On April 24, 2018, the Securities Exchange Commission (“SEC” or “Commission”) announced that Altaba, Inc. (“Altaba”), the successor in interest to Yahoo! Inc. (“Yahoo”), agreed to pay $35 million to …
In Shakespeare’s Romeo and Juliet, Juliet utters the oft quoted phrase, “parting is such sweet sorrow,” when saying goodnight to Romeo. While Juliet may have been upset that Romeo was …
On April 9, 2018, Justice Shirley Werner Kornreich of the Supreme Court, New York County, Commercial Division granted a motion for summary judgment involving claims that the defendant owed the …
New York creditors often look to the Debtor and Creditor Law (the “DCL”), as well as the common law, to recover assets that have been (or may be) transferred by …
One of the first things students are taught in law school is that, to be valid, a contract must be supported by consideration. In Reddy v. Mihos (April 17, 2017), …
Recently, this Blog wrote about the law governing the theft or misappropriation of trade secrets. (Here.) As noted in that post, with the exception of New York and Massachusetts, the …
It is not uncommon for drafters of contracts and statutes to use the word “notwithstanding” to establish precedence over other provisions in the document. Cisneros v. Alpine Ridge Group, 508 …
Sometimes in litigation, the facts get in the way of the desired results. Such was the case for the defendant in Age Group, Ltd. v. Martha Stewart Living Omnimedia, Inc. …
The Securities and Exchange Commission (“SEC”) has been busy so far this spring. In the latest roundup, this Blog looks at enforcement actions taken by the SEC against investment advisors, …
Commercial litigation involving mortgage-backed securities (MBS) cases can be complex and labor-intensive. Attorneys handling MBS cases often must follow intricate and multiple transactions involving many players, including securities issuers, securities …
