Law news

Nasdaq Awarded $78M by Manhattan Federal Judge in Breach of Contract Lawsuit

Law news - Sat, 12/21/2019 - 00:29

The court said that Nasdaq had "established, in multiple respects," that Exchange Traded Fund Managers Group had kept millions of dollars in management fees, including a $1.5 billion cybersecurity fund known by its ticker symbol HACK.

       
Categories: Law news

Westchester Town Justice Suspended Without Pay by NY Court of Appeals

Law news - Fri, 12/20/2019 - 22:47

He was facing charges by the U.S. Attorney's Office for the Southern District of New York until he pled guilty in federal court earlier this month. His sentencing is scheduled for March.

       
Categories: Law news

High Court Judge Issues Scathing Dissent in Case Upholding Counterfeit Cash Charges

Law news - Fri, 12/20/2019 - 21:03

"None of that would have happened had he been affluent, drinking rosé with a chilled lobster picnic splayed out on Central Park's Great Lawn on a sunny summer afternoon," Associate Judge Rowan Wilson wrote.

       
Categories: Law news

White Plains Bankruptcy Trio to Merge With Davidoff Hutcher

Law news - Fri, 12/20/2019 - 21:02

Rattet PLLC, a bankruptcy boutique in Westchester County, is merging with Davidoff Hutcher & Citron effective Jan. 1.

       
Categories: Law news

Herrick, Feinstein Promotes Five Attorneys to Partner

Law news - Fri, 12/20/2019 - 20:40

And other announcements of recent hirings and promotions of New York attorneys.

       
Categories: Law news

Convicted Ex-Herrick Feinstein, Moritt Hock Tax Head Surrenders Law License

Law news - Fri, 12/20/2019 - 20:20

Harold Levine, who admitted to committing tax crimes and recently finished a federal prison sentence, tendered his resignation after previously fighting the effort to have him disbarred.

       
Categories: Law news

All Things Re-Considered: Hot Legal Topics in 2019

Law news - Fri, 12/20/2019 - 20:09

We've selected some of our standout episodes from the last year, which covered mental health, Big Law defections, in-house frustrations and cannabis. Take a listen.

       
Categories: Law news

Illegal Status: Passport to the Zone of Evidentiary Untouchability?

Law news - Fri, 12/20/2019 - 17:15

When a prior instance of misconduct involves the immigration status of a witness, in view of the current political and societal climate on the subject, should a different standard be applied as to the limitation of a defendant's right to confront their accusers and to carve out an exception to what has been understood for decades to be professionally responsible cross-examination?

       
Categories: Law news

Charitable Tax Benefits: Indexed Tax Adjustments for 2020

Law news - Fri, 12/20/2019 - 06:15

In his Estate Planning and Philanthropy column, Conrad Teitell discusses the IRS's annual inflation adjustment rules on minor quid pro quo benefits received for charitable gifts, and indexing of tax tables, personal exemptions, standard deductions and other tax provisions.

       
Categories: Law news

Friday Newspaper

Law news - Fri, 12/20/2019 - 06:00

Click on the selected day/section to open the New York Law Journal in PDF format.

       
Categories: Law news

Creditors Can't Recover From Tribune Investors Cashed Out in 2007 Leveraged Buyout, 2nd Circuit Rules

Law news - Fri, 12/20/2019 - 00:30

A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.

       
Categories: Law news

NY Litigator, Accusing Lender of Coup, Loses Control of His Law Firm

Law news - Fri, 12/20/2019 - 00:13

A bankruptcy judge placed employment litigator Jeffrey Liddle's firm in the hands of a Chapter 11 trustee Thursday.

       
Categories: Law news

Senate Confirms 3 to NY Federal District Court Judgeships

Law news - Thu, 12/19/2019 - 23:14

The bipartisan slate, which easily cleared final confirmation votes Thursday afternoon, included U.S. Bankruptcy Judge Mary Kay Vyskocil and Cleary Gottlieb Steen & Hamilton partner Lewis Liman for the Southern District of New York, as well as Gary Richard Brown, a Brooklyn federal magistrate judge, to serve in the Eastern District.

       
Categories: Law news

With Criminal Justice Reforms Coming, Albany DA Repurposes Old Tool With New Ideas

Law news - Thu, 12/19/2019 - 22:30

"We're dead in the water without it," Soares said of the fiber optic network that streamlines communication among county agencies.

       
Categories: Law news

Suspended for Allegedly Calling Prosecutors 'Sluts,' Long Island Attorney Sues, Says He Was Misheard

Law news - Thu, 12/19/2019 - 22:29

Attorney Eliot Bloom responded Thursday by filing a federal civil rights complaint against the New York state court system and several of its top officials.

       
Categories: Law news

Long Island Court Atrium Dedicated to Judge Arthur Spatt

Law news - Thu, 12/19/2019 - 21:36

On Dec. 17, judges for the U.S. District Court for the Eastern District held a special session to dedicated the atrium in the lobby of the Alfonse M. D'Amato Courthouse to Judge Arthur Spatt.

       
Categories: Law news

Judge OKs $77.5M in Legal Fees, Approves Equifax Data Breach Settlement

Law news - Thu, 12/19/2019 - 21:34

"I don't think anyone can credibly argue it doesn't provide substantial relief for the class now and in the future," U.S. District Chief Judge Thomas Thrash Jr. said of the settlement.

       
Categories: Law news

Accuser Sues Harvey Weinstein Under New York's Child Victims Act, Alleging Sexual Abuse

Law news - Thu, 12/19/2019 - 21:27

The Child Victims Act opened a one-year window, starting in August, for victims of child sex abuse to pursue civil claims against their alleged abusers or the institutions that allegedly harbored them.

       
Categories: Law news

Rakoff Refuses to Dismiss Lawsuit to Halt Immigration Arrests at State Courthouses

Law news - Thu, 12/19/2019 - 19:55

U.S. District Judge Jed Rakoff of the Southern District of New York said the lawsuit from New York Attorney General Letitia James and Brooklyn District Attorney Eric Gonzalez raised valid claims that the practice could have deleterious effects on the criminal justice system.

       
Categories: Law news

Five Key Employment Law Issues Facing NY Employers in 2020

Law news - Thu, 12/19/2019 - 17:45

With the ever-evolving legal landscape in state, it is important that New York employers stay on top of these important legal issues.

       
Categories: Law news