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May 29, 2013 |

Pressing AIG Action Has More Than Symbolic Value, A.G. Argues

After eight years of litigation and roughly $1.7 billion in federal court settlements and fines, is there any authority - or even any point - in continuing to pursue former American International Group officials in a state civil enforcement action?
5 minute read
June 12, 2013 |

Fannie Mae Shareholders Challenge U.S. Takeover With Freddie Mac

Fannie Mae and Freddie Mac shareholders sued the United States, alleging that the 2008 takeover of the housing lending giants was illegal and cost investors billions of dollars.
5 minute read
April 13, 2004 |

SCLC Sues Ex-President for Breach of Fiduciary Duty

A long-simmering rift within the Southern Christian Leadership Conference has landed in court, with the civil rights group suing its leader, the Rev. Joseph E. Lowery, for breach of fiduciary duty, and suing an affiliated group led by Lowery's wife for fraud. The dispute between the SCLC board and its women's division centers on the women's group's status as a separate incorporated entity that uses the SCLC name in fund raising.
7 minute read
August 03, 2011 |

Asian buyers target U.S. hotels as affluence increases travel

High-end hotels in large U.S. cities are attracting buyers from Hong Kong, China and Singapore seeking to cater to a growing number of affluent Asians traveling abroad.
6 minute read
September 24, 2008 |

Treasury GC stays cool during crisis

It's 7 a.m. on Sept. 18, and Robert Hoyt, general counsel at the Treasury Department and the busiest lawyer in Washington, sounds chipper as he barrels through the laundry list of crises he's helped manage during the last several weeks.He's praising his team, running down some of the nuts and bolts of the work he's handled and chatting about his old days at Wilmer Cutler Pickering Hale and Dorr.
6 minute read
September 20, 1999 |

Lockley Lawyers Tip Scales in Enhanced Fees

The sexual harassment case of New Jersey prison guard Robert Lockley continues to generate big numbers. His lawyers at Edison's Wong Fleming have won an $822,000 fee award that includes a 60 percent enhancement for winning a difficult victory: last July's jury award of $3.75 million in compensatory and punitive damages, the largest reverse sexual harassment verdict in the country.
6 minute read
February 25, 2013 |

Revisiting Reasonable Reliance in Credit Fraud Cases

Michael C. Hefter and Daniel S. Meyers, partners at Bracewell & Giuliani, write: Decisions issued in the wake of the Court of Appeals' holding in 'DDJ Management v. Rhone' demonstrate that while in some cases, lower courts have interpreted the decision as lowering the threshold of reasonable reliance that must be pled by sophisticated parties, courts will nevertheless readily dismiss claims if the plaintiff has not demonstrated that, prior to entering into the relevant transaction, it took reasonable steps to protect itself against deception.
11 minute read
October 03, 2013 |

Environmental Law: Financing Tool Offers Help With Energy Upgrades

In 2012, Connecticut passed legislation which gives property owners access to 100 percent upfront, low-cost, long-term financing for building energy upgrades. Commercial & Industrial Property Assessed Clean Energy (C-PACE) is an innovative financing program to increase access to cleaner, cheaper, and more reliable energy.
5 minute read
March 12, 2007 |

Digests of Unpublished Decisions

Automobile Injury 2006
404 minute read
Altman v. U.S. Securities and Exchange Commission, 10 Civ. 09141 (RJH)
Publication Date: 2011-03-11
Practice Area: Legal Profession
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Richard J. Holwell
Attorneys:
For plaintiff:
For defendant:
Case number: 10 Civ. 09141 (RJH)

Cite as: Altman v. U.S. Securities and Exchange Commission, 10 Civ. 09141, NYLJ 1202485593475, at *1 (SDNY, Decided March 6, 2011)District Judge Richard J. Holw

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