New York Federal Court
Coverage of New York Federal Court in the Nexus archive.
- Salinas Pliego’s TV Azteca Faces $400 Million U.S. Debt Lawsuit Pressure
TV Azteca defaulted on $400 million in unsecured notes issued in 2017, with total claims now reaching $500 million including unpaid interest. U.S. noteholders are pursuing the case in a New York federal court, where they recently secured a bid to expedite proceedings.
- US strike kills leader of Venezuelan prison gang: Trump
US strike killed Nino Guerrero, leader of Tren de Aragua, a US-designated terrorist group. Guerrero was charged in New York with racketeering conspiracy and supporting terrorists.
- AI hallucinations found in high-profile Wall Street law firm filing
Sullivan & Cromwell apologized to a New York federal judge for errors in a major filing caused by AI-generated hallucinations in the Prince Group case. The law firm's co-head of global restructuring, Andrew Dietderich, acknowledged mistakes including inaccurate citations.