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January 27, 2021 | The American Lawyer

Star Lateral Partners Can Turn to a Big Payoff—but Also Pitfalls

There's no guarantee a firm's top laterals will stay, as in the case of Jim Woolery, who joined King & Spalding in May 2017, only to exit last fall.
9 minute read
January 12, 2021 | New York Law Journal

Gauging One's Interest: Part Two

In this two-part article, the author explores some of the issues that arise with respect to interest in New York. Part Two, here, looks at how interest is calculated after breach, and then on the judgment. He examines how the specific language of the loan agreement will impact what interest rate will apply, and how the forum can have a large impact on the ultimate amount. He also offers some practical drafting and strategic advice.
13 minute read
November 11, 2020 | Insurance Coverage Law Center

Jalayer v. Stigliano

Discovery plays an important role in an insurer's ability to successfully prosecute a 'Mallela' fraud case. In his Insurance Fraud column, Evan H. Krinick discusses the standard that insurers bringing a 'Mallela' action generally must meet to be able to obtain discovery from third parties and reviews two recent court decisions applying that standard.
15 minute read
October 09, 2020 | New York Law Journal

Lowey, Kirby Firms Named Interim Lead Counsel in JPMorgan 'Spoofing' Litigation

U.S. District Judge Paul Engelmayer also consolidated seven lawsuits that targeted JPMorgan after the investment bank disclosed in February that it was responding to inquiries from the U.S. Justice Department's Criminal Division about its trading practices in the metals market.
4 minute read
September 30, 2020 | Corporate Counsel

12 Global Financial Services General Counsel Call for Greater Diversity & Inclusion in Legal Profession

"We choose to come together in this moment in the hope we can drive more substantial impact for our industry together than we might achieve individually," the letter states.
3 minute read
Law Journal Press | Digital Book Emerging Technologies and the Law: Forms and Analysis Authors: Richard Raysman, Peter Brown, Jeffrey D. Neuburger, William E. Bandon III View this Book

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July 30, 2020 | New York Law Journal

Class Action Targets JPMorgan Over Alleged Illegal 'Spoofing' in Futures Markets

The technique, which Congress criminalized as part of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, involves placing orders to buy and sell Treasury futures to give the appearance of high market demand and artificial prices, without ever intending to execute the orders.
3 minute read
May 21, 2020 | The Legal Intelligencer

How Will the Litigation Practice Change After the Pandemic?

The legal world, which is by nature and invention is slow to change and adapt, has been rocked by the closure of courts and the inability to be in the same room with people you have not already committed to quarantining with.
7 minute read
April 28, 2020 | New York Law Journal

New Statute Eliminating Waiver of Standing Defense Imperils Title Insurance (and Foreclosures)

Jason Bergman discusses RPAPL §1302-a which eliminates waiver of the standing defense in a home loan foreclosure action even though not raised in an answer or pre-answer motion. He notes that title companies have always been uneasy about insuring titles devolving through foreclosures and the new statute only accentuates the risk.
11 minute read
March 19, 2020 | Connecticut Law Tribune

When Bankruptcy Can Save a Property From Foreclosure, Timing is Everything

The point at which bankruptcy relief must be sought in the event of foreclosure can depend upon applicable state law, and the analysis can be tricky.
10 minute read
March 04, 2020 | Delaware Business Court Insider

Chancery Reaffirms Fiduciary Exception to Attorney-Client Privilege

In a recent case in the Delaware Court of Chancery involving a suit between the trustee of a trust and the trust's beneficiaries, Vice Chancellor J. Travis Laster had to decide whether the beneficiaries could get access to documents that the trustee claimed were protected from disclosure by the attorney-client privilege.
6 minute read

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