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New York Law Journal

The Role of Owner's Representatives and Potential Liability

In their Construction Law column, Kenneth Block and Joshua Levy conclude that when representing a project owner, ensuring the agreement between the owner and the owner's representative contains both a properly delineated scope of authority and a comprehensive indemnity is "critical."
4 minute read

New York Law Journal

Manhattan Judge Confirms $2.3M Arbitration Award to Ex-UBS Trader

A Manhattan Supreme Court justice has confirmed an arbitration panel's award of $2.3 million to a former UBS trader terminated for allegedly allowing an $18 billion trade without authorization.
5 minute read

National Law Journal

Judge Wrestles With Sharp Electronics' Bid to Quash Arbitration Gag Order

Sharp says the one-sided gag order prevents it from communicating with the FCC, in violation of its First Amendment rights and U.S. public policy.
3 minute read

New York Law Journal

Market Claims Fund Managers Trying to 'Steal' Exchange-Traded Funds

NASDAQ, the world's second-largest stock exchange, filed suit in the U.S. District Court for the Southern District of New York Thursday against a New Jersey fund management company, claiming it is attempting to steal a number of multimillion-dollar exchange-traded funds in its care.
3 minute read

Daily Business Review

'No More Mr. Nice Guy:' Tim Hortons Recovers From Franchisee in Lyrical Order

U.S. Magistrate Judge Jonathan Goodman quotes Alice Cooper, making at least his third musical reference this month.
4 minute read

Daily Report Online

International Arbitration Pros See Risks in Trump Era

Anti-global sentiment will reshape established cross-border arbitration regimes—but how that will unfold remains to be seen, according to top practitioners convened by the Atlanta International Arbitration Society.
6 minute read

International Edition

Burford Capital Ready to Capture Asia's Arbitration Funding Market

Chief executive Christopher Bogart talks about the excitement and challenges of the Asia market and the firm's plans for Singapore and Hong Kong.
6 minute read

New York Law Journal

Defenses of Impossibility of Performance and Frustration of Purpose

In his Commercial Division Update, Thomas J. Hall writes: The narrowness of the doctrines of impossibility and frustration of purpose—and their questionable utility for litigators—underscores the importance of striving during the contract drafting process to include contingency clauses providing for foreseeable possibilities and language making clear the contract's purpose.
25 minute read

The Legal Intelligencer

Prof Fired Over Hitler Parody Meme Can Proceed With Breach of Contract Suit

A former professor who was fired after creating an online parody video depicting faculty members as Nazis can proceed with his breach of contract claims against the university where he worked, a federal court in Pennsylvania has ruled.
3 minute read

The Legal Intelligencer

Justices Won't Hear Dispute Over Arbitration Award's Effect on UIM Case

The Pennsylvania Supreme Court won't disturb a state Superior Court ruling that an arbitration award in a motor vehicle accident case did not collaterally estop a plaintiff from seeking underinsured motorist benefits.
8 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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