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November 09, 2011 |

Glasscock Applies Step-Transaction Doctrine in Contract Dispute

Delaware Chancery Court Vice Chancellor Sam Glasscock applied the step-transaction doctrine to determine that two disputed transactions did not trigger a merger agreement's acceleration provision. Glasscock is the first vice chancellor to apply the step-transaction doctrine since its use was affirmed by the Delaware Supreme Court in September.
6 minute read
Newman v. Family Management Corporation, 08 Civ. 11215
Publication Date: 2010-11-01
Practice Area: Business Law
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Court: U.S. District Court, Southern District
Judge: District Judge Leonard B. Sand
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Case number: 08 Civ. 11215 (LBS)

Cite as: Newman v. Family Management Corporation, 08 Civ. 11215, NYLJ 1202474183030, at *1 (SDNY, Decided October 20, 2010)District Judge Leonard B. Sandp

March 27, 2013 |

United States v. Sussman

Defendant's convictions for theft of government property and obstruction of justice, based on his removal of gold coins from his safe deposit box after a district court civil judgment directing the bank to transfer them to the FTC, are affirmed.
7 minute read
August 26, 2013 |

Argentina Dealt a $1.4 Billion Defeat in U.S. Bond Debt Case

The U.S. Court of Appeals for the Second Circuit gave Argentina's spurned bondholders a $1.4 billion victory Friday in their lengthy legal battle to collect debts unpaid since the country's world-record 2001 default.
6 minute read
August 26, 2013 |

Circuit Tells Argentina to Pay Bondholders $1.4 Billion

The decision "affirms a proposition essential to the integrity of the capital markets: borrowers and lenders may, under New York law, negotiate mutually agreeable terms for their transactions, but they will be held to those terms," Judge Barrington Parker wrote for the panel.
4 minute read
Law Journal Press | Digital Book Encyclopedia of New York Causes of Action: Elements & Defenses 2024 Authors: ERNEST EDWARD BADWAY View this Book

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

April 22, 2003 |

Rite Aid Corp. v. American Home Products Corp.

21 minute read
Government Can Pursue Suit Against BofA, Countrywide
Publication Date: 2013-08-27
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U.S. district judge Jed Rakoff has refused to toss a government lawsuit accusing Bank of America Corp and its subsidiary Countrywide of fraudulently selling defective mortgages to Fannie Mae and Freddie Mac. BofA and Countrywide are being represented by Williams & Connolly and Goodwin Procter respectively.

May 06, 2013 |

People in the News

Governor Tom Corbett is scheduled to address Villanova University School of Law's class of 2013 as the school's commencement speaker.
2 minute read
December 01, 2006 |

Present at the Creation

Four lawyers who took on novel in-house challenges-and succeeded.
3 minute read
Bransten Puts Her Foot Down in BofA Discovery Row
Publication Date: 2012-08-23
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N.Y. Supreme Court Justice Eileen Bransten, who's overseeing MBIA's big mortgage-backed securities suit against Countrywide and Bank of America, apparently got fed up with a flurry of letters from lawyers battling over BofA's separate $8.5 billion MBS settlement.

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