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The Legal Intelligencer

Cohen Seglias Sues On Behalf of Retail Company Alleging Millions Worth of Automation Equipment Was Inoperable

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

New York Law Journal

Bankers Beware: The Reach of the Procuring Cause Standard

'Morpheus' and 'Dominik' raise the prospect that courts—and certainly parties litigating an investment banking fee—will be tempted to stack the deck in favor of a vague and fact-specific procuring cause standard. Once again, bankers beware.
9 minute read

New Jersey Law Journal

Appellate Division Ruling Fundamentally 'Alters the Landscape' of Arbitration Law, Former NJ Justice Says

"It is probably one of the most significant decisions on arbitrations released by that court in many years," said former state Supreme Court Justice Peter G. Verniero of Wednesday's ruling. "Practitioners will need to review the decision carefully to anticipate its impact in this area of law."
5 minute read

Law.com

Don't Cheat on Your Real Estate Agent: State High Court Upholds Exclusive Broker's Oral Agreement

"This decision clarifies the law relative to exclusive agreement in this context and will likely prevent needless litigation over damages recoverable in similar situations," said the attorney for the plaintiff, Charles G. Devine Jr., of Devine Barrows, of Wellesley, Massachusetts.
7 minute read

New York Law Journal

In New York, the 'Ironclad' Agreement May Be More Myth Than Reality

The path towards trying to achieve unbreakable, or "ironclad" agreements for our clients may have just gotten a lot more treacherous in New York.
8 minute read

New York Law Journal

Fraud Claims in Purchase and Sale Transactions

Buyers and sellers of real estate must consider how legal principles pertaining to fraud might affect sellers' liability for any false statements made in the context of their transactions.
10 minute read

Legaltech News

Justin Vergara Says Aloha to Cimplifi as New VP, Head of CALM Managed Services

Cimplifi's go-to-market CALM offering combines contract analytics and lifecycle management for a new kind of managed services.
6 minute read

New York Law Journal

Five-Year Contract Gives 13% Increase, Signing Bonus, to Thousands of Court Workers

The CBAs affect all of the nearly 15,000 non-judicial employees who are represented by unions, as well as employees who are designated as management or confidential by the Public Employment Relations Board, OCA spokesman Lucian Chalfen said.
3 minute read

Daily Report Online

Judge Dismisses Lawsuit Over U.S. Utility's Long-Term Deals

The lawsuit filed in August 2020 argued that 20-year deals signed by most of TVA's customers lock the power distributors into exclusive contracts with the TVA and "will forever deprive distributors and ratepayers the opportunity to renegotiate with TVA to obtain cheaper, cleaner electricity," according to the Southern Environmental Law Center, which filed the suit for three plaintiff groups.
3 minute read

Legaltech News

Ironclad Announces AI Assist, Leveraging OpenAI's GPT-3 to Redline Contracts

For now, AI Assist is in beta form, with an official launch to all of Ironclad's consumers coming soon.
4 minute read

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