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May 08, 2023 | New York Law Journal

StableCoins Are (Not Just Similar to) Money Market Funds

This article discusses a correlate of the proposition that digital assets are investment contracts and therefore are securities, namely that pools of digital assets are investment companies as defined in the Investment Company Act of 1940 (the 1940 Act).
8 minute read
March 29, 2023 | New York Law Journal

NY's Social-Equity Program Under Fire Again—This Time From Its Own Medical Marijuana Licensees

The CARSC plaintiffs are seeking to invalidate the Office of Cannabis Management's (OCM) roll-out of the conditional adult-use retail dispensary (CAURD) program as inconsistent with certain provisions of the MRTA.
7 minute read
March 10, 2023 | New York Law Journal

SDNY Is the New Worst Place To Litigate MCA Disputes

The author writes: Since last June, beginning with the issuance of the befuddling decision in Fleetwood Services v. Ram Capital Funding LLC, the Southern District of New York has taken over the "worst place to litigate" title for merchant cash advance (MCA) transactions. While the SDNY's MCA doctrine and the slew of new filings suggest the civil RICO winter has come for MCA funders with New York choice-of-law provisions, 'Fleetwood' and its progeny provide useful guidance for fixing MCA agreements for a sunnier future.
8 minute read
March 03, 2023 | New Jersey Law Journal

On the Move and After Hours: Chiesa Shahinian; Saul Ewing; Eckert Seamans; Archer & Greiner

A new practice leader for the Chiesa firm, and a string of Princeton hires.
4 minute read
February 27, 2023 | New York Law Journal

Two Major Changes to NY Environmental Law Generate Litigation and Uncertainty

Recent court decisions suggest that the 2019 Climate Leadership and Community Protection Act (CLCPA) and 2021 Environmental Rights Amendment (amendment) are going to have very significant impacts on environmental regulation and litigation in New York state.
8 minute read
Law Journal Press | Digital Book New Jersey Estate Litigation 2014 Authors: Michael R. Griffinger, Paul F. Cullum III View this Book

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January 13, 2023 | New York Law Journal

Pryor Cashman Lawyer at the Center of Long-Running Drama Over Late Radio Legend's Estate

Descendants of radio pioneer Himan Brown allege that Richard Kay of Pryor Cashman took advantage of Brown during his final years to get him to change the terms of his will. Since then, they allege, Kay has run a fraudulent scheme to use Brown's hard-earned dough to enrich himself.
8 minute read
December 02, 2022 | New York Law Journal

New York's Rollout of Its Adult-Use Cannabis Program Hits Another Snag

After numerous false starts, the Marihuana Regulation & Taxation Act (MRTA) was signed into law on March 31, 2021. Yet, almost two years later, there are still no legal sales of adult-use cannabis in New York.
6 minute read
October 26, 2022 | New York Law Journal

The U.S. Senate's Rule Allowing Filibusters Is Unconstitutional and Stands in the Way of Meaningful Action on Environmental Challenges

The failure to update the Clean Air Act and other environmental statutes, or to otherwise address climate change and a host of other problems can be traced in large part to the filibuster.
9 minute read
September 29, 2022 | Law.com

Higher Law: Dispensary Applications Flood NY | NJ OK's Attorneys' Marijuana Use and Investments | Dutchie Hires a New General Counsel | A Cannabis Advisor Joins the FDA

New York just accepted hundreds of applications for its first round of adult-use dispensary licenses. But will regulators be able to meet a goal of launching the first recreational sales by the end of the year?
10 minute read
September 29, 2022 | New York Law Journal

State of Play: New York's Recreational Cannabis Market in 2022

Once the application window opens, we can expect competition for the most valuable licenses (and downstate populated locations) to be intense.
5 minute read

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