who focus on intellectual property strategy and protection.

Greek IT Company Sues NY Law Firm Over Leaked Patent Info

A Greece-based technology company has sued Ladas & Parry LLP in New York federal court, alleging that the firm sent proprietary information to a third party while the company had an attorney-client agreement with the firm.

Contractor, Insurers Settle NYC Four Seasons Coverage Row

A New York federal judge dismissed a general contractor's suit seeking coverage from two insurers for an underlying $1 million action over damage to a Four Seasons hotel in midtown Manhattan, saying the parties have reached a proposed settlement.

Former Allstate Lawyer Settles Disability Bias Suit

A former in-house lawyer at insurance giant Allstate has agreed to settle his dispute with the company alleging he was wrongfully fired because his doctor said he could no longer work on trials because of heart issues.

Robins Kaplan Can't Escape Sanction Over Dropbox Access

A New York state appeals court has upheld the $156,000 sanction on litigation funding firm KrunchCash and its counsel Robins Kaplan LLP for poking through an opposing party's Dropbox database that was accidentally shared in a $10 million suit, finding that they knew or should have known it was privileged information.

Trump Condemns NY Trial As Verdict Echoes In DC

A day after his conviction on 34 felony counts, former president Donald Trump on Friday attacked the Manhattan jury's verdict in alengthy speech thatmischaracterized multiple elements of the case as the decision reverberated through Washington, D.C.

Disbarring Giuliani Would 'Protect The Public,' DC Panel Says

A Washington, D.C., attorney ethics panel agreed Friday that Rudy Giuliani's role in former President Donald Trump's attempt to overturn Pennsylvania's presidential election in 2020 amounted to misconduct "of the utmost seriousness," and that disbarring him would "protect the public, the courts, and the integrity of the legal profession."

Australian Co. Aims For Shopify Highs In $250M SPAC Deal

Sydney, Australia-based Btab Ecommerce Group Inc., an e-commerce supplier for small businesses, has agreed to merge with special-purpose acquisition company Integrated Wellness Acquisition Corp. in a transaction valued at $250 million, the companies said Friday.

Trump's Niece Can't Escape His Suit Over NYT Tax Story

ANew York appellate panel ruled Thursday that former President Donald Trump can pursue claims that his niece, Mary Trump, breached a confidentiality agreement by sharing his tax records with The New York Times, handing him a legal win the same day he was convicted of 34 felony counts.

Morgan Stanley Helped Musk's Stealth Twitter Buys, Suit Says​​​​​​​

Elon Musk and his wealth manager tapped Morgan Stanley to help the Tesla CEO quietly acquire billions of dollars in Twitter securities without tipping off the market before he announced plans to take over the social media company, according to an amended complaint filed in New York federal court.

Ex-Deutsche Bank Trader Gets 3½ Years For Crypto Scheme

A former Deutsche Bank associate has been sentenced to three years and five months in prison after pleading guilty in September to wire fraud and access device fraud in connection with a $1.5 million cryptocurrency investment scheme, Brooklyn federal prosecutors announced Thursday.

Travelers Loses Dismissal Bid In BIPA Coverage Dispute

A New York federal judge declined to trim a software company's lawsuit seeking coverage from a Travelers unit for underlying claims that the company violated the Illinois Biometric Privacy Act, finding the company's declaratory relief and bad faith claims were not duplicative of a breach of contract claim.

Here's What Comes Next After Trump's Conviction

Donald Trump's forthcoming appeal of his historic conviction Thursday in the New York hush money case could include challenges to the state's evidence and jury instructions, but it's unlikely the case will be resolved before Election Day.

Terraform, SEC Reach 'Settlement In Principle' In Crypto Case

Crypto firm Terraform Labs and its creator Do Kwon appear to have reached an agreement with the U.S. Securities and Exchange Commission to settle remedies after the firm and its founder were held liable for fraud by a Manhattan jury.

NY Truckers Sue To Block Congestion Pricing In Manhattan

New York truckers have joined the fight to block congestion pricing from taking effect next month, alleging in a new Manhattan federal lawsuit Thursday that the first-of-its-kind fee for vehicles entering the Big Apple's busiest corridor unconstitutionally penalizes the trucking industry.

NY Expects Crypto Cos. To Meet Customer Service Standards

The New York State Department of Financial Services on Thursday told the crypto firms under its purview that it expects them to resolve customer service issues promptly and fairly, according to newly issued guidance.

Donald Trump Convicted Of All 34 Counts In NY Trial

Former President Donald Trump was convicted by a Manhattan jury Thursday of 34 felonies over a plot to illegally sway the 2016 presidential election in his favor by concealing hush money payments to p*rn actress Stormy Daniels.

New 3-On-3 Women's Hoops League Eyes Historic Salaries

A new three-on-three basketball league co-founded by current WNBA players Breanna Stewart and Napheesa Collier on Thursday unveiled its "groundbreaking" women's sports compensation and ownership model that will give players equity and vested interest in the league's success while also providing the "highest average salary" in women's professional sports history, according to its announcement.

RFK Jr. Turns To FEC Over CNN Debate Shut Out

The campaign for independent presidential candidate Robert F. Kennedy Jr. has accused CNN, President Joe Biden and former President Donald Trump of violating federal election law by holding a debate that excludes Kennedy, in a complaint filed with the Federal Election Commission.

NYU Law Review Beats Bias Claims Over Diversity Efforts

A New York federal court on Thursday dismissed a lawsuit from a self-described straight white male, first-year law student at New York University claiming the NYU Law Review is discriminatory.

NCAA To End Transfer Rules In Deal With DOJ

The NCAA agreed on Thursday to stop enforcing all rules governing athletes transferring from one institution to another, as part of a proposed consent decree filed by the U.S. Department of Justice to settle an antitrust suit against the organization by 10 states and the District of Columbia.

Menendez's Wife Hires Coburn Greenbaum For Bribery Case

Nadine Menendez,wife ofU.S. Sen. Robert Menendez, has hired Coburn Greenbaum & Eisenstein PLLC partner Barry Coburn to defend her in the government's case accusing her and her husband of accepting bribes from three businessmen.

King & Spalding LLP has hired Vinson & Elkins LLP's former commercial litigation group co-lead to join the firm in New York as a partner, the firm announced Thursday.