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Three Things Bankruptcy Trustees Should Know About Due Diligence in Preference Litigation
Courts have struggled with the interpretation of the 2019 amendment to Section 547, specifically whether the due diligence requirement is an element of a preference claim that must be adequately pleaded in the plaintiff's complaint. While the law is still developing, there are three important takeaways for trustees to consider.People in the News—Jan. 8, 2024—Flaster Greenberg
Flaster Greenberg announced the election of Alexander Brown and Matthew J. Meltzer to shareholder, effective Jan. 1.Morris James Elects New Corporate Litigation Partner
Morris James announced that Barnaby Grzaslewicz has been elected to the partnership as of Jan. 1.'Excited but Cautious': How Relativity's Adam Weiss Approaches the AI Revolution
"Simply refusing to get involved or pretending it doesn't exist is not a strategy for success. Embracing it wholeheartedly without examining potential pitfalls and mitigating risks is also not a strategy for success," said Adam Weiss, Relativity's chief legal officer and chief administrative officer.Artificial Intelligence Targeted in Recent EU Legislation
Some view AI as a significant threat to privacy, national security, workers' rights and intellectual property. While U.S. political leaders, military experts and tech company executives have all engaged in handwringing, the European Union took action to try to tame the AI tiger.View more book results for the query "*"
NY Courts Revisit CPLR 3213 Statute's Applicability to 'Bad Boy' Guarantees
Financial institutions seeking to recover on promissory notes and unconditional guarantees can often obtain quick relief from CPLR 3213, but only if claims are "for the payment of money only." However, not all guarantees are eligible for expedited treatment under CPLR 3213.Euthanizing Pets During Divorce: It's Complicated
"Perhaps the simplest way to assess the issue is this: Would you ever consider listing a dog, or a cat, as an 'asset' on a statement of net worth? If so, would you list the pet under