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May 24, 2024 | Law.com

How I Made Partner: 'Consider Your Co-Workers as Clients,' Says Taylor Weinstein of Pryor Cashman

"Having a positive attitude about work assignments is noted and makes partners want to work with you in the future. Ultimately, it will be your partners and peers who will be deciding on your promotion, so you want as many people on your side to advocate for you when the time comes."
6 minute read
May 24, 2024 | New York Law Journal

Pollution Exclusions and PFAS Claims: Reading Tea Leaves From Early Coverage Rulings in New York and Elsewhere

Lawsuits have been filed across the country that allege harms purportedly caused by PFAS chemicals. The underlying litigations have resulted in billions of dollars in settlements, which, in turn, have led to demands for insurance coverage and associated coverage litigation.
7 minute read
May 24, 2024 | New York Law Journal

Filing a Late Notice of Claim: 'Jaime v. City of New York'

The Court of Appeals recently handed down a significant decision regarding the requirements a petitioner must meet when making a motion for leave to file a late notice of claim: 'Jaime v. City of New York'. This article discusses the background of the case and its potential significance for injured parties.
13 minute read
May 24, 2024 | New York Law Journal

New York Courts Reject Insurance Companies' Attempts to Recoup Defense Costs

Recently, several New York courts have held that an insurance company has no right to recoup defense costs where the insurance policy includes a duty to defend, but does not include an express contractual provision allowing for recoupment.
9 minute read
May 24, 2024 | New York Law Journal

AI Litigation Spotlight: 'NYT v. OpenAI'

Of the many early genAI cases working their way through trial courts, the one that stands out is New York Times Co. v. Microsoft because of its carefully crafted complaint and actual examples of verbatim reproductions of NYT content produced by ChatGPT. Now that the parties have completed briefing on two motions to dismiss (one by OpenAI and the other by Microsoft), it's worth pausing to assess what's at stake, and what lies ahead, in this important case.
8 minute read
May 24, 2024 | New York Law Journal

'Buy and Shelve': A Deadly Strategy for Life Insurance

Corporations typically have risk management departments that stay on top of their coverage portfolios, but individual policyholders all too often purchase policies and simply file them away in the apparent hope that the mere act of buying coverage serves as a hedge against ever needing it. This is the "buy and shelve" approach to insurance. And, while it's never a good strategy, it is particularly dangerous in the context of life insurance.
7 minute read
May 24, 2024 | New York Law Journal

Beyond Our Borders: Recent Blockchain Developments Outside the United States

Legal developments concerning blockchain and digital assets are not limited to the English-speaking world or to common-law jurisdictions. Earlier this year brought some thought-provoking developments on digital assets and related technologies from Spanish-speaking civil law jurisdictions.
19 minute read
May 24, 2024 | Litigation Daily

Litigators of the Week: Cleary Helps Crypto Lender Genesis Settle With NYAG, Win Approval for Reorganization Plan

Sean O'Neal, Tom Kessler, and Jane VanLare of Cleary Gottlieb Steen & Hamilton helped Genesis win approval for the settlement of the AG's Martin Act claims and its plan of reorganization, where dollar creditors are estimated to receive 100% of their claims and cryptocurrency creditors have estimated average recoveries of 77% on an in-kind basis.
5 minute read
May 24, 2024 | Law.com

Dean Developments: 2 Professors, 1 Law Dean Climb the Ranks

The latest in law dean and other legal education news from across the U.S.
4 minute read
May 23, 2024 | Legaltech News

NYT Says News Corp–OpenAI Deal Fortifies Publisher's Copyright Claims

In a statement, The New York Times and its attorneys told Legaltech News that the News Corp-OpenAI partnership acknowledges the NYT's copyright lawsuit claims that content cannot be taken free of cost.
3 minute read

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