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September 24, 2009 | New York Law Journal

State Effort Recruits Volunteer Law Clerks

A program offering new or out-of-work attorneys the chance to volunteer as law clerks for state judges is attracting interest, sponsors of the new initiative say. The Unified Court System has received 75 applications from attorneys since the clerkship program was announced two weeks ago, a court official said yesterday. Attorney Lauren J. Wachtler, who is helping organize the program through the New York State Bar Association's Committee on Lawyers in Transition, said 35 lawyers attended a meeting she held last week on the initiative while another 150 watched over the Internet.
5 minute read
August 15, 2012 | Daily Report Online

The NLRB's changing view on reporting workplace concerns via social media

In the wake of actions taken by the National Labor Relations Board in 2012, employers face a Hobson's choice between taking advantage of longstanding protections against Title VII litigation and violating Section 7 of the National Labor Relations Act.
5 minute read
March 06, 2007 | Law.com

Broker-Dealers Have Powerful Protections Under UCC

Securities broker-dealers can sometimes face third-party claims concerning loss of assets maintained in customer accounts. But the Uniform Commercial Code, in the form of �8-115, provides a complete defense to such claims, with some very limited exceptions. As attorney David J. Libowsky describes, �8-115 effectively immunizes a broker-dealer with a primary exception where the broker-dealer has colluded with the wrongdoer and violated the rights of the adverse claimant.
7 minute read
October 19, 2000 | Law.com

Decaffeinated Market

These days, IPOs are just about the only things that aren't selling. In fact, 293 companies are backed up at the starting gate, stalled by an uncertain stock market. That's nearly double the number of companies that were waiting in the wings this time last year. And, with just 45 trading days left in the market before Wall Streeters shut down for the holidays, the potential IPOs face a time crunch.
4 minute read
November 29, 2012 | New York Law Journal

The Fourth Arbitrator: Contrasting Guidelines on Use of Law Secretaries

In their International Litigation column, Lawrence W. Newman and David Zaslowsky of Baker & McKenzie write that although arbitration has long had a practice of arbitrators' doing their own work, this is not the universally followed practice. Recent guidelines issued by the International Chamber of Commerce and JAMS have dealt with the issues raised by the use of "law secretaries," and do so in markedly different ways.
11 minute read
February 09, 2012 | Daily Report Online

States, banks reach foreclosure-abuse settlement

WASHINGTON AP - U.S. states reached a landmark $25 billion deal Thursday with the nation's biggest mortgage lenders over foreclosure abuses that occurred after the housing bubble burst.The deal requires five of the largest banks to reduce loans for about 1 million households at risk of foreclosure. The lenders will also send checks of $2,000 to about 750,000 Americans who were improperly foreclosed upon.
5 minute read
March 02, 2012 | New York Law Journal

Summary of New York State Class Actions in 2011

Thomas A. Dickerson, an Associate Justice of the Appellate Division, Second Department, Kenneth A. Manning, a partner at Phillips Lytle, write that Last year, New York state courts ruled on a variety of class actions pursuant to CPLR Article 9 involving mass property torts, class-wide arbitration, attorney fees, retail refund policies, lien law, standing and timeliness of moving for class certification.
16 minute read
April 12, 2012 | New York Law Journal

Maximizing Insurance Coverage Due to Supply Chain Disruptions

Nicholas J. Zoogman, a partner at Dickstein Shapiro, and Jeremy M. King, counsel with the firm, discuss Contingent Business Interruption insurance, which can mitigate potentially enormous losses when a company cannot acquire materials it needs to meet its production capacity, and its limitations, typically that the coverage only applies when it is a direct supplier that has been damaged and that damage must be caused by a peril the policyholder is also covered for.
10 minute read
November 18, 2009 | The Recorder

Everything but the Kitchen Sink

In-House: Williams-Sonoma General Counsel Seth Jaffe figures that every hour spent educating clients is 25 hours saved reacting to legal problems. That's an important metric for tough economic times,
5 minute read

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