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Brad S Karp

Brad S Karp

April 24, 2014 | New York Law Journal

Determining Knowledge of Claim Dischargeable in Bankruptcy

In their Second Circuit Review, Paul Weiss partners Martin Flumenbaum and Brad S. Karp analyze the court's recent consideration of the level of scrutiny to apply, on a motion to dismiss, to allegations of lack of knowledge of a claim otherwise discharged in bankruptcy—specifically, whether delivery service and United Airlines customer DHL had adequately shown that it was unaware of United's alleged price-fixing activities until after United's bankruptcy plan was confirmed.

By Martin Flumenbaum and Brad S. Karp

12 minute read

March 24, 2014 | New York Law Journal

Fair Use Found in Distribution of Investor Conference Call Recording

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison discuss 'Swatch Group Management Services Ltd. v. Bloomberg L.P.,' in which the U.S. Court of Appeals for the Second Circuit examined the scope of copyright protection accorded a sound recording of a public company's conference call with investment analysts.

By Martin Flumenbaum and Brad S. Karp

12 minute read

February 26, 2014 | New York Law Journal

'Brady'-Based Section 1983 Claims After Guilty Plea

In their Second Circuit Review, Paul Weiss members Martin Flumenbaum and Brad S. Karp discuss 'Poventud v. City of New York,' in which the court, sitting en banc, considered whether a plaintiff whose initial conviction was tainted by disclosure violations under 'Brady v. Maryland' could pursue a 42 U.S.C. §1983 claim despite having pleaded guilty to lesser offenses in a second trial.

By Martin Flumenbaum and Brad S. Karp

11 minute read

January 29, 2014 | New York Law Journal

Overt Acts, Conspiracy and the Statute of Limitations

In their Second Circuit Review, Paul Weiss' Martin Flumenbaum and Brad S. Karp discuss 'United States v. Grimm,' in which the court considered whether routine payments by unindicted co-conspirators pursuant to guaranteed investment contracts constituted overt acts in furtherance of a conspiracy for purposes of the statutes of limitations.

By Martin Flumenbaum and Brad S. Karp

12 minute read

December 26, 2013 | New York Law Journal

Breathalyzer Tests of Police Officers Held Not to Violate Fourth Amendment

In their Second Circuit Review column, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison, discuss 'Lynch v. City of New York,' in which the U.S. Court of Appeals for the Second Circuit considered a Fourth Amendment challenge to the New York City Police Department's policy to administer breathalyzer examinations to any police officer who discharges a firearm resulting in death or personal injury.

By Martin Flumenbaum and Brad S. Karp

12 minute read

November 29, 2013 | New York Law Journal

Jurisdiction Over Foreign Financial Institutions

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp of Paul, Weiss, Rifkind, Wharton & Garrison, discuss the case 'Licci v. Lebanese Canadian Bank,' in which the court considered whether a district court's exercise of personal jurisdiction over a foreign bank based on its correspondent banking accounts in New York is consistent with the due process protections of the U.S. Constitution.

By Martin Flumenbaum and Brad S. Karp

10 minute read

February 27, 2013 | New York Law Journal

Court Construes Short-Swing Profit Rule

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp, members of Paul, Weiss, Rifkind, Wharton & Garrison, discuss 'Gibbons v. Malone,' in which the U.S. Court of Appeals for the Second Circuit considered a novel application of the "short-swing profit rule" of Section 16(b) of the Securities Exchange Act of 1934 (Exchange Act).

By Martin Flumenbaum and Brad S. Karp

26 minute read

December 05, 2012 | New York Law Journal

Court Approves Broad Injunctive Relief in Case Over Sovereign Debt Instruments

In their Second Circuit Review, Paul, Weiss, Rifkind, Wharton & Garrison members Martin Flumenbaum and Brad S. Karp review a decision in which the court concluded that Argentina breached a promise to repay certain bondholders in the wake of the nation's default, and upheld a wide-ranging injunction designed to help cure the breach.

By Martin Flumenbaum and Brad S. Karp

12 minute read

April 25, 2012 | New York Law Journal

Supervised Release Not Terminated by Deportation

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp, members of Paul, Weiss, Rifkind, Wharton & Garrison, anaylyze a Circuit decision not to terminate supervised release upon deportation, a move which allows for longer sentences of defendant-aliens who reenter the United States and commit criminal offenses here post-deportation.

By Martin Flumenbaum and Brad S. Karp

10 minute read

June 27, 2012 | New York Law Journal

Court Adopts Bifurcated Approach to Treatment of Hybrid Securities

In their Second Circuit Review, Martin Flumenbaum and Brad S. Karp, members of Paul, Weiss, Rifkind, Wharton & Garrison, write that the Second Circuit's decision in 'Analytical Securities' provides some helpful clarifications regarding the debt and borderline transaction exceptions to �16(b)'s prohibition of short-swing insider trading. But more importantly, they say, this decision resolves disagreement within the district courts about the proper treatment of hybrid securities under the Exchange Act.

By Martin Flumenbaum and Brad S. Karp

14 minute read