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November 06, 2025
Skadden, Debevoise Lead Aquarian's $4.1B Brighthouse Buy
Skadden and Debevoise are advising on a new agreement for Aquarian Capital to purchase U.S. life insurer Brighthouse Financial Inc. in an all-cash transaction valued at about $4.1 billion, the companies announced Thursday.Â
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November 06, 2025
Insurer, Former Exec Settle In Military Housing Fraud Case
Military housing developers alleging that they were defrauded out of millions of dollars through excessive and undisclosed premiums and fees have struck a settlement agreement with two defendants, Ambac Assurance Corp. and its former managing director, Chetan Marfatia, court records show.
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November 06, 2025
Samourai Wallet Exec Gets 5 Years In Crypto Laundering Case
A Manhattan federal judge sentenced the CEO of crypto mixer Samourai Wallet to five years in prison Thursday after he admitted that his business facilitated big-dollar transfers derived from criminal activity including narcotics trafficking and extortion.
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November 06, 2025
2nd Circ. Orders New Look At Trump's Hush Money Case
In a published opinion, the Second Circuit on Thursday ordered a federal district judge to take a fresh look at President Donald Trump's attempt to move his New York hush money conviction to federal court, citing the U.S. Supreme Court's 2024 presidential immunity ruling as grounds for reconsidering the case.
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November 05, 2025
DOJ Clears Google's $32B Deal To Buy Cybersecurity Co. Wiz
Google's plan to acquire Wiz for $32 billion and integrate the growing cloud security platform into Google Cloud has cleared the U.S. Department of Justice's antitrust review, the tech giant confirmed Wednesday.
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November 05, 2025
Hedge Fund Fired Whistleblower Compliance Chief, Suit Says
The onetime U.S. compliance head of British hedge fund Capula Investment Management LLP has sued his former employer for allegedly retaliating against him after he blew the whistle internally on issues including the use of investor funds for expenses such as artwork and private jet travel.
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November 05, 2025
1st Circ. Questions Trump Admin On NIH Indirect Cost Cuts
A First Circuit panel seemed poised on Wednesday to uphold a district court decision finding that the Trump administration lacks the authority to cap indirect costs for research grants at the National Institutes of Health.Â
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November 05, 2025
Iraqi Kurdish Gov't Can't Claim Immunity In $490M Fight
The New York federal judge overseeing litigation between the Kurdistan Regional Government of Iraq and the subsidiary of a Kuwaiti logistics firm suing it over a $490 million judgment briefly unpaused the matter to declare the Kurdish government was not immune to the claims.
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November 05, 2025
Virgin Galactic Investors Push For Approval Of $8.5M Deal
Virgin Galactic agreed to pay $8.5 million to resolve a proposed class of investors' accusations that the space tourism company failed to disclose safety issues from two test flights, according to a motion to approve the deal filed Tuesday in New York federal court.
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November 05, 2025
2nd Circ. Revives Suit Against Broker Over Lead Paint Notice
The owner and manager of a New York City residential property can continue to pursue their negligence claim against their insurance broker after they said the broker failed to provide notice to their insurer about lead paint at the property, the Second Circuit ruled Wednesday.
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November 05, 2025
AGs Defend Bid To Intervene In DOJ's HPE Merger Deal
More than a dozen Democratic attorneys general have assailed the Justice Department and Hewlett Packard Enterprise for fighting their bid to peek behind the controversial settlement clearing HPE's $14 billion purchase of Juniper Networks, telling a California federal judge that Congress created court oversight for deals just like this. Â
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November 05, 2025
Mamdani Taps Ex-FTC Chief Lina Khan For NYC Transition
New York City Mayor-elect Zohran Mamdani on Wednesday named an all-woman transition team, including former Federal Trade Commission Chair Lina Khan, who attracted the ire of tech giants and corporations by spearheading the Biden administration's aggressive antitrust enforcement.
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November 05, 2025
Greenspoon Marder Adds NY Litigator, Aviation Expert
Greenspoon Marder LLP is expanding its litigation team, announcing Wednesday that it is bringing in an Arnon Tadmor-Levy commercial litigator and aviation expert as a partner in its New York office.
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November 05, 2025
Ex-Startup Exec Who Helped Defraud JPMorgan Gets 68 Mos.
A Manhattan federal judge hit an Israeli businessman with 68 months in prison Wednesday for joining with Frank founder Charlie Javice to trick JPMorgan into buying their failed financial aid startup for $175 million by using faked customer data.
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November 05, 2025
JPMorgan Latest Big Bank To Disclose 'Fair Banking' Scrutiny
JPMorgan Chase & Co. has disclosed that it is responding to government inquiries tied to President Donald Trump's "fair banking" executive order targeting alleged political and religious discrimination by financial institutions, following a similar disclosure from Bank of America Corp.
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November 05, 2025
Ex-Employees Agree To Return Data To Palantir In IP Case
Palantir has reached a stipulated temporary restraining order with two former employees accused of misusing company information, requiring them to return data, carry out forensic imaging and avoid working for rival Percepta AI.
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November 05, 2025
NY Bill Would Nix Mobile Telecom Services Sales, Excise Tax
New York would eliminate state sales and compensating use tax and state excise tax on mobile telecommunication services and authorize local governments to eliminate their portion of sales and use tax for such services under a bill introduced in the state Assembly.
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November 04, 2025
Jury Told $25M Crypto Win Was Fraud, MIT Bros Call It Legit
Manhattan federal prosecutors on Tuesday told jurors that two MIT-educated brothers pulled off a meticulously planned $25 million crypto heist by ripping off other traders they didn't like, while defense counsel argued that the government is trying to take a legitimate "sharp-edged" trading strategy and turn it into a crime.
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November 04, 2025
HBO Max Users' Privacy Claims Sent To 2 Arbitration Forums
A New York federal judge has allowed two former HBO Max subscribers to arbitrate in the forum of their choice claims that the streaming service illegally shared their identity and video-viewing habits with Meta Platforms Inc., while ordering three other plaintiffs to resolve their disputes in the arbitration venue selected by the media company.Â
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November 04, 2025
Ex-Beneficient CEO Stole $150M From GWG, Feds Say
The former CEO of Texas financial services firm Beneficient allegedly created a fraudulent scheme to loot more than $150 million from now defunct GWG Holdings, a publicly traded company for which he served as chairman, according to a New York federal grand jury indictment unsealed Tuesday.
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November 04, 2025
Manhattan DA Alvin Bragg Defeats 2 To Win Reelection
Manhattan District Attorney Alvin Bragg sailed to reelection Tuesday, defeating a Republican former public defender and an independent former prosecutor who had both accused him of being soft on crime.
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November 04, 2025
NY Judge Rejects Smoke Shop's Quick Win In Tribal RICO Suit
Retailers sued by the Cayuga Nation over operating unsanctioned smoke shops on tribal land cannot escape the tribe's RICO claims, a New York federal judge ruled Tuesday, saying the tribe sufficiently alleged the retailers used revenue from untaxed tobacco and cannabis to stand up a competing business that harmed the tribe.
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November 04, 2025
2nd Circ. Won't Revive COVID Death Suits Against Cuomo
Former New York Gov. Andrew Cuomo and other state officials don't have to face claims blaming them for COVID-related deaths in nursing homes stemming from directives seeking to lessen the strain on hospitals, the Second Circuit ruled Tuesday, finding the defendants are entitled to qualified immunity amid a public health crisis.
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November 04, 2025
Industry, Enviros Oppose EPA Plan To Ditch GHG Reporting
Industry and environmental groups alike are pushing back against the U.S. Environmental Protection Agency's proposal to repeal a program that requires power plants, fossil fuel and natural gas suppliers, and other facilities to report their greenhouse gas emissions.
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November 04, 2025
Alexander Bros. Hit The Real Deal With $500M Defamation Suit
Amid drugging, sexual assault and sex-trafficking charges, two ex-Douglas Elliman employees and their brother have hit real estate news outlet the Real Deal with a $500 million defamation suit in New York state court, claiming that the outlet deliberately wrote "defamatory" articles about them so that it could "shamelessly grab clicks and boost revenue."
Expert Analysis
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If Justices Accept, Maxwell Case May Clarify Meaning Of 'US'
If the U.S. Supreme Court agrees to take up Ghislaine Maxwell’s appeal, it could clarify the meaning of “United States” in the context of plea agreements, and a plain language interpretation of the term would offer criminal defendants fairness and finality, say attorneys at Kudman Trachten.
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Series
Law School's Missed Lessons: Teaching Yourself Legal Tech
New graduates often enter practice unfamiliar with even basic professional software, but budding lawyers can use on-the-job opportunities to both catch up on technological skills and explore the advanced legal and artificial intelligence tools that will open doors, says Alyssa Sones at Sheppard Mullin.
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How AI May Reshape The Future Of Adjudication
As discussed at a recent panel at Texas A&M, artificial intelligence will not erase the human element of adjudication in the next 10 to 20 years, but it will drive efficiencies that spur private arbiters to experiment, lead public courts to evolve and force attorneys to adapt, says Christopher Seck at Squire Patton.
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When Legal Advocacy Crosses The Line Into Incivility
As judges issue sanctions for courtroom incivility, and state bars advance formal discipline rules, trial lawyers must understand that the difference between zealous advocacy and unprofessionalism is not just a matter of tone; it's a marker of skill, credibility and potentially disciplinary exposure, says Nate Sabri at Perkins Coie.
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2 NY Rulings May Stem Foreign Co. Derivative Suits
In recent decades, shareholders have challenged the internal affairs doctrine by bringing a series of derivative actions in New York state court on behalf of foreign corporations, but the New York Court of Appeals' recent rulings in Ezrasons v. Rudd and Haussmann v. Baumann should slow that trend, say attorneys at Cleary.
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Despite Rule Delay, FTC Scrutiny Looms For Subscriptions
Even though the Federal Trade Commission has delayed its click-to-cancel rule that introduces strict protocols for auto-renewing subscriptions, businesses should expect active enforcement of the new requirements after July, and look to the FTC's recent lawsuits against Uber and Cleo AI as warnings, say attorneys at Holland & Knight.
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Colo. Antitrust Law Signals Growing Scrutiny Among States
Colorado's recently enacted Uniform Antitrust Pre-Merger Notification Act makes it the second state to add such a requirement, reflecting a growing trend and underscoring the need for merging parties to plan for a more complex and multilayered notification landscape for deals, say Puja Patel and Noa Gur-Arie at Cleary.
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AGs Take Up Consumer Protection Mantle Amid saąúĽĘ´«Ă˝ Cuts
State attorneys general are stepping up to fill the enforcement gap as the Trump administration restructures the Consumer Financial Protection Bureau, creating a new regulatory dynamic that companies must closely monitor as oversight shifts toward states, say attorneys at Cozen O’Connor.
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Va.'s Altered Surcharge Law Poses Constitutional Questions
Virginia's recently amended consumer protection law requiring sellers to display the total price rather than expressly prohibiting surcharges follows New York's recent revision of its antisurcharge statute and may raise similar First Amendment questions, says attorneys at Stinson.
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Series
Volunteering At Schools Makes Me A Better Lawyer
Speaking to elementary school students about the importance of college and other opportunities after high school — especially students who may not see those paths reflected in their daily lives — not only taught me the importance of giving back, but also helped to sharpen several skills essential to a successful legal practice, says Guillermo Escobedo at Constangy.
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Attacks On Judicial Independence Tend To Manifest In 3 Ways
Attacks on judicial independence now run the gamut from gross (bald-faced interference) to systemic (structural changes) to insidious (efforts to undermine public trust), so lawyers, judges and the public must recognize the fateful moment in which we live and defend the rule of law every day, says Jim Moliterno at Washington and Lee University.
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High Court Birthright Case Could Reshape Judicial Power
Recent arguments before the U.S. Supreme Court in cases challenging President Donald Trump’s birthright citizenship executive order primarily focused on federal judges’ power to issue nationwide injunctions and suggest that the upcoming decision may fundamentally change how federal courts operate, says Mauni Jalali at Quinn Emanuel.
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Series
Law School's Missed Lessons: Appreciating Civil Procedure
If you’re like me, law school’s often complex and theoretical approach to teaching civil procedure may have contributed to an early struggle with the topic, but when seen from a practical perspective, new lawyers may find they enjoy mastering these rules, says Chloe Villagomez at Foster Garvey.
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Calif. Bar Exam Fiasco Shows Why Attys Must Disclose AI Use
The recent revelation that a handful of questions from the controversial California bar exam administered in February were drafted using generative artificial intelligence demonstrates the continued importance of disclosure for attorneys who use AI tools, say attorneys at Troutman.
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The Sentencing Guidelines Are Commencing A New Era
Sweeping new amendments to the U.S. sentencing guidelines — including the elimination of departure provisions — intended to promote transparency and individualized justice while still guarding against unwarranted disparities will have profound consequences for all stakeholders, say attorneys at Blank Rome.