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New York Law Journal

Puffery or Not? Courts Examine Corporate Codes of Conduct

Although a number of federal courts have found code of conduct statements to be non-actionable puffery, given the uncertainty in the face of the novel coronavirus pandemic, public companies should review their codes of conduct and revise them if necessary to mitigate litigation risk.
10 minute read

New York Law Journal

Business Groups Move for COVID-19 Lawsuit Protections Even as Grievances Stack Up

Groups with deep pockets have lined up on both sides of the issue, including organizations that have dished out millions of dollars in political donations over recent years.
7 minute read

New Jersey Law Journal

Law Firm Leader Faces Suit Over Ouster of CEO at Sales Coaching Venture

The suit marks the second time Callagy has been haled into federal court in the past 60 days. In April he was hit with a suit accusing him of defaulting on an $18 million litigation funding loan agreement.
3 minute read

Delaware Business Court Insider

Energy Companies in Del. Court of Chancery Complaint Accuse Ex-Employees of Moving Funds for Secret Side Business

The complaint stated the parties and facts of the case are so intertwined it would be unreasonable, if not impossible, for its claims to be severed.
3 minute read

Daily Business Review

Contingency Fees Allow Businesses to Effectively Pursue Claims During a Recession

With the recent economic downturn forcing businesses to conserve capital, funding a six- or even seven-figure litigation budget can be daunting, if not impossible. Without the capital to fight, a business can be forced to resolve a dispute on unfair terms or even forgo the pursuit of meritorious claims.
8 minute read

New York Law Journal

Cuomo Signs Anti-Price Gouging Bill to Cover All 'Essential' Goods During Pandemic

New York Attorney General Letitia James reported Saturday that her office has received more than 7,000 price gouging complaints tied to COVID-19 since the coronavirus pandemic started.
3 minute read

The American Lawyer

Judge Tosses Several of Recruiter's Claims Against Freshfields, Citing Lack of Written Contract

Only one claim survived, with the judge ruling it was "arguably distinguishable from its failure to exact a written agreement from Freshfields."
3 minute read

Daily Business Review

Decision Limits Receivers' Power to Recover Torts Damages from Third Parties in Fraud Cases

"What happens when these things collapse, everyone looks for people with deep pockets," said James Silver, a partner at Kelley Kronenberg in Fort Lauderdale.
4 minute read

New York Law Journal

Non-solicitation Rule Lifted in NY Fashion Agencies' Heated Battle Over 'Mass Exodus' of 55 Models

What exactly occurred with the alleged poaching or "conspiracy designed to destroy" Men Women N.Y. Management by Elite Model Management was not before the Appellate Division, First Department, an injunction order on soliciting models away was. That legal issue was decided. The substance of why 55 models suddenly left Men Women N.Y. last spring and summer must still be hashed out.
6 minute read

Texas Lawyer

Recession-Proof? Debt and Contract Lawyers Are Weathering the Coronavirus Storm Better Than Others

The coronavirus pandemic has drastically impacted lawyer income, but not every practice area is hurting the same. Debt counsel and contract attorneys seem to be the best off, compared to other practice areas.
5 minute read

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