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December 13, 2024 | New York Law Journal

Class Gifts and NY’s 'Adoption Out' Statute: Guidance for NY Fiduciaries on Minimizing Litigation Risks

Should the fiduciary permit those individuals to share in the class gift? Missteps in this decision can, and often do, lead to the assertion of claims against the fiduciary followed by costly, protracted litigation. This article aims to assist fiduciaries of New York trusts and estates in navigating this dilemma while minimizing the risk of litigation.
8 minute read
December 13, 2024 | New York Law Journal

What to Expect in the Securities Enforcement Space in 2025

Even in areas in which enforcement is likely to substantially diminish—such as crypto or environmental, social, and governance (ESG) disclosures—the SEC will likely still have interest when there are concrete allegations of fraud or investor harm. One notable change, however, is that the SEC may be less likely to support enforcement based on technical violations of the federal securities laws that lack intentionality or specific underlying harm.
12 minute read
December 13, 2024 | The American Lawyer

Which New York Law Firm Is Next on the Merger Hunt?

“Any firm that is New York-centric and under $1 billion in revenue is exposed,” one industry insider said.
6 minute read
December 13, 2024 | New York Law Journal

Judicial Ethics Opinion 24-78

A part-time judge may not serve as a “celebrity chef” for a local restaurant as part of its ongoing promotional activities.
2 minute read
December 12, 2024 | New York Law Journal

City Bar Presents Thomas E. Dewey Awards to Outstanding NYC Prosecutors

The annual award takes its namesake from a the hard-charging Manhattan District Attorney who took on organized crime during the 1930s.
2 minute read
December 12, 2024 | National Law Journal

Topping Big Law, Litigation Firm the Latest to Dole Out Above-Market Bonuses

Selendy Gay said it will give above-market bonuses for each associate class year, topping out at $132,250 for the class of 2017 and beyond, in addition to special bonuses.
3 minute read
December 12, 2024 | New York Law Journal

Ben Brafman's Professional Legacy After 50 Years? Himself

At 76 years old, Benjamin Brafman says he’s not going anywhere and business is better than ever.
19 minute read
December 12, 2024 | Connecticut Law Tribune

With SDNY Stay Lifted, Sex Trafficking Civil Suit Against Vince McMahon, WWE Gets Green Light

Prosecutors for the U.S. Southern District of New York obtained a stay pending a criminal investigation, the nature of which was undisclosed. The Connecticut civil action may now proceed after being on hold for six months
3 minute read
December 12, 2024 | New York Law Journal

Amended 'Grieving Families' Bill Seeks Update to NY's 1847 Wrongful Death Statute

The New York State Trial Lawyers Association and other proponents of the twice-amended Grieving Families Act are hopeful there are enough revisions in the latest version to convince New York Gov. Kathy Hochul not to break out her veto pen to spike the measure for a third consecutive occurrence.
5 minute read
December 12, 2024 | New York Law Journal

Recent Decisions from the United States District Court for the Eastern District

The authors write "This column reports on several recent significant decisions from the United States District Court for the Eastern District of New York. Judge Brian M. Cogan dismissed a claim for lack of subject matter jurisdiction. Judge Eric R. Komitee denied a motion to withdraw a guilty plea. And Judge Joan M. Azrack designated a case as complex for the purposes of exclusion of time under the Speedy Trial Act."
9 minute read

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