February 12, 2016

Complaint for Declaratory and Injunctive Relief Filed Against The U.S. Election Assistance Commission

Press Release | Stroock & Stroock & Lavan LLP, serving as pro bono co-counsel to the League of Women Voters of the United States, along with its Alabama, Georgia and Kansas Leagues, has filed a Complaint for Declaratory and Injunctive Relief in federal court against the U.S. Election Assistance Commission (EAC), arguing that the EAC's Executive Director Brian D. Newby's action requiring eligible voters in Alabama, Georgia and Kansas to provide documentary proof of citizenship on the federal voter registration form ("the Federal Form") is illegal. The Georgia NAACP, the Georgia Coalition for the People's Agenda, and Project Vote, along with Marvin Brown and JoAnn Brown, are also plaintiffs in the suit against the EAC. The case has been filed in the United States District Court for the District of Columbia.

  • February 10, 2016

    Stroock Adds National Real Estate Counsel

    GLOBE ST. | Erica F. Buckley, former chief of the real estate finance bureau at the New York State Office of the Attorney General, will join Stroock's Real Estate and Government Relations Practice Groups as special counsel in March. To read Globe St.'s article on Ms. Buckley's arrival, please click here....Read More

    February 9, 2016

    Steven W. Rabitz quoted in "Fiduciary Duty Rules Poised to Redefine an Industry"

    COMPLIANCE WEEK | Steven W. Rabitz, a partner and head of Stroock's Employee Benefits and Executive Compensation Practice Group, is quoted in Compliance Week's article that discusses proposed fiduciary rules by the Securities and Exchange Commission (SEC) and the Department of Labor (DoL) and the idea of both agencies working together to create the rules....Read More

  • February 8, 2016

    Stroock Recruits Real Estate Bruiser Buckley

    THE DEAL | On March 7, Erica F. Buckley, a public interest attorney specializing in real estate securities, will join Stroock's New York office as special counsel in the Real Estate and Government Relations Practice Groups. In addition, she will be a member of the Cooperatives and Condominiums Practice Group....Read More

    February 2, 2016

    Anne W. Salladin quoted in "U.S. Security Concerns Could Stand in the Way of ChemChina’s Syngenta Bid"

    BLOOMBERG | Anne W. Salladin, special counsel in Stroock's National Security/CFIUS/Compliance Practice Group, was quoted in Bloomberg's article that discussed how China National Chemical Corp.'s (known as ChemChina) takeover bid for Swiss agriculture company Syngenta AG is likely to face scrutiny by the Committee on Foreign Investment in the U.S. (CFIUS). ...Read More

  • January 25, 2016

    Loryn Dunn Arkow quoted in "High Court Eminent Domain Case May Offer States Clarity"

    LAW360 | Loryn Dunn Arkow, a partner in Stroock's Real Estate Practice Group, was quoted in a Law360 article that discusses how the Supreme Court's decision to hear an eminent domain case concerning a family-government dispute over adjacent Wisconsin properties is likely to provide clarity to states who also encounter this issue....Read More

    January 25, 2016

    James G. Sammataro quoted in "Google Facing Legal Gray Area In Voice Infringement Suit"

    LAW360 | James G. Sammataro, a partner in Stroock's Entertainment and Litigation Practice Groups and managing partner for the firm’s Miami office, was quoted in a Law360 article that discusses how singer Darlene Love filed a lawsuit against Google Inc. where she claimed that her recording "It's a Marshmallow World" was improperly used in an advertisement. ...Read More

  • January 25, 2016

    Ross F. Moskowitz Co-Authors Letter to New York City Planning Commission Regarding Affordable Housing Proposal

    NEW YORK CITY BAR ASSOCIATION | Ross F. Moskowitz, a partner in Stroock's Real Estate Practice Group and the head of its Land Use Practice Group, in his capacity as Chair, Committee on Land Use Planning and Zoning, New York City Bar Association co-authored a letter to the New York City Planning Commission ("CPC") to express the Bar Association's views on the proposed Mandatory Inclusionary Housing text amendment currently before the CPC. ...Read More

    January 20, 2016

    Steven D. Atlee authored "AB 1541: Defining 'personal information'"

    LOS ANGELES DAILY JOURNAL | Steven D. Atlee, a partner in Stroock's Financial Services/Class Action and Litigation Practice Groups, authored an article for the Los Angeles Daily Journal discussing the amendment Assembly Bill 1541, which was enacted to protect the personal information of employees and consumers in businesses. ...Read More

  • January 12, 2016

    Benjamin G. Diehl quoted in "Bad News for Banks: More Regulatory Risk Is Coming, With a Political Twist"

    COMPLIANCE WEEK | Benjamin G. Diehl, special counsel in Stroock's Financial Services/Class Action and Government Relations Practice Groups, was quoted in Compliance Week's article where he discussed the likelihood of more regulatory scrutiny and rulemaking in the financial services industry this year....Read More


Andrew DeNatale, Bill Latza and Curt Mechling to speak at IAIR 2016 Insurance Insolvency Workshop

Stroock Partner Curtis Mechling, Of Counsel William Latza and Of Counsel Andrew DeNatale will be speaking at the International Association of Insurance Receivers (IAIR) 2016 Insurance Insolvency Workshop. They will participate in the panel discussion "Same Box, Different Recipe: What Might we Learn from Current Bankruptcy Practice?"

  • February 24-26, 2016 - IAIR 2016 Insurance Insolvency Workshop
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  • February 24, 2016 - Jewish Lawyers Guild's "Truth & Adversaries" Discussion 
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  • March 1, 2016 - D.C. Bar's SEC Derivatives Rule Proposal: A Panel Discussion with Key SEC and Industry Lawyers
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  • February 5, 2016 | NEW YORK LAW JOURNAL

    "Voting Reform Prominent in Two Executive Addresses"

    BY: Jerry H. Goldfeder, Myrna Pérez

    The early days of 2016 ushered in addresses on the State of the Union and State of the State where our respective chief executives called for election law reforms. As each underscored the importance of expanding the franchise, President Barack Obama and Governor Andrew Cuomo referred to markedly different legislative environments.

    The president lamented the efforts across the country to roll back voting rights, as well as partisan rancor and division stymieing congressional action. Gov. Cuomo, on the other hand, lauded the state Legislature for its leadership and ability to come together.

  • February 2016 | HABITAT

    "Was it the Price? Or Were They Not Nice?"

    A long-standing mantra has been that boards of cooperative housing corporations can accept or reject a purchaser for any reason or no reason, absent discrimination. And board members need not disclose their reasons – at least until they are sued.

    So let's look at the myriad issues raised when the board members' reasons just don't make sense, as was the case in Berkowitz v. 29 Woodmere Blvd. Owners’ Inc.

  • January 25, 2016 | STROOCK SPECIAL BULLETIN

    "Final Margin Rules for Uncleared Swaps: A Comparison"

    On December 16, 2015, the Commodity Futures Trading Commission (“CFTC”) adopted a final rule and interim final rule establishing margin requirements for uncleared swaps for swap dealers (“SDs”) and major swap participants (“MSPs”) that do not have a prudential regulator (together, the “CFTC Final Rule”). In October of 2015, the Department of the Treasury’s Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Farm Credit Administration and Federal Housing Finance Agency (collectively, the “Prudential Regulators”) had jointly adopted a final rule and interim final rule that addressed, among other topics, margin requirements for uncleared swaps for SDs and MSPs that fall under their prudential regulation (together, the “Prudential Regulators Final Rule” and, with the CFTC Final Rule, the “Final Rules”).

    This Stroock Special Bulletin compares and contrasts these Final Rules.

  • January 14, 2016 | STROOCK SPECIAL BULLETIN

    "New 'Intel'-igence on ISDA "Loss" Definition"

    The September 15, 2008 Chapter 11 filing of Lehman Brothers Holdings Inc. ("LBHI") was an Event of Default under hundreds, if not thousands, of 1992 ISDA Master Agreements (Multicurrency — Cross Border) ("1992 ISDAs") between LBHI and its affiliates and counterparties across the world. Many of these defaults ripened into valuation disputes, which became the subject of mediations and litigations. These proceedings often revolved around the calculation by the Non-defaulting Party of its "Loss" under a 1992 ISDA, and the meaning of the terms of the "Loss" provision. While counterparties had previously litigated some aspects of the "Loss" provision, the Lehman mediations and litigations revealed important lacunae in New York case law—one of the two potential governing laws under the 1992 ISDA.

    In this Stroock Special Bulletin we first review the key parts of the Loss provisions of the 1992 ISDA.

    Next, we analyze the relevant facts of the Intel case and how the Bankruptcy Court reached its decision. We conclude with some practice pointers for counterparties who find themselves having to terminate a 1992 ISDA, where the Loss provision is the governing payment measure.

  • January 13, 2016 | STROOCK SPECIAL BULLETIN

    "When Is Your Tax Return a False Claim to the Government?"

    On October 20, 2015, the New York Court of Appeals issued a 6-1 decision in People v. Sprint Nextel Corp. allowing the New York Attorney General ("AG") to pursue an enforcement action against Sprint Nextel Corporation ("Sprint"), based on allegations that Sprint violated the New York State False Claims Act ("NYFCA") by engaging in allegedly fraudulent tax practices.This Stroock Special Bulletin examines

    some of the implications of the decision (the first opinion from New York's highest court on this statute), which is the latest in a string of court cases that state governments and qui tam plaintiffs (also known as "relators") have brought in the past decade, alleging that companies have violated a given state's false claims act by failing to comply with that state's tax laws.