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15 Apr 2024, 9:01 pm
Two federal district courts recently upheld decisions by the Federal Reserve Bank of Kansas City (FRBKC) and the Federal Reserve Bank of San Francisco (FRBSF) to deny master account applications from Custodia Bank (Custodia) and PayServices Bank (PayServices). [read post]
15 Apr 2024, 3:00 am
” “Accordingly, the order of the Supreme Court, [*4]New York County (Andrew Borrok, J.), entered April 26, 2023, which, insofar as appealed from, granted defendant Getzel Schiff & Pesce, LLP’s motion to dismiss, should be reversed, on the law, without costs, and the motion denied. [read post]
5 Apr 2024, 6:00 am
New York is one of the first states to consider BNPL regulation. [read post]
29 Mar 2024, 6:00 am
Supreme Court’s ruling in Illinois Brick Co. v. [read post]
18 Mar 2024, 5:23 pm
The city’s bankruptcy plan was eventually approved in November 2014, eliminating $7 billion worth of debt.[17] Bankruptcy of a Not-Profit – The New York City Opera The New York City Opera, founded in 1943 and known as “The People’s Opera,” aimed to offer innovative and affordable opera experiences. [read post]
4 Mar 2024, 5:56 pm
See Jennifer Senior, InConversation: Antonin Scalia, New York Magazine, Oct. 4, 2013. [read post]
27 Feb 2024, 2:21 pm
” Art Works, Inc., the entity that owns the gallery, brought the lawsuit in the New York State Supreme Court. [read post]
12 Feb 2024, 6:07 am
The new complaint, a copy of which can be found here, arguably represents a new direction in ERISA liability litigation, perhaps the next big thing after all of the ERISA excess fee litigation. [read post]
8 Feb 2024, 10:18 am
” Whether an act is “materially misleading” under New York law is an objective inquiry, and “generally a question of fact not suited for resolution at the motion to dismiss stage. [read post]
5 Feb 2024, 4:32 am
In 2012, the co-op commenced a nonpayment proceeding in the Civil Court of the City of New York against the plaintiff. [read post]
31 Jan 2024, 9:01 pm
District Court for the Southern District of New York granted Macquarie’s motion to dismiss, holding that the plaintiffs had failed to plead an actionable misstatement or omission, a violation of Item 303, and scienter. [read post]
25 Jan 2024, 6:26 am
New York State Teachers’ Ret. [read post]
23 Jan 2024, 9:01 pm
The $1 billion settlement – approved by the Southern District of New York on September 8, 2023 – is one of the Top 20 largest of all time. [read post]
6 Jan 2024, 6:00 am
Political Culture and the January 6, 2021, Insurrection” Expert Statement Heidi Beirich (Co-Founder and Executive Vice President, Global Project Against Hate and Extremism)“The Role of the Proud Boys in the January 6th Capitol Attack and Beyond”Expert Statement *Heidi Beirich (Co-Founder and Executive Vice President, Global Project Against Hate and Extremism) and Wendy Via (Co-Founder and President, Global Project Against Hate and… [read post]
22 Dec 2023, 11:00 am
Thompson-in federal court, asserting wage claims under the Fair Labor Standards Act and New York Labor Law and violations of New York Labor Law § 740. [read post]
29 Nov 2023, 9:01 pm
District Court for the Southern District of New York ruled that Ripple’s XRP token is not a security and did not constitute an investment contract when sold on the secondary market; this was the first court to decide that a digital asset challenged by the SEC was not a security.[10] ESG The SEC also continued its focus on ESG, with several new actions relating to what the agency viewed as misleading ESG claims. [read post]
21 Nov 2023, 3:15 pm
A newly-announced settlement agreement and corrective action plan (the “Settlement”) between a prominent New York academic medical center and the U.S. [read post]
13 Nov 2023, 5:05 am
In StarNet Insurance Co. v. [read post]
24 Oct 2023, 9:01 pm
There is also new Commission rulemaking. [read post]
23 Oct 2023, 4:44 am
True, on a couple of occasions New York appellate courts have ordered buy-outs in LLC dissolution cases. [read post]
