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New York Law Journal

NYDFS Enforcement Roundup: Cryptocurrency, Cybersecurity, and Targeting Insurance Companies

This article provides a discussion of New York State Department of Financial Services' enforcement priorities since the beginning of 2021, and as they have evolved under the new DFS administration, along with what might be expected in the near term.
11 minute read

Daily Business Review

Fact or Fiction: Will Rising Interest Rates Ease Inflation?

While frustration with growing prices is valid, the belief that rising interest rates will ease inflation is not.
3 minute read

Daily Report Online

Man Sues Truist, First Community CFOs for Alleged Breach of Contract

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

Judgment Rate Lowered to 2%—Not Applicable to Foreclosures

In his Foreclosure Litigation column, Bruce Bergman discusses a new law which becomes effective on April 30 "labelled as an amendment to the civil practice law and rules regarding the interest rate applicable to money judgments arising from consumer debt," but "conspicuously, never once mentions mortgages, mortgage foreclosure or judgments of foreclosure and sale."
6 minute read

Daily Business Review

UPS Sues Haggard Law Firm for Alleged Breach of Confidentiality Agreement

"For UPS with a straight face to accuse a law firm and their client who they caused to be a paraplegic, of a breach of confidentiality after they filed a public lawsuit, is what they would consider a missed delivery," said Brian Tannebaum, general counsel for the Haggard Law Firm.
4 minute read

New Jersey Law Journal

Lawyer Behind New Jersey's Legal Weed Bill Joins Fox Rothschild

"I was involved in getting to know the industry and the stakeholders while drafting this massive 200-page legislation," said Fruqan Mouzon in an interview Thursday. "I have quite a unique perspective because I was on the inside; I understand the major players and I have connections with local politicians."
4 minute read

Daily Business Review

Markets Bet on Sharpest Pace of Fed Tightening Since 1994

With U.S. inflation heading for 8%, a rate not seen in 40 years, Federal Reserve officials have adopted a decidedly more hawkish tone.
3 minute read

Daily Business Review

Miami Lawyer Resigns as CLO of Trump Social Media Platform

Lori Heyer-Bednar was among three executives to recently quit Truth Social, a SPAC-backed social media company plagued by lagging popularity and technical issues since its February launch.
3 minute read

Daily Report Online

Court Doc: Woman Sues Richmond Co. Sheriff, Banks Over Alleged Loss of 'Billions'

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read

New York Law Journal

Jury Begins Deliberating in Trial of Malaysia-Based Ex-Goldman Sachs Banker

Prosecutors have urged jurors to listen carefully to U.S. District Chief Judge Margo K. Brodie's instructions on the law, including the Eastern District's basis for jurisdiction.
3 minute read

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Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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