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December 17, 2024 | New York Law Journal

Binding a Successor Town Board; Default on Stipulation of Settlement: This Week in Scott Mollen’s Realty Law Digest

Scott Mollen discusses “Hudson View Park Co. v. Town of Fishkill,” and “424 Broadway LLC v. Empire Cannabis Clubs.”
15 minute read
December 17, 2024 | New York Law Journal

China Resident Sentenced to 2 Years for Stealing Tesla Trade Secrets

Federal prosecutors in Brooklyn allege that Klaus Pflugbeil openly admitted he was selling the same equipment manufactured by Tesla.
2 minute read
December 17, 2024 | New York Law Journal

'Big Change': NY Lawyers Eye Upcoming Employer Mandate To Provide Paid Leave for Prenatal Care

New York's first-in-the-nation paid prenatal leave law is set to take effect Jan. 1, requiring all employers to provide pregnant workers with up to 20 stand-alone hours of paid leave. Employment lawyers agree that it'll be a significant requirement.
7 minute read
December 17, 2024 | New York Law Journal

Court Leaders Given Authority to Expand E-Filing Under Newly-Signed Bill

Legal advocates applauded New York Gov. Kathy Hochul for signing a bill that allows Chief Administrative Judge Joseph Zayas to institute e-filing in any of the state's trial courts. Currently, e-filing exists in 12 of New York's 62 counties, with court officials planning to expand the program to 19 counties in mid-January, with expansion to continue throughout the state during 2025.
3 minute read
December 17, 2024 | New York Law Journal

The Majority Upholds Retroactive Application of Clickwrap Arbitration Agreement

The authors write "The New York Court of Appeals’ recent decision in Wu v. Uber Technologies, Inc. underscores the growing tension between traditional contract law principles and the realities of digital consumer agreements. The case revolved around Uber’s enforcement of a 'clickwrap' arbitration agreement, embedded in its updated terms of use, against a plaintiff who had filed a personal injury lawsuit before allegedly agreeing to the new terms."
7 minute read
December 17, 2024 | Texas Lawyer

Susman Godfrey Raises the Bar High With Associate Bonuses

Susman Godfrey, the Am Law 100 firm founded in Houston, is paying bonuses on a scale that reaches a median of $220,000 for its most senior associates, a level well above the Big Law market rate.
3 minute read
December 17, 2024 | New York Law Journal

Treasury Issues New Regulations on Allocation of Partnership Liabilities

On Dec. 2, 2024, the Treasury Department issued final regulations providing more detail on how a partnership’s recourse liabilities must be allocated and in some cases changing the result under existing regulations.The new regulations provide more clarity in situations regarding partnership recourse liabilities than prior law.
6 minute read
December 17, 2024 | New York Law Journal

The Effect of a Second Trump Presidency on Environmental Justice

The Biden Administration made environmental justice a priority of its environmental programs, even creating new councils focused specifically on environmental justice. It issued new initiatives and guidance for agencies on how to consider environmental justice in existing environmental statutory schemes, and made significant funding available. What will happen to all of these initiatives when Donald Trump takes office in 2025? What does this mean for environmental justice efforts in New York and New Jersey?
5 minute read
December 17, 2024 | Corporate Counsel

Trump Mulls Big Changes to Banking Regulation, Unsettling the Industry

“The FDIC is the glue that holds the whole banking industry together. Getting rid of it is a very bad idea," said Bill Isaac, who was FDIC chair from 1981 and 1985.
5 minute read
December 17, 2024 | New York Law Journal

Lisa Zornberg, Former Adams Chief Counsel, Moves to Morvillo Abramowitz

The former Debevoise partner said Morvillo Abramowitz offered her flexibility in her practice, given her experience on both civil and criminal matters.
5 minute read