JPM Arm Makes Legal Bet and NY Eyes Crypto Tax: New York Brief

March 25, 2026, 11:15 AM UTC

Albany’s energy cost debate has lawmakers weighing a crypto tax, Eric Adams taps a onetime Trump lawyer, and the NTSB probes the LaGuardia crash, below:

JPM Arm Advances Fees to Mass Tort Firms

JPMorgan Asset Management is dipping its toe into the growing world of legal finance, fronting funds to two firms tied to post-settlement attorneys’ fees, my colleague Emily R. Siegel reports.

The money from the JPMorgan unit to two mass tort firms — Seeger Weiss and Simmons Hanly Conroy — is a rare public example of a large institutional investor opening the door to an investment that’s largely been the terrain of ...

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