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December 18, 2023 | New York Law Journal

Attorney Affirmations, Beware!

A New York State statute goes into effect Jan. 1 which will allow the use of affirmations rather than sworn affidavits in civil litigation. This article discusses the statute, along with the apparently unintended effect of changing the necessary form of affirmations.
8 minute read
December 18, 2023 | New York Law Journal

The TVPA Does Not Preempt State Indemnification and Contribution Claims

Although some courts have concluded that indemnification and contribution claims are available for claims arising under a federal statute only if the statute expressly or impliedly provides for them, other courts have addressed the issue by conducting a traditional preemption analysis. The Second Circuit has not addressed the issue, and district courts within the circuit have taken both approaches. District Judge Jed S. Rakoff of the Southern District of New York recently addressed this issue in the context of the Trafficking Victims Protection Act.
9 minute read
December 14, 2023 | Legaltech News

Legal Tech Rundown: Paxton AI Unveils Updates, Opus 2 Appoints New CEO, and More

An update on the legal tech market's past few weeks, from product launches to new partnerships.
6 minute read
December 13, 2023 | Corporate Counsel

On Heels of SurveyMonkey's Sale, CLO Joins Star Data-Analytics Startup

Lora Blum is taking the legal reins of Grafana Labs, whose open-source software allows teams to visualize and analyze data from one dashboard.
2 minute read
December 13, 2023 | Law.com

Fighting Cybercrime With Cyberaccounting

As cybercrime intensifies, it is revealing a skills shortfall among those who defend our financial infrastructure. It has become critically clear that we need to radically rethink the way we prepare our frontline defense to include more experts with both technical savvy and accounting expertise. In other words, we need an army of cyber accountants.
6 minute read
December 07, 2023 | New York Law Journal

Manhattan DA Announces Charges Against Ex-Prosecutor in Alleged Affordable Housing Fraud Spree

"Affordable housing is a scarce resource in this city, and it is intended for eligible New Yorkers in need," New York City Department of Investigation Commissioner Jocelyn Strauber said.
3 minute read
December 07, 2023 | Corporate Counsel

Ex-JPMorgan Assistant GC Accused of NYC Affordable Housing Fraud Spree

"Affordable housing is a scarce resource in this city, and it is intended for eligible New Yorkers in need," New York City Department of Investigation Commissioner Jocelyn Strauber said.
3 minute read
December 06, 2023 | New York Law Journal

Judgment Lienholders Versus UCC Lienholders: Who Wins When It Comes to Cash?

Judgment creditors frequently encounter difficulties enforcing their judgments against debtors, particularly those in distressed circumstances. A recent decision by the Court of Appeals of Ohio in 'Wulco v. The O'Gara Group & Monroe Capital Partners Fund' involved a battle between a judgment creditor and a UCC secured creditor, each seeking to obtain funds in a debtor's bank account. The court examined not only the relative rights of the creditors as to those funds, but also whether a court clerk to whom the funds were transferred (as part of garnishment proceedings) could be a "transferee" under Section 9-332 of the Uniform Commercial Code, thereby stripping away any prior security interest.
12 minute read
November 28, 2023 | The American Lawyer

Deal Watch: This M&A Partner Just Had Two Big Deals on Same Day

Karessa Cain led Wachtell teams for eBay and Jacobs Solutions for deals announced on same day.
8 minute read
November 22, 2023 | Corporate Counsel

Fintech Veteran Tapped as GC of Pipedrive

Phillip Mellet is taking the legal reins of Pipedrive, which was founded in a garage in Estonia in 2010 and rocketed to a valuation of $1.5 billion by 2020.
2 minute read

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