New York Law Journal | Analysis
By Barbara M. Goodstein and Adam C. Wolk | April 3, 2024
'North Star' underscores the important distinction between nonexclusive and exclusive license agreements when foreclosing on a licensed asset. A licensee seeking to acquire use rights in trademarks encumbered by a perfected security interest should weigh the benefits under Section 9-321 of a nonexclusive license against possible commercial advantages of an exclusive license.
By Emily Saul | March 29, 2024
A new lawsuit alleges Seddio, once a Surrogates Court Judge in Brooklyn, was bought into a case by Cole Schotz in an attempt to influence Manhattan Commercial Division Justice Andrew Borrok. Borrok is not accused of any wrongdoing.
By Emily Saul | March 28, 2024
Plaintiffs claim entertainment firm Falcon's Beyond Global–which designs and operates experiences for venues like theme parks, zoos, and museums–has failed to pay them anything following a successful merger.
By Emily Saul | March 26, 2024
Plaintiff Fortress Credit Corp. is asking a judge to find real estate developer Charles S. Cohen liable for almost $190 million in outstanding funds, per a motion for summary judgment in lieu of complaint filed Monday.
New York Law Journal | Analysis
By Kevin V. Small, Joseph J. Saltarelli and Charlotte Leszinske | March 25, 2024
This series of Commercial Litigation articles will explain the fundamentals of Commercial Division practice. Part I addresses the key advantages of the Commercial Division and how to commence a case there.
New York Law Journal | Analysis
By Adam R. Shaw and Jenna C. Smith | March 22, 2024
This installment of the Northern District Round-Up column explores a recent decision by Judge Anne Nardacci of the Northern District of New York concerning yet another challenge to New York state's cannabis licensing program.
New York Law Journal | Analysis
By John Coffee | March 20, 2024
Few principles of law are as universally respected by U.S. courts as the "internal affairs rule." All state jurisdictions at least formally subscribe to this rule, and the Supreme Court has hinted it may be constitutionally required. Nonetheless, the New York Court of Appeals has agreed to hear a case asking the court to replace the traditional rule with an "interest-balancing" test.
By Brian Lee | March 12, 2024
Prior to Monday's settlement, state courts routinely failed to make the assessment, plaintiffs counsel from the New York Civil Liberties Union, practitioner Yolande Nicholson, Mehri & Skalet, and Valli Kane & Vagnini said jointly.
By Emily Saul | March 12, 2024
"This appeal concerns a purported $44 million scrivener's error," Associate Justice Jeffrey Oing of the Appellate Division, First Department wrote in the decision. "It also is a reminder that proofreading is an essential, indispensable tool in the drafting of contracts."
New York Law Journal | Analysis
By Michael Bongiorno, Susan Muck, Timothy Perla, Jessica Lewis and Megan Barriger | March 4, 2024
In March 2020, the Delaware Supreme Court issued a landmark ruling in 'Salzberg v. Sciabacucchi'. This article addresses developments that have occurred over the past four years since the ruling and highlights key takeaways for practitioners.
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