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Michael Virtanen

Michael Virtanen

July 18, 2014 | New York Law Journal

New York Proposes Regulations for Bitcoin

Benjamin Lawsky, head of the Department of Financial Services, said his agency is trying to protect consumers and prevent money laundering without stifling innovation in establishing "BitLicenses" for firms involved in receiving, transmitting and storing virtual currency.

By Michael Virtanen

3 minute read

July 10, 2014 | New York Law Journal

Uber Agrees to Put Brakes on Pricing During Emergencies

The car service Uber has agreed to limit prices during emergencies, natural disasters or other unusual market disruptions consistent with New York's law against price gouging, the company and state attorney general said Tuesday.

By Michael Virtanen

3 minute read

June 05, 2014 | New York Law Journal

City Defends Limits on Sugary Drinks to Preserve Health

New York City officials urged the state's top court on Wednesday to reinstate the city's ban on big sodas, arguing that the local Board of Health has authority to restrict products that make people obese and contribute to disease.

By Michael Virtanen

3 minute read

May 28, 2014 | Daily Report Online

Disabled NY Man is Killed, Estate Gets $11M Bill

Two years after a 33-year-old mentally disabled man died at a state institution in Queens, and one year after his sister filed a lawsuit accusing the staff of killing him, New York officials have sent her an $11.67 million bill.

By Michael Virtanen

3 minute read

May 22, 2014 | Daily Report Online

New York Attorney General, Airbnb Reach Accord

New York state's attorney general and the website Airbnb have reached agreement on information disclosures about short-term New York City apartment rentals in a state investigation of illegal hotels.

By Michael Virtanen

3 minute read

May 19, 2014 | New York Law Journal

Acquittal of Bruno Ends Nine-Year Corruption Probe

Retired Senator Joe Bruno quietly thanked his lawyers, family and friends, who surrounded him with hugs and handshakes after he was acquitted Friday of federal fraud charges.

By Michael Virtanen

4 minute read

April 11, 2014 | New York Law Journal

Bharara Critical of Moreland Panel Shutdown

U.S. prosecutors are taking the remaining files of New York's anti-corruption commission as the panel shuts down, and they plan to complete the state investigations, Southern District U.S. Attorney Preet Bharara said Thursday.

By Michael Virtanen

4 minute read

February 27, 2014 | New York Law Journal

SEC Rejects Proposals From Comptroller for Proxy Statements

The shareholder proposals ask two banks' boards to identify employees with the ability to expose them to major losses because of their portfolios and bonus incentives, but the SEC found they were too broadly written.

By Michael Virtanen

3 minute read

January 14, 2014 | New York Law Journal

Troopers' Union Challenges Release of Attica Documents

The union has a duty to protect the rights of troopers forced to testify about their actions during the 1971 riot and retaking of Attica state prison, Police Benevolent Association President Thomas Mungeer said Friday.

By Michael Virtanen

4 minute read

November 21, 2013 | Daily Report Online

New York Court Rejects 'Too Intoxicated' Murder Defense

New York's highest court upheld the murder convictions Thursday of three drivers who caused deadly crashes, rejecting arguments they were too intoxicated to know the threat they posed.

By Michael Virtanen

4 minute read