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October 23, 2019 | New York Law Journal

Challenges Ahead on New York's Path to Carbon Net Zero

New York state recently enacted a sweeping new law to curtail greenhouse gas emissions from virtually all sources over the next 20 to 30 years. The law contains no specific regulatory roadmap and instead leaves the details to be developed over the next three years with the state Department of Environmental Conservation and the Public Service Commission taking leading roles. As New York takes up the hard work of developing a regulatory path forward, it will need to tread carefully to withstand the public and legal scrutiny that lies ahead. In their Domestic Environmental Law column, Karen Meara and Christopher Rizzo have identified three significant challenges that the state will face as well as possible solutions.
7 minute read
September 20, 2019 | New York Law Journal

Bogart That Joint, But Don't Bankrupt It: Cannabis Businesses in Bankruptcy

Any cannabis-related business or any business in a relationship with one will likely find itself barred from the door of the federal bankruptcy courts.
5 minute read
September 12, 2019 | New York Law Journal

A Climate Change Agenda for the Next U.S. Administration

In his International Environmental Law column, Stephen Kass presents a 15-point program to address both climate mitigation (reduction of greenhouse gases) and climate adaptation (helping the U.S. and the world adapt to the now inevitable impacts of climate change) that the next U.S. administration should "aggressively pursue."
8 minute read
August 12, 2019 | New York Law Journal

Pryor Cashman Partner Must Face Claims He Misled Dying Radio Legend

Radio Drama Network claims the Pryor Cashman partner Richard Kay misled its principal funder into entrusting most of his assets to an entity that Kay controls. A judge has disagreed with most of Kay’s arguments for dismissal.
4 minute read
July 21, 2019 | Litigation Daily

Daily Dicta: In Memoriam: Lawyers in Love

If Judith represented the changing face of the legal profession, then Bill was a throwback to an earlier, more genteel era.
5 minute read
June 26, 2019 | Daily Business Review

Court Rejects Bankruptcy Fee Set-Aside in Florida Company's Case

The court in a precedential ruling denied Wall Street law firm Carter Ledyard & Milburn's request to stop the flow of settlement money from a client's bankruptcy in order to establish a $15 million reserve for attorney fees.
3 minute read
June 26, 2019 | New Jersey Law Journal

Third Circuit Rejects Law Firm's Bid to Set Aside $15M in Bankruptcy Payouts for Fees

The court in a precedential ruling denied Wall Street law firm Carter Ledyard & Milburn's request to stop the flow of settlement money from a client's bankruptcy in order to establish a $15 million reserve for attorney fees.
4 minute read
June 25, 2019 | Delaware Law Weekly

3rd Circ. Rejects Law Firm's Bid to Set Aside $15M of Client's Bankruptcy Payouts for Attorney Fees

A federal appeals court has denied a Wilmington law firm's request to stop the flow of settlement money from a body armor company's bankruptcy so that the firm could establish a $15 million reserve for attorney fees.
4 minute read
June 19, 2019 | New York Law Journal

'Hall' No! Supreme Court Overturns 'Nevada v. Hall' and Holds States Are Immune From Suits in Courts of Sister States

On May 13, 2019, the Supreme Court issued a decision that overturned 'Nevada v. Hall' (which held that the Constitution does not provide a state immunity from suits in another state's courts) and held that the California Franchise Tax Board was immune from suit in Nevada.
7 minute read
June 19, 2019 | New York Law Journal

Challenges for Co-Ops, Condos and Other Residential Buildings in Complying With New York City's 2019 Climate Mobilization Act

In their Domestic Environmental Law column, Karen Meara and Christopher Rizzo discuss the 2019 “Climate Mobilization Act,” a key component of New York City's climate strategy. The Act aims to reduce greenhouse gas emissions in the City by cutting building emissions by 40% by 2030 and 80% by 2050. It is one of the most demanding climate change laws in the country and will have an unprecedented impact on large residential buildings, which is the focus of this article.
10 minute read

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