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News in-depthReckitt Benckiser Group PLC
How a $60mn damages verdict is piling pressure on Reckitt
...The US plaintiff’s lawyers are hoping future juries will be more likely to be swayed by grieving parents than a large corporation....
March 22, 2024
News in-depthDonald Trump
Trump masks his rage as ‘hush money’ trial starts
...The sight of a scowling Donald Trump sitting in a New York courtroom, flanked by lawyers, is by now so common that it no longer surprises....
April 23, 2024
FT Live
Innovative Lawyers Awards North America
Celebrating innovations from both law firms and in-house teams in the region
Monday, 9 DecemberGotham Hall, Broadway, New York, NY, USA
Donald Trump
Trump trial opens with allegations he tried to ‘corrupt’ 2016 US election
...The outcome of that challenge has no bearing over the New York case, which has been brought under state rather than federal law....
April 22, 2024
Donald Trump
Trump claims he may need ‘fire sale’ to pay $464mn fraud judgment
...One of the largest penalties imposed on a New York corporation, the judgment has ballooned the former president’s legal costs, which he is struggling to cover while mounting a campaign for the presidency...
March 19, 2024
New York Community Bank
Number of weak US banks jumps as NYCB stabilised on $1bn capital raise
...Its shares rose on Thursday after its new management team told analysts it would diversify away from loans to apartment buildings, many of which are subject to New York’s strict laws on rent control and...
March 8, 2024
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...Two massive conglomerates with substantial interests in Napa Valley are Constellation Brands, based in New York State, and Australia’s wine giant Treasury Wine Estates....
April 20, 2024
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
Bankruptcy
The US scourge of venue shopping
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
March 28, 2024
Sotheby's Inc
Sotheby’s cleared of art fraud in Russian billionaire’s lawsuit
...That secrecy made it difficult to prove a complex aiding and abetting fraud case.” Bouvier was not a party to the New York lawsuit. He and Rybolovlev have clashed in other forums, however....
January 30, 2024
US banks
US banks set for profits boost as expectations grow of fewer Fed rate cuts
...The start of the year is typically a strong period for banks’ trading businesses with clients returning in January and taking new financial bets, but markets have lacked much of the frenzy of the past few...
April 9, 2024
ESG investing
US investment funds pull $13.3bn from BlackRock in anti-ESG campaign
...A study released last month by a non-profit associated with the Texas Chamber of Commerce found that the laws could undermine the state’s efforts to foster a pro-business climate and cost the state $37.1mn...
March 24, 2024
ESG investing
BlackRock sued by Tennessee over ESG strategies
...BlackRock on Monday was sued by the US state of Tennessee, which accused the $9.1tn New York-based asset manager of violating consumer protection laws by misusing environmental, social and governance factors...
December 18, 2023
PepsiCo Inc
New York sues PepsiCo over plastic pollution
...New York state is suing food and drinks giant PepsiCo for plastic waste pollution, the latest lawsuit to try to hold companies to account over their environmental impact....
November 15, 2023
UK infrastructure
Teesworks authority loses access rights case against Brookfield-owned port
...north east of England....
February 5, 2024
Google LLC
Google agrees to pay C$100mn a year for news in Canada
...The dispute blew up into the biggest conflict between the internet giants and a national government over news subsidies since Australia became the first country to pass a law on the issue in 2021....
November 29, 2023
Lex PopuliPersonal Finance
Athleisure shares appear out of shape
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
March 29, 2024
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
...Bernstein and two other law firms working with it could end up taking fees in Tesla shares, some lawyers speculated....
January 31, 2024
NBC Universal Inc
NBC cuts ties with former Republican party chair McDaniel after backlash
...Michael Whatley, a close ally of Trump from North Carolina, is the new chair of the RNC, and Lara Trump, the former president’s daughter-in-law, is co-chair....
March 26, 2024
US tax
US tax agency targets executives’ personal use of corporate jets
...The Internal Revenue Service said on Wednesday that it was preparing “dozens” of audits of large corporations, partnerships and high-income taxpayers to see if their use of jets had been properly designated...
February 21, 2024
ESG investing
Green investment in Texas shows how funds are navigating anti-ESG laws
...BlackRock, the $9.1tn New York-based asset manager, has been a frequent target of the anti-ESG efforts....
January 7, 2024
Elon Musk
Can Elon Musk derail Delaware?
...law professor at UCLA....
February 5, 2024
Baring Asset Management Ltd
Barings sues Nomura-backed private credit firm over ‘one of largest corporate raids’ in years
...Barings, a subsidiary of US life insurer MassMutual, filed on Monday for a temporary restraining order and preliminary injunction against Corinthia Global Management in a North Carolina court....
March 18, 2024
Energy Source
How Biden’s climate law spurred a tax credit revolution Premium content
...Good morning, and welcome back to Energy Source, coming to you from snowy New York....
January 18, 2024
Moral Money
Apple stand-off tests investor concern over workers’ rights Premium content
...But, as New York University’s Alison Taylor wrote in response to our story, the quality of this third-party assurance needs scrutiny too....
March 4, 2024
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...HomeServices is appealing that decision but said it believed the damages could be trebled under federal law to $5.4bn....
February 24, 2024
US-China trade dispute
US solar manufacturers in ‘dire situation’ as imports soar
...In response, North American manufacturers say they are pulling back on expansion plans despite lucrative incentives available under the Inflation Reduction Act, the landmark US climate law....
March 13, 2024

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