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July 18, 2019 | Corporate Counsel

Bank of New York Mellon Lawyer Adam Solowsky Joins Reed Smith

Solowsky serves as counsel in Reed Smith's financial industry group in New York. He's the second in-house lawyer in the financial services industry to transition back into private practice this week.
3 minute read
June 18, 2019 | Corporate Counsel

Wedbush Reaches $8.1M Settlement With SEC Over American Depositary Receipts Mishap

The SEC has hit another financial institution with a multimillion-dollar penalty over alleged abusive ADR prerelease practices.
2 minute read
June 13, 2019 | The Legal Intelligencer

Court Decisions Address 'Residential Mortgage' Definition, Well Pad Dispute

Pennsylvania courts recently made a set of rulings that could provide important context in future cases concerning real estate law.
4 minute read
June 12, 2019 | Legaltech News

4 Considerations to Mull Over Before Joining a Blockchain Consortium

Are you toying with the idea of joining a blockchain consortium? Before signing up, lawyers offer their key considerations before diving in.
4 minute read
June 04, 2019 | New York Law Journal

Realty Law Digest

In his Realty Law Digest, Scott E. Mollen discusses “Bank of New York Mellon v. Gordon,” where the Appellate Division, Second Department addressed foundation issues involving business records evidence in light of the “unprecedented spike” in foreclosure actions after the 2008 financial crises.
9 minute read
May 07, 2019 | New York Law Journal

Realty Law Digest

Scott E. Mollen, a partner at Herrick, Feinstein, discusses “Bank of New York Mellon v. Dieudonne,” a case of first impression where the court held that de-acceleration of debt maturity is not a condition precedent to the acceleration of the mortgage, and “14th St. Owner LLC v. Westside Donut 6th Ave. Ventures LLC,” where the court held that a defendant that vacates the premises unilaterally and without consent continues to owe rent.
14 minute read
April 25, 2019 | Corporate Counsel

Median Gender Pay Proposals So Far Lose Proxy Votes but Gain Momentum

Shareholders at Bank of America and Wells Fargo this week voted down proxy proposals asking them to reveal more data on their gender pay gaps. The proposals won 26 percent of the vote at Bank of America, and 23 percent at Wells Fargo—up from 15 percent in 2017.
4 minute read
April 16, 2019 | Law.com

Compliance Hot Spots: DOJ Confronts 'Misconceptions' in Cloud Act | Katie Porter v. Jamie Dimon | 'Disruptive' Monitors | Who Got the Work, Notable Moves & More

The US Justice Department's issued guidance to confront "misconceptions" about the CLOUD Act. Plus: Hertz is suing its former general counsel, Rep. Katie Porter took on Jamie Dimon last week and Simpson Thacher names a new internal investigations practice head. Thanks for reading!
8 minute read
April 10, 2019 | The Recorder

At 'Megabank' Hearing, Calif. Freshman Rep. Katie Porter Grills Jamie Dimon on His $31M Salary

The Democrat and law school professor has shown a unique confrontation style, giving plenty of discussion points for white-collar and congressional lawyers preparing clients. Wednesday's hearing was no exception.
5 minute read
April 10, 2019 | National Law Journal

At 'Megabank' Hearing, Freshman Rep. Katie Porter Takes on Jamie Dimon—and His $31M Salary

The California Democrat and law school professor has shown a unique confrontation style, giving plenty of discussion points for white-collar and congressional lawyers preparing clients. Wednesday's hearing was no exception.
5 minute read

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