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June 01, 2017 | New York Law Journal

Consideration of Pre-Judgment Interest in Evaluating the Risk of Litigation

Alan D. Zuckerbrod and Eric B. LaMons write: As demonstrated in a recent First Department decision, pre-judgment interest, whether statutory or contractual, could significantly add to the amount at stake, especially in a complex commercial matter that may take many years to resolve. With statutory interest rates varying greatly among jurisdictions, choice of forum also becomes significant.
23 minute read
May 31, 2017 |

Deutsche Bank Signs Another Fed Consent Order

In-house lawyers for Deutsche Bank AG and its U.S. operations have signed a consent order with regulators over its violations of the U.S. Bank Secrecy Act and anti-money laundering laws.
7 minute read
May 31, 2017 | National Law Journal

Deutsche Bank Signs Another Fed Consent Order

In-house lawyers for Deutsche Bank AG and its U.S. operations have signed a consent order with regulators over its violations of the U.S. Bank Secrecy Act and anti-money laundering laws.
7 minute read
May 30, 2017 |

Resolved at Last: No 90-Day Notice a Year Later

In his Foreclosure Litigation column, Bruce Bergman discusses a recent case in the Appellate Division that finally banishes what had been a thorny and eventually time consuming lender dilemma.
13 minute read
May 23, 2017 |

Giuliani to Court: I Had No Role in Trump Travel Ban

Former New York City Mayor Rudolph Giuliani said in court papers filed Monday that he had no hand in crafting controversial executive orders from the Trump administration banning travel from Muslim-majority countries and that he has not served on a commission related to such orders.
26 minute read
May 23, 2017 | New York Law Journal

Giuliani to Court: I Had No Role in Trump Travel Ban

Former New York City Mayor Rudolph Giuliani said in court papers filed Monday that he had no hand in crafting controversial executive orders from the Trump administration banning travel from Muslim-majority countries and that he has not served on a commission related to such orders.
26 minute read
May 22, 2017 |

Fee-Shifting Effect of Choice-of-Law Clauses

Robert Sills and Igor Margulyan of Orrick Herrington & Sutcliffe write: It may not be widely known that a choice-of-law clause could make the party that loses the litigation liable for the attorney fees of the winning side, in contrast to the usual rule in the United States that the prevailing party cannot recover its attorney fees unless the contract has an express fee-shifting provision or a statute applies that permits such recovery. Unlike the United States, most Western legal systems follow the "English Rule," which requires the losing party to pay the prevailing party's reasonable attorney fees.
20 minute read
May 17, 2017 |

Spat Erupts Between Quinn Emanuel and Plaintiffs Firms Over Foreign Exchange Manipulation Litigation

A pair of recent filings in U.S. litigation over alleged foreign exchange rate manipulation has revealed a dispute that pits Quinn Emanuel against Hausfeld and Scott + Scott. The dispute, which revolves around foreign exchange rate antitrust litigation, takes on added import because all three firms are eyeing key roles in similar litigation overseas.
49 minute read
May 17, 2017 | The American Lawyer

Spat Erupts Between Quinn Emanuel and Plaintiffs Firms Over Foreign Exchange Manipulation Litigation

A pair of recent filings in U.S. litigation over alleged foreign exchange rate manipulation has revealed a dispute that pits Quinn Emanuel against Hausfeld and Scott + Scott. The dispute, which revolves around foreign exchange rate antitrust litigation, takes on added import because all three firms are eyeing key roles in similar litigation overseas.
3 minute read

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