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September 18, 2024 | National Law Journal

SDNY Judge Dismisses Antitrust Class Action Alleging Global Bank Price-Fixing Conspiracy

"Here, the plaintiff has failed to allege any facts to show that the defendants engaged in parallel conduct that suggests the existence of a price-fixing conspiracy and each defendant's participation in that conspiracy," U.S. District Judge John G. Koeltl wrote in his memorandum opinion. "This kind of barebones group pleading of parallel conduct is insufficient."
2 minute read
September 18, 2024 | New York Law Journal

US Judge Again Denies Bail to Sean Combs Pending Trial for Alleged Sex Crimes

U.S. District Court Judge Andrew Carter said he found the government had proven that Combs posed a danger of obstructing justice and witness tampering, as well a danger to the safety of those in the community.
3 minute read
September 18, 2024 | New York Law Journal

The Excessive Fines Clause Comes for the FBAR Civil Penalty

"But long before Congress adopted this penalty structure, the Eighth Amendment to the Constitution prohibited the federal government from imposing 'excessive fines,'" writes Jeremy H. Temkin.
9 minute read
September 18, 2024 | New York Law Journal

NY Courts' Legislative Counsel Served for 50 Years Because of 'Opportunity to Stay Relevant'

Marc Bloustein tenure's spans his entire professional career after graduating Albany Law School, and even as an intern, upon the court system opening a new office in Albany in the 1970s.
7 minute read
September 18, 2024 | Law.com

Allstate Sues String of Pharmacies Over Alleged Insurance Fraud

"As part of the scheme to defraud alleged herein, the pharmacy defendants entered into illegal kickback arrangements with no-fault clinics in the New York metropolitan area and unlicensed laypersons who work at or are associated with the no-fault clinics pursuant to which the no-fault clinics prescribed expensive, pre-formulated topical pain creams, gels, lotions and ointments dispensed and billed at exorbitant prices by [the pharmacies]," the complaint said.
3 minute read
September 18, 2024 | New York Law Journal

Harvey Weinstein Arraigned on Newly Unsealed Indictment

Weinstein pleaded "not guilty" to charges of criminal sexual act in the first degree.
2 minute read
September 18, 2024 | New York Law Journal

Allocation of Income From Restricted Share Units

"Determining the New York taxation of nonresident employees who receive deferred compensation adds an additional level of complexity," writes David E. Kahen.
7 minute read
September 18, 2024 | The Legal Intelligencer

2024 Election Litigation Will Be Just as Hectic as 2020 Despite Fewer Disputes, Attorneys Say

"It seems to have crept into the mindset of elected officials that, we have the election, and then we got to go to court," Kleinbard's Matthew Haverstick said.
6 minute read
September 18, 2024 | National Law Journal

Federal Reserve's Half-Point Rate Cut Expected to Have an Impact on Crypto Litigation, Experts Say

The Federal Reserve's actions could lead to bigger litigation budgets and a higher degree of risk tolerance in the cryptocurrency space, said Alex More, a partner and head of litigation of Carrington, Coleman, Sloman & Blumenthal.
3 minute read
September 18, 2024 | New York Law Journal

Pryor Cashman's New Leader Plans Growth, but 'Embraces' Firm Independence

Ron Shechtman said Pryor Cashman "has been certain and unequivocal in our lack of desire to become part of another firm, or to integrate another firm into ours."
3 minute read

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