June 17, 2022 | New York Law Journal
A Final Agreement and a Losses Sharing Provision Might No Longer Be 'Indispensable' Elements of Joint Venture AgreementsThe full impact of the First Department's decision, on both the issue of the loss sharing provision as well as the requirement that the purported agreement be final as opposed to an agreement to agree, remains to be seen, but perhaps signals a shift from a more rigid consideration of these two elements under New York law.
By Lara Flath and Thania Charmani
7 minute read
April 13, 2022 | New York Law Journal
Corporations' Liability Shield Under the Communications Decency ActIn 'Word of God Fellowship v. Vimeo', the First Department dismissed claims of breach of contract and unjust enrichment, holding that an Internet service provider's good faith decision to remove content that it considers objectionable is immune from liability under §230(c)(1) of the Communications Decency Act.
By Lara Flath and Thania Charmani
8 minute read
February 09, 2022 | New York Law Journal
Fiduciary Duties in Arms-Length Business TransactionsThis article discusses a recent holding that diverges from the well-established principle that arms-length transactions generally do not create fiduciary obligations and arguably raises the bar for fiduciaries by expanding the scope of liability stemming from transactions that would ordinarily be shielded from scrutiny.
By Lara Flath and Thania Charmani
6 minute read
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