Features

NYC Law Firms Follow National Trend of Booming Leasing Activity
As Big Law grows in New York, several Am Law 50 firms this year have been seeking additional office space in Manhattan, backing up a trend seen nationally of booming leasing activity in the legal industry.
Features

Commercial Chapter 11 Filings Down 15% in First Half of 2025
Demand in the bankruptcy portion of the restructuring practice has been a little sluggish this year as commercial Chapter 11 filings declined 15% compared to the same period in 2024, according to a new report from the American Bankruptcy Institute and Epiq.
Columns & Departments

Development
Denial of Special Permit Lacked Rational BasisChallenge to ZBA Determination Not Time-Barred
Columns & Departments

Fresh Filings
Notable recent court filings in entertainment law.
Features

Best Practices and Common Pitfalls In Trust Accounting
Trust accounting — specifically, the management and recordkeeping of client trust accounts — is an aspect of legal practice that demands meticulous attention. This article identifies best practices for trust accounting and recordkeeping and outlines common pitfalls in an effort to help lawyers maintain compliance and uphold client trust.
Features

End of Florida’s Business Rent Tax Could Make the State Attractive to Real Estate Investors
Some attorneys at Florida’s largest law firms are optimistic that a recently enacted legislative measure that eliminates the business rent tax will help make the state even more attractive to out-of-state businesses and investments.
Features

What to Do With Misappropriated Cryptocurrency Assets Becoming Common Issue In Bankruptcies
How can a court order be served to an anonymous individual during litigation? And if that individual is holding misappropriated cryptocurrency in a self-custodied, anonymous wallet, can those funds be seized and recovered? These questions are becoming more common in digital assets disputes, bankruptcies and litigations.
Columns & Departments

Players On the Move
A look at moves among attorneys, law firms, companies and other players in entertainment law.
Features

Foreign Sovereign Immunity May Be Obstacle to DOJ Enforcement Efforts
In May, Matthew R. Galeotti, Head of the Criminal Division of the Department of Justice, issued a department-wide memorandum setting forth the department’s enforcement priorities in the white-collar crime sphere. In it, the department announced an effort to combat crime that “poses a significant threat to U.S. interests,” including the “enabling of shadow-banking and sanctions evasions by hostile nation-states and terror regimes.” A potential obstacle to these enforcement efforts is the doctrine of foreign sovereign immunity. This doctrine, as its name suggests, has been used by courts to grant judicial immunity to foreign states, their instrumentalities, and their respective heads of state.
Features

The Ovsiannikov Breach and Why Enhanced Due Diligence Must Become a Compliance Standard
In April 2025, the United Kingdom secured its first-ever criminal conviction for a breach of Russian sanctions — a milestone in the global enforcement landscape. But beneath the headline lies a far more pressing narrative: how a sanctioned Politically Exposed Person (PEP) was able to enter the UK, open a bank account, and launder funds through mainstream financial and non-financial institutions without detection.
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