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New York Law Journal

Trustee Bank Asks NY High Court to Allow It to Revive Lawsuit Over Mortgage-Backed Securities Collapse

The Court of Appeals was asked whether HSBC Bank, as an executor of an investment-holding trust, could be a plaintiff and revive an action that was filed by another party that had been dismissed without prejudice. Lawyers from McKool Smith and Simpson Thacher squared off.
4 minute read

Legaltech News

The CLM Spree: The Big Money Contract Tech Deals So Far This Year

The contract lifecycle management (CLM) explosion is here. Check out what contract-centric technology companies have made big money moves already in 2022.
1 minute read

Daily Report Online

Boyd Co. Sues Breezco for Alleged Fraud in $115K Construction Equipment Sale

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

New York Law Journal

Intercreditor Agreements: The Key to a Secure Loan for Mezzanine Lenders

In their Real Estate Financing column, Scott Weinberg and Billy Hildbold discuss the importance of an intercreditor agreement, which "at its core, sets the boundaries and expectations when it comes to issues that may affect both a mortgage loan and a mezzanine loan."
6 minute read

Daily Report Online

Florida Power & Light, JEA Sue Georgia Power for Alleged Breach of Contract

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

New York Law Journal

The Force Majeure Awakens

This article provides a look at the roots of the force majeure doctrine, leading up to the recent Second Circuit decision 'JN Contemporary Art v. Phillips Auctioneers', where the court "remains steadfast to the basic maxim that a force majeure clause is only as efficacious as its exact text."
9 minute read

New York Law Journal

The End of 'Bellefonte': 'Global Re' and the Proper Reading of Facultative Reinsurance Contracts

'Global Re' puts the focus of reinsurance dispute resolution where it belongs: the meaning of language as understood in the context of industry norms and practice.
9 minute read

Daily Report Online

$43M in Damages, Attorney Fees Awarded Against Atlanta Business in Trademark Feud

"Dewberry Group continuously disregarded Dewberry Engineers' trademark and contractual rights," wrote a federal judge before awarding roughly $43 million in damages and attorney fees. "[The defendant] "brazenly rolled out and used four separate infringing marks and sought federal trademarks for them."
3 minute read

Legaltech News

A Busy Legal Tech Week: The Product and Company Announcements You May Have Missed

This week, in conjunction with the first in-person Corporate Legal Operations Consortium (CLOC) conference since 2019, has been one of the busiest legal tech news weeks in a while. Here's what came through LTN's inbox in recent days.
7 minute read

Daily Report Online

1440 Sports Alleges PGA Tour, Fortinet 'Broke Their Promises' on $50M Tourney Agreement

Ricky Paugh, founder and managing partner of 1440 Sports, "introduced the right people at Fortinet to the right people at PGA Tour at the right time," leading to a six-year, $50 million commitment between the PGA Tour and Fortinet, the complaint said.
2 minute read

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