NY Swap Contract Ruling Means Defenses Hinge On ‘S-Word’ – Law360
NY Swap Contract Ruling Means Defenses Hinge On ‘S-Word’ – Law360
Investment pacts must explicitly bar actions tied to the products they govern to be invoked as a defense against common-law or statutory claims, New York’s top court ruled Tuesday, a decision experts say will send lawyers scrambling to make sure their financial industry clients’ no-suit clauses feature the crucial word ‘securities.’
Past President Vince Chang, partner at Wollmuth Maher & Deutsch LLP, is prominently quoted in Law360’s “NY Swap Contract Ruling Means Defenses Hinge on ’S-Word,’” by Pete Brush. Among other insights, Vince shared his opinon: "The absence of one word — literally one word — makes a big difference in how these things are litigated,“ said Wollmuth Maher & Deutsch LLP complex litigation partner Vincent Chang. "If you already are in litigation, you’d better check to see if [securities] is in there.” Click on the link to read more.
AABANY Joins KALCA in Congratulating Kevin Kim on his Appointment as New York State Liquor Authority Commissioner
KALCA has shared the news of Kevin Kim’s appointment as the first Asian American Commissioner of the New York State Liquor Authority. Kevin is a graduate of Columbia Law School, a former clerk for Hon. Denny Chin and was an associate at Davis Polk. AABANY joins KALCA in congratulating Commissioner Kim on his appointment. For the full press click here
SDNY BOARD OF JUDGES ADOPTS LOCAL RULE 83.10, A PLAN FOR CERTAIN § 1983 CASES AGAINST THE CITY OF NEW YORK
The Board of Judges of the United States District Court for the Southern District of New York has adopted Local Civil Rule 83.10, which governs how certain 1983 cases against the City of New York are managed.
Initially a pilot program implemented in 2011, the goal of the Local Rule is to improve the administration of justice by standardizing discovery and the dates of production, resulting in more material being produced earlier in the process so as to aid in the required early mediation or settlement conference. The 1983 Plan is responsible for the settlement of 70% of Plan-eligible cases in the first six months after the filing of a complaint.
The Board of Judges extended the pilot program in 2013, and it adopted the plan into the courts Local Rules after soliciting public feedback on the program. The rule will become effective upon approval by the Second Circuit Judicial Council. Prior to the revised rule taking effect, the public is invited to comment. Comments are to be submitted in writing on or at the close of business on Friday, July 20, 2014 to:
Edward A. Friedland
District Court Executive
U.S. District Court for the Southern District of New York
500 Pearl Street, Room 820
New York, NY 10007-1312
A complete version of the Plan and the codified Local Rule follows this notice and can be found at the court’s website at http://www.nysd.uscourts.gov.
This Land is Your Land, Too: Working Together for Immigrant New Yorkers
The inaugural conference of the New York Immigrant Assistance Consortium
June 9th, 2014
8:30 a.m. – 6:30 p.m.
Hosted by New York Law School
New York, New York
Sponsored by NYIC, ONA, DYCD, AILA-NY
Don’t miss our special plenary, moderated by NY1’s Pat Kiernan!
Lunch Plenary: Where are we today? City, State, and Federal Perspectives.
Panelists:
New York Secretary Of State Cesar Perales
NYC Commissioner for Immigrant Affairs Nisha Agarwal
US Executive Office for Immigration Review Director Juan Osuna
USCIS NY District Director Phyllis Coven
Click here to register.
Other panels include:
Anti-Immigration Fraud Efforts & Capacity
Moderated by: JoJo Annobil of the Legal Aid Society
Outreach and Organizing with Community Partners
Moderated by:Marika Dias of Make the Road New York
Ethical Challenges of Direct Services and Representation
Moderated by: C. Mario Russell of Catholic Charities of New York
Innovations in Outreach and Service Delivery through Technology
Moderated by: Mark O’Brien of ProBono Net
Moderated by: Mark O’Brien of ProBono Net
Communications, Media, Branding
Moderated by: Laz Benitez of the New York State Office for New Americans
Coordination of Pro Bono and Volunteer Efforts
Moderated by: Miriam Buhl of Weil, Gotshal and Manges LLP
National Perspectives on Legalization Planning and Implementation
Moderated by: Matthew Burnett of the Immigration Advocates Network
Private and Public Funding Partnerships
Moderated by: Christopher O’Malley of the IOLA Fund
Strategic Partnerships with Traditional and Non-Traditional Partners
Moderated by: Betsy Plum of the New York Immigration Coalition
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The purpose of this one-day conference is to advance the capacity of immigrant assistance provider organizations in New York that serve clients in an efficient, effective and coordinated manner. The conference will bring members of the Immigration community together to share their best practices and learn from current and prior experiences in immigration assistance efforts like DACA, as well as other mass assistance efforts like those following Hurricane Sandy and 9/11.
The registration fee of $55 covers admission to the conference. Admission includes a light breakfast, lunch, and an invitation to a cocktail reception following the final panel.
Please note that CLE credits will be provided.
NYLJ: Panel Clarifies Scope of Automatic Contract Renewals
NYLJ: Panel Clarifies Scope of Automatic Contract Renewals
A state law that requires advance warning before enforcing automatic renewal provisions of many contracts applies to a doctor’s contract with a company for b…
Congratulations to AABANY member Tristan Loanzon on making the front page of the New York Law Journal on May 7. He won a unanimous decision before the First Department, reversing the lower court and clarifying the scope of automatic renewal clauses in contracts. Tristan is quoted in the article, noting the significance of the decision in the healthcare and financial fields where clauses for automatic renewal are common. To read the article, follow the link in the title. (Subscription may be required.)