EFTA00025231

From: New York Law360 <newsglaw360.corn> To: Subject: NY Bar Says Attys Can Rent Out Offices In Co-Working Biz Date: Wed, 26 May 2021 08:08:08 +0000 tlaw360 New York NEW YORK Wednesday, May 26, 2021 GiFollow Law360 TOP NEWS ;::',Law360 Rising Stars NY Bar Says Attys Can Rent Out Offices In Co-Working Biz New York-based attorneys are permitted to run a nonlegal business that consists of renting out law office space to other lawyers, the New York State Bar Association committee on legal ethics said in an opinion issued Tuesday. Opinion attached I Read full article » Cuomo Nominates Singas, Cannataro For NY High Court Gov. Andrew M. Cuomo has nominated Nassau County District Attorney Madeline Singas and Citywide Administrative Judge of the Civil Court of the City of New York Anthony Cannataro to fill two vacancies on the New York State Court of Appeals, his office said Tuesday. Read full article » Austrian Bankers Laundered $170M For Odebrecht, Feds Say LAW FIRMS Brooklyn federal prosecutors on Tuesday unsealed charges against two Anderson Kill Austrian bankers accused of laundering more than $170 million on behalf of Blackstone Chambers Brazilian construction conglomerate Odebrecht SA. Carter Ledyard Indictment attached I Read full article » Cloth Fair Chambers Cohen Milstein SEC Eyes Feds' Bid To Force Ex-Nomura Trader To Pay $1.2M Cooley LLP The outcome of prosecutors' effort to force ex-Nomura trader Michael Cozen O'Connor Gramins to pay $1.2 million for allegedly scheming to trick real estate bond buyers will impact how securities regulators seek to resolve their companion Cravath Swaine case, a Manhattan federal judge was told Tuesday. Crowell & Moring Read full article » DLA Piper Davidoff Hutcher Bannon Charges Tossed After Pardon Over Gov't Objections Davis Firm PC A Manhattan federal judge tossed a fraud indictment Tuesday against Davis Polk pardoned Trump associate Steve Bannon, rejecting the government's unusual bid to terminate him as a defendant but keep the charges on the Davis Wright Tremaine books. Dechert Order attached I Read full article » Desmarais LLP Dewey & LeBoeuf Judge Grants Speedy Discovery In Kossoff PLLC Bankruptcy Erskine Chambers A federal bankruptcy judge on Monday called for expedited discovery into the Essex Court Chambers assets of New York real estate law firm Kossoff PLLC, after clients pushed Foy & Seplowitz the firm into bankruptcy this month seeking to recover more than $8 million in escrow funds. Gibson Dunn 2 documents attached I Read full article » Goldfarb Seligman Goodwin Procter EFTA00025231 Judge OKs Epstein Guards' No-Jail Pact With Prosecutors Greenberg Traurig A New York federal judge on Tuesday approved a deferred prosecution Gunster Yoakley agreement for two correctional officers responsible for guarding Jeffrey Hach & Rose LLP Epstein the night that he died by suicide, ending the criminal case against the Hogan Lovells guards and allowing them to skirt prison so long as they comply with the deal's terms. Jeffrey Samel Letter attached I Read full article » Jenner & Block Jones Day POLICY & REGULATION K&L Gates Kelley Drye NY To Launch Pandemic Rent Relief Program On June 1 Kirkland & Ellis A long-awaited program to administer more than $2 billion in federal Kossoff PLLC pandemic rental assistance across New York will open on the morning of June 1, state officials said Tuesday. Labaton Sucharow Read full article » Landman Corsi Latham & Watkins Coronavirus Regulations: A State-By-State Week In Review Law Offices of Montell Figgins The continuing decline in COVID-19 cases and the upcoming Memorial Day Linklaters holiday spurred more reopening activity this past week in places like New Loevy & Loevy Jersey, where Gov. Phil Murphy announced the major move of lifting the indoor mask mandate and indoor and outdoor social distancing requirements Martin Pringle ahead of the holiday weekend. Matteuzzi & Brooker Read full article » Mayer Brown Meitar REAL ESTATE & DEVELOPMENT Merlin Law Group Morrison & Foerster Real Estate Rumors: Mill Creek, Boston Properties, MMG Mukasey Frenchman Mill Creek Residential has reportedly landed $65.93 million in financing for a Florida multifamily project, Boston Properties is said to be paying $300 Nelson Mullins million for the leasehold of a Manhattan office tower, and MMG Equity O'Melveny & Myers Partners has reportedly dropped $12 million on a Florida retail center. One Essex Court Read full article » Paul Hastings ENERGY & ENVIRONMENTAL Paul Weiss Phelps Dunbar PDVSA Says There's No Need To Rush $1.9B Bond Case Robert G. Leino Venezuela's state-owned oil company has rebutted arguments that shares in Scott+Scott Attorneys at Law LLP U.S. oil giant Citgo's parent company securing some $1.9 billion in defaulted Selendy & Gay bonds may not be worth enough to repay bondholders, telling the Second Shavitz Law Group Circuit on Monday that such estimates are based on outdated figures. Sheppard Mullin 2 documents attached I Read full article » Sidley Austin INSURANCE Siebman Forrest Skadden Arps Casino Says Insurers Who Forgot Virus Exemption Must Pay The Moskowitz Law Firm PLLC A group of insurers must pay for a Florida casino's pandemic-related Thrasher Buschmann business losses because they failed to include virus exemptions in their Three Raymond Buildings policies, the casino has claimed in a suit filed in New York state court. Togut Segal Complaint attached I Read full article » Troutman Pepper Whitaker Chalk CYBERSECURITY & PRIVACY Willkie Farr Clearview Al Urges III. Court To Toss Biometric MDL Claims Wilson Sonsini Clearview AI wants an Illinois federal judge to toss multidistrict litigation Winston & Strawn claims that it unlawfully collected biometric information from photos on the internet, arguing that the allegations attack conduct that largely occurred out COMPANIES of state. AXA XL Ltd. Memorandum attached I Read full article » Advanced Recovery Systems LLC EFTA00025232 INTELLECTUAL PROPERTY Advancement Project Boston Properties Inc. 'Shadowy NY Hedge Fund' Jab Tainted IP Trial, Gigamon Says CITGO Petroleum Corp. Gigamon has asked U.S. District Judge Rodney Gilstrap for a new trial after Cable News Network Inc. a Texas jury found claims in its network data-management patents were Capital Area Immigrants Rights invalid, saying the jurors were improperly swayed by the defendant's Coalition arguments that Gigamon's new owner was "a shadowy New York hedge fund." Citigroup Inc. Motion attached I Read full article » Colonial Pipeline Co. Crystallex International Corp MEDIA & ENTERTAINMENT Elliott Management Corp. Equal Justice Initiative Hair Company's Case Against Cosmo Hangs On By A Thread GC Services Ltd. Partnership A New York state judge on Tuesday largely dismissed a $35 million lawsuit Gigamon Inc. against Cosmopolitan magazine by a hair extension company that claimed the publisher reneged on a branding and advertising deal and stole its GoFundMe Inc. secrets to profit from a competing product. GreenSky LLC Read full article » Hearst Corp. Hertz Global Holdings Inc. EMPLOYMENT IMG Worldwide Inc. LexisNexis Group Labor Unions Slam NY Bill To Let Gig Workers Unionize Linkedln Corp. Worker advocacy groups and labor unions on Tuesday denounced New York legislation not yet introduced that would let gig workers unionize, a proposal Lyft Inc. the organizations said would deprive workers in the state of key labor law MUFG Union Bank NA protections. Magic City Casino Read full article » MediaTek Inc. Microsoft Corp. Bankrupt Hertz Reaches Settlement On $48M Overtime Suit Bankrupt car rental giant Hertz Global told a New York court that it has NAACP Legal Defense and settled a $47.9 million potential class action claim over unpaid overtime for Educational Fund Inc. $200,000 in cash, as part of a larger $7.1 million settlement of this and four National Association for the similar suits. Advancement of Colored People Notice attached I Read full article » National Australia Bank Ltd. National Employment Law Project Amtrak Says Ex-Cop Can't Hide Past Conviction In Injury Suit New York State Bar Association Amtrak is fighting a bid by one of its former police officers in a workplace Occidental Petroleum Corp. injury suit to restrict what a jury hears about his past conviction Odebrecht SA for misrepresenting his work experience, saying it demonstrates the officer's propensity for lying to the company. Porsche Motion attached I Read full article » R1 RCM Inc. Sequoia Capital Operations LLC BENEFITS Silver Lake Spokeo Inc. AT&T Partially Beats Suit Over Early Retirement Benefits Temasek Holdings Pte. Ltd. A New York federal court granted a partial win Tuesday to AT&T in a The Lawyers' Committee for Civil proposed class action lodged by two retirees who say they should have been Rights Under Law paid retirement benefits retroactively, agreeing with the benefit plan committee that plan language blocked retroactive payments. Toshiba Corp. Order attached I Read full article » UMB Financial Corp. Uber Technologies Inc. SECURITIES & WHITE COLLAR United Auto Workers Vera Institute of Justice Inc. GreenSky Investors Strike $27.5M Deal Over IPO Disclosures GreenSky investors have reached a $27.5 million settlement deal over GOVERNMENT AGENCIES allegations the lending technology company made misleading statements Food and Drug Administration ahead of its initial public offering, according to documents filed in New York Illinois Department of Public Health federal court. National Railroad Passenger Corp. EFTA00025233 Memorandum attached I Read full article » New York Attorney General's Office MERGERS & ACQUISITIONS Office of Foreign Assets Control Serious Fraud Office 5 Firms Lead Valens To $1.16B Valuation Via SPAC Merger U.S. Attorney's Office Valens, an Israeli developer of semiconductor technology for the audiovisual U.S. Attorney's Office for the and automotive markets, will combine with a special purpose acquisition District of Connecticut vehicle at a $1.16 billion valuation, the companies said Tuesday, in an agreement developed by five law firms. U.S. Attorney's Office for the Eastern District of New York Read full article » U.S. Attorney's Office for the Southern District of New York PRIVATE EQUITY U.S. Court of Appeals for the Cooley Steers Weight Loss Co. Noom's $540M Series F Round District of Columbia Circuit Weight loss company Noom Inc. said Tuesday that it has raised about $540 U.S. Court of Appeals for the million in a Cooley LLP-advised funding round led by Silver Lake Partners, as Eleventh Circuit the digital startup seeks to help users reduce anxiety and stress, as well as U.S. Court of Appeals for the Fifth shed pounds. Circuit Read full article » U.S. Court of Appeals for the First Circuit EXPERT ANALYSIS U.S. Court of Appeals for the Ninth Circuit New Circuit Split Complicates Domestic Securities Test U.S. Court of Appeals for the The First Circuit's recent holding in U.S. Securities and Exchange Second Circuit Commission v. Morrone cements a new circuit split over when a securities U.S. Court of Appeals for the transaction is considered domestic, introducing new wrinkles to the already- Seventh Circuit vague standards courts have relied on to interpret the U.S. Supreme Court's Morrison test, say Eric Belfi and David Saldamando at Labaton Sucharow. U.S. Court of Appeals for the Sixth Circuit Read full article » U.S. Court of Appeals for the Third Circuit FDCPA Rulings Show Spokeo's Influence, 5 Years Later After the U.S. Supreme Court's 2016 Spokeo v. Robins decision made it U.S. Department of Health and harder for plaintiffs to establish violations of consumer protection statutes Human Services such as the Fair Debt Collection Practices Act, federal appeals courts didn't U.S. Department of Justice immediately fall in line — but recent decisions suggest that the tide may be U.S. District Court for the Central turning, say Brett Watson and Karl Riley at Cozen O'Connor. District of California Read full article » U.S. District Court for the Eastern District of New York Don't Forget Due Diligence In Race For Lateral Associate Hires U.S. District Court for the Eastern Amid high demand for associates and aggressive competition to attract District of Texas talent, law firms should take three key steps to conduct meaningful prehire U.S. District Court for the Northern due diligence and safeguard against lateral hiring mistakes that can hurt their District of Illinois revenue and reputation, says Michael Ellenhom at Decipher. U.S. District Court for the Southern Read full article » District of Florida U.S. District Court for the Southern LEGAL INDUSTRY District of New York U.S. Securities and Exchange 'Not A Flash In The Pan': BigLaw Racial Justice Aid Continues Commission A number of large law firms donated tens and hundreds of thousands of U.S. Supreme Court dollars last spring amid the racial reckoning brought on by the murder of George Floyd. A year later, Law360 Pulse looks at how law firms are following up on those initial donations. Read full article » Mayer Brown Selects Finance Partner As Next Chair Mayer Brown LLP announced on Tuesday that it has tapped a structured finance partner based in New York and Chicago to succeed its chair of nine years. Read full article » EFTA00025234 3 Takeaways On COVID-19's Impact On Law School Faculty A new study of law school faculty across the United States found that the COVID-19 pandemic has fundamentally changed how these educators see their responsibilities and continues to shape legal education's future. Read full article » Former Trump HI-IS Counsel Rejoins Greenberg Traurig The former general counsel of the U.S. Department of Health and Human Services has become the latest Trump administration official to return to BigLaw, joining Greenberg Traurig LLP's office in Washington, D.C., the firm said Tuesday. Read full article » Divided Senate Confirms Biden Pick For DOJ Civil Rights Post The Senate on Tuesday narrowly confirmed President Joe Biden's nomination of Kristen Clarke to lead the U.S. Department of Justice's Civil Rights Division after Republicans decried her call for "defunding aspects of policing." Read full article » Cooley Picks Up Veteran Tech Atty From Wilson Sonsini Continuing its latest hiring spree, Cooley LLP has added a veteran technology transactions attorney from Wilson Sonsini Goodrich & Rosati PC as a partner in its Palo Alto, California, office, the firm announced Tuesday. Read full article » GoExpedi Taps Former Andarko Atty As General Counsel Energy sector supply chain and e-commerce company GoExpedi said Tuesday that it has appointed a former Andarko Petroleum Corp. attorney as its general counsel. Read full article » Dechert Blasts ENRC's 'Conspiracy Theory' SFO Leak Claims Dechert LLP argued at trial on Tuesday that accusations that a former partner leaked confidential information to the Serious Fraud Office about the internal investigation he was leading into alleged corruption at Kazakh mining company ENRC "is the stuff of conspiracy theory." Read full article » CNN Can't Toss Dershowitz's $300M Defamation Suit Alan Dershowitz's $300 million defamation suit against CNN over its coverage of his legal representation of former President Donald Trump in his first impeachment trial can advance, a Florida federal judge ruled Tuesday, finding the attorney plausibly pled actual malice and the network presented an inaccurate abridgment of his statements. Read full article » Accused Atty Killer Can't Appeal Wrongful Death Settlement A Missouri appeals court on Tuesday threw out a bid by a man accused of shooting and killing an attorney to object to a settlement between a trust fund he operated and the attorney's family, saying that he has no standing to challenge the deal. Read full article » Orgs Say DOJ 'Doggedly' Moving To Cut Immigrant Legal Aid Legal services organizations warned in a Tuesday letter that the U.S. Department of Justice was "doggedly" insisting on policies that would frustrate a legal aid program for unrepresented immigrants in negotiations over the program's future. EFTA00025235 Read full article » Ex-Judges Press AG To Toss Trump-Era Immigration Opinions Dozens of retired immigration judges urged Attorney General Merrick Garland on Tuesday to revoke the immigration rulings of his Trump-era predecessors, slamming most of the binding opinions as departures from decades of settled immigration law. 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