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New York Law Journal

Nominal Sale Bid – The Court Stumbles (Partly)

In a continuation of his discussion on the efficacy of a plaintiff's nominal bid at a foreclosure sale, Bruce Bergman takes issue with the Third Department in its ruling in 'Wilmington Savings Fund Society FSB v. Oppitz.'
6 minute read

The Legal Intelligencer

Sullivan & Cromwell Reps Fulton Bank in Absorption of Republic First

Republic First's recent struggles included a clash between its ousted founder and the board, which prompted a lawsuit—since resolved—accusing Holland & Knight of overbilling.
2 minute read

The Recorder

Stradley Ronon Launches First West Coast Office With Securities Litigation Team

The Pennsylvania-based firm has brought on board 10 attorneys, including five partners, from litigation boutique Keesal, Young & Logan.
4 minute read

New York Law Journal

An Uncharitable Regulation: Tax Court Invalidates Conservation Easement Regulation

In their Financing column, Ezra Dyckman and Charles Nelson discuss the recent Tax Court case, Valley Park Ranch, LLC v. Commissioner, which "is significant because it illustrates the Tax Court's willingness to invalidate a longstanding regulation based on procedural flaws that occurred almost 40 years ago."
5 minute read

Delaware Business Court Insider

JPMorgan Wins Dismissal in Chancery Case Over Zelle Compliance

Chancellor Kathaleen St.J. McCormick concluded that shareholder plaintiffs failed to adequately plead that JPMorgan's directors knew of and ignored concerns about the bank's compliance with reimbursement laws.
3 minute read

New Jersey Law Journal

Law Firm Says It Was Victim of Check Fraud, Seeks to Recover $118K

The firm says it was contacted by someone who purportedly sought help collecting severance pay from his employer, John Deere.
6 minute read

New Jersey Law Journal

'Delay and Pray': Short- and Long-Term Loan Accommodations and Workout Arrangements

"Operating under such regulatory edicts, lenders remain under pressure to triage underperforming and/or unrefinanceable loans without employing harsh enforcement mechanisms," according to Rosh Jaffe of CSG Law.
7 minute read

Texas Lawyer

Recent Securities Fraud Dismissal Raises Critical Question on the Scope of the Federal Fraud Statutes

"The dismissal raises critical questions about what the government must prove to convict a defendant ... under the federal fraud statutes," according to attorney Elisha Kobre.
5 minute read

Texas Lawyer

Venue Fight: Federal Judge Forced to Reopen Credit Card Case

The grant of mandamus threatens to impossibly hamstring district courts by effectively declaring our district judges can't manage their dockets to sequence threshold questions before difficult merits questions and cannot transfer cases if there are motions pending, Circuit Judge Stephen Higginson said.
6 minute read

New York Law Journal

Nasdaq Stock Exchange Operator Accused of Disparate Treatment of Minority-Owned Businesses

Nasdaq questioned the valuation of the combined company and then said it would only accept Digerati's over-the-counter price for valuation—a move Trident's attorneys described as "crushing."
3 minute read

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