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July 06, 2023 | The Legal Intelligencer

Bankruptcy Transferring Control to Parent Was Filed in Good Faith

In recent years, as extensive pre-bankruptcy planning has evolved, bankruptcy filings frequently involve affiliates of larger companies, engineered with a structuring of liabilities in mind. This is especially relevant in the area of mass tort litigation. The question of whether these targeted filings are for a legitimate bankruptcy purpose or should be dismissed has been the subject of significant high-profile litigation.
10 minute read
July 03, 2023 | The Legal Intelligencer

What's Inside: The Value of a Gift and Maximizing Gifting Strategies

With the $12.92 million lifetime estate and gift tax exemption and the $17,000 annual gift tax exclusion being at all-time highs and indexed for inflation, many advisers are recommending families review their willingness and ability to develop an annual gifting plan and implement more substantial gifting strategies.
9 minute read
Flores v. Cargill Inc.
Publication Date: 2023-07-03
Practice Area: Employment Compliance | Employment Litigation | Labor Law | Wage and Hour Litigation
Industry: State and Local Government
Court: U.S. District Court for the Northern District of New York, U.S. - NDNY
Judge: District Judge David N. Hurd
Attorneys:
For plaintiff: Attorneys for Plaintiff: James T. Towne, Jr., Esq., Ryan L. Abel, Esq., of counsel, The Towne Law Firm, P.C., Albany, NY.
For defendant: Attorneys for Plaintiff: Daniel H. Dorson, Esq., Gerald T. Hathaway, Esq., Matthew Fontana, Esq., Faegre Drinker Biddle & Reath LLP, New York, NY.
Case number: 1:23-CV-38

NYLL §191 Payment Claim Alleges Injury in Fact Providing Standing Under FRCP 12(b)(1)

June 26, 2023 | The Legal Intelligencer

DEI Efforts Will Continue If We Are Willing to Continue

May I suggest that the expression of exhaustion in this work is a place for the privileged even if understandable. Let's pause and reset and reinvigorate each other, when necessary, but don't give up now.
4 minute read
June 22, 2023 | New Jersey Law Journal

$26M Award Hangs in Balance as Court Scrutinizes Alleged Attorney Missteps

The court will also consider whether the defendants waived the attorney-client privilege for certain communications, and whether certain statements by plaintiffs' counsel during summation were improper or misleading.
5 minute read
Law Journal Press | Digital Book New Jersey Estate Litigation 2014 Authors: Michael R. Griffinger, Paul F. Cullum III View this Book

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June 22, 2023 | The Legal Intelligencer

Changing How We Look at Structured Settlement Transfers

In my March article, I wrote about the Cordero case, which remains well-known in the relatively small and insular structured settlement industry. Lujerio Cordero had sold, in six separate transactions, the majority of his guaranteed income streams from a structured settlement annuity to third-party factoring companies.
8 minute read
June 20, 2023 | National Law Journal

The 2023 NLJ 500: Law Firms to Note

From transformative mergers, to big head count growth at Kirkland & Ellis and declines at Jones Day, here are some of the most noteworthy moves within the NLJ 500.
5 minute read
June 19, 2023 | New York Law Journal

NYC's Accelerator Program: PACE May Quicken in the City

Although the initial compliance period under LL97 is less than 6 months away, the authors are unaware of loans having closed under the Accelerator Program during the past year. This article sets forth some of the Accelerator Program's challenges and how certain proposed changes to its rules may improve upon its accessibility for LL97 compliance.
9 minute read
June 16, 2023 | Litigation Daily

Litigator of the Week Runners-Up and Shout Outs

Runners-up this week include lawyers from Hogan Lovells, Quinn Emanuel, Otterbourg, Weil Gotshal and Gibson Dunn.
8 minute read
June 15, 2023 | New Jersey Law Journal

On the Move and After Hours: Szaferman Lakind; Gibbons; Stark & Stark; Riker Danzig

Szaferman Lakind gets a new partner; Stark & Stark welcome three new associates; and more moves.
6 minute read

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