Weekly News Update


*Last Thursday, a New York State appeals court ordered that work be temporarily halted on Pier 55, a 2.4-acre, $130 million park planned along the Hudson River and financed mostly by the billionaire businessman Barry Diller. [NY Times]

*A New York State Supreme Court judge pleaded guilty last Wednesday to bribery in connection with the state attorney general’s investigation into his relationship with a Buffalo-area political consultant with ties to Gov. Andrew Cuomo. [Wall Street Journal]

*Wells Fargo & Co. got less than it wanted in a federal tax-refund lawsuit, yet the bank’s partial victory may spur billions of dollars in similar refund claims from companies that have done repeated mergers and acquisitions, tax lawyers say. [Bloomberg]

*The Appellate Division, Second Department granted a new trial to a Queens man convicted of murdering his nine-month pregnant girlfriend because the prosecutor made too many inflammatory comments to jurors. [NY Daily News]

*Russia on Sunday filed a formal appeal of the doping ban imposed on its track and field team that would keep it out of the Olympic Games in Rio de Janeiro next month. [NY Times]

*The New York State Appellate Division for the First Department has issued a significant decision on the scope of the so-called in-firm attorney-client privilege. The appeal arose from a legal malpractice action in which the defendant law firm sought to withhold from its responses to the plaintiff’s discovery requests approximately 24 internal e-mail messages. [JD Supra]

*A New York appeals court on Thursday upheld dismissal of a lawsuit against Christie’s over its handling of the $10.7 million auction sale of an Edgar Degas drawing that had been looted by the Nazis. [Reuters]