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July 17, 2012 |

Fairwind Hotel in Miami Beach sells for $14.5 million

The Fairwind Hotel & Suites, a three-property hotel on Collins Avenue, was acquired by CG Fairwinds, a company managed by prominent New York developer Joseph Chetrit.
2 minute read
May 31, 2013 |

'FCStone' and the Absurdity Exception to the Securities Contract Safe Harbor

Dechert partner Shmuel Vasser analyzes a highly controversial opinion in the Sentinel bankruptcy case and the road the court took to reach its decision, avoiding the question of whether the Bankruptcy Code provision in question applied by saying that its application would produce a result "demonstrably at odds with the intentions of its drafters."
12 minute read
October 12, 2012 |

Late Attack on Bank's Standing Can't Prevail in Foreclosure Suit

A homeowner's belated attempt to challenge foreclosure, because the bank was not assigned the mortgage until two weeks after filing the complaint, was rightfully thrown out, a state appeals court says.
4 minute read
BofA, U.S. Bancorp Can't Dodge Claims over Roles as MBS Trustees
Publication Date: 2013-05-07
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Suits trying to hold mortgage-backed securities trustees liable for MBS losses haven't been at the forefront of investor litigation spawned by the mortgage crisis. But a ruling Monday in a putative class action against Bank of America and U.S. Bancorp reaffirms that such claims spell big trouble for banks.

April 23, 2009 |

IMF says global recession will be deeper, recovery slower

The International Monetary Fund said the global recession will be deeper and the recovery slower than previously thought as financial markets take longer to stabilize. The Washington-based IMF said in a new forecast released Wednesday that the world economy will shrink 1.3 percent this year, compared with its January projection of 0.
2 minute read
Law Journal Press | Digital Book Encyclopedia of New York Causes of Action: Elements & Defenses 2025 Authors: ERNEST EDWARD BADWAY View this Book

View more book results for the query "Bank of New York Mellon"

January 28, 2008 |

Appaloosa Investment, L.P.I. v. J.P. Morgan Securities Inc. et al

The use of New Jersey agents to carry out the ministerial activities required for maintenance of a stock exchange listing is insufficient to confer general jurisdiction over this Canadian corporation with no other contacts with this state.
3 minute read
November 19, 2012 |

Daily Decision Service Alert: Vol. 21, No. 225 – November 19, 2012

Daily decision alert.
13 minute read
RICO Goes To Russia
Publication Date: 2008-07-01
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February 05, 2013 |

Determining Document Control in Third-Party Legal Holds Is Complex

Paul Weiss partners H. Christopher Boehning and Daniel J. Toal write that document control is easy to establish when a party to the litigation has possession or custody; when third parties possess documents that may be relevant to an action, however, determining "control" can be more complicated.
9 minute read
October 01, 2011 |

Empire Builders

A historical analysis conducted as part of this year's Global 100 survey shows that over the past dozen years, nearly all of the world's 50 highest-grossing firms have grown rich and global. Is there a connection between the two?
7 minute read

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