Christine Simmons writes about the New York legal community and the business of law. Email her at [email protected] and find her on Twitter @chlsimmons
September 13, 2012 | New York Law Journal
Bank Sues Troutman, Saying Probe of Loan Details Was NegligentHSBC had hired Troutman to advise on a $100 million loan to Hassan Nemazee, a prominent fundraiser for Democrats. The bank claims that Robert Chanis, a partner at the time, learned of a discrepancy in the information provided by Nemazee when setting up the loan documents but didn't properly investigate.
By Christine Simmons
5 minute read
June 17, 2013 | New York Law Journal
Daily Routines of Smaller Firms Still Bedeviled by StormMany lawyers who have had to scramble to find alternate office space after Hurricane Sandy admit to meeting clients in homes or coffee shops, and several firms say they are still grappling with insurers over business interruption coverage.
By Christine Simmons
6 minute read
March 04, 2013 | New York Law Journal
Advisory Panel Recommends Change in CPLR Dismissal RuleAn advisory committee has proposed that courts be prevented from including a CPLR 3216 warning in a preliminary conference order after noting that many judges are giving a dismissal warning before there is actual evidence of neglect.
By Christine Simmons
7 minute read
January 04, 2013 | New Jersey Law Journal
Courtroom Comments at Core of Libel Suit Are Ruled PrivilegedAn employment lawyer's defamation claim against an adversary who had claimed he files frivolous lawsuits cannot stand because the comments were made during a judicial proceeding and are privileged, a New York State judge rules.
By Christine Simmons
4 minute read
March 08, 2013 | Law.com
A.G. Blasts Fee Request From Counsel for Madoff InvestorsA $42 million request for legal fees and expenses has been labeled "wildly excessive" by Attorney General Eric Schneiderman's office, which claims the 118,000 hours the class counsel say they devoted to a suit against Ivy Asset Management "is an astounding number to develop the same body of evidence that the Attorney General developed in 6,000 hours."
By Christine Simmons
6 minute read
October 01, 2013 | New York Law Journal
Proposal Would Boost In-House Pro Bono RoleUnder the proposed rule, once registered, in-house counsel could appear before any tribunal or court in the state on pro bono matters, without the need to seek pro hac vice admission, associate with a legal services provider or work under the supervision of a New York-licensed attorney.
By Christine Simmons
5 minute read
September 04, 2013 | Commercial Litigation Insider
Cadwalader Fails to Defeat Malpractice Suit Over Proxy FightCadwalader Wickersham & Taft failed to defeat a malpractice suit brought by Red Zone, an investment vehicle run by the owner of the Washington Redskins, after a state judge found the firm did not prove it gave adequate warning that a side letter it reviewed may not have limited Red Zone's liability in a proxy fight.
By Christine Simmons
5 minute read
August 20, 2012 | New York Law Journal
Judge Advises Lawyers to Find a Way to Settle Firm DisputeSince Justice O. Peter Sherwood set a date for the dissolution of Arkin Kaplan Rice at a July 20 hearing, ruling on income and rent disputes, attorneys for the ex-partners have collectively sent at least eight letters to the judge, accusing the other party of violating the ruling.
By Christine Simmons
5 minute read
March 26, 2013 | Law.com
DLA Piper Emails Reveal Firm Overbilled, Former Client SaysA former DLA Piper client who is challenging the firm over fees has filed with the court what he claims are internal emails by DLA attorneys who discuss deliberate overbilling, with one attorney allegedly writing about another's "churn that bill, baby!" approach.
By Christine Simmons
7 minute read
September 14, 2012 | Daily Report Online
Bank sues Troutman over loan transactionHSBC Bank claims Troutman Sanders failed to investigate details in a loan transaction, allowing a now-imprisoned investment banker to steal $75 million from the bank, according to a malpractice suit filed against the law firm in Manhattan Supreme Court.
By Christine Simmons
5 minute read
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