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March 16, 2021 | New York Law Journal

Pathways Around 'Morrison': Supplemental Jurisdiction for Securities Fraud Claims

New pathways have emerged for pursuing claims based on foreign exchange purchases, i.e., where the applicable U.S. and foreign law governing securities fraud are substantially similar.
11 minute read
April 24, 2020 | New York Law Journal

Waiver and Enforceability of Arbitration Agreements in Class Actions

On March 26, Magistrate Judge Robert Lehrburger issued an important decision in Chen–Oster v. Goldman, Sachs & Co., an employment discrimination class action against Goldman Sachs which is notable for two reasons. First, it addresses when a defendant in a certified class action waives its right to arbitrate. Second, it provides a comprehensive discussion of a topic the Second Circuit has not addressed: the enforceability of arbitration agreements signed after a class action is filed.
8 minute read
April 03, 2020 | New York Law Journal

Delaware Supreme Court Upholds Forum Selection Clause Provisions for Securities Act Claims

The decision will likely stem the tide of securities class actions being filed in state court following the U.S. Supreme Court's decision in 'Cyan', and may serve as a roadmap for proponents of arbitration clauses for securities litigation in corporate charters.
8 minute read
April 01, 2020 | New York Law Journal

2nd Circuit Revives Claims Against Banks Over Alleged Interest-Rate Manipulation

The ruling, from U.S. Court of Appeals for the Second Circuit Judge Michael Park, revived a lawsuit against Citibank, HSBC Holdings, Merrill Lynch International and other banks accused of rigging the yen LIBOR and Euroyen TIBOR, which reflect the cost of borrowing Japanese yen.
3 minute read
March 05, 2020 | New Jersey Law Journal

NEW PARTNERS YEARBOOK 2020

Profiles of 137 newly made and laterally hired partners at New Jersey firms, from February 2019 through January 2020,
57 minute read
Law Journal Press | Digital Book Limited Liability Companies and Limited Liability Partnerships Authors: Thomas A. Humphreys View this Book

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February 19, 2020 | ThinkAdvisor

UBS Snatches $6B Wealth Team From Goldman

The under-50 duo of Denis J. Cleary and Gregory M. Devine also have about $20 million in yearly fees and commissions.
2 minute read
February 19, 2020 | New York Law Journal

Restatement: International Commercial and Investor-State Arbitration

In his International Arbitration column, John Fellas discusses the Restatement of the U.S. Law of International Commercial and Investor-State Arbitration—a 12-year effort primarily concerned with the role of the U.S. courts with respect to arbitration proceedings. The author describes it as a "majestic, comprehensive, and clear account of the U.S. law of international and investor-state arbitration that belongs on the shelf of everyone involved those fields."
12 minute read
January 30, 2020 | Daily Report Online

Georgia Counties Ask Judge to Boot Goodwin Procter for Alleged Ethics Breach

Goodwin Procter says it committed no ethical violations while representing Bank of America in three sweeping predatory lending cases when it also began representing former bank employees whose statements form the backbone of the litigation against the bank.
4 minute read
January 23, 2020 | Daily Business Review

South Florida Attorney Wins $2M for Ex-MLB Player From Merrill Lynch

Schwed Kahle & Kress partner Lloyd R. Schwed of Palm Beach Gardens represents retired outfielder Angel Pagan and his wife on their investment claim.
4 minute read
December 31, 2019 | Corporate Counsel

Top Lawyers Make Year-End Exits: December 2019 In-House Moves

The end of the year brought high-level departures for Tesla Inc., Bed Bath & Beyond Inc. and The Coca-Cola Co. as general counsel retired or were hired elsewhere.
10 minute read

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