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April 24, 2024 | New York Law Journal

Has the Seventh Circuit Opened the Door for Distressed Investors through Limiting the Risk of Failed LBOs or Other Stock Sales?

In March, the Seventh Circuit held that the same safe harbor provisions in the Bankruptcy Code may also extend to leveraged acquisitions structured as a purchase of privately held stock.
10 minute read
April 24, 2024 | Legaltech News

How to Manage Outside Counsel Spend—With the Help of Legal Technology

Here are three strategies legal teams can adopt to operate much more independently and optimally, and become far less reliant on outside counsel.
7 minute read
April 24, 2024 | Litigation Daily

Latham's 7-Year Fight to Reshape New York City Property Taxes

The firm won a ruling from New York's high court last month finding the city's property tax system was "unfair, inequitable and has a discriminatory disparate impact on certain protected classes of New York City property owners."
6 minute read
April 23, 2024 | New York Law Journal

Judicial Ethics Opinion 23-107

(1) A judge who previously served as General Counsel to the District Attorney is disqualified from presiding over any matter that the judge knows he/she was personally involved in or supervised in any way as an attorney, even minimally.
11 minute read
April 23, 2024 | New York Law Journal

No On-Time State Budget, No Pay for Legislators

Gov. Kathy Hochul and the state Legislature got the job done before the Passover observance and recess—what a difference a couple of hundred years, many zeroes, and politico-speak make, a Law Journal columnist writes.
5 minute read
April 23, 2024 | Daily Business Review

Reed Smith for the Win as AIG Loses in Federal Court

The jury found AIG mishandled part of the claims process for damage to the family's $95 million oceanfront mansion near Miami.
4 minute read
April 23, 2024 | New York Law Journal

Attorney Asks Appeals Court to Toss 'Burdensome' 20-Year FOIL Request for State Police Disciplinary Records

The Empire State's attorney countered by painting the New York Civil Liberties Union's request for 20 years' of state troopers' disciplinary records as "unduly burdensome," while estimating that it would take a full-time employee working on nothing else about 22 years to respond, and a part-time employee more than 40 years.
4 minute read
April 23, 2024 | New York Law Journal

National Enquirer Executive David Pecker Outlines Catch-and-Kill Plot for Trump Jurors

"Michael Cohen would call me and say, 'We would like for you to run a negative article on a certain—let's say it's on Ted Cruz,'" Pecker testified, recalling part of how the arrangement worked. "And then he, Michael Cohen, would send me negative information on Cruz, or Ben Carson, or Marco Rubio." Pecker added his staff would then "embellish" the fictional accounts from there.
6 minute read
April 23, 2024 | Corporate Counsel

Etsy Welcomed Aboard Ex-Facebook GC Colin Stretch With Baskets of Stock

Stretch joined the e-commerce company as chief legal officer in February 2023, his first in-house role since his 2013-19 run as the social media company's general counsel.
2 minute read
April 23, 2024 | New York Law Journal

Adverse Possession; Yellowstone Injunction; Tenancy Succession: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Henry v. Khan," "East 54th Operating LLC v. Brevard Owners, Inc.," and "Batts v. Carrion."
16 minute read

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