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Michael Cohen. Photo: Win McNamee/Getty Images

Michael Cohen is suing the Trump Organization for "failure to meet its indemnification obligations" by not paying his legal fees.

Details: The lawsuit claims that around July 2017, the Trump Organization and Cohen entered into an agreement under which the company would pay for Cohen's representation and defense for various investigations. The organization confirmed its commitment to the deal through at least May 2018, even after Cohen came under heightened investigative scrutiny. In June 2018, shortly after Cohen began telling friends he was willing to cooperate with the Mueller investigation, the suit alleges the organization ceased to pay his law firm's invoices "without notice or justification," causing the firm to withdraw its representation of Cohen.

  • "As of January 25, 2019, unreimbursed attorneys' fees and costs incurred on behalf of Mr. Cohen in connection with the Matters subject to his indemnification agreement with the Trump Organization exceeded $1.9 million. Attorneys fees and costs subject to the Trump Organization's indemnification agreement continue to accrue."

Go deeper

35 mins ago - Health

First known U.S. case of the Omicron variant identified in California

PhotoL Chip Somodevilla/Getty Images

The first known U.S. case of the Omicron variant was detected in California, the Centers for Disease Control and Prevention confirmed Wednesday.

Driving the news: The confirmed case was detected in a traveler returning from South Africa who was fully vaccinated and has mild symptoms, according to the CDC.

Supreme Court appears likely to roll back abortion rights

Abortion rights advocates and anti-abortion protesters demonstrate in front of the Supreme Court in Washington, D.C., on Dec. 1. Photo: Olivier Douliery/AFP via Getty Images

The Supreme Court on Wednesday seemed likely to weaken abortion rights and perhaps to let states ban the procedure altogether.

The intrigue: The court seemed likely to throw out the framework established in Roe v. Wade, but it wasn't clear whether a majority of the justices were inclined to overturn the court's precedents entirely.

Felix Salmon, author of Capital
Updated 2 hours ago - Economy & Business

How to meme a painting

Illustration: Megan Robinson/Axios

How can a physical artwork become an NFT? One new company has just spent $12.9 million on a Banksy in an attempt to try out a new way of converting the real into the virtual.

Why it matters: The art market globally sees volume of about $60 billion per year, almost all of which is trade in physical objects. Art-world insiders including former Christie's c0-chair Loïc Gouzer are on the lookout for ways to monetize physical paintings without necessarily giving up physical ownership of them.