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New York Law Journal

Class Action Against Equity Crowdfunder Over Misleading Emails Moves Forward

The suit alleges potential investors were mislead by emails urging them to purchase stock failing start-up NowRx.
2 minute read

The Legal Intelligencer

Offit Kurman Hit With $4M Legal Mal Judgment Over Client's Multimillion-Dollar Loss

"A lawyer's job is to do the best you can with whatever the facts are," Mitts said, "but you can't skew the game by failing to respond to requests."
3 minute read

Texas Lawyer

Meet Texas' First Contingent of Business Court Judges

The first 10 judges are each assigned to one of the five business court divisions based in Texas' largest cities, with an additional six divisions in more rural areas expected to be further developed in upcoming legislative sessions.
8 minute read

New York Law Journal

'Lifeline' for Fraud?: Chinese Lender Accused in Lawsuit by Quinn Emanuel Lawyers of Facilitating Fintech Scheme

The $140 million lawsuit accuses Chinese Construction Bank Corp. and related entities of issuing the "lion's share" of phony letters of credit that facilitated Vesttoo's alleged multibillion-dollar fraud.
3 minute read

New York Law Journal

Internova Travel Group Accused of Fraud, Theft in New Lawsuit

Plaintiffs Milne Travel Agency and Scott Milne accuse defendants of lying, stealing, and using "pressure tactics" as part of an attempt to get Milne to sell his ownership shares in the company, which has been in his family since 1975.
4 minute read

New York Law Journal

Real Estate Fund Sues Fiduciary After $58 Million USD Converted to Euros

Plaintiffs, represented by a team at Steptoe, claim Land Services USA breached their contractual and fiduciary obligations as escrow agent while disbursing a loan from Deutsche Bank Luxembourg in July.
2 minute read

New York Law Journal

Referee Recommends $3 Million in Attorney Fees on $500,000 Judgment

"While the simple act of paying the judgment would have ended this matter, defendants chose to litigate this action for fourteen years," a judicial hearing officer wrote in her recommendation.
3 minute read

Delaware Business Court Insider

Cook: Default Judgment or Not, Plaintiffs Need to Show Work to Obtain Damages

Vice Chancellor Nathan Cook, in an opinion, granted Tyler and Cameron Winklevoss and their investment fund only a fraction of the $1.3 million they claimed to be owed by the founder of a magazine they invested in.
4 minute read

New York Law Journal

'Overwhelming Evidence': NY AG Urges Appeals Court to Uphold Trump Civil Fraud Judgment

The AG's submission defends the lower court's ruling as necessary to ensure "the integrity of the marketplace."
3 minute read

International Edition

Deutsche Bank Settles with 60% of Postbank Shareholders After 14-Year Legal Battle

Law firms Hengeler Mueller and Bayer Krauss Hüber advised on the settlement.
2 minute read

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