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Subject: Cravath's Ties To NYU Not Enough For New Trial, Judge Says
Date: Wed, 03 Jul 2019 07:17:32 +0000
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LAW FIRMS
Arrowood LLP
Barclay Damon
Berger Montague
Calhoun & Lawrence
Chaffetz Lindsey
Cooley
Cravath Swaine
DLA Piper
Dentons
Emery Celli
Faruqi & Faruqi
Fenwick & West
Foley & Lardner
Cravath's Ties To NYU Not Enough For New Trial, Judge Says Foster Pepper
A New York federal court ruled that a former judge who rejoined Cravath Freidin Brown
Swaine & Moore LLP after tossing out a $358 million ERISA class action Freshfields Bruckhaus
against New York University was not biased in NYU's favor, rejecting
university workers' bid for a new trial. Furniss Davis
Order attached I Read full article Gadow Tyler
Garvey Schubert
States Reach $6M Deal With LexisNexis Over Withheld Fees Gibson Dunn
LexisNexis Risk Solutions Inc. agreed on Tuesday to pay $5.8 million to Glasser & Glasser
resolve a suit in Florida federal court brought by various states and a city Goldman Ismail
Greenberg Traurig
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alleging that the data and analytics company wrongfully withheld fees from Hagens Berman
law enforcement agencies when reselling their automobile crash reports. Hangley Aronchick
Read full article » Heiberger & Associates
Ed Sheeran Trial On Hold For 9th Circ. Led Zeppelin Ruling
Hilliard & Shadowen LLP
A Manhattan judge has put off a September jury trial over whether Ed
Jomarron Lopez
Sheeran's "Thinking Out Loud" infringes Marvin Gaye's "Let's Get It On,"
saying Tuesday that a coming decision by the full Ninth Circuit in a copyright Kaufman & Canoles
appeal involving Led Zeppelin may be informative. Kenny Nachwalter
Read full article » Kessler Topaz
Kramer Levin
Fake Mont. Cattle Rancher Cops To Fraud, Will Repay $43M
Labaton Sucharow
A Montana man told a Manhattan federal judge Tuesday he lied about his
family's assets, including falsely claiming to own cattle and a ranch, to borrow Lee Litigation Group
$43 million from lender Third Eye Capital Corp. Levin & Glasser
Read full article » LevinCyphers
Lewis Brisbois
2nd Circ. Revives Chinese Woman's Belated Asylum Bid Littler Mendelson
A split Second Circuit panel on Tuesday paved the way for a woman who Loeb & Loeb
was forced by the Chinese government to have an abortion two decades ago
to qualify for asylum based on that experience, excusing her entire asylum Mayer Brown
application from the one-year filing deadline because of her recent Miller Law Offices
conversion to Christianity. Morgan Lewis
Opinion attached I Read full article » Motley Rice
Much Shelist
NYC Doc Convicted In $2M Opioid Scheme Gets 5 Years Mukasey Frenchman
A New York doctor was sentenced on Tuesday to five years in prison for
Norton Rose
prescribing nearly 1 million oxycodone pills to patients who didn't actually
need them in exchange for cash, reaping $2 million in the process. Nussbaum Law Group PC
Read full article » Outten & Golden
Pearl Cohen
POLICY & REGULATION Pierce Bainbridge
Pryor Cashman
25 State AGs Urge CFPB Not To Roll Back Overdraft Rule
Putney Twombly
Attorneys general representing half the states in the nation signed on to a
Monday letter urging the Consumer Financial Protection Bureau not to alter Quinn Emanuel
its overdraft rule, as the agency carries out a mandatory 10-year review of Rivkin Radler
the regulation due to be completed this November. Robbins Geller
Letter attached I Read full article » Satterlee Stephens
Schiff Hardin
Cuomo Wants NY To Probe Facebook Housing Advertisers Schlichter Bogard
New York Democratic Gov. Andrew Cuomo on Monday announced plans for
Shearman & Sterling
the state's Department of Financial Services to investigate advertisers that
allegedly prevent certain protected groups from seeing their housing ads on Shepherd Finkelman
Facebook. Silver Miller
Read full article >> Sperling & Slater
Spiritus Law
INSURANCE Sullivan & Cromwell
Taus Cebulash
2nd Circ. Agrees Recycling Bin Not A 'Vehicle' Under Policy
The Law Offices of Neal Brickman
The Second Circuit on Tuesday upheld a New York federal judge's ruling that
a wheeled recycling bin does not qualify as a vehicle in a policy dispute Troutman Sanders
between an insurer and a Manhattan co-op over a gas line ruptured by the Vanek Vickers
bin. Weil Gotshal
Order attached I Read full article » Wilkofsky Friedman
Wilson Sonsini
2nd Circ. Revives Insurers' Fight Over Truck Crash Coverage
Wittels Law
The Second Circuit has thrown out a win for Country-Wide Insurance Co. in a
dispute with United Financial Casualty Co. over coverage for a truck driver Wolcott Rivers
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involved in a three-vehicle crash, saying a lower court improperly concluded COMPANIES
that UFCC waited too long to disclaim liability coverage. Altman Weil Inc.
1 document attached I Read full article » Apartment Investment &
CONSUMER PROTECTION Management Co.
Banco Bradesco SA
Barilla Dodges Nationwide Class Claims Over Sauce Labels Bank of America Corp.
Nationwide class claims in a suit over "no preservatives" labels on Barilla Barilla Holding SpA
America Inc. pasta sauces cannot proceed, after an Illinois federal judge said
on Tuesday it would be unmanageable because of differences among the Bats Global Markets Inc.
various states' fraud and consumer protection laws. Beth Israel Deaconess Medical
Order attached I Read full article » Center
Blaqwell Inc.
INTELLECTUAL PROPERTY CHX Holdings Inc.
Citigroup Inc.
Calif. Business Owner Claims NBA Stole His $50M App Idea Country-Wide Insurance Co.
A California man is suing the National Basketball Association in New York Ditech Holding Corp.
federal court for $50 million, claiming the league stole his idea for an online
Facebook Inc.
app that would give fans prizes if they correctly predicted how their favorite
stars would perform. Fannie Mae
Complaint attached ! Read full article » Fireman's Fund Insurance Co.
Freddie Mac
MEDIA & ENTERTAINMENT Glenmark Pharmaceuticals
JPMorgan Chase & Co.
Ticket Biz Seeks $378K In Atty Fees After Rival's Sanctions LexisNexis Group
Lawyers who successfully represented Broker Genius Inc. in securing a $4.5 Los Angeles Lakers
million verdict and effectively shutting down a rival over pilfered technology
have asked a New York federal court to award their client more than Merck & Co Inc.
$378,000 in attorney fees and costs for what the company spent on a Metropolitan Museum of Art
contempt bid. NASDAQ OMX Group Inc.
1 document attached I Read full article » National Basketball Association
New York University
EMPLOYMENT Par Pharmaceutical Companies,
Inc.
2nd Circ. Sends Home Care Worker's Wage Suit To Arbitration
RELX PLC
The Second Circuit ruled Tuesday that a New York City home health care
Statoil ASA
provider can push claims that it stiffed a worker on overtime and premium
pay into arbitration, saying a trial court misinterpreted a mandatory arbitration Vornado Realty Trust
clause in a collective bargaining agreement. Wells Fargo & Co.
Decision attached i Read full article » Witkoff Group
iFinex Inc.
Columbia Univ. Workers Fight To Keep ERISA Suit Alive
A class of roughly 24,000 current and former Columbia University workers hit GOVERNMENT AGENCIES
back at the school's bid to exit a suit claiming it mishandled their retirement Consumer Financial Protection
savings, saying their plans were saddled with high record-keeping fees and Bureau
that the university knew the plans contained imprudent funds. Equal Employment Opportunity
Memorandum attached I Read full article » Commission
European Union
SECURITIES & WHITE COLLAR Federal Trade Commission
Food and Drug Administration
Blockchain Biz Accused Of Inflating Token Value In $3M Sale
Hudson River Park Trust
A blockchain company's unfounded hype and conduct artificially inflated its
token value to raise close to $3 million in a token sale, only to see its value New York Attorney General's Office
plummet by 90% about a month later, a cryptocurrency investment fund told Securities and Exchange
a New York federal court. Commission
Complaint attached I Read full article » U.S. Attorneys Office
U.S. Department of Homeland
BANKRUPTCY Security
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Ditech Wins Approval For $52M Bid Protections In Ch. 11 Sale U.S. Department of Housing and
A New York bankruptcy judge on Tuesday approved more than $52 million in Urban Development
bid protections for the stalking horse bidders for Ditech Holding Corp.'s U.S. Department of Justice
mortgage origination and servicing businesses after consumers and the U.S. U.S. Supreme Court
Trustee said the company had satisfied their objections.
United States Bankruptcy Court for
Read full article » the Southern District of New York
United States District Court for the
BANKING
Northern District of Illinois
Brazilian Bank To Pay $14.5M To End Investor Suit Over Bribes United States District Court for the
Southern District of New York
Investors in Brazilian bank Banco Bradesco SA asked a New York federal
court on Monday to give the initial green light to a $14.5 million cash
settlement to end a stock-drop suit against the bank for allegedly artificially
inflating its securities prices by hiding a tax bribery scheme.
1 document attached I Read full article »
Investors Fight Exchanges' Appeal Bid In 'Flash Boys' Suits
The pension funds behind litigation inspired by the high-frequency trading
expose "Flash Boys" asked a New York federal judge on Monday not to send
their latest dismissal phase victory up to the Second Circuit.
1 document attached I Read full article »
ENERGY & ENVIRONMENTAL
Statoil, Texaco Units Want Brakes Kept On $16 Award Action
A Statoil unit and a Texaco subsidiary have asked a New York federal court to
keep on ice their litigation seeking to enforce roughly $1 billion in arbitral
awards against Nigeria's state-owned oil company, pointing to related
litigation in the West African country.
document attached I Read full article »
REAL ESTATE & DEVELOPMENT
NYC Real Estate Week In Review
Loeb & Loeb and Goldberg Weprin were among more than half a dozen law
firms guiding the largest New York City real estate deals that hit public
records last week, most of which were for residential condo units in
Manhattan.
Read full article »
PEOPLE
Cooley Nabs Fenwick & West's International Trademark Whiz
Cooley LLP's newest litigation department partner, a recruit from Fenwick &
West LLP, has made his name taking brands international and wrestling with
trademark laws in every corner of the world to do so.
Read full article »
Pierce Bainbridge Tries To Nix Ex-Partner's 'Rambling' Action
Litigation boutique Pierce Bainbridge blasted former partner Donald Lewis'
wrongful termination suit as a "rambling, raging screed, full of scandalous
and prejudicial matter" in a brief filed Monday asking a New York state court
to dismiss the action.
2 documents attached I Read full article »
Real Estate Rumors: Nexus, Aimco, Meridian
Developer Nexus is said to have landed $41 million in financing for a
California hotel, real estate investment trust Aimco could fetch more than $44
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million with the sale of a Chicago apartment tower, and Meridian Properties
reportedly picked up two Brooklyn rental buildings for $35.25 million.
Read full article »
Bitfinex Returns $100M To Tether Amid NY AG Proceeding
Bitfinex has repaid $100 million of up to $700 million loaned to it by Tether,
the cryptocurrency exchange announced Tuesday, as the companies wrangle
with the New York attorney general over the nature of the initial credit facility.
Read full article »
EXPERT ANALYSIS
High Court Weakens State Laws For Liquor Retailers
The U.S. Supreme Court's decision in Tennessee Wine & Spirits Retailers
Association v. Thomas does not end the three-tier distribution system that
has guided alcohol beverage laws since the end of Prohibition, but it does
erode superficial jurisdictional boundaries for retail licensing, says Robert
Lewis of Spiritus Law.
Opinion attached I Read full article »
LEGAL INDUSTRY
Analysis
Why BigLaw Isn't As Jazzed About Merging In 2019
There's been a noticeable decline in U.S. law firm combinations so far in
2019 compared with recent years — and a total absence of major mergers by
big firms. Here's a look at what's behind the slump.
Read full article »
Justice Ginsburg Says She 'Lucked Out' Of BigLaw Career
Justice Ruth Bader Ginsburg said Tuesday that she "lucked our in that she
became the second woman on the U.S. Supreme Court rather than a
commercial litigator after rampant gender inequality in the legal profession in
the 1950s and '60s steered her away from private practice.
Read full article »
Cooley Hid Conflict While Helping Launch Company, Suit Says
Attorneys for Cooley LLP failed to tell a New Jersey chemist that the firm had
previously worked with his partner, then represented the partner's interests at
the expense of the chemist's while they launched a new company, according
to a lawsuit filed Monday in Massachusetts state court.
Read full article »
Wilson Sonsini Blasts Zetia Buyers' Bid For More Docs
Wilson Sonsini Goodrich & Rosati has assailed a motion to hand over more
documents in a multidistrict litigation against generic-drug maker Zydus over
antitrust claims, telling a Virginia federal court it has already provided plaintiff
drug buyers with 3,600 pages.
Read full article »
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