By Chris O'Malley | August 3, 2023
A powerful U.S. regulator alleges the industry is rife with shenanigans, conduct it's trying to rein in by filing lawsuits.
3 minute read
By Barbara Goodstein | August 2, 2023
The proposed changes to the UCC effected by the 2022 amendments are numerous, affecting every article in the statute. Among those changes are amendments to the definition of "money" and how a security interest in that type of asset can be perfected. In her Secured Transactions column, Barbara Goodstein discusses the treatment of money under the 2022 UCC amendments and how it's affecting the progress of adoption of the amendments throughout the states, and the "loosely titled hip-pocket amendment" that will try to resolve the issue impeding adoption.
8 minute read
By Lisa Willis | August 1, 2023
Attorney Glenn Moses attributes the uptick to "...a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing."
3 minute read
By Patrick Smith | July 31, 2023
The partner lateral market has been fairly active, but Simpson Thacher has taken its latest two partners from outside the Big Law sphere.
3 minute read
By ALM Staff | July 20, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
By Michael A. Mora | July 19, 2023
The Florida Supreme Court disbarred the attorney and several others, including a Broward Circuit Court judge, stemming from their role in the stolen legal fees.
3 minute read
By Scott Mollen | July 18, 2023
Scott Mollen discusses "Mansion Realty LLC v. 656 7th Ave. Gym LLC," and "Bank of NY Mellon Trust Co. NA v. Hendrickson."
17 minute read
By Zachary M. Rosenberg | July 18, 2023
Fearing potential penalties and asset forfeiture by federal banking regulators, most financial institutions have steered away from cannabis all together, leaving state-licensed cannabis businesses with limited options when it comes to opening checking accounts, borrowing money, and accessing other banking services.
8 minute read
By Mason Lawlor | July 11, 2023
This case was first surfaced by Law.com Radar.
2 minute read
By Anne S. Babineau and David H. Stein | July 11, 2023
One of the most significant considerations for a redevelopment project facing financial distress will be the impact of the prohibition against transfers found in the Local Redevelopment and Housing Law, which requires all redevelopment agreements to include a "provision that the redeveloper shall be without power to sell, lease or otherwise transfer the redevelopment area or project, or any part thereof, without the written consent of the municipality or redevelopment entity."
9 minute read
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Frederick D. Miceli has joined the firm as Of Counsel
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