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September 02, 2003 |

9/11-Related Suits Against City Dismissed

Deutsche Bank's claims that New York City was responsible for the destruction or damage of its offices near the World Trade Center out of negligence because city-owned diesel gas tanks exploded following the Sept. 11 terror attacks have been dismissed by a federal judge for inadequate pleading. The judge granted leave to replead claims of negligence per se and private and public nuisance, but left the impression they would be difficult to sustain.
4 minute read
March 09, 2004 |

Insurer Must Pay for Tyco CEO's Defense

As former Tyco International CEO L. Dennis Kozlowski's criminal trial wound down to summations, he received a piece of good news. Manhattan Supreme Court Justice Helen E. Freedman granted Kozlowski's motion for a declaration that Federal Insurance Co. must pay his defense costs in the Manhattan criminal case and federal securities cases filed in New Hampshire, as well as defend him in consolidated federal ERISA cases filed by Tyco employees in that state.
4 minute read
June 08, 2005 |

Internet Firm Told to Identify E-Mail Sender

An Internet service provider must hand over documents that disclose the identity of a person who sent an allegedly libelous e-mail about an executive director to the company's board, a Manhattan judge has ruled, finding that the First Amendment does not preclude discovery. The Public Relations Society of America and its director initiated an action against Road Runner High Speed Online, seeking all documents concerning the e-mail and the user of the originating Internet address.
4 minute read
December 01, 2003 |

Taunus Corporation v.New York City

2 minute read
June 08, 2005 |

Internet Firm Told to Identify E-Mail Sender

An Internet service provider must hand over documents that disclose the identity of a person who sent an allegedly libelous e-mail about an executive director to the company's board, a Manhattan judge has ruled, finding that the First Amendment does not preclude discovery. The Public Relations Society of America and its director initiated an action against Road Runner High Speed Online, seeking all documents concerning the e-mail and the user of the originating Internet address.
4 minute read
December 21, 2005 |

What Do SEC's Securities Offering Reforms Mean for Small Public Companies?

On June 29, 2005, the Securities and Exchange Commission adopted the most significant Securities Act reforms in decades. But what do these reforms mean to smaller public companies? The new rules are aimed at liberalizing the registration process and easing various communications restrictions during a securities offering period. Unfortunately, a significant part of these reforms are aimed at a specific class of large public companies, leaving many smaller companies without the same benefits.
9 minute read
April 15, 2003 |

3 minute read
May 16, 2007 |

Marketplace

Deutsche Bank AG has sold 60 Wall Street, its 47-story North American headquarters, to Paramount Group Inc., the real estate arm of the Germany-based mail-order retail company Otto Group. The closing price was $1.18 billion, the largest value yet recorded for a commercial real estate transaction in the downtown area. Also, affiliates of SL Green Realty Corp. have purchased 331 Madison Avenue and 48 East 43rd Street for $60 million and $13 million, respectively.
3 minute read

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