BAR REPORT - Aug. 2, 2021
An update on activities of the NJSBA Board of Trustees. Remote notarization becomes law. New NJSBA leaders attend orientation. NJ Lawyer magazine examines venture capital and private equity.
August 02, 2021 at 08:00 AM
9 minute read
New Jersey State Bar Association Headquarters, New Brunswick, NJ. Credit: Google
NJSBA Board of Trustees Update
The New Jersey State Bar Association (NJSBA) Board of Trustees took action on several measures at its July 16 meeting, including involvement as a friend of the court in a case.
The board agreed to seek amicus curiae status in Moynihan v. Lynch, a case on appeal in the state Supreme Court. The matter focuses on the enforceability of a written palimony agreement where a notarized agreement was unenforceable because the parties had not sought legal advice. The NJSBA will argue that the Court has the equitable power to enforce agreements when to do otherwise would be unjust, and that while involvement of legal counsel should always be encouraged, when reviewing the totality of circumstances surrounding an agreement, the lack of such involvement should not render an otherwise valid agreement unenforceable.
Additionally, the trustees approved the appointment of Thomas Manzo, who will fill a seat on the board representing the Civil Trial Bar Section, as well as Frank DeRienzo, who will serve in one of the two Young Lawyers Division trustee seats. The pair are filling vacancies and will serve until May.
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Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
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Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
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