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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 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
August 12, 2024 | Corporate Counsel

Chasing Goals Won't Give Frazzled In-House Lawyers Inner Peace, But a 'Mental Cleanse' Might

"Happiness can be consciously cultivated through certain actions anyone can take which are not at all dependent upon your external circumstances," said Mark LoSacco, a former in-house leader at HSBC and American Express who now helps legal department attorneys find greater fulfillment.
5 minute read
August 07, 2024 | New York Law Journal

Recent Developments Under New York's Amended Whistleblower Protection Law

"Ensure that employment policies include clearly defined channels of communication which allow employees to raise concerns," write Nicholas J. Pappas and Elena Modl.
9 minute read
August 06, 2024 | New York Law Journal

Departmental Schism Re Post-Judgment Reviewability of Sua Sponte Orders Continues

"The statute and 'Sholes' impose an onerous time-consuming process upon the aggrieved party who may be in need of immediate relief from a sua sponte order," writes Elliott Scheinberg.
8 minute read
July 19, 2024 | Litigation Daily

Litigator of the Week Runners-Up and Shout-Outs

Runners-up this week include litigation teams at Kirkland, Kobre & Kim, O'Melveny and Sullivan & Cromwell.
6 minute read
July 12, 2024 | New York Law Journal

Second Department Seeks Termination of Sua Sponte Dismissals of Complaints

While it's well settled law in all four appellate departments that "a court's power to dismiss a complaint, sua sponte, is to be used sparingly and only when extraordinary circumstances exist to warrant dismissal," trial courts continue to disregard this stentorian directive with no end in sight.
11 minute read
July 11, 2024 | The Recorder

Gibson Dunn Secures Defense Win for HSBC in 'Trade Secrets' Lawsuit

In an order released Tuesday in the California Northern District Court, Magistrate Judge Laurel Beeler dismissed most of the claims made against London-based HSBC Holdings, HSBC entities HSBC USA (HUSI) and HSBC UK (HBUK), current HBUK employee and former SVB senior executive David Sabow and six former SVB employees.
4 minute read
July 02, 2024 | New York Law Journal

Lenders Blasted for 90-Day Notice (With One Saving Grace)

While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
9 minute read
July 01, 2024 | Corporate Counsel

In-House Moves of Month: Old-Line Fortune 500 Firms Change Out Legal Chiefs

On the other end of the spectrum, upstarts such as ByteDance, Skydance and SoFi Technologies filled key legal roles with high-profile hires.
4 minute read

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