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By Mason Lawlor | March 18, 2024
"Probably the largest transaction that people will make is buying or selling a home, so for most Americans, being able to save a significant amount of money in connection with that transaction is really meaningful, and it's one of the reasons I wanted to work on this," Plaintiffs' attorney, Robert A. Braun of Cohen Milstein Sellers & Toll, told Law.com.
4 minute read
By Mason Lawlor | January 22, 2024
This case was first surfaced by Law.com Radar.
3 minute read
By Maria Dinzeo | November 3, 2023
"It's the toxic culture that's causing employees to call for wholesale change," said Robert Föehl, executive-in-residence for business law and ethics at Ohio University.
8 minute read
By Adolfo Pesquera | October 9, 2023
"Clark—who was in a supervisory position as PSE's Head of Northeast Trading and later as PSE's President—steered natural gas block trading business to (the third party) and others," the complaint alleges.
4 minute read
By Allison Dunn | August 30, 2023
"With respect to the industry as a whole, if we end up with a patchwork of state regulation around broker-dealer standards of care, it's going to be very difficult for the broker-dealer community, particularly those that operate on a national level to understand what the requirements are where they operate," said K&L Gates partner Rich Kerr of the recent decision dismissing Robinhood Financial's challenge to Massachusetts' "fiduciary duty rule."
4 minute read
By Ross Todd | August 25, 2023
The settlement announced this week with multiple banks over claims they colluded to prop up fees in the stock lending market comes after an earlier $81 million deal with Credit Suisse affiliates.
8 minute read
By Melea VanOstrand | August 21, 2023
"It's pivotal to portray not just the physical spaces to the minimum detail but also the lifestyle and aspirational aspects of the new development," said Alvaro Alesso, co-founder and COO at YUPIX.
5 minute read
By Maydeen Merino | August 15, 2023
"The SEC is just making it very clear to the industry that we're expecting these private fund administrators to protect the fund and its investors," attorney Will Atherton said.
4 minute read
By Maydeen Merino | August 4, 2023
Agency issues risk alert that investment firms are not meeting their compliance obligations.
4 minute read
By Allison Dunn | May 5, 2023
"We think this rule falls far outside what is a reasonable rule of unethical because one, it conflicts with the SEC's rule; two, it conflicts with the common law; and three, the secretary has pointed to no authority outside the state that has adopted a similar rule," Amy M. Saharia, a partner at Williams & Connolly, argued on behalf of Robinhood, noting that Section 415 of the act in question makes clear to "make the law of Massachusetts uniform with its sister jurisdictions and the federal government."
5 minute read
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In Memoriam: Richard "Dick" K. DeScherer (1944-2024) We mourn the loss of our friend and former partner and Co-Chairman, Richard "Dick" K. DeScherer. Dick was a member of Willkie Farr & Gallagher LLP for more than 24 years. He was the consummate business lawyer, wonderful colleague and true friend. He joined the Bloomberg organization in 2012, a client for whom he had served as their principal legal advisor since their inception, and later was appointed as a member of their board. Dick's knowledge and experience were unparalleled, as evidenced by appointment to leadership and board positions at numerous well-respected organizations. He was deeply involved in civic and community engagements through his work with the S.L.E. (Lupus) Foundation, Lupus Research Institute, United Hospital Fund of New York, Lincoln Center for the Performing Arts, National Dance institute, and Baryshnikov Dance Foundation, among others. He received an LL.M. in Taxation from New York University in 1970, a J.D. from Georgetown University Law Center in 1969, and a B.A. from the University of Virginia in 1966. He was a member of the American Bar Association, the New York State Bar Association and the Association of the Bar of the City of New York. We offer our sincerest condolences to his family, including his wife Jennie, son Christopher and wife Amanda, daughter Kate, and grandchildren Emmett, Serena, George, Emily and Madeline. We will remember Dick with the utmost respect, admiration and affection. His loss will be felt by his many friends and colleagues at Willkie, and by all those whose lives he touched.
Congratulations to FLB Law's Newest Partner Matthias J. Sportini
Welcome Judge Joseph Quinn (Ret.) The Honorable Joseph P. Quinn, J.S.C., retired New Jersey Superior Court Judge, served for 23 years in the court s Civil, Chancery, and Family Divisions, where he was a strong proponent of mediation and alternate dispute resolution. As the head of Ansell.Law s mediation practice, Judge Quinn provides a valuable resource to parties seeking a final and efficient resolution of their disputes. ANSELL GRIMM & AARON, PC 732-922-1000 https://ansell.law/