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The latest from NYLJ.com

• Richard Green (Fine Paintings) v. McClendon
• Consumer Financial Protection Bureau: Demon or Savior?
• Supreme Court Rejects Bright-Line Materiality Test
• Albany: Children's Centers at Courts Are Hit Hard by Budget Cuts
• Father's Use of Facebook Did Not Violate Protective Order, Justice Says
• Suit by Man Blown Off Bicycle by Helicopter's Wake Goes Forward
• News In Brief
• Ex-Mob Boss Takes Stand Against One of His Own
• Clarification
• Matter of Drucker v. Commissioner, NYS Div. of Housing & Comm. Renewal
• Primestone LLC v. Lichtenstein
• Matter of Gilliam v. City of New York
• Garden State Automotive Group LLC v. Nissan Motor Acceptance Corp.
• M.V.B. Collision Inc. v. Allstate Ins. Co.
• Kougianos v. Nassau County Dept. of Public Works
• Reed v. Continental Guest Services Corp.
• Wasim v. Summit Security Services Inc.
• United States v. Bonventre
• STMicroeletronics v. Credit Suisse Group
• Strom v. National Enterprise Systems Inc.
• Cabrera v. NYC Housing Authority
• Outside Counsel: Mal(Content) Practice Cases: Disgruntled Litigants and Unpaid Fees

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Richard Green (Fine Paintings) v. McClendon	Top
Woman Loses Breach Suit Over $4.2 Million Painting; E-Mails Satisfied Statute of Frauds
Consumer Financial Protection Bureau: Demon or Savior?	Top
In his Domestic Banking column, Clyde Mitchell, adjunct professor of banking law at Fordham Law School, discusses the new, powerful regulator; its primary responsibilities and current status; the appointment of Elizabeth Warren as "unofficial czar" of the bureau; and the benefits and drawbacks of not appointing an official director.
Supreme Court Rejects Bright-Line Materiality Test	Top
In their Corporate and Securities Litigation column, Sarah S. Gold and Richard L. Spinogatti of Proskauer Rose discuss how the Matrixx opinion reaffirms that materiality is dependent upon whether the fact omitted or misrepresented significantly altered the total mix of available information from the perspective of a reasonable investor.
Albany: Children's Centers at Courts Are Hit Hard by Budget Cuts	Top
Father's Use of Facebook Did Not Violate Protective Order, Justice Says	Top
A father did not commit either criminal contempt or stalking when he wrote disparagingly about the mother of his two children on Facebook, an upstate town justice has decided. According to the charges, Mr. Welte gained access in 2010 to Maureen L. Perry's Facebook account and began sending letters to friends and family on "Maureen's Friend List." Ms. Perry complained that the letters accused her of using the couple's children against Mr. Welte and of preventing him from seeing or communicating with them.
Suit by Man Blown Off Bicycle by Helicopter's Wake Goes Forward	Top
News In Brief	Top
Ex-Mob Boss Takes Stand Against One of His Own	Top
Clarification	Top
Matter of Drucker v. Commissioner, NYS Div. of Housing & Comm. Renewal	Top
Agency Is Granted Remand to Decide if Fraudulent Deregulation Scheme Existed
Primestone LLC v. Lichtenstein	Top
Summary Judgment Cannot Be Granted On Cause of Action Not Pleaded
Matter of Gilliam v. City of New York	Top
Court Finds Affirmation That Petitioner Was Not Qualified for Job Had Rational Basis
Garden State Automotive Group LLC v. Nissan Motor Acceptance Corp.	Top
Plaintiffs Are Barred From Pleading Identical Issues as in Prior Litigation
M.V.B. Collision Inc. v. Allstate Ins. Co.	Top
Allegedly Defamatory Statement Found 'Rhetorical Hyperbole,' Not Actionable
Kougianos v. Nassau County Dept. of Public Works	Top
Court Rejects Bid to File Late Notice of Claim Despite Misidentification of Defendant
Reed v. Continental Guest Services Corp.	Top
Court Orders Conference to Address Deficiencies in Proposed Class Settlement
Wasim v. Summit Security Services Inc.	Top
No Evidence Employer Orchestrated or Encouraged Bias Against Muslim Guard
United States v. Bonventre	Top
Judge Rejects Claims That 'Frozen' Funds Were to Pay Defense Counsel in Madoff Case
STMicroeletronics v. Credit Suisse Group	Top
Fraud Claims Proceed Against Parent Firm Based on Acts by Subsidiary's Brokers
Strom v. National Enterprise Systems Inc.	Top
Statements Detailing Personal Experience After Collector's Calls Should Be Admitted
Cabrera v. NYC Housing Authority	Top
Court Annuls Termination of Tenancy Found Shocking to Judicial Conscience
Outside Counsel: Mal(Content) Practice Cases: Disgruntled Litigants and Unpaid Fees	Top
Robert Z. Dobrish, senior partner at Dobrish Zeif Gross, writes that the elephant in the room in all cases of an unhappy client and a lawyer owed money is the specter of a grievance or malpractice action, and a seasoned attorney can often smell a malpractice claim coming by the way the client speaks and writes.

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