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September 19, 2024 | Texas Lawyer

Gibbs & Bruns Safeguards $38M Judgment for Occidental Against Wells Fargo

A series of miscommunications between Wells Fargo and Occidental Petroleum's agent led to a delay in the sale of stock and an alleged loss of $38 million, Occidental claimed.
4 minute read
September 17, 2024 | The American Lawyer

Deal Watch: Midmarket Private Equity Activity Helps Fuel Law Firm Demand

The lack of big PE deals has been a damper on overall deal activity while midmarket work has picked up some of the slack. That may change soon.
8 minute read
August 19, 2024 | New York Law Journal

CPLR 5704 Is a Powerful, but Poorly-Defined, Tool That Highlights Department Differences

CPLR Section 5704 ("Review of ex parte orders") provides an avenue for Appellate Division review of such a refusal to sign an order to show cause. Unfortunately, however, New York courts have yet to provide clear guidance on when such applications will or will not be granted.
8 minute read
August 06, 2024 | New York Law Journal

Departmental Schism Re Post-Judgment Reviewability of Sua Sponte Orders Continues

"The statute and 'Sholes' impose an onerous time-consuming process upon the aggrieved party who may be in need of immediate relief from a sua sponte order," writes Elliott Scheinberg.
8 minute read
August 05, 2024 | The American Lawyer

Deal Watch: How Latham Got the Work Behind the Largest IPO of 2024

In something of a departure from Latham's traditional IPO work, the firm ushered Lineage through the full process of funding the company, scaling it, making acquisitions and, now, a public offering.
12 minute read
Law Journal Press | Digital Book Georgia Construction Law Handbook 2024 Authors: T. BART GARY, JAKE CARROLL View this Book

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July 22, 2024 | The American Lawyer

Deal Watch: What Does Biden's Exit Mean for the Deal Market?

While President Joe Biden's decision to step aside has answered some questions, said Freshfields' Paul Tiger, "it's only raised others—who the nominee now might be, his or her ability to beat Trump, what else might happen?"
8 minute read
July 12, 2024 | New York Law Journal

Second Department Seeks Termination of Sua Sponte Dismissals of Complaints

While it's well settled law in all four appellate departments that "a court's power to dismiss a complaint, sua sponte, is to be used sparingly and only when extraordinary circumstances exist to warrant dismissal," trial courts continue to disregard this stentorian directive with no end in sight.
11 minute read
July 02, 2024 | New York Law Journal

Condominium Board's Authority; Sua Sponte Dismissal: This Week in Scott Mollen's Realty Law Digest

Scott Mollen discusses "Mangold v. Board of Managers of Meadow Court Condominium," and "Wells Fargo Bank N.A. v. Louis."
18 minute read
July 02, 2024 | New York Law Journal

Lenders Blasted for 90-Day Notice (With One Saving Grace)

While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
9 minute read
June 27, 2024 | Law.com

The Law Firm Disrupted: Rising Billing Rates, Rising Partner Compensation

For buyers of legal services, the two phenomena of rising billing rates and rising comp unfolding simultaneously sends the wrong impression.
4 minute read

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