August 16, 2016

Quyen Truong quoted in "CFPB Rule Gives Mortgage Servicers Enough Rope to Hang Themselves"

AMERICAN BANKER | Quyen Truong, a partner in Stroock's Financial Services/Class Action Practice Group, was quoted in American Banker's article that discusses the details of the Consumer Financial Protection Bureau's recently released final servicing rule.

  • August 15, 2016

    Matt Siegal quoted in "Fed. Circ. Highlights Peril Of Using 'Common Sense' At PTAB"

    LAW360 | Matthew W. Siegal, a partner in Stroock's Intellectual Property Group, was quoted in Law360's article that discusses the impact of the Federal Circuit's recent decision that faulted the Patent Trial and Appeal Board for invoking "common sense" in a patent asserted against Google. ...Read More

    August 15, 2016

    47 Stroock Partners and Counsel Named to Best Lawyers in America for 2017

    PRESS RELEASE | Stroock & Stroock & Lavan LLP announced that 47 attorneys across 34 categories have been selected by their peers for inclusion in the 2017 edition of Best Lawyers in America.

    In addition, Lewis F. Murphy was recognized as a "Lawyer of the Year" in the Litigation – Securities, Miami category, a prestigious honor named to only one lawyer per practice area within each metropolitan region based on the highest peer ratings received....Read More

  • August 8, 2016

    Jon Ziefert quoted in "5 Ways To Botch A Real Estate Deal"

    LAW360 | Jon S. Ziefert, a special counsel in Stroock's Real Estate Practice Group, was quoted in Law360's article that discusses several pitfalls that may cause a real estate deal to not close. ...Read More

    August 5, 2016

    Stroock's Michele Jacobson Profiled by Law360 in Q&A

    LAW360 | Partner Michele L. Jacobson, co-chair of Stroock's Insurance Practice Group and a member of the Firm's Executive Committee, was profiled in Law360's Q&A article that discusses her international arbitration work, as well as trends in the marketplace. ...Read More

  • August 3, 2016

    Robert Plaze quoted in "Obscure Rule to Fix $2.7 Trillion Market Draws Tireless Opponent"

    BLOOMBERG | Robert E. Plaze, a partner in Stroock's Investment Management Practice Group, was quoted in a Bloomberg article that discusses how Congress is currently considering bipartisan legislation to reverse how money market mutual funds are governed. ...Read More

    August 1, 2016

    James Sammataro quoted in "Collector Suing Ferrari After Bid to Buy Rare Car Is Rejected"

    DAILY BUSINESS REVIEW | James G. Sammataro, a partner in Stroock's Entertainment and Litigation Practice Groups and managing partner of the firm's Miami office, was quoted in Daily Business Review's article that discusses how a South Florida businessman seeking to buy a Ferrari limited-edition luxury vehicle valued up to $2 million has filed a defamation lawsuit against Ferrari North America after the automobile maker rejected his $1 million deposit for one of the most expensive cars in the world. ...Read More


Irene Oria to Speak at HNBA’s Annual Convention

Stroock Special Counsel Irene Oria will be speaking at HNBA’s Annual Convention. The event will take place September 7-10, 2016 in Chicago, IL.

Ms. Oria will participate in the panel discussion "Beware of Spoliation: Civil and Criminal Penalties for Destroying Stale Information."

  • September 7-10, 2016 - HNBA 2016 Annual Convention
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  • September 13-15, 2016 - PREX16: 5th Annual Conference on Preservation Excellence: Tomorrow's E-Discovery
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  • October 16-19, 2016 - AIRROC 2016 NJ Commutations & Networking Forum
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  • August 15, 2016 | STROOCK SPECIAL BULLETIN

    "For City-Supervised Mitchell-Lama Cooperatives Thinking About Privatization: Think Again"

    As of August 15, 2016, there are 20 City-Supervised Mitchell-Lama Cooperatives that are eligible to voluntarily dissolve and become either a market-rate cooperative or condominium. This Stroock Special Bulletin provides information regarding a meaningful alternative to privatization that may be helpful to shareholders of these 20 cooperatives.

    It's the Article II to Article XI Conversion Program – a program that is in line with the mission of the Mitchell-Lama law, and which also provides modest equity appreciation to existing shareholders and much-needed middle income housing for future generations to come.

  • August 11, 2016 | STROOCK SPECIAL BULLETIN

    "Food for Thought: SAFE Act Would Add the USDA to CFIUS"

    On July 12, 2016, Senator Chuck Grassley (R-IA) introduced legislation to add the U.S. Department of Agriculture ("USDA") as a full member of the Committee on Foreign Investment in the United States ("CFIUS" or the "Committee").

    This Stroock Special Bulletin provides an overview of the "Securing American Food Equity Act of 2016" (or the "SAFE Act of 2016"), which, if enacted, would ensure that the USDA has a permanent seat at the CFIUS table.


    "SEC Focuses on Business Continuity and Transition Plans: Implications for Registered Investment Advisers and Funds and Their Critical Service Providers"

    The Securities and Exchange Commission recently proposed new Rule 206(4)-4 under the Investment Advisers Act of 1940, which would require registered investment advisers to adopt and implement business continuity and transition plans ("BCPs"). At the same time, the SEC's Division of Investment Management issued a Guidance Update discussing certain elements of BCPs that registered investment companies ("funds") should consider adopting under Rule 38a-1 under the Investment Company Act of 1940. This Stroock Special Bulletin provides an overview of the Proposed Rule and the Guidance Update. The Proposed Rule is the most recent installment of the five-part package of reforms outlined by SEC Chair White in late 2014.

    It likely is driven by the SEC's ongoing efforts to address systemic risk concerns that the Financial Stability Oversight Council believes are presented by asset managers. The Guidance Update, on the other hand, appears more closely-related to last year’s event in which a major service provider experienced software failures that interrupted its ability to act as a pricing agent. It focuses on the need for a fund's BCP to account for dependencies on critical service providers and how the fund would respond to an interruption of services from such providers.


    "CFPB Proposes Amendments to TRID Rule"

    The Bureau of Consumer Financial Protection (“CFPB”) on Friday, July 29th, released proposed amendments to its rule mandating use of the TILA-RESPA Integrated Disclosures in mortgage transactions (the “TRID Rule,” often referred to by the CFPB as the “Know Before You Owe Disclosure Rule”). While the CFPB expressly

    declined to define further procedures for curing errors made in loan estimates and closing disclosures, a primary subject of industry demand for clarification, the proposed amendments will facilitate compliance in other ways by incorporating past guidance and making additional clarifications and technical updates.