The New York City Bar Association on Monday questioned the impartiality of 13 federal judges who issued a letter last month publicly refusing to hire students from Columbia Law School as clerks because of campus political protests over the Israel-Hamas war.
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WEDNESDAY, JUNE 19, 2024 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

NYC Bar Blasts Judges' Columbia Boycott Letter

By Sue Reisinger

The New York City Bar Association on Monday questioned the impartiality of 13 federal judges who issued a letter last month publicly refusing to hire students from Columbia Law School as clerks because of campus political protests over the Israel-Hamas war.

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Creditors Say Giuliani Is 'Shrewd' And Needs Ch. 11 Trustee

By Hilary Russ

Rudy Giuliani's creditors made their argument to a New York judge on Monday about why they felt he should be stripped of control of his bankruptcy case, disparaging his motives, missing financial information and ability to stick to a budget.

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Justices Won't Hear Challenge To NY Gun, Ammo Sales Laws

By Mike Curley

The U.S. Supreme Court on Monday denied a petition by New York gun shop owners seeking to appeal a decision striking down their suit challenging state laws regulating firearm sellers and ammunition sales.

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Pastor Tied To NYC Mayor Gets 9 Years For Fraud Conviction

By Stewart Bishop

A clergyman and self-described mentee of New York City Mayor Eric Adams on Monday was sentenced to nine years in federal prison following his conviction at trial for a series of fraudulent real estate and business loans, among other misdeeds.

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FTX, Customers Lay Claim To SBF's $11B Forfeiture Tab

By Ben Zigterman

FTX told the New York federal court that hit the company's founder Sam Bankman-Fried with a 25-year prison sentence and an $11 billion forfeiture order that the now-defunct cryptocurrency exchange has a right to those funds, while a group of its former clients asserted a similar claim for itself.

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Foreign Investors Sue Over Lost $7.7M NYC Mall Investment

By Grace Dixon

Fourteen foreign investors who lost the entirety of their $7.7 million investment in a New York City shopping mall project filed suit against two lenders, a developer and the manager of an EB-5 lender in New York federal court, saying they are owed damages.

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Man In Murder-For-Hire Plot To Kill Atty Gets Extradited To NY

By Gina Kim

An Indian national indicted in connection with a murder-for-hire plot to assassinate an attorney connected to a Punjab political revolution has been extradited to the Southern District of New York and made his initial appearance in federal court Monday, during which he pled not guilty to the criminal charges against him.

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INSURANCE

No Coverage For Family Shareholder Row, 2nd Circ. Affirms

By Hope Patti

A Liberty Mutual unit had no duty to defend Paraco Gas Corp. and two of its executives in a family shareholder dispute, the Second Circuit affirmed Monday, finding that all claims in the underlying suit fell within the policy's contract exclusion.

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PRODUCT LIABILITY

Zantac Suits Must Exit State Court, Conn. Judge Told

By Aaron Keller

A Connecticut state court judge must relinquish jurisdiction over two lawsuits claiming that generic versions of the heartburn drug Zantac caused cancer because state statutes do not subject entities with foreign business registrations to the auspices of Constitution State judges, a pharmaceutical industry attorney argued at a hearing Monday morning.

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CYBERSECURITY & PRIVACY

Consulting Firms To Pay $11.3M Over Rent Help Site Breach

By Elliot Weld

A consulting firm and its subcontractor have agreed to pay $11.3 million to resolve a False Claims Act suit alleging that they allowed the personal data of low-income New Yorkers to be compromised while operating a pandemic-era rental assistance program website.

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FINTECH

Binance Says Hamas Attack Suit Can't Prove Fundraising Link

By Aislinn Keely

Binance Holdings Ltd. has urged a New York federal judge to dismiss claims the exchange abetted terrorism because the survivors of Hamas' Oct. 7 attack on Israel haven't shown a direct link between the platform's cryptocurrency services and the planning of the attack.

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Brief

Crypto Trading Firm Nabs NY BitLicense

By Aislinn Keely

Crypto trading firm and liquidity provider Cumberland DRW announced Monday that the New York Department of Financial Services has granted it a BitLicense, which allows it to operate a crypto business within the state.

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SECURITIES & WHITE COLLAR

Feds Take Hard Line On Tycoon's Pilots After He Goes Free

By Elliot Weld

Manhattan federal prosecutors asked a sentencing judge to consider aggravating circumstances for two pilots who allegedly traded on stock tips from U.K. billionaire Joe Lewis, despite not seeking a prison term for the private equity honcho and former soccer club owner.

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Ex-Stimwave CEO Gets 6 Years For Dummy Implant Scheme

By Rachel Scharf

The founder and former CEO of Stimwave Technologies was sentenced to six years in prison Monday after tearfully proclaiming her innocence to healthcare fraud charges, with a Manhattan federal judge saying it's "sad" the defendant doesn't recognize the harm she inflicted by selling nonfunctional pain management device components.

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Accused NBA Fraud Leader May Testify At Doctor's Trial

By Elliot Weld

A former NBA player who was sentenced to 10 years in prison for allegedly spearheading a scheme to defraud the league's healthcare plan is likely to be called to testify at the upcoming trial of a co-defendant, a Manhattan federal judge said Monday.

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SEC Says Ripple's Remedies Not Comparable To Terraform's

By Sydney Price

The U.S. Securities and Exchange Commission fired back at blockchain firm Ripple Labs' claims that a recent settlement with Terraform Labs supports a lower penalty amount, saying it can't be a direct comparison given Terraform is in bankruptcy and has made significant concessions Ripple hasn't.

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CONTRACTS

L3Harris Rips Moog's Counterclaims In $78M Contract Suit

By Carolina Bolado

L3Harris Technologies Inc. urged a Florida federal court Friday to throw out breach of contract counterclaims from fellow defense contractor Moog Inc., which it has accused of failing to timely deliver critical satellite parts under several subcontracts worth $77.9 million.

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TAX

$2.1B Danish Tax Fraud Defendant Pushes For Separate Trials

By David Hansen

An attorney facing trial alongside his clients on allegations of filing $2.1 billion in fraudulent tax refund claims in Denmark urged a New York federal court to hear his case separately, saying disparate legal arguments could confuse a jury if only one trial is held.

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NATIVE AMERICAN

NY Says IGRA Doesn't Keep State Lottery Off Tribal Land

By David Steele

The New York State Gaming Commission has asked a federal judge to throw out the Cayuga Nation's attempt to block lottery games from operating on tribal lands, arguing state lotteries do not fall under the federal Indian Gaming Regulatory Act's jurisdiction.

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PEOPLE

Columbia Law Adds UChicago Vice Provost As 1st Black Dean

By Tracey Read

A former deputy dean at the University of Chicago Law School will take over as dean of Columbia Law School on Aug. 1, Columbia University President Minouche Shafik announced Monday.

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Quinn Emanuel Adds Another Ex-Federal Prosecutor In NY

By Andrea Keckley

Quinn Emanuel Urquhart & Sullivan LLP said Friday that it has added another former federal prosecutor to its ranks — this time an of counsel who joined from the U.S. Attorney's Office for the Southern District of New York in May.

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Morgan Lewis Adds NY Private Funds Atty From Schulte Roth

By Tracey Read

Morgan Lewis & Bockius LLP said Monday that it is strengthening its global private investment funds practice by hiring a partner from Schulte Roth & Zabel LLP.

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Structured Finance Pros Rejoin King & Spalding From Milbank

By Christine DeRosa

Two attorneys from Milbank LLP are returning to King & Spalding LLP in New York just over a year after they departed the firm.

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McCarter & English Adds Armstrong Teasdale Real Estate Atty

By Jake Maher

McCarter & English added a partner in New York and New Jersey on Monday with experience in transactional real estate for healthcare industry clients and in guiding cannabis companies on compliance and commercial agreements.

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EXPERT ANALYSIS

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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LEGAL INDUSTRY

The 2024 Lawyer Satisfaction Survey

Firms are making their attorneys happy in most areas of professional life, including culture and compensation, but stress is a constant struggle and many are taking minimal vacations, according to the latest survey from Law360 Pulse.

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Akin Elects US, London Duo To Take Over From Veteran Chair

By Ashish Sareen

Akin Gump Strauss Hauer & Feld LLP said on Tuesday that it has elected the partner in charge of its New York office and a corporate specialist in London to jointly lead the firm as its longtime chair prepares to step down next year.

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NY High Court Denies Trump's Gag Order Appeal

By Frank G. Runyeon

New York state's highest court on Tuesday denied Donald Trump's rapid appeal of the gag order that limited his speech during his criminal hush money trial, finding it did not raise serious constitutional issues.

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Dems' Absences Bring Canceled Vote On Ore. Federal Judge

By Courtney Bublé

The Senate scrapped a vote on Tuesday for Magistrate Judge Mustafa Taher Kasubhai's nomination to a district court judgeship in the District of Oregon amid vast Republican opposition.

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Del. House Panel Splits On Senate-Passed Corp. Law Change

By Jeff Montgomery

A divided Delaware House committee released on Tuesday contested amendments to the state's general corporation law, sending the measure toward a full House vote after sometimes edgy testimony that included a committee chair's shutdown of an opposing law professor's reference to HBO's seamy corporate drama series "Succession."

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The 2 New Jersey Attys Ensnared In A Mogul's Extortion Rap

By George Woolston

New Jersey businessman George E. Norcross III may be the alleged mastermind of an extortion scheme to reap millions in tax credits on waterfront property in a distressed city, but an explosive indictment also reveals the purported roles of two attorneys with close ties to the Democratic Party.

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Panel Laments 'Hunger Games' Tactics In Mich. Judicial Races

By Carolyn Muyskens

A Michigan Court of Appeals panel has expressed concern that judicial candidates are weaponizing the complexity of Michigan's filing requirements to eliminate their competition, with one judge commenting that "contests for vacant judgeships all too often have turned into the Hunger Games." 

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McElroy Deutsch Says Exec Embezzled Money For Home

By Tracey Read

McElroy Deutsch Mulvaney & Carpenter LLP has doubled down on its bid for a constructive trust on the home of two former executives accused of stealing from the firm.

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9 Firms Vie To Lead Suit Over Ad Tech Co.'s Microsoft Ties

By Sydney Price

Pomerantz LLP, Levi & Korsinsky LLP and several other firms have filed competing bids to lead a proposed shareholder class action alleging that shares of ad tech company Perion Network declined nearly 40% after its strategic partner Microsoft Bing "unilaterally" changed its search advertising pricing.

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Healthcare Tensions Equal Business For Litigation Funders

By Ryan Boysen

As rampant consolidation collides with inflation-squeezed margins in the American healthcare system, tensions between service providers and insurers are at the breaking point and increasingly boiling "over into litigation," providing opportunities for litigation funders, according to a new article by Burford Capital LLC.

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Ariz. County Says New Kari Lake Vote Claims Merit Sanctions

By Ali Sullivan

Maricopa County officials are slamming former gubernatorial candidate Kari Lake's bid to unravel a Ninth Circuit decision affirming the toss of her lawsuit over Arizona's voting machines, contending that the "fatally flawed" effort warrants sanctions.

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DC Bar Counsel Moves To Suspend Hunter Biden's Law License

By Alison Knezevich

Attorney disciplinary authorities in the nation's capital have moved to suspend Hunter Biden's license to practice law there after he was convicted of three federal gun charges last week.

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Dems Ask For Update On Justice Thomas Gifts Investigation

By Katie Buehler

A pair of Democratic lawmakers have asked the judiciary's governing body for an update on its review of U.S. Supreme Court Justice Clarence Thomas' failure to disclose years of luxury gifts and travel he received from conservative billionaires.

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Cuomo's Ex-Aide Details Sex Harrassment Claims In New Suit

By Dorothy Atkins

Former New York Gov. Andrew Cuomo's onetime executive assistant has filed a civil lawsuit in New York state court, accusing Cuomo of "outrageous sex discrimination and retaliation" roughly two years after related misdemeanor charges over the alleged misconduct were dropped.

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LAW FIRMS IN TODAY'S NEWS

Akin Gump

Armstrong Teasdale

Barclay Damon

Berger Fischoff

Bernstein Liebhard

Block & Leviton

Boies Schiller

Bracewell LLP

Brown & Connery

Burgess Law Group

Cahill Gordon

Cravath Swaine

Critchley Kinum

Curtis Mallet-Prevost

Cuti Hecker

Debevoise & Plimpton

Dewey Pegno

DuBose Miller

Fox Rothschild

Glancy Prongay

Glavin PLLC

Goodwin Procter

Gordon Rees

Hogan Lovells

Holland & Knight

Holzer & Holzer

Hughes Hubbard

Jones Day

Kaplan Fox

Kaplan Hecker

Keker Van Nest & Peters

Kellogg Hansen

King & Spalding

Kirkland & Ellis

Levi & Korsinsky

Marino Tortorella

McCarter & English

McElroy Deutsch

Milbank LLP

Morgan Lewis

Moritt Hock

Morrison Foerster

Mukasey Young

Nixon Peabody

Parker Daniels Kibort

Parker McCay

Perkins Coie

Pomerantz LLP

Poole Huffman

Quinn Emanuel

Reid & Wise

Schulte Roth

Seiden Law

Shipman & Goodwin

Shook Hardy

Spears Manning

Sullivan & Cromwell

Walden Macht

White & Case

Wiggin & Dana

Willkie Farr

Wilson Elser

Winston & Strawn

Wocl Leydon

Wolf Popper

COMPANIES IN TODAY'S NEWS

American Hospital Association

Bank of America Corp.

Binance Holdings Ltd.

Boehringer Ingelheim

Boehringer Ingelheim Vetmedica Inc.

Boston Celtics

Boston University

Burford Capital LLC

Charlotte Hornets

Citizens for Responsibility & Ethics in Washington

Conner Strong & Buckelew

Cooper Health System

Cott Corporation

Cushman & Wakefield Inc.

De Novo

Detroit Pistons

Envision Healthcare Corp.

Getty Images Holdings Inc.

Guidehouse Inc.

Home Box Office Inc.

Ironshore Inc.

L3Harris Technologies Inc.

Liberty Mutual Insurance Group

Lihua International Inc.

LinkedIn Corp.

Los Angeles Clippers

Microsoft Corp.

Mirati Therapeutics Inc.

Moelis & Co.

Moog Inc.

New Jersey State Bar Association

New York City Bar Association

New York University

Norfolk Southern Corp.

Paraco Gas Corp.

Perion Network Ltd.

Pfizer Inc.

Ripple Labs Inc.

Rowan University

Sanofi

Solid Biosciences Inc.

Sterling Financial Corp.

Sun Bancorp Inc.

The American Law Institute

The District of Columbia Bar

The Goldman Sachs Group Inc.

The Leadership Conference on Civil & Human Rights

Toronto-Dominion Bank

Twitter Inc.

U.S. Anesthesia Partners

U.S. Vision Inc.

United Way Worldwide Inc.

Webster Financial Corp.

Wolverine World Wide Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Delaware River Port Authority

Federal Bureau of Investigation

Federal Trade Commission

New York Attorney General's Office

New York City Police Department

New York Department of Financial Services

New York State Comptroller

New York State Gaming Commission

U.S. Attorney's Office for the Northern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Bankruptcy Court for the Southern District of New York

U.S. Court of Appeals for the Ninth Circuit

U.S. Court of Appeals for the Second Circuit

U.S. Department of Justice

U.S. District Court for the Eastern District of New York

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of New York

U.S. District Court for the Southern District of New York

U.S. Securities and Exchange Commission

U.S. Senate

U.S. Supreme Court