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March 22, 2023 | New York Law Journal

New CPLR 321(d) Allows for a Limited Scope Appearance by an Attorney

In December 2016, the Chief Administrative Judge issued Administrative Order 285/16, which estimated that, on an annual basis, 1.8 million people attempt to represent themselves pro se in civil actions in New York state courts.
12 minute read
March 22, 2023 | Law.com

Bank Collapses Rattle Clients but 2008 Repeat Unlikely, Lawyers Say

The fall of SVB and Credit Suisse has led to a surge in calls for advice, say a wide range of U.K. lawyers.
5 minute read
March 14, 2023 | New York Law Journal

Are Lender Receivership Rights in Peril?

One of the most powerful lender rights is the appointment of a receiver to monitor and marshal the collateral as necessary. Recently, this right has been called into question in a recent slip opinion in Wells Fargo Bank, N.A. v. JTRE 240 E. 54th St., discussed here.
5 minute read
March 13, 2023 | The American Lawyer

Deal Watch: Wachtell, SullCrom Lead $43B Biotech Deal, Failed Banks Muddy Deal Waters

Even the best week of M&A thus far in 2023 came with a wrinkle, as the collapse of two regional banks is spurring concerns about the overall banking apparatus in the United States.
9 minute read
March 03, 2023 | Texas Lawyer

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

Baker Botts has long been working for the court-appointed receiver seeking to unwind financial chaos created by R. Allen Stanford's Ponzi scheme. The firm's Kevin Sadler was preparing for trial in Houston federal court last week when the receiver reached a proposed deal with three remaining banks.
6 minute read
Law Journal Press | Digital Book Pennsylvania Commonwealth Court Rules 2024 Authors: View this Book

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March 03, 2023 | Litigation Daily

Litigator of the Week: In Trial Run-Up, Baker Botts Gets $1.345B Settlement With Banks For Receiver in Stanford Ponzi Litigation

The deal, which included $1.2 billion from TD Bank, brings the total recoveries achieved by a Baker Botts team led by partner Kevin Sadler to more than $2.7 billion in litigation stemming from Allen Stanford's Ponzi scheme.
6 minute read
March 02, 2023 | New York Law Journal

Not So Fast: The Rights of Victims in Corporate Deferred Prosecutions

In this article, authors Elkan Abramowitz and Jonathan S. Sack discuss victims' rights in federal criminal law, and then the pair move to the facts in the Boeing prosecution and Judge Reed O'Connor's consideration of the victims' claims.
10 minute read
March 02, 2023 | New York Law Journal

Foreclosure Abuse Protection Act Requires New Approach

A discussion of what next steps lenders should take in response to the Foreclosure Abuse Prevention Act.
7 minute read
February 27, 2023 | Texas Lawyer

Stanford Ponzi: Receiver Reaches $1.6B in Settlements With Five Banks

Baker Botts partner Kevin Sadler said, "This is an extraordinary result for the victims of the Stanford fraud."
3 minute read
January 23, 2023 | Corporate Counsel

States' War on ESG Investing Could Hinge on Obscure KY Suit

"If you publicly announce your commitment to ESG principles, you should expect scrutiny and take steps now to stand behind this position," said Chris Carlson, an associate at Troutman Pepper.
6 minute read

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