By Maria Dinzeo | September 12, 2023
"The difference between something that's illegal and something that needs your advice and counsel to get corrected is usually pretty stark," said Ryne Miller, who left FTX after CEO Sam Bankman-Fried was charged with carrying out a massive fraud.
By Colleen Murphy | August 31, 2023
This suit was first surfaced by Law.com Radar.
By Allison Dunn | August 30, 2023
"With respect to the industry as a whole, if we end up with a patchwork of state regulation around broker-dealer standards of care, it's going to be very difficult for the broker-dealer community, particularly those that operate on a national level to understand what the requirements are where they operate," said K&L Gates partner Rich Kerr of the recent decision dismissing Robinhood Financial's challenge to Massachusetts' "fiduciary duty rule."
By Allison Dunn | August 16, 2023
"We decline to extend a duty to mandate the reporting of elder abuse or to mandate an action by a financial institution when elder abuse is suspected where the plain language of a statute clearly says otherwise," the appeals court said.
By Adam Leitman Bailey and John M. Desiderio | August 15, 2023
"Racing to find and attach and garnish a judgment debtor's assets before they literally disappear is an old sport played, most recently, at a higher level due to the stressful economic real estate times." This article discusses some of the authors' "war wounds and successes" with the issue, highlighting the most relevant case law and statutes.
By Isha Marathe | August 9, 2023
The new service offering will take a tech-forward approach to cater to law firms, legal tech companies and ALSPs as the industry's banking, financing and business needs continue to evolve.
By Chris O'Malley | August 4, 2023
A powerful U.S. regulator alleges the industry is rife with shenanigans, conduct it's trying to rein in by filing lawsuits.
By Chris O'Malley | August 3, 2023
A powerful U.S. regulator alleges the industry is rife with shenanigans, conduct it's trying to rein in by filing lawsuits.
New York Law Journal | Expert Opinion
By Barbara Goodstein | August 2, 2023
The proposed changes to the UCC effected by the 2022 amendments are numerous, affecting every article in the statute. Among those changes are amendments to the definition of "money" and how a security interest in that type of asset can be perfected. In her Secured Transactions column, Barbara Goodstein discusses the treatment of money under the 2022 UCC amendments and how it's affecting the progress of adoption of the amendments throughout the states, and the "loosely titled hip-pocket amendment" that will try to resolve the issue impeding adoption.
By Lisa Willis | August 1, 2023
Attorney Glenn Moses attributes the uptick to "...a more conservative approach by banks in their lending practices – causing liquidity issues for business which often results in a bankruptcy filing."
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The New Jersey State Commission of Investigation (SCI) is seeking an experienced and visionary leader to serve as its next Executive Directo...
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