Suevon Lee

October 21, 2013 | Commercial Litigation Insider

A Manhattan judge has dismissed a $626 million lawsuit against Morgan Stanley arising from its sale of residential mortgage-backed securities, holding that the assignee-plaintiffs did not have standing to sue and that there were no losses suffered by the original purchasers of the certificates.

By Suevon Lee

4 minute read

June 28, 2013 | Commercial Litigation Insider

When Manhattan Supreme Court Justice Sherry Klein Heitler (See Profile) ordered that all new residential mortgage-backed securities cases be assigned to a single Commercial Division judge, she said the administrative change was made to promote "efficiency" and to avoid "inconsistent rulings."

By Suevon Lee

8 minute read

August 21, 2013 | Commercial Litigation Insider

Commercial Division decisions statewide now occupy their own text-searchable real estate on the New York State Law Reporting Bureau website, a feature anticipated to help litigators and judges alike build upon existing case law to shape strategy and analysis.

By Suevon Lee

4 minute read

July 08, 2013 | Commercial Litigation Insider

Gregory Arenson, a partner who specializes in commercial litigation handling antitrust and securities cases at Kaplan Fox & Kilsheimer, assumed the chair of the New York State Bar Association's Commercial & Federal Litigation Section on June 1. His role is to facilitate the work of the Section committees through CLE, reports and articles, expand the use of electronic and social media to promote communication throughout the Section and encourage new members and volunteers. Arenson will preside over the chair during the Section's 25th year, an event for which marking the occasion will be held later this year.

By Suevon Lee

12 minute read

September 16, 2013 | Commercial Litigation Insider

Former Southern District Judge Richard J. Holwell, who stepped down from the bench in 2012 to start boutique litigation firm Holwell Shuster ' Goldberg, spoke with Commercial Litigation Insider about transitioning back into private practice, life on the bench and what surprised him as a judge.

By Suevon Lee

16 minute read