An attorney for Lynn Tilton told Administrative Law Judge Carol Fox Foelak that major Wall Street "sharks" went in with their eyes wide open in investing in three collateralized loan obligations run by Tilton and her Patriarch Partners group, now accused of fraud by the Securities and Exchange Commission.
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Manhattan Acting Supreme Court Justice Barry Ostrager ruled the lawsuit was time-barred, noting the transactions at issue occurred under a two-year, not a three-year, statute of limitations.
When David Sanford earned a record $250 million jury verdict for a sex discrimination and gender pay class-action in 2010, he made more than history. He outlined a business plan for a practice many lawyers say can be a difficult business: Taking on the gender pay gap.
Since President Barack Obama signed the Lilly Ledbetter Fair Pay Act, which lengthened the statute of limitations for plaintiffs to file lawsuits alleging pay discrimination, he and executive branch regulatory agencies have focused on ensuring that men and women are paid equally.
The Third Department overturned a finding by a trial court judge who in 2015 sided with seven municipalities and their tax assessments on fiber optic cable installations made by Level 3 Communications on private rights-of-way.
It has been nearly 20 years since the Paycheck Fairness Act, meant to remedy pay inequality between men and women in the workplace, was first introduced in Congress. Since then, this legislation has been reintroduced and failed to pass over and over. With the federal legislation languishing, equal-pay advocates and politicians have turned to statehouses across the country to get equal-pay laws passed.
AT&T Inc.’s proposed $85 billion purchase of Time Warner Inc. will face intense regulatory scrutiny from antitrust enforcers, members of Congress and consumer advocates. But, even in an aggressive antitrust climate, the deal could still find a path to regulatory approval.
A petit larceny charge against public interest lawyer Arthur Schwartz, who was hit with the charge last year after he removed surveillance cameras from outside of his client's apartment, was dismissed on Monday with the attorney agreeing to make restitution of $720.
Western District U.S. Attorney William Hochul Jr. will become general counsel of the corporation that owns the Boston Bruins hockey team when he retires, the entertainment and hospitality group Delaware North Companies announced Monday.
An appeals court said a man was improperly sentenced when he could not pay the fee for a court-ordered monitoring device following his felony drunken-driving conviction.
An Orange County judge said prosecutors may charge a woman who sued the Newburgh Housing Authority with making a terroristic threat for implying to an attorney for the housing authority that she would kill people in a church unless there was a settlement in the case.
An appeals court's intervention is needed to determine the fairness of a student's dismissal from a State University of New York campus for alleged unwanted sexual contact with another student, a Supreme Court justice decided.
Kathleen Kane, Pennsylvania's former attorney general, has been sentenced to 10 to 23 months in jail and eight years of probation for perjury, official oppression and related charges, after a jury found that she was guilty of deliberately leaking secret investigative information, then lying about it under oath.
A federal judge in Pennsylvania admonished the Federal Trade Commission for threatening to "pick up its marbles" and go elsewhere for not getting the desired ruling in a reverse payment case involving painkillers.
Jared Zola and Lisa M. Campisi of Blank Rome write: The decision to declare an integrated occurrence is frequently not without risk. Policyholders must therefore be attentive to not only policy language and claims analysis, but also case specific risk-based subjective inquiry and business judgment.
Home-sharing service Airbnb has filed a lawsuit in the Southern District after Governor Cuomo signed a bill Oct. 21 imposing high fines on users who advertise rentals on home-sharing sites that can't be legally rented under NY state and NYC laws.
With a retrial looming for Dewey's former leaders, a key prosecution witness has reached a new plea agreement that could help reduce his sentence.
Right now, most indigent homicide defendants in New York City are defended by individual attorneys who are vetted by appellate court committees and appointed by trial judges. Starting in July, the city apparently plans to give institutional providers first crack at the homicide cases.
A Second Circuit panel was urged Thursday to allow the public to read a 1,000-page report from the compliance monitor who is overseeing a deferred-prosecution agreement between HSBC Bank USA and the U.S. Justice Department.
Westchester voters are set to choose a new district attorney in the general election Nov. 8, and what has been a quiet race may be reshaped by two upcoming televised debates.
Donald Trump supporters went on defense after the debate where he said he would keep the country "in suspense" about whether he'd accept the results of the election, comparing his stance to Gore's decision to contest the results in Florida in 2000. In interviews with Law.com, lawyers involved in 'Bush v. Gore' had mixed reactions to the comparison.
The Federal Communications Commission defended its "robocall" regulations Wednesday against tough questions from a Washington appeals panel, which appeared sympathetic at times to arguments from companies that the rules extend too far and open a door to class actions.
U.S. Supreme Court Justices Ruth Bader Ginsburg and Sonia Sotomayor will sit with the judges of the U.S. Court of Appeals for the Second Circuit Wednesday in a special session to commemorate the circuit's 125th anniversary.
The American Bar Association body that accredits law schools voted on Friday to tighten the bar exam-passage standard that schools must meet in order to get the organization’s accreditation blessing.
U.S. Supreme Court Justice Ruth Bader Ginsburg—a passionate, lifelong opera fan—will have a speaking part as The Duchess of Krakenthorp in the Nov. 12 opening night of "The Daughter of the Regiment," presented by the Washington National Opera.
Kellogg Huber Hansen Todd Evans & Figel and Korein Tillery together earned more than $1 billion for helping the National Credit Union Administration pursue many of the world's largest banks over their roles in the subprime mortgage meltdown, the NCUA said Thursday.
Nassau County Executive Edward Mangano was indicted on Thursday alongside Town of Oyster Bay Supervisor John Venditto on bribery charges related to a kickback scheme with a local restaurateur and a no-show job for Mangano's wife, who was also indicted, the U.S. Attorney for the Eastern District of New York has announced.
Home-sharing service Airbnb and its critics are trying to influence the governor with last-minute comments as he decides whether to approve or veto a bill imposing stiff penalties for advertising units that aren't legally available for short-term rentals under New York state and city laws.
A state appeals court found the prosecution failed to provide evidence to overcome qualified protections afforded to journalists and their sources.
Of the 37 open state Supreme Court judgeships, 30 are races where major-party candidates—typically, Democrats in New York City or Republicans outside the city—have been cross-endorsed by the other party or face no major-party opponent.
He's a senior partner at the firm—an accomplished, 50-year attorney and beloved mentor—who has begun to arrive late for court. He forgets key facts in cases. He dresses a little sloppily. He's frequently impatient and quick to anger. It's a scenario that's becoming more common as baby boomers enter retirement age.
The legal academy has found a generous new benefactor in the Charles Koch Foundation, which has awarded nearly $17 million to four law schools since April and appears to be newly focused on harnessing legal educators to further research in several areas, including free-market economics and criminal justice reform.
U.S. banking regulators on Wednesday unveiled a proposal to enhance cybersecurity risk-management and resilience standards for the largest banks and their interconnected entities.
The final presidential debate Wednesday night left unanswered a raft of questions about the future of the U.S. Supreme Court, including the fate of nominee Merrick Garland, and instead focused on the candidates' well-versed positions on guns and abortion.
New York's highest court unanimously ruled Oct. 20 that Alan Simon, justice of Spring Valley Vintage Court and Ramapo Town Court in Rockland County, was properly removed from office for displaying injudicious temperament.
State Attorney General Eric Schneiderman said his office doesn't have jurisdiction to investigate the fatal police shooting of a mentally ill 66-year-old woman in New York City.
A federal magistrate judge in California on Wednesday granted the National Labor Relations Board permission to issue nationwide subpoenas to investigate whether Uber drivers who brought complaints against the ride-hailing company are statutory employees with the ability to sue under the National Labor Relations Act.
For the second time in two years, federal regulators have hit a major broadband provider for tens of millions of dollars over alleged deceptive practices about "unlimited" data plans.
The call of the calendars required by Section 600.12(c) of the Rules of Practice of the Appellate Division, First Department, will be held on Oct. 27.
Sanctuary for Families board president William Gorin and executive director Judy Harris Kluger honored more than 30 attorneys from nine law firms Wednesday at the 2016 Above & Beyond Pro Bono Awards ceremony.
The prosecution's argument hinges on a videotaped confession in a case with no DNA or witnesses.
Acting Brooklyn DA Eric Gonzalez has made clear he will continue the policies of the late DA Kenneth Thompson, his former boss.
Non-nuclear power generators filed suit in federal court for the Southern District Oct. 19 alleging that a plan by the Cuomo administration to subsidize nuclear power in the state through a Zero Emission Credit program is illegal.
The copying is so obvious, K&L Gates partner Jerry McDevitt says in his motion to impose Rule 11 sanctions on the wrestlers' attorneys, that the wrestlers alleged that former Pittsburgh Steeler Mike Webster sustained "repeated and disabling head impacts while a wrestler for the Steelers."
Latham & Watkins has received a license from the Korean Ministry of Justice to open a foreign legal consultant office in Seoul.
A woman has joined her husband in pleading guilty to charges stemming from an explosion that injured a New York state prison guard outside his home.
Judges from along the Eastern seaboard convene at Fordham University School of Law Wednesday night for a discussion on the intersection between civil and criminal access to justice and how to better handle the overlapping deficiencies in both systems.
The Fortune Society, a nonprofit offering services to formerly incarcerated men and women, celebrated its 50th anniversary at its 2016 Annual Fall Benefit, which raised $530,000.
The judges of the Appellate Division, Third Department, have approved higher fees for examiners appointed to review the annual reports required of guardians, committees or conservators in New York.
New York City brokerage firm Douglas Elliman is accusing two of its former top real estate agents and a competing firm of using "not subtle" tactics to poach real estate agents, violating a nonsolicitation agreement, and for tortious interference with contract.
Members of New York's highest court on Tuesday wrestled with whether state common law protects against the public performance of pre-1972 music without paying the artists who hold the copyrights.
A state judge has upheld approval of an annexation bid that would allow an insular ultra-Orthodox Jewish village to greatly expand, an action opponents fear would attract a flood of new residents and overwhelm the rural character of the surrounding area.
In barring Baker & Hostetler from defending real estate companies accused of laundering the proceeds of a $230 million fraud on the Russian Treasury, the Second Circuit Monday addressed the standard for disqualification in a new context: a motion to disqualify made by a nonparty, nonwitness.
Webster Tarpley, who runs an eponymous news website, faced Trump's ire after he published an article reciting rumors about her past work as a model, including that she may have worked as an escort—an allegation she denies. She sued Tarpley last month, along with the British tabloid the Daily Mail, which published similar claims.
The "emergency doctrine" exception to unreasonable searches under the Fourth Amendment applies when the "life" that law enforcement officers are acting to protect is that of an animal, and not just a human, a town justice ruled.
An all-day program on criminal law, procedure and ethics will be held on Oct. 29 at Brooklyn Law School to honor Robert Pitler, a professor at the school from 1988 until his death last year.
In a letter Monday to the four state election commissioners, Attorney General Eric Schneiderman said a survey by his office showed inconsistent written rules and training by county boards of elections.
Republican presidential nominee Donald Trump's charitable foundation has said it has stopped fundraising in New York as it prepares financial reports, according to the state attorney general's office.
Kramer Levin, Covington & Burling and White & Case announce promotions, while other firms and the Bronx District Attorney's Office announce new additions.
Fordham University School of Law’s Feerick Center for Social Justice celebrated its 10th anniversary as well as the 80th birthday of its founder, John Feerick, on Monday at Mutual of America. Awards were given for careers dedicated to service.