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US appeals court dismisses suit against New York City rifle permit law

JURIST

The US Court of Appeals for the Second Circuit dismissed a civil suit on Monday challenging New York City’s rifle permit law. The case concerned New York City resident Joseph Srour, who was denied permits to possess rifles and shotguns in his home by the New York Police Department (NYPD) in 2019, due to “poor moral judgment.”

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“‘Nuclear Verdicts’ Again Cited as Ga., Pa. Courts Tie for No. 1 Judicial Hellhole; Cook County, Illinois; California; New York City and South Carolina asbestos litigation ranked second through fifth”

HowAppealing

1 Judicial Hellhole; Cook County, Illinois; California; New York City and South Carolina asbestos litigation ranked second through fifth”: Everett Catts of The Daily Report of Fulton County, Georgia has this article. “‘Nuclear Verdicts’ Again Cited as Ga., Courts Tie for No. Courts Tie for No.

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New York financial regulator orders crypto firm Paxos to halt issuance of token

JURIST

Crypto firm Paxos Trust Company LLC Monday announced the New York Department of Financial Service (NYDFS) ordered them, effective February 21, to cease issuing new BUSD tokens with fellow crypto firm Binance. We will engage with the SEC staff on this issue and are prepared to vigorously litigate if necessary.

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New York City’s Building Electrification Law Wins in District Court

ClimateChange-ClimateLaw

Last week, building electrification secured an important victory in the United States District Court for the Southern District of New York. In Association of Contracting Plumbers of The City of New York, Inc. Judge Abrams Decision in Association of Contracting Plumbers of The City of New York, Inc.

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A New York Appellate Court Weighs In On Litigation Funding Disclosure: Relevance Is Paramount [Sponsored]

Above The Law

Under what circumstances can a litigant receiving litigation financing be compelled to disclose details about the funding arrangement? The post A New York Appellate Court Weighs In On Litigation Funding Disclosure: Relevance Is Paramount appeared first on Above the Law.

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Opioid manufacturer Teva Pharmaceuticals announces $523M settlement with New York state

JURIST

New York Attorney General Letitia James Thursday reached a $523 million settlement with opioid manufacturer Teva Pharmaceuticals Industries. In total, New York will receive $523 million from Teva–$210 million from the state and local settlement as well as $313 million from an individual agreement with New York.

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New York State Court Holds Upholds Local Law 97

ClimateChange-ClimateLaw

Last week, the New York State Supreme Court for New York County dismissed Glen Oaks Village Owners v. This is big news for New York City, which is relying on Local Law 97 to reduce 80% of emissions from the building sector, the largest contributor to the City’s total greenhouse gas emissions.

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