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December 06, 2024 | New York Law Journal

Martin Act Investigatory Tools—An Overview 

This article discusses the Martin Act. "The Martin Act, codified as Article 23-A of the New York General Business Law, grants the NYAG extensive powers to investigate and combat securities fraud."
8 minute read
December 06, 2024 | New York Law Journal

Storefront Pro Bono: Proposal for Modest Law Firm Commitment to Provide Direct Legal Services

The authors write "We propose a new model for law firm pro bono, provisionally called “Storefront Pro Bono,” to help mitigate the access to civil justice gap in New York through modest pro-bono commitments from the city’s law firms and other law organizations (law firms). The essence of the proposal is to encourage law firms to commit fifty hours of pro bono work for each of their lawyers (as already recommended by the ABA), whether litigators or transaction lawyers, to provide direct legal services dealing with the issues presented by individuals/families who do not qualify for publicly funded legal aid and cannot afford private counsel."
22 minute read
December 06, 2024 | New York Law Journal

Venezuela Faces Creditor Ire After Missing $1.5B Bond Payments

Backed by Duane Morris, the bondholder claims Venezuela breached the terms of the bonds when it stopped making semiannual 9.375% interest payments and failed to repay the principal when the loans matured in 2018.
2 minute read
December 06, 2024 | New York Law Journal

On Governor's Desk: NY 'Death Gamble' Bill That Seeks to Correct Pension Anomaly for Judges

Legislation meant to enable a sitting New York judge’s family to receive state-paid death benefits is on Gov. Kathy Hochul's desk, with a Dec. 13 deadline for her to either sign or veto the measure.
4 minute read
December 06, 2024 | New York Law Journal

It’s OK to Not Know How You Feel. Here’s What to Know Instead

It’s a stressful time of year for many of us. Jennifer Kupferman, a psychotherapist who specializes in working with lawyers, says recognizing the different states of the nervous system—rather than trying to pin down how exactly we’re feeling—is key to unlocking ourselves.
3 minute read
December 06, 2024 | Law.com

Cleary vs. White & Case: NY Showdown Over $5 Billion Brazilian Bankruptcy

Multinational cement manufacturer InterCement, represented by White & Case, is battling bondholders represented by Cleary in a New York court.
3 minute read
December 06, 2024 | Daily Business Review

'You Can't Do What You've Been Doing,' Lawyer Warns Union as Litigation Heats Up

SkyHop, a Florida women-owned company providing airport-hotel transportation services, is embroiled in litigation with the New York Teamsters Union over unionization and safety concerns. Company workers voted to unionize, but the union has been accused of engaging in unlawful activities.
5 minute read
December 06, 2024 | New York Law Journal

McKinsey Subsidiary to Pay Nearly $123 Million to Settle US Investigation Into South Africa Bribery Case

“McKinsey welcomes the resolution of these matters and the closure of this regretful situation,” a spokesperson with McKinsey Africa said in a statement.
2 minute read
December 06, 2024 | New York Law Journal

Turbocharge Growth: How Technology Will Shape a Successful 2025

7 minute read
December 06, 2024 | New York Law Journal

Judicial Ethics Opinion 24-73

Where a judge concludes that there is a substantial likelihood that an attorney made racist and sexist remarks in connection with a matter before the judge, the judge must take appropriate action. On the facts presented, the judge has full discretion to determine what action is appropriate under the circumstances.
5 minute read