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21 Oct 2016, 5:16 am
In today's BrokeAndBroker.com Blog, we got two German banks, we got a Cayman Island shell company, we got lawyers hotly contesting a dispute in the New York State court system, and we got a feudal French legal concept that decides who wins -- not just your plain, everyday French legal concept but one going back to the days when dragons roamed the skies and way, way, way before you could get an all-day breakfast menu at McDonald's. [read post]
RON RADOSH: Glenn Beck, Frances Fox Piven, and how the New York Times Falsely Depicts the Controver…
24 Jan 2011, 4:00 am
RON RADOSH: Glenn Beck, Frances Fox Piven, and how the New York Times Falsely Depicts the Controversy. [read post]
30 Mar 2009, 3:19 am
Bankers are walking away from foreclosed properties according to this article in the New York Times. [read post]
6 Feb 2020, 9:11 am
Ruling on cross motions for summary judgment, a federal court in New York held that AIG Specialty Insurance Company (AIG) must cover the settlement of an underlying action against its insured, SS&C Technologies Holdings, Inc. [read post]
12 May 2010, 3:17 pm
The thieves withdrew the money in New York. [read post]
24 Apr 2022, 9:51 am
(Remember we separated banks between retail and commercial during the New Deal in the Glass Steagall legislation. [read post]
20 Jul 2023, 12:02 pm
In 2017, the Fed sanctioned the bank with a $41 million fine and the New York Department of Financial Services levied a $425 million penalty related to Russian equity trades that transferred $10 billion out of that country. [read post]
8 Dec 2023, 4:07 pm
Adam Satariano of the New York Times reports this evening that European Union policymakers have agreed on a new law, the A.I. [read post]
18 Dec 2018, 8:38 am
Friedman for the New York Times. [read post]
13 Dec 2010, 9:10 am
For a detailed picture of the way the Big Banks have controlled derivatives trading in order to make it a lucrative noncompetitive market for them and a costly market for derivatives endusers, read the article in the Saturday New York times: Louise Story, A Secretive Banking Elite Rules Trading in Derivatives, New York Times, Dec. 11, 2010. [read post]
19 Feb 2019, 3:47 pm
First, the Second Circuit affirmed the district court’s finding that the breach of contract claims were brought after the six-year statute of limitations expired, following the long line of New York cases holding (i) that a breach of contract cause of action accrues when the representations and warranties become effective; and (ii) that an express accrual clause cannot delay the statute of limitations under New York law.The Court also affirmed the district… [read post]
7 Oct 2010, 9:59 pm
It proudly announced that yet another bank I’d never heard of before was about to open a new branch on a busy corner in Manhattan. [read post]
12 Jul 2009, 2:09 pm
According to the New York Times, the parties filed a joint motion to continue the case over the weekend in the hopes they can settle:The Swiss bank UBS and United States federal prosecutors sought Sunday to delay a hearing scheduled for Monday so the two sides could try to settle their closely watched dispute over the release of names of wealthy American clients of the bank who are suspected of offshore tax evasion.But the postponement request, made in a joint… [read post]
2 Dec 2008, 10:21 pm
Aabar turned to Clifford Chance and Switzerland's Baer & Karrer for the transaction, while AIG tapped Weil Gotshal and the largest Swiss law firm, Lenz & Staehelin.Perhaps seeking to offset some of the $152 billion it now owes the federal government, New York-based insurance giant American International Group announced on Monday that it was selling its private banking subsidiary to Abu Dhabi-based Aabar Investments for $254 million. [read post]
13 Jul 2007, 3:38 am
Jul 05, 2007) (NO. 83, 84, 7181/00)Steven Banks, The Legal Aid Society, New York (Susan Epstein of counsel), for appellant. [read post]
20 May 2010, 1:58 pm
Action Threatens Unintended Consequences, New York Law Journal, May 20, 2010. [read post]
11 Mar 2010, 8:58 am
Mar 11, 2010) (NO. 2350)Steven Banks, The Legal Aid Society, New York (Jeffrey Dellheim of counsel), for appellant. [read post]
10 Apr 2008, 7:00 am
How, exactly, does one link the downfall of a New York State governor because of his purported tryst with a call girl to a terror mastermind? [read post]
9 Feb 2010, 9:49 am
A Mediocre Criminal, but an Unmatched Jailhouse Lawyer By ADAM LIPTAK Published: New York Times February 9, 2010 EXCER[TS FROM ARTICLE: While in prison, a former bank robber transformed himself into an accomplished Supreme Court practitioner.... [read post]
9 Feb 2010, 9:49 am
A Mediocre Criminal, but an Unmatched Jailhouse Lawyer By ADAM LIPTAK Published: New York Times February 9, 2010 EXCER[TS FROM ARTICLE: While in prison, a former bank robber transformed himself into an accomplished Supreme Court practitioner.... [read post]