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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 | The American Lawyer

The 2024 Global 200: The Year Law Firms Had to Get Smart (And Ruthless)

Despite a 10-year low for worldwide M&A activity profit per equity partner at the top firms grew by 12.4%, as they pruned their equity ranks and closed offices.
8 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 American Lawyer

Nonequity Tiers Are Growing, but These Big Firms Say Path to Equity Remains the Same

Leaders of Paul Weiss, McDermott and Weil explain their firm's path to partnership approach—and the benefits from it.
6 minute read
September 18, 2024 | Law.com

N.C. Employee's Contractual Dispute Over $70K in Unpaid Wages Allowed to Proceed, Federal Judge Rules

"It is not clear from the face of the complaint that plaintiff's breach of contract claim is barred by the statute of limitations because it is plausible that partial payments from defendant Adora made sometime between 2016 and 2022 tolled the statute of limitations. This is a factual issue that cannot be resolved at the motion to dismiss stage," U.S. District Judge William L. Osteen said.
5 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2025 Authors: Gary L. Brown View this Book

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September 17, 2024 | Delaware Business Court Insider

Trump Media Stakeholder Awarded Part of Requested Post-Merger Ownership Boost

It's likely, a lawyer familiar with the case said, that the decision could be applied to the anti-dilution provisions in nearly all de-SPAC mergers.
3 minute read
September 17, 2024 | The American Lawyer

The 2024 Global 200 Ranked by Revenue

The 200 largest law firms in the world, made up mainly of U.S. firms, saw growth increase in the latest fiscal year, with some regions out-performing others.
7 minute read
September 17, 2024 | National Law Journal

GOP Senators Urge Judiciary to Scrap Proposal for Greater Amicus Funding Disclosure

The Supreme Court "has long protected those who associate for speech purposes from compelled disclosure of those associations, subjecting any such disclosures to 'exacting scrutiny,'" the Republican lawmakers wrote.
3 minute read
September 17, 2024 | New York Law Journal

Second Circuit Affirms Ghislaine Maxwell Convictions

At the center of Maxwell's appeal was the 2007 non-prosecution agreement Epstein entered into with the U.S. Attorney's Office for the Southern District of Florida.
3 minute read
September 17, 2024 | The Legal Intelligencer

Judge Approves $433K in Attorney Fees for Servers in Restaurant Chain Wage Dispute

"Here, although KRG contends that plaintiffs' rates are unjustified because this case has been simple, the case's history contradicts their position. This case was not simple—it had been pending for three years before trial and involved both FLSA and class certification," U.S. District Judge Christy Criswell Wiegand of the Western District of Pennsylvania said.
3 minute read

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