Legal updates for: CPLR


spinner
Retrieving Search Results...


New York Court of Appeals Reaffirms the Separate Entity Rule

by Akerman LLP on

... October 23, 2014, the New York Court of Appeals issued an opinion in Motorola Credit Corp. v. Standard Chartered Bank, --- N.E.3d ----, 2014 WL 5368774, 2014 N.Y. Slip Op. 07199 (N.Y. Oct. 23, 2014), reaffirming New York's "separate entity rule." This opinion will impact a judgment-creditor's ability to restrain assets and... more




Second Circuit Fails to See the Comity in Chapter 15

by Goodwin Procter LLP on

... Krys v. Farnum Place, the Second Circuit ruled that, in a Chapter 15 ancillary proceeding, a SIPA claim is within the territorial jurisdiction of the United States and its sale by the Foreign Representative must be subjected to review under Bankruptcy Code Section 363. In so holding, the court vacated an earlier decision of the Bankruptcy... more





A Check in the “Win” Column for Broker-Dealers!

by Wilson Elser on

... Second Circuit recently issued a single opinion for two cases [Goldman Sachs & Co. v. Golden Empire Sch. Fin. Auth., No. 13-797-cv (2d Cir. Aug. 21, 2014) and Citigroup Global Mkts. Inc. v. N.C.E. Mun. Power Agency, No. 13-2247-cv (2d Cir. Aug 21, 2014)], holding that a forum selection clause in a contract supersedes a broker-dealer’s... more





New York Creates Rocket-Docket for Commercial Disputes—But Accelerated Adjudication Comes With Trade-Offs

by Pillsbury Winthrop Shaw Pittman LLP on

... of June 2, the Commercial Division of the New York Supreme Court will allow for the accelerated adjudication of commercial disputes. Rule 9 of Section 202.70(g) of the Uniform Rules for the Supreme and County Courts takes effect today, requiring litigants who consent to this accelerated process to be trial-ready in no more than nine months. The... more





WORKING... ×