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Wednesday, August 17, 2011

Y! Alert: NYLJ.com


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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
 
Supreme Court on Securities Law: Conflicting Attitudes on Class Actions Top
In her Securities Regulation column, Roberta S. Karmel, Centennial Professor of Law and co-director of the Dennis J. Block Center for the Study of International Business Law at Brooklyn Law School, writes: Although one of the securities law cases decided by the Supreme Court this term exhibits a strong animus toward Rule 10b-5 class action cases, two others endorse and extend the holding of Basic Inc. v. Levinson, a case that did not command more than a plurality for its then controversial fraud-on-the-market theory for a presumption of reliance.
 
New Disclosure Requirements Not as Tough as Other States' Top
 
Court Supports Copyright Penalty Against Student Who Peddled Textbooks Manufactured Overseas Top
 
NYCLA Report Charts Effect of Budget Cuts on Courts Top
 
Suffolk Officials Seek Court Help to Curb Gang Activity Top
 
Defunct Heller Ehrman Set To Pay Unsecured Creditors Top
 
Judge Rejects Rajaratnam's Request to Reverse Verdict Top
 
Designer of Red Outsoles Plans Appeal of Ruling Top
 
Edwards Angell Set for Fall Merger With Wildman Harrold Top
 
JPMorgan Chase Bank NA v. Luxor Capital LLC Top
Chase Fails to Show Credit Agreement Allowed Use of Tiered Distribution Method
 
K.G.K. Diamonds LLC v. Slane & Slane Designs LLC Top
Court Rejects Dismissal of Contract Breach, Account Stated Claims Against Diamond Dealer
 
Nassau Beekman LLC v. Ann/Nassau Realty LLC Top
Seller Granted Dismissal of Complaint, Denied Judgment on Counterclaim
 
Rosenthal v. Rosenthal Top
Subpoena to Compel Mediator to Testify Pursuant to Mediation Agreement Is Quashed
 
MPEG LA LLC v. Audiovox Electronics Corp. Top
Patent Exhaustion Doctrine Not a Defense To License Agreement in Contract Breach Suit
 
Rosley v. Allyn Top
Equitable Claims Not Allowed in Small Claims Part; Action Is Dismissed Without Prejudice
 
Pasternack v. Laboratory Corp. of America Top
Federal Employee's Conduct at Drug Testing Collection Site Constitutes a 'Refusal to Test'
 
In re September 11 Litigation Top
Firm Damaged on 9/11 Must Pay Ex-Counsel 33.3 Percent of Recovery
 
Natural Resources Defense Council Inc v. Wright-Patterson Air Force Base Top
Air Force Defendants Adequately Searched For Records in Response to NRDC Request
 
Silva v. Bridgebar LLC Top
Default Arose from Defendant's Difficult Circumstances, Confusion Not Willful
 
Ancile Investment Co. Ltd. v. Archer Daniels Midland Co. Top
Defendant Is Not Estopped from Asserting The Exact Opposite of Previous Argument
 
Outside Counsel: Proposed Rule 2019 Amendment: Will It Stop the Games? Top
Schuyler Carroll, a partner at Perkins Coie, and Shan Haider, an associate at the firm, write that while the general intent of the proposed amendment is to "expand the scope of the rule's coverage and the content of its disclosure requirements," it also attempts to temper the ability to use 2019 as a strategic tool to gain leverage.
 

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