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New York Law Journal

FTX Co-Founder Testifies 'Special Privileges' for Alameda Led to $8 Billion Shortfall

On direct examination, FTX co-founder and chief technical officer Gary Wang testified at length about Alameda's "special privileges" on FTX. Bankman-Fried and Wang also owned Alameda.
4 minute read

New York Law Journal

'A Discombobulated Package'?: Trump Lawyers Urge Dismissal of Manhattan DA's Prosecution

In addition to dismissal, the motion seeks hearings over alleged selective prosecution and purported leaks of grand jury material.
3 minute read

New York Law Journal

Sam Bankman-Fried Attorney Presents Client as Well-Meaning 'Math Nerd' in Opening Statement

Defense attorney Mark S. Cohen said it's "not a crime to try to get Tom Brady to go on ads for your company," but federal prosecutors painted Bankman-Fried as a serial liar.
3 minute read

The Recorder

Sam Bankman-Fried Sues Insurer to Cover Defense Costs in New York Criminal Trial, Other Litigation

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit."
3 minute read

New York Law Journal

'Let's Get the Case Moving': Menendez Bribery Trial Scheduled for May

Stein appeared eager to move ahead with the case despite concerns from some attorneys about the quick pace.
4 minute read

The Legal Intelligencer

Philadelphia City Solicitor to Rejoin Morgan Lewis as Partner

Diana Cortes spent five years at the firm early in her career. In 2020, she became the first Latina city solicitor in Philadelphia's history.
3 minute read

Corporate Counsel

Ex-Cognizant Legal Chief's Bribery Trial Delayed as DOJ Scrambles to Get Star Witness to Court

A former colleague who lives in India—whom the government considers its most important witness—is unable to leave the country because he surrendered his passport to authorities there investigating him.
5 minute read

New York Law Journal

Artificial Intelligence: Avoiding Pitfalls on the Path Forward

The rise of artificial intelligence (AI), and the buzz surrounding it, has many companies embracing its benefits. But as the use of AI increases, so…
8 minute read

The Legal Intelligencer

McCarter & English Adds White-Collar Litigator From Armstrong Teasdale in Phila.

Daniella Gordon, who specializes in construction litigation and white-collar defense, is the fifth partner to leave Armstrong Teasdale in Philadelphia in the last month.
4 minute read

New York Law Journal

Bankman-Fried Trial Judge Orders FTX Founder to Stay in Federal Lockup

U.S. District Judge Lewis Kaplan found that the MDC has made "extraordinary accommodations" to allow Bankman-Fried to assist in his own defense from jail. He also said he was "wondering more" if the ex-crypto entrepreneur could be a flight risk.
3 minute read

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