• February 14, 2025 | Law.com

    Inside Track: Smart Companies Will Pass on Trump's Invitation to Bribe

    "Companies must maintain their compliance commitments—notwithstanding any pause in enforcement by a single enforcement agency,” Paul Hastings advised clients this week.

    1 minute read

  • February 11, 2025 | Law.com

    Investment Banker Cleared to Seek Multi-Million Bonuses Against Former Boston Employer

    U.S. District Judge Angel Kelley for the District of Massachusetts allowed state law claims to move forward in a suit brought by an investment banker who claims Leerink Partners failed to pay minimum bonuses promised to her.

    1 minute read

  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2025-02-11
    Practice Area: Damages
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Sesi V. Garimella, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, DC; William M. Kelleher, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE; K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Samuel E. Bashman, Morris James LLP, Wilmington, DE for defendants.

    Case Number: 2017-0822-SG

    Court dismissed civil conspiracy claim against limited partnership arising from limited partner's alleged fraudulent transfer of its partnership interest where plaintiff failed to plead sufficient facts to support an inference that the partnership knowingly participated in the limited partner's tortious efforts to frustrate satisfaction of plaintiff's judgment.

  • January 13, 2025 | New York Law Journal

    SCOTUS Leaves Untouched 2nd Circuit's Revival of Binance Fraud Suit

    The justices denied the petition for review without explanation, as is customary, declining to inquire further into Binance’s arguments that purchases made over its platform are extraterritorial and beyond the scope of U.S. securities law.

    1 minute read

  • In the Matter of the Helene Eicoff Barrington Living Trust

    Publication Date: 2024-12-31
    Practice Area: Trusts and Estates
    Industry: Financial Services and Banking | Legal Services
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: F. Peter Conaty, Jr., Beth Knight, Travis S. Hunter, Sara M. Metzler, Richards, Layton & Finger, P.A., Wilmington, DE; William M. Kelleher, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for petitioners.
    for defendant: Gregory J. Weinig, Shaun Michael Kelly, Connolly Gallagher LLP, Wilmington, DE for respondent.

    Case Number: 2020-0782-PAF

    Court enforced no-contest clause in estate plan where beneficiary's litigation directly challenged the validity of the will and a trust and the clause contained no exception for prevailing in such litigation.

  • Clark v. Santander Bank N.A.

    Publication Date: 2024-12-04
    Practice Area: Civil Procedure | Trusts and Estates
    Industry: Financial Services and Banking
    Court: U.S. Court of Appeals for the Second Circuit
    Judge: Circuit Judge Richard J. Sullivan
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 22-2965

    Existence of Competing Claims Bars Pro Se Litigant's Representation of Estate

  • Hayes v. First Source Federal Credit Union

    Publication Date: 2024-09-09
    Practice Area: Banking and Finance Laws
    Industry: Financial Services and Banking
    Court: U.S. District Court for the Northern District of New York, U.S. - NDNY
    Judge: Chief Judge Brenda K. Sannes
    Attorneys: For plaintiff: For Plaintiffs: Jeffrey D. Kaliel, KalielGold PLLC, Washington D.C.
    for defendant: Sophia G. Gold, KalielGold PLLC, Berkeley, CA. Christopher D. Jennings, Tyler B. Ewigleben, Johnson Firm, Little Rock, AR. For Defendant: Peter G. Siachos, Gordon Rees Scully Mansukhani, LLP, New York, NY. Stephanie Imbornone, Gordon Rees Scully Mansukhani, LLP, Florham Park, NJ.

    Case Number: 5:23-CV-875

    Breach Claims Against Bank Over Overdraft Fees Denied Dismissal

  • August 14, 2024 | Corporate Counsel

    More CEOs May Unleash Buyout Offers, Creating Hornet's Nest of Challenges for Boards

    23andMe set up an independent board committee and hired legal and financial advisers to work with it after CEO Anne Wojcicki offered to take the company private.

    6 minute read

  • July 29, 2024 | Law.com

    Messner Reeves Salt Lake City Managing Partner Accused of Stealing $10M from Escrow Deposits for Fraudulent Loan Provider

    "It's a very unusual thing for borrowers to take out huge sums of money to be able to borrow money," the plaintiffs' attorney Howard W. Foster said about the Utah lawsuit. "It's backwards; you have to put up a ton of money in order to borrow money. I've never heard of anything like that. It's not going to stop until the court steps in."

    5 minute read

  • Litovich v. Bank of America Corp.

    Publication Date: 2024-07-12
    Practice Area: Civil Procedure | Judges
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: U.S. Court of Appeals for the Second Circuit
    Judge: Per Curiam
    Attorneys: For plaintiff: For Plaintiffs-Appellants: Gregory Rapawy, Eliana Margo Pfeffer, on the brief, David C. Frederick, Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., Washington, DC. For Plaintiffs-Appellants: Christopher M. Burke, Scott+Scott Attorneys at Law LLP, New York, NY. For Plaintiffs-Appellants: Walter W. Noss, Kate Lv, Scott+Scott Attorneys at Law LLP, San Diego, CA. For Plaintiffs-Appellants: George A. Zelcs, Chad E. Bell, Ryan Z. Cortazar, Korein Tillery LLC, Chicago, IL. For Plaintiffs-Appellants: Glen E. Summers, Karma M. Giulianelli, Bartlit Beck LLP, Denver, CO.
    for defendant: For Defendants-Appellees The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC: Matthew J. Porpora, Jonathan S. Carter, on the brief, Richard C. Pepperman II, Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellees Bank of America Corporation, BofA Securities, Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated: Adam S. Hakki, Richard F. Schwed, Shearman & Sterling LLP, New York, NY. For Defendant-Appellee Barclays Capital, Inc.: Barry G. Sher, Kevin P. Broughel, Paul Hastings LLP, New York, NY. For Defendant-Appellee Credit Suisse Securities (USA) LLC: Herbert S. Washer, Sheila C. Ramesh, Adam S. Mintz, Cahill Gordon & Reindel LLP, New York, NY. For Defendants-Appellees JPMorgan Chase & Co. and J.P. Morgan Securities LLC: Robert D. Wick, John S. Playforth, Covington & Burling LLP, Washington, DC. For Defendant-Appellee NatWest Markets Securities Inc: Paul S. Mishkin, Adam G. Mehes, Davis Polk & Wardwell LLP, New York, NY. For Defendants-Appellees Citigroup Inc. and Citigroup Global Markets Inc.: Jay Kasner, Karen M. Lent, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY. For Defendant-Appellant Deutsche Bank Securities Inc.: John F. Terzaken, Adrienne V. Baxley, Simpson Thacher & Bartlett LLP, Washington, DC. For Defendants-Appellees Morgan Stanley, Morgan Stanley & Co. LLC, and Morgan Stanley Smith Barney LLC: Richard A. Rosen, Brad S. Karp, Susanna M. Buergel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Kannon K. Shanmugam, Jane B. O'Brien, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, DC. For Defendants-Appellees Wells Fargo & Co., Wells Fargo Securities, LLC, and Wells Fargo Clearing Services, LLC: Jayant W. Tambe, Laura W. Sawyer, Amanda L. Dollinger, Jones Day, New York, NY.

    Case Number: 21-2905

    Judgment Vacated; Statute, Precedents Required Judge's Pre-Judgment Disqualification