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14 Mar 2016, 2:56 am by Kevin LaCroix
  In 2015, the New York State Supreme Court, Appellate Division – First Department, was faced with two matters, both of which addressed whether bonds issued to entities formed for the purposes of investing and trading in securities, covered losses the entities sustained by investing in Madoff’s Ponzi scheme.[7]  In 2009, Madoff pleaded guilty to 11 federal felonies and was sentenced to 150 years in prison, the maximum allowed. [read post]
17 Feb 2016, 10:19 am by Amber Walsh
Altaris Capital Partners — Founded in 2002 and based in New York, Altaris seeks control and minority equity investments exclusively in healthcare. [read post]
4 Jan 2016, 4:08 pm by Kevin LaCroix
As discussed here, in a October 23, 2015 opinion , New York (New York County) Supreme Court Judge Charles E. [read post]
20 Dec 2015, 8:45 pm by Kevin LaCroix
According to an FBI agent quoted in the New York Times, Shkreli’s actions represented “a securities fraud trifecta of lies, deceit, and greed. [read post]
27 Oct 2015, 8:31 am by Steven Cohen
The City Of New York et al – United States District Court – Southern District of New York – October 23, 2015 – In this case, the defendant has made a motion to exclude the testimony of Dr. [read post]
26 Oct 2015, 7:37 pm
 New York commercial general liability insurers take note.Plaintiff Endurance American Specialty Insurance Company insured contractor Adelphia Restoration Corporation. [read post]
20 Oct 2015, 9:30 pm by Alina Artunian
States like California and New York, where Uber and Lyft are most frequently used, are struggling to adapt to these kinds of changes in employer-employee relations. [read post]
9 Aug 2015, 6:03 pm by Kevin LaCroix
”   The policy also contained an insured vs. insured exclusion that among other things precluded coverage for loss arising from a claim “by, or on behalf of, or at the behest of, any other Insured Person, the Company, or any successor, trustee, assignee or receiver of the Company. [read post]
4 Aug 2015, 4:30 am by Eric Turkewitz
The decision is here:Luciano and Lane v Kennedy Hat tip: Eliott Taub Updated:  The New York Law Journal also has the story, on its front page, with interviews of the attorney and defense counsel’s defense of their conduct. [read post]
4 Aug 2015, 4:30 am by Eric Turkewitz
The decision is here:Luciano and Lane v Kennedy Hat tip: Eliott Taub Updated:  The New York Law Journal also has the story, on its front page, with interviews of the attorney and defense counsel’s defense of their conduct. [read post]
23 Apr 2015, 8:00 pm by Kevin LaCroix
Attorney for the Eastern District of New York about the Chairman’s arrest can be found here. [read post]
5 Jan 2015, 4:14 am by Kevin LaCroix
  Taken together, the filings in the district courts in New York (including both the Southern District of New York and the Eastern District of New York) and the district courts in California accounted for a total of 82 securities lawsuit filings, or more than 48% of all 2014 lawsuit filings. [read post]
30 Dec 2014, 9:30 pm by RegBlog
The State of Inequality in America Lev Breydo (RegBlog) | December 2 Inequality has become “the defining challenge of our time” – a set of issues potent enough to propel a thick economics tome to the New York Times’ bestseller list. [read post]
1 Oct 2014, 8:11 am by Gerald Maatman, Jr.
District Court for the Western District of New York dismissed the EEOCs’ entire case against Sterling Jewelers with prejudice. [read post]
11 Sep 2014, 4:23 am by Kevin LaCroix
The first of these two prior lawsuits was filed on August 28, 2014 in the Southern District of New York against Santander Consumer USA Holdings, Inc., certain of its directors and officers and its offering underwriters. [read post]
1 Sep 2014, 9:00 am
An example, discussed in a 2008 New York Times article, came to light due to a tip from a rescue mission worker. [read post]
11 Aug 2014, 3:59 am by Kevin LaCroix
” The memo cites the example of Frederic Pierucci, a French citizen and former official of the French company Alstom SA, who was arrested when his plane landed at JFK Airport in New York, in connection with alleged bribing of Indonesian government officials. [read post]
14 Jul 2014, 3:53 pm by Sabrina I. Pacifici
At the local level, the New York metropolitan area, which encompasses northern New Jersey and Long Island as well, contains not only the highest number of homes at risk for potential storm surge damage (687,412), but also the highest total reconstruction value of homes exposed, at more than $251 billion. [read post]