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By Jeffrey Alberts | March 29, 2023
This article asks the question "Is it in the interest of New Yorkers for the New York AG to aggressively litigate against foreign companies for violating New York state registration requirements?"
7 minute read
By Brenda Sapino Jeffreys | March 27, 2023
James Bergin, former acting co-general counsel and deputy general counsel at the Federal Reserve Bank of New York, joined Arnold & Porter Kaye Scholer as a partner in New York.
2 minute read
By Charlotte Johnstone | March 23, 2023
Both firms have moved quickly this week to represent bondholders following the bank takeover, but the two groups may consist of different types of investors.
3 minute read
By Riley Brennan | March 22, 2023
"A careful review of the allegations in the Second Amended Complaint makes clear that the FTC has plausibly alleged that Dennis made misleading and material representations regarding customers' potential earnings from Raging Bull's products. First, the FTC plausibly alleges that Dennis made income-related 'representations' through electronic means which were directed at consumers," said U.S. District Judge George L. Russell, III, for the District of Maryland.
4 minute read
By Ellen Bardash | March 20, 2023
A complaint in the global Chapter 11 case was filed Sunday by Sullivan & Cromwell and Landis, Rath & Cobb attorneys "in response to serial threats" to relocate the case.
3 minute read
By Allison Dunn | March 20, 2023
"Merely alleging a daily monitoring function and the participation in the preparation of public statements does not allow this Court to infer that Volkswagen AG 'collaborated with the authors to such an extent that they controlled the [press release's] publication,'" Alston wrote, citing the Second Circuit's 2022 holding in Noto v. 22nd Century Grp. Inc. "In other words, the Amended complaint does not sufficiently allege that Individual Defendants and VWGoA more broadly 'lacked final control over the [press release's] contents or did not make the ultimate decision as to what specific information to include.
6 minute read
By Jack Womack | March 20, 2023
Under the terms of the Swiss bank's acquisition by UBS, $17 billion of Credit Suisse bonds have been written off.
2 minute read
By Jack Womack | March 20, 2023
Under the terms of the Swiss bank's acquisition by UBS, $17 billion of Credit Suisse bonds have been written off.
2 minute read
By Jack Womack | March 20, 2023
Under the terms of the Swiss bank's acquisition by UBS, $17 billion of Credit Suisse bonds have been written off.
2 minute read
By Jack Womack | March 20, 2023
Swiss firms and US firms, including Davis Polk and Sullivan & Cromwell, appear to have taken to top roles on the 'emergency rescue' over the weekend to create a banking giant with a combined market capitalization of $65 billion.
3 minute read
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