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December 03, 2024 | New York Law Journal

Judicial Ethics Opinion 24-70

A full-time judge may not accept an invitation from the judge’s spouse to discuss legal issues arising in the judge’s court at a “lunch and learn” meeting sponsored by the spouse’s for-profit employer.
5 minute read
December 02, 2024 | New York Law Journal

Decision of the Day: Judge Denies Standing for Plaintiffs in Copyright Suit Over AI Training of ChatGPT

This ruling was selected and summarized by the New York Law Journal's decision editors.
2 minute read
December 02, 2024 | New York Law Journal

NY Court Leaders Ask for 10% Judiciary Budget Increase

New York's proposed $3 billion, 2026 judiciary budget asks for a $268 million increase to maintain operations, meet required obligations and continue advances in this year's budget and to improve case processing, address backlogs and continue expansion of access-to-justice programs statewide.
4 minute read
December 02, 2024 | National Law Journal

2 Federal Judges Rescind Senior Status After Trump Win. Might More Follow?

Currently, seven district and appellate judges have conditioned their retirements on the confirmation of a successor. Those judges have the authority to reverse their decision.
5 minute read
December 02, 2024 | New York Law Journal

JPMorgan, Tesla Call Off $162M Stock Warrant Case

The companies informed the Manhattan federal court on Friday that they were dropping the case with prejudice.
2 minute read
December 02, 2024 | New York Law Journal

Ex-CEO Michael Jeffries Sues Abercrombie, Claiming Company Must Cover Legal Fees in Sex Trafficking Case

Jeffries claims the company is beholden to an indemnification agreement that requires it cover the criminal case because he's accused of using his "power as CEO" to perpetual the alleged sexual abuse.
3 minute read
December 02, 2024 | New York Law Journal

Former Cahill Executive Committee Member, Leveraged Finance Pioneer Dies at 67

Daniel Zubkoff helped Cahill rise to prominence in capital markets and banking and finance practices.
2 minute read
December 02, 2024 | New York Law Journal

The Corporate Transparency Act: One Year Later With Deadline Looming

Ben Thompson provides a general overview of the CTA and what has occurred as the one-year anniversary—and Jan. 1, 2025 deadline for compliance approaches, covering some of the reporting requirements and exemptions, as well as a reminder of the penalties for non-compliance.
4 minute read
December 02, 2024 | The American Lawyer

Kirkland Hires Real Estate Finance Partners in New York

Kirkland & Ellis has announced the addition of two real estate partners in New York—one from Schulte Roth & Zabel and the other from Fried, Frank, Harris, Shriver & Jacobson.
2 minute read
December 02, 2024 | New York Law Journal

Ninth Circuit Rules on Inherent Authority and FRCP 37(e)

The authors write "In this space nine years ago, nearly to the day, we analyzed the newly-enacted amendments to the Federal Rules of Civil Procedure relating to e-discovery. These amendments included a new Rule 37(e), designed to govern the imposition of sanctions by a court when a party has failed to preserve electronically stored information (“ESI”), thus resolving a circuit split on the degree of culpability required for certain sanctions."
8 minute read

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