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November 25, 2024 | New York Law Journal

Trade Fixtures in New York Eminent Domain Cases—What Qualifies and How Are They Valued?

The author states "New York courts have consistently held that the proper method of valuation for trade fixtures is reproduction cost less depreciation. This means that each fixture item is valued based on the cost of reproducing that item as of the time of the eminent domain seizure, less the depreciation of such item, to arrive at its sound value."
10 minute read
November 25, 2024 | New York Law Journal

The Empty Promise of ‘Dubin v. United States’

Congress enacted 18 U.S.C. §1028A to impose stricter penalties on aggravated identity theft, but its ambiguous language has allowed prosecutors to apply it broadly, often leading to disproportionate sentences for crimes not fitting the traditional understanding of identity theft. In their article, Andrew Mancilla and Robert Fantone discuss the Supreme Court’s decision in Dubin v. United States which aimed to curb this overreach.
9 minute read
November 25, 2024 | The American Lawyer

Weil Partner Exits Raise Questions About Future Firm Leadership

Elizabeth Stotland Weiswasser and Ray Schrock, both among Weil’s top 10 rainmakers with significant books of business, were unwelcome departures, sources say. Weiswasser in particular was seen as a potential future leader of Weil.
6 minute read
November 25, 2024 | New York Law Journal

Judicial Ethics Opinion 24-65

A judge in a two-judge town court may preside in a criminal case where their co-judge’s relative was the arresting officer, provided the judge can be fair and impartial.
2 minute read
November 22, 2024 | The American Lawyer

Gibson Dunn Sued By Crypto Client After Lateral Hire Causes Conflict of Interest

Swan Bitcoin, which retained Gibson, Dunn & Crutcher in September as counsel in trade secrets litigation, claims the firm "betrayed its client for Tether’s billions."
3 minute read
November 22, 2024 | New York Law Journal

Pharmacy Lawyers See Promise in NY Regulator's Curbs on PBM Industry

“No state has done more than New York now has to try to put a stop to the kinds of abuses PBMs have been accused of for quite some time,” said Jonathan L. Swichar, a Duane Morris partner in Philadelphia who chairs the firm’s Pharmacy Litigation Group.
6 minute read
November 22, 2024 | The American Lawyer

Trump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work

"We are starting to see firms focus on capital markets associate hiring in anticipation of increased debt and equity offerings in a decreased SEC regulatory environment," said Lateral Link Managing Director Jesse Hyde.
7 minute read
November 22, 2024 | The American Lawyer

Quinn Emanuel Has Thrived in China. Will Trump Help Boost Its Fortunes?

Tit-for-tat regulations between China and the U.S. have helped Quinn Emanuel Urquhart & Sullivan. Will Trump’s leadership expedite its growth?
6 minute read
November 22, 2024 | The Legal Intelligencer

Walter Taggart, Villanova Law Professor, Dies at 81

Walter John Taggart, professor at the Villanova University Charles Widger School of Law, died on Oct. 29 at the age of 81, according to an obituary by the family.
3 minute read
November 22, 2024 | The American Lawyer

Bonus Parade Continues, With Additional Firms Matching Milbank

While firms didn't rush to match Milbank's special bonuses in August, Cleary, Davis Polk, Weil, Skadden Arps, Cadwalader, and O'Melveny are the latest to join the ranks of those matching Milbank's summer and end-of-year bonus schedule.
2 minute read

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