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January 24, 2013 |

3rd DCA reverses condo judgment

A split panel of the Third District Court of Appeal reverses a summary judgment granting a third-party purchaser of a foreclosed condo unit relief from overdue assessments.
3 minute read
BoNY and Rabobank Win Partial Summary Judgment Against MBIA in Ruling that Addresses Novel Question of CDO Assets
Publication Date: 2011-03-28
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When are the assets in the portfolio backing a synthetic CDO not considered collateral? When the contract doesn't say they are.

May 16, 2012 |

Buffett's firm buys 10M share stake in GM

Warren Buffett's company is apparently bullish on the U.S. auto industry. Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter.
3 minute read
January 19, 2012 |

PNC profit declines 40% as noninterest expense increases

PNC Financial Services Group, the sixth-largest U.S. bank by deposits, said fourth-quarter profit fell 40 percent as noninterest expense surged.
1 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"

May 14, 2012 |

Judge Insists Prior Approval of Trust Plans Is Essential

Supreme Court Justice Howard Sherman said that the case highlighted "increasing tension" created by the "resistance" of New York City's Social Services Department to court supervision of incapacitated people's finances.
5 minute read
August 27, 2013 |

The State of Standing in Data Breach Litigation

As the volume of data breaches increases, so too does the volume of litigation. Yet federal standing and pleading requirements have thus far posed significant hurdles for plaintiffs.
7 minute read
April 27, 2009 |

Home Circuit Rule

In diversity cases that raise state law issues of first impression, federal appellate courts must try to predict how the state's highest court would rule on the issue. When a federal circuit has done just that — ruled on a novel issue of law from a state within its jurisdiction — should other federal circuits simply defer to its decision as the "home circuit" for that state, or should they make their own Erie determination?
8 minute read
June 15, 2007 |

Fla. Summer Associates Beat Competition, Obstacles

Competition is fierce when it comes to summer law internships in south Florida. Because there are fewer big firms there than in cities such as Chicago and New York, plum summer associate positions are limited. But law firms seeking to hire the best legal minds fight to get the best. They aim to impress law students by giving them real-world experience and sending them to foreign countries. Here are some summers who are about to embark on internships and others who regale about their experiences last year.
9 minute read
March 19, 2007 |

Nobel laureate Bob Lucas, meet Randa the Psychic

IN 1995, the Swedish Academy of Sciences awarded the Nobel Prize in economics to Robert Lucas, calling him ''the economist who has had the greatest influence on macroeconomic research since 1970.'' Lucas' specific contribution was developing and applying the hypothesis of rational expectations, the idea that people make economic decisions based on previous experience and expectations about the future.
5 minute read

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