2nd Circuit Court

Cardozo Law Student Gets Unexpected Lesson from Federal Judge at Gupta Insider-Trading Case Hearing

Not having a job lined up for the summer, a student at Yeshiva University’s Benjamin N. Cardozo School of Law has been spending her time watching proceedings in the high-profile Manhattan insider-trading case of Rajat K. Gupta Benula Bensam also wrote several letters to U.S. District Judge Jed S. Rakoff,…

Jun 6, 2012 9:45 PM CDT

Brown Rudnick to Represent Creditors in Dewey Bankruptcy; Partners Tap Kasowitz and Flemming Firms

After a May 28 bankruptcy filing by Dewey & LeBoeuf, lawyers are signing on to represent those with a stake in what is expected to be a hotly contested and long-running case. Brown Rudnick will be counsel to the committee of unsecured creditors, Reuters reports, and two law firms are…

Jun 5, 2012 4:29 PM CDT

Judge OKs New Trial for Ex-Jenkens Tax Leader, Cites ‘Breathtaking’ Lies of Suspended Lawyer on Jury

A federal judge in Manhattan has thrown out guilty verdicts against a former head of the Chicago tax practice at now-shuttered Jenkens & Gilchrist and another ex-partner there, due to “breathtaking” lies by a suspended lawyer on the jury. Paul Daugerdas and Donna Guerin will now get new trials under…

Jun 5, 2012 3:04 PM CDT

Hughes Hubbard Seeks Court OK of Bill for First 4 Months of MF Global Bankruptcy: $17 Million

With trustee James Giddens at the helm, Hughes Hubbard & Reed has submitted its bill for the first four months of its work on the MF Global Inc. bankruptcy—$17 million. It must be approved by the U.S. Bankruptcy Court in Manhattan before it is paid, Reutersreports. The bill covers the…

Jun 5, 2012 1:42 PM CDT

Federal Jury Upholds City Police in Civil Rights Case Over Death of Family Dog In Yard of Their Home

While no one celebrates the death of a family dog shot by city police who entered the back yard of a Hartford, Conn., home without a warrant, officials are grateful that a federal jury has declined to hold the officers liable in a civil rights claim, says a lawyer who…

May 30, 2012 8:51 PM CDT

Dewey Partners in Name Only Led to Breakup, Looming Battles, Likely Clawback Fight, Columnist Says

Once upon a time, law partners routinely stayed together for their entire professional careers. But in today’s world partnership is a label rather than a bond, contributing to the unequal compensation, resentment and rapid exit of Dewey & LeBoeuf’s top lawyers as trouble loomed, writes Reynolds Holding in a Reuters…

May 29, 2012 9:45 PM CDT

2nd Circuit Upholds FOIA Exemption for CIA Waterboarding Records

A federal appeals court on Monday upheld a lower court ruling exempting the CIA’s waterboarding records and a photograph of Abu Zubaydah during his interrogation from disclosure under the Freedom of Information Act. In its ruling (PDF), the New York City-based 2nd U.S. Circuit Court of Appeals said the act…

May 22, 2012 10:33 PM CDT

Trial Looms in Federal Case Over Death of Family Pet Shot by Police in Front of Girl, 12

In a scenario that is increasingly in the news as the subject of internal investigations and legal claims, two police officers in Connecticut are set to go to trial in federal court in Hartford on Monday for killing a family pet after entering the perimeter of a home. The guardian…

May 17, 2012 10:22 PM CDT

Lawyer Held In Lieu of $2M Bail re Claimed Conspiracy to Help Clients Avoid Tax on Offshore $10M

A lawyer who has been federally indicted on accusations he participated in a conspiracy to help relatives of a retired Fidelity Investments executive avoid estate and income tax on $10 million in offshore funds was still in jail at last report, being held in lieu of $2 million bond. A…

May 14, 2012 5:30 PM CDT

Lawyer is Federally Charged re Claimed Conspiracy to Use Swiss Bank Accounts to Defraud IRS

A lawyer has been criminally charged concerning a series of events beginning with a meeting more than a decade ago at a New York hotel. There, authorities say, members of an American family described as “the Seggermans” were advised about how to bring millions into the United States from an…

May 11, 2012 8:02 PM CDT

New York Lawyer Is Suspended Partly for ‘Shockingly Poor’ Briefs

A New York appeals court has suspended an immigration lawyer from law practice for two years after a federal grievance committee found he had submitted briefs of “shockingly poor quality.” The state supreme court, appellate division, suspended lawyer Andre Sobolevsky as reciprocal discipline, the Legal Profession Blog reports. The New…

Apr 23, 2012 11:30 AM CDT

3 Charged in Claimed $15M Fraud; Investors Thought They Were Funding Litigation, Feds Say

Three individuals are facing federal charges in Brooklyn, N.Y., after allegedly bilking investors of $15 million in several different litigation funding-related schemes they are accused of operating between December 2008 and April of this year. Peter Liounis, Ruslan Rapoport and Roman Tsimerman are accused of seeking funds in 2009 for…

Apr 19, 2012 4:49 PM CDT

Kelley Drye Settlement with EEOC Offers No Guidance On When a Partner May Be Deemed an Employee

A consent decree (PDF) filed Tuesday in federal court in Manhattan resolved a more than decade-old pay dispute between Kelley Drye & Warren and one of the New York-based law firm’s older partners. In addition to a $574,000 payment by the firm to Eugene D’Ablemont, covering work he performed from…

Apr 12, 2012 4:19 PM CDT

Kelley Drye Settles EEOC Suit re Alleged Partner Age Discrimination, Will Pay $570K to One Partner

Settling an age-discrimination lawsuit brought on behalf of a partner by the Equal Employment Opportunity Commission, a well-known 350-attorney New York law firm has agreed not to reduce its partners’ pay based on their age. In an April 3 consent decree that was signed Tuesday by a federal magistrate judge…

Apr 10, 2012 11:18 PM CDT

Suspended NY Attorney Takes Plea in Law Firm Immigration Scheme, Must Forfeit $2.5M

A suspended New York attorney who fled to Canada in 2006 when he heard he and his law firm were being targeted in an immigration probe has taken a plea after being arrested and extradited to the United States last year. Earl Seth David pleaded guilty Monday to conspiracy and…

Apr 3, 2012 3:31 PM CDT