0 results for 'Hodgson Russ'
Photo Company Loses Bankruptcy Bid Based on Fear of Insolvency
A corporation's fear that a possible adverse judgment will drive it to insolvency is not a valid rationale for seeking bankruptcy court protection, a federal judge in New York has held. Judge Frederick J. Scullin Jr. dismissed the Chapter 11 petition of Fraternal Composite Services Inc., which had sought protection one day before a state Supreme Court justice was to hold a hearing on the buyout of a major shareholder.O'Donnell Stresses Experience As a Prosecutor to Sway Voters
Denise O'Donnell argues that it is her hands-on experience from 17 years at the Buffalo federal prosecutor's office and her ability to closely coordinate multi-agency investigations that distinguish her from a crowded field of contenders for attorney general in the first of a series of candidate profiles.Panel Clarifies Law on Judicial Review of Foreign Arbitration
The 2nd U.S. Circuit Court of Appeals has clarified the standard under which companies must consent to judicial confirmation of international arbitration awards. Answering an unresolved question related to the Federal Arbitration Act, the circuit found that a section of the act that requires the parties to explicitly consent to judicial confirmation of arbitration awards was trumped by another section of the law that does not.Cite as: Saleh Holdings Group, Inc. v. Chernov, 650177/2010, NYLJ 1202482129411, at *1 (Sup., NY, Decided January, 2011)Justice Bernard J. Friedp class="de
Claims on Berlin Property Seized Under Hitler Reach N.Y. Court
Marion Sutton was 7 years old when her family fled Hitler's Germany in 1934. In 2000, after a lengthy claims process, the German government granted Sutton title to a 35-unit apartment building in the former East Berlin, one of nine properties her family left behind. But the legal battle that followed, and that has now landed in a New York court, illustrates how Germany's efforts to provide restitution and promote redevelopment frequently produce deeply unsatisfying outcomes.Trending Stories
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