https://www.law360.com/newyork?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: New York Copyright 2026 Portfolio Media, Inc. en-US Tue, 26 May 2026 22:29:42 +0000 https://www.law360.com/newyork/articles/2481956?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481956 A compliance lawyer convicted at trial for allegedly conning an Emigrant Bank unit out of $20 million by lying about his investment firm's tax lien collateral was sentenced Tuesday in Manhattan federal court to a year and a day in prison for what prosecutors say was a straight-up scheme to steal from a Federal Deposit Insurance Corporation-insured bank.  Tue, 26 May 2026 21:38:14 +0000 https://www.law360.com/newyork/articles/2481844?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481844 New York borrowers have urged the U.S. Supreme Court to again revive their claims for millions in mortgage escrow interest from Bank of America, arguing the Second Circuit's recent decision to free the bank for a second time still gets federal banking preemption wrong. Tue, 26 May 2026 21:12:23 +0000 https://www.law360.com/newyork/articles/2481751?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481751 A company and its insurer have accused China Construction Bank Corp. of issuing fraudulent letters of credit valued at nearly $10 million, claiming in Illinois federal court that the country's largest bank has refused to honor reinsurance agreements the parties signed. Tue, 26 May 2026 20:49:15 +0000 https://www.law360.com/newyork/articles/2481943?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481943 A group of 44 attorneys general for states including California, New York, New Jersey and Michigan have created a coalition opposing the House version of the Kids Internet and Digital Safety Act, H.R. 7757, and signed a letter to congressional leaders pointing out the shortcomings of the bill. Tue, 26 May 2026 20:12:14 +0000 https://www.law360.com/newyork/articles/2481986?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481986 The Fourth Circuit refused Tuesday to reopen a proposed class action claiming a private equity firm violated federal laws by abruptly shutting down a manufacturing plant, ruling decades-old U.S. Supreme Court precedent barred the former workers from suing simply to collect on a judgment against the manufacturer. Tue, 26 May 2026 19:32:15 +0000 https://www.law360.com/newyork/articles/2481639?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481639 A proposed class of drivers is suing Kia America Inc. in California federal court, alleging its 2023-2025 Kia Telluride vehicles have a latent defect that causes the digital dashboard screen to go blank, depriving drivers of important information such as speed, safety alerts and gears. Tue, 26 May 2026 18:09:40 +0000 https://www.law360.com/newyork/articles/2482060?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2482060 A former mergers and acquisitions attorney who federal prosecutors say orchestrated a massive insider trading scheme using information stolen from law firms will be arraigned in Boston next week.  Tue, 26 May 2026 17:03:36 +0000 https://www.law360.com/newyork/articles/2481857?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481857 The U.S. Securities and Exchange Commission is close to wrapping a lawsuit accusing Icaro Media Group Inc. and its CEO of selling investors a $22 million false narrative about the planned launch of a sports media smartphone application, telling a New York federal court on Tuesday that the parties have agreed to settle the case. Tue, 26 May 2026 16:34:07 +0000 https://www.law360.com/newyork/articles/2481839?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481839 New York's highest court has affirmed the murder conviction of a man who, along with his wife, killed a neighbor, finding on Tuesday that though his trial transcript was "utterly inexcusable" — frequently containing "blah blah blah," "omitted" or "undecipherable characters instead of the words actually spoken" — it was sufficiently reconstructed. Tue, 26 May 2026 15:37:30 +0000 https://www.law360.com/newyork/articles/2481700?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481700 Lowenstein Sandler LLP has added a former Steptoe LLP attorney to its mergers and acquisitions and capital markets and securities practices, the firm announced Tuesday. Tue, 26 May 2026 12:38:46 +0000 https://www.law360.com/newyork/articles/2481810?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481810 A Second Circuit judge on Tuesday questioned a Manhattan federal judge's decision to deny bail to prolific cooperator Jona Rechnitz while he appeals a five-month sentence for facilitating bribery inside the New York Police Department and in a law enforcement union, saying the lower court appeared "annoyed" when bail was mentioned. Tue, 26 May 2026 10:29:53 +0000 https://www.law360.com/newyork/articles/2479987?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2479987 The U.S. Supreme Court on Tuesday turned down a Teamsters retiree's bid for review of the dismissal of his proposed class action alleging that union multiemployer plan trustees and advisers allowed risky investments and hefty plan management fees, leaving in place a Second Circuit decision from November. Tue, 26 May 2026 09:50:37 +0000 https://www.law360.com/newyork/articles/2466441?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2466441 The U.S. Supreme Court on Tuesday declined to review a Second Circuit opinion finding the National Football League's arbitration process unenforceable, in a case that sought clarity on whether district courts have authority to decide whether an arbitration process is fair. Mon, 25 May 2026 20:01:25 +0000 https://www.law360.com/newyork/articles/2470226?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2470226 This past year, 10 lawyers across the country at plaintiffs' firms big and small helped secure millions of dollars in settlements and verdicts for their clients, going up against powerful defendants like Google, Monsanto and the Trump administration, earning the attorneys recognition as Law360's Titans of the Plaintiffs Bar for 2026. Fri, 22 May 2026 23:27:30 +0000 https://www.law360.com/newyork/articles/2481429?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481429 A New York federal judge Friday tossed author Michael Wolff's bid to secure a declaration that statements he made about Melania Trump's alleged relationship with child sex offender Jeffrey Epstein were not defamatory, saying the court won't be "conscripted to oversee an abusively presented spat." Fri, 22 May 2026 23:24:23 +0000 https://www.law360.com/newyork/articles/2481432?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481432 Catch up on this past week's key developments by state from Law360 Real Estate Authority — including a $69 billion merger in the residential sector, a dramatic transformation in Florida's West Palm Beach, and the landmark housing bill creating strange bedfellows in Congress. Fri, 22 May 2026 22:35:30 +0000 https://www.law360.com/newyork/articles/2481266?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481266 Creating a multibillion-dollar competition between Illinois and Indiana to build the Chicago Bears' new stadium is a strategy that has become increasingly popular among pro franchises that can leverage tax and financial incentives, and even real estate deals. Fri, 22 May 2026 20:52:10 +0000 https://www.law360.com/newyork/articles/2480917?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2480917 State enforcers say they want a federal court to split up Live Nation and Ticketmaster following a New York federal jury verdict that Live Nation had harmed competition by monopolizing ticket sales for large concert venues, even as the concert promotion giant sought to undo the verdict against it or to be granted a new trial. Fri, 22 May 2026 20:25:44 +0000 https://www.law360.com/newyork/articles/2481224?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2481224 Nexstar Media Group Inc. told a California federal court it needs to merge with Tegna Inc. to compete more effectively, especially with streaming services owned by the Big Tech giants, as it faces a challenge to the deal from state enforcers and DirecTV. Fri, 22 May 2026 19:53:03 +0000 https://www.law360.com/newyork/articles/2480870?utm_source=rss&utm_medium=rss&utm_campaign=section https://www.law360.com/newyork/articles/2480870 The U.S. Supreme Court's recent holding that multiemployer plan actuaries can retroactively change the assumptions used to calculate employers' withdrawal liability could increase the price tag for pulling out of those pension plans, attorneys say.