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March 07, 2019 | New York Law Journal

Legal Malpractice Suit Against Lowenstein Sandler Tossed by Appeals Court, Which Called It 'Speculative'

A former pharmaceuticals company officer had sued Lowenstein Sandler, claiming the firm failed to give him important tax advice about potential tax consequences tied to exercising company stock options as he departed the company.
4 minute read
January 04, 2018 | New York Law Journal

On the Move

Announcements of recent hirings and promotions of New York attorneys.
2 minute read
May 09, 2017 |

Post-Gaming the Dewey Trial: A Win for Cyrus Vance?

Looking back on the twisting path that led to Tuesday's verdict, some white-collar lawyers said the New York County District Attorney's Office played it much smarter in the case's second act, DA's office played it much smarter in the case's second act, while others continued to question the prosecutors' approach.
14 minute read
October 11, 2016 |

Moreno-Godoy v. Gallet Dreyer & Berkey, LLP

Contract Breach Complaint May Be Amended To Allege Unjust Enrichment, Constructive Trust
3 minute read
September 29, 2016 |

On the Move

Seven firms plus Fordham Law School announce new additions and promotions.
16 minute read
April 21, 2015 |

Court's Role as 'De Facto Collection Agency' Is Faulted

Although Rule 11 sanctions requiring a defendant to pay more than $30 million were "appropriate and necessary" given the defendant's "persistent and abusive litigation conduct," the Second Circuit said "a district court abuses its discretion in imposing sanctions when the sanctions are used for enforcing or collecting damages."
3 minute read
April 21, 2015 | Law.com

Court's Role as 'De Facto Collection Agency' Is Faulted

Although Rule 11 sanctions requiring a defendant to pay more than $30 million were "appropriate and necessary" given the defendant's "persistent and abusive litigation conduct," the Second Circuit said "a district court abuses its discretion in imposing sanctions when the sanctions are used for enforcing or collecting damages."
3 minute read
February 02, 2009 |

Rakoff Assigned to Lawyer's Case

Southern District Judge Jed S. Rakoff, an independent-minded veteran of the federal court, has been assigned the case of attorney Marc S. Dreier, who was indicted Thursday on charges he had defrauded hedge funds and investors of $400 million. Mr. Dreier could spend the rest of his life in jail if convicted of the charges: conspiracy to commit securities and wire fraud as well as securities fraud and wire fraud. The charges represent an expansion of the counts with which Mr. Dreier was charged after his Dec. 7 arrest in New York.
8 minute read
June 11, 2002 |

Co-op Sponsors Can Be Sued

ALBANY In a ruling that potentially shifts the balance of power in a significant sector of the New York City housing market, the Court of Appeals yesterday held that cooperatives, condominiums and their shareholders can sue sponsors who fail to sell apartments within a reasonable period following conversion. The decision recognizes a cause of action for breach of contract, and could spark a spate of lawsuits by tenant-owners and co-op boards when sponsors are hoarding unsold apartments.
4 minute read
April 19, 2002 |

Death Row Appeal Reaches Court

ALBANY No case on the Court of Appeals April-May calendar has the headline-grabbing potential of People v. Harris , the first death penalty matter to reach the state`s highest tribunal since capital punishment was reinstated in 1995. But the calendar is chock full of cases of import and interest.
7 minute read

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