News

  • New York Law Journal

    KISS, Profit Motive and Foreign Currency Contracts

    By Jeffrey A. Galant | December 24, 2024

    The author writes "While being careful to dot their “i’s” and cross their “t’s” with respect to the complicated rules of section 1256 of the Internal Revenue Code, this attention to detail only took the Wrights so far in their quest to offset substantial capital gains that they had realized in 2002. They apparently gave little thought to section 165(c)’s limitation on an individual’s ability to deduct losses. More about this shortly."

  • National Law Journal

    SEC’s Latest Enforcement Actions Fuel Demand for Big Law

    By Abigail Adcox | December 23, 2024

    Paul, Weiss, Rifkind, Wharton & Garrison, Fenwick & West, Goodwin Proctor, Sidley Austin, among other firms are advising clients wrapped up in settlements or charges the SEC announced this past week.

  • New York Law Journal

    Luigi Mangione Defense Attorney Says NYC Mayor’s Comments on Case Raise Fair Trial Concerns

    By Andrew Denney | December 23, 2024

    Last week, Mayor Eric Adams took part in a perp walk for the suspected killer of UnitedHealthcare CEO Brian Thompson.

  • New York Law Journal

    Hochul Vetoes 'Grieving Families' Bill, Faulting a Lack of Changes to Suit Her Concerns

    By Brian Lee | December 23, 2024

    A bill sponsor, Sen. Brad Hoylman-Sigal, D-Manhattan, indicated he will continue to advocate for the proposal in Albany, even after its third veto. The measure aims to modernize New York's 177-year-old wrongful death statute.

  • New York Law Journal

    Recent Decisions Regarding the Telephone Consumer Protection Act

    By Jenna C. Smith and Adam R. Shaw | December 23, 2024

    The authors write "This column discussed recent noteworthy decisions of the U.S. District Court for the Northern District of New York. This installment explores two recent decisions involving the Telephone Consumer Protection Act. In the first decision, Chief U.S. District Court Judge Brenda K. Sannes denied a defendant’s motion to strike class allegations as premature, on the basis that these arguments would be more appropriate to address at the class certification stage. In the second decision, District Court Judge Anne M. Nardacci addressed similar arguments at the class certification stage, eventually granting a motion to certify a damages class under Rule 23(b)(3)."

  • New York Law Journal

    Distressed M&A: Mass Torts, Bankruptcy and Furthering the Search for Consensus: Another Purdue Decision 

    By Corinne Ball | December 23, 2024

    The author writes "This fall, the bankruptcy court extended the preliminary injunction for the thirty-seventh time and overruled an objection by the State of Maryland. Maryland subsequently appealed. Notably, in her prior rulings Judge McMahon correctly assessed Chapter 11 does not authorize releases of third parties, absent the consent of the affected claimholders, as determined and confirmed by the Supreme Court in Harrington v. Purdue Pharma L.P., 144 S. Ct. 2071 (2024)."

  • New York Law Journal

    As Second Trump Administration Approaches, Businesses Brace for Sweeping Changes to Immigration Policy

    By Samson Amore | December 23, 2024

    “I have zero doubt that there are going to be restrictions on business immigration,” said Kramer Levin Naftalis & Frankel immigration co-chair Mark Koestler.

  • New York Law Journal

    General Warrants and ESI

    By Peter A. Crusco | December 23, 2024

    The author writes "It’s been over 250 years since a group of colonists, known as 'the Sons of Liberty,' disguised as Indians sneaked aboard three British tea ships and dumped their treasure of tea into the Boston harbor. The 'Boston Tea Party,' was a protest to British Parliament’s onerous tax levies which did great financial harm to the early Americans and their fledgling business enterprises and resulted in Britain’s retaliatory passage of the Intolerable Acts of 1774."

  • Corporate Counsel

    GC Pleads Guilty to Embezzling $7.4 Million From 3 Banks

    By Greg Andrews | December 23, 2024

    James Blose's decade-long scheme went undetected at banks in Pennsylvania and New York before a bank in Connecticut caught him last year.

  • New York Law Journal

    Authenticating Electronic Signatures

    By Mark Berman and Nicole D. Case | December 23, 2024

    The authors write "With the continued rise of new tools and technologies, legal professionals are seeking new ways to optimize tasks in an effort to be more efficient. One of the more common recent technologies used by professionals is the integration of tools such as DocuSign, allowing for the facilitation of quick and easy electronic signatures."

More From ALM

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now
Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now
Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now
February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.


Learn More
March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.


Learn More
March 24, 2025 - March 27, 2025
New York, NY

Legalweek New York explores Business and Regulatory Trends, Technology and Talent drivers impacting law firms.


Learn More

McManimon, Scotland & Baumann, LLC is seeking talented and motivated associate attorneys for several positions. Candidates must be admi...


Apply Now ›

Lower Manhattan firm seeks a litigator with at least 2-4 years of experience in all aspects of commercial litigation (i.e., depositions and ...


Apply Now ›

A prestigious matrimonial law firm in Garden City is seeking a skilled Associate Attorney with 5 to 7 years of experience in family law. The...


Apply Now ›