February 19, 2016 | New York Law Journal
Applying Section 487 to Attorney Deceit Outside of New York CourtsIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write: Considerable uncertainty remains in New York courts over the proper scope of Section 487 and whether it is limited to judicial actions, and also whether it is limited to proceedings within the State of New York. While the statute's history, text and legislative intent provide guidance, conflicting viewpoints often result as to its proper scope.
By George Bundy Smith and Thomas J. Hall
11 minute read
December 18, 2015 | New York Law Journal
Applying the Doctrine of Incorporation by EstoppelIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write: Several Commercial Division cases make clear that at times a non-existent corporation can be deemed to exist, and thus possess the legal capacity to contract and bring suit on that contract, pursuant to the common law doctrine of incorporation by estoppel.
By George Bundy Smith and Thomas J. Hall
11 minute read
December 17, 2015 | New York Law Journal
Applying the Doctrine of Incorporation by EstoppelIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write: Several Commercial Division cases make clear that at times a non-existent corporation can be deemed to exist, and thus possess the legal capacity to contract and bring suit on that contract, pursuant to the common law doctrine of incorporation by estoppel.
By George Bundy Smith and Thomas J. Hall
11 minute read
October 16, 2015 | New York Law Journal
Pleading Breach Claims in TandemIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write: While at times a claim for breach of the implied covenant of good faith and fair dealing would seem to pair with a claim for breach of contract, New York courts frequently find these claims to be duplicative when pleaded together, resulting in dismissal of the good faith claim. A number of recent Commercial Division cases demonstrate the circumstances under which such tandem pleading can and cannot survive.
By George Bundy Smith and Thomas J. Hall
10 minute read
August 21, 2015 | New York Law Journal
Shareholder Claims: Direct or Derivative?In their Commercial Division Update, George Bundy Smith and Thomas J. Hall analyze recent decisions demonstrating that, although a clearly enunciated test for distinguishing direct shareholder claims from derivative claims now exists, its application is not always clear.
By George Bundy Smith and Thomas J. Hall
11 minute read
August 20, 2015 | New York Law Journal
Shareholder Claims: Direct or Derivative?In their Commercial Division Update, George Bundy Smith and Thomas J. Hall analyze recent decisions demonstrating that, although a clearly enunciated test for distinguishing direct shareholder claims from derivative claims now exists, its application is not always clear.
By George Bundy Smith and Thomas J. Hall
11 minute read
June 19, 2015 | New York Law Journal
'At-Issue' Waiver of Attorney-Client PrivilegeIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write that a number of recent cases demonstrate that if reliance on privileged materials is needed to prove a claim or defense, the courts usually will find that the privilege has been waived. However, the relevance of privileged materials is not the determining factor in at-issue waivers; rather, the privileged materials must be directly at issue in the case.
By George Bundy Smith and Thomas J. Hall
12 minute read
June 18, 2015 | New York Law Journal
'At-Issue' Waiver of Attorney-Client PrivilegeIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write that a number of recent cases demonstrate that if reliance on privileged materials is needed to prove a claim or defense, the courts usually will find that the privilege has been waived. However, the relevance of privileged materials is not the determining factor in at-issue waivers; rather, the privileged materials must be directly at issue in the case.
By George Bundy Smith and Thomas J. Hall
12 minute read
April 17, 2015 | New York Law Journal
Binding Contracts Despite Continuing NegotiationsIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write that previously, courts often have found that where parties to an alleged contract engaged in subsequent negotiations over material terms of the agreement, no meeting of the minds was reached, and there was no enforceable contract. Courts may now be less inclined to find as such after two recent decisions.
By George Bundy Smith and Thomas J. Hall
10 minute read
April 16, 2015 | New York Law Journal
Binding Contracts Despite Continuing NegotiationsIn their Commercial Division Update, George Bundy Smith and Thomas J. Hall write that previously, courts often have found that where parties to an alleged contract engaged in subsequent negotiations over material terms of the agreement, no meeting of the minds was reached, and there was no enforceable contract. Courts may now be less inclined to find as such after two recent decisions.
By George Bundy Smith and Thomas J. Hall
10 minute read