April 22, 2015

Turnarounds & Workouts Names Stroock Partner Jayme Goldstein As One Of 2015’s “Outstanding Young Restructuring Lawyers”

Press Release | Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, announced that Jayme Goldstein, a partner in the Financial Restructuring Practice Group, was recognized by Turnarounds & Workouts as one of 2015’s “Outstanding Young Restructuring Lawyers,” an honor given to only a dozen attorneys in the country. This is the second consecutive year that Mr. Goldstein has made the list.

  • April 13, 2015

    Stroock Bolsters Litigation Practice Further with Two Partners and Special Counsel in New York and Miami: New Additions Expand on Recent Growth in Los Angeles

    Press Release | Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, announced the addition of two new partners and a special counsel. Joining the firm are Michael C. Keats, a litigation partner in New York, and Laura Besvinick, an insurance litigation partner in Miami. Julie Nevins, who focuses on complex commercial litigation, has joined the firm as special counsel in Miami. The continued expansion of the firm includes two recent additions in the Los Angeles office, Steven D. Atlee, a financial services/class action partner in the Litigation Practice Group, and Yousuf I. Dhamee, an investment management partner....Read More

    April 2015

    James Bernard Featured in New York Law Journal article "Court Annuls Woman's $11,175 Fine for Posting Fliers"

    New York Law Journal | On April 2, 2015, Manhattan Supreme Court Justice Paul Wooten ruled in the case, Pujols v. City of New York, that New York City violated the constitutional rights of babysitter Yasmin Pujols by fining her more than $11,000 for posting handbills advertising her business on city-owned property. Following Administrative Law Judge Mitchell Regenbogen’s violation decision, Pujols received pro bono representation from James Bernard, a partner in Stroock’s Litigation Practice Group......Read More

  • MARCH 27, 2015

    Stroock Expands Litigation Practice with Steven Atlee; Continues Growth in Los Angeles

    Press Release | Stroock & Stroock & Lavan LLP, a national law firm with offices in New York, Los Angeles, Miami and Washington, DC, announced today that Steven D. Atlee has joined the firm’s Los Angeles office as a partner in the Financial Services/Class Action Practice Group. Mr. Atlee joins recent additions, Yousuf Dhamee and Associate Neema Ghannadi, who joined the Investment Management Practice in the Los Angeles Office in December. Mr. Atlee litigates complex commercial matters, including class actions, business torts, intellectual property, securities, contract and other disputes. In addition to extensive trial experience, he has represented clients in arbitrations, mediations, alternative dispute resolutions and in targeted discovery matters. He counsels clients in matters including consumer class actions, unfair competition, false advertising, patent, trademark, trade secrets, professional liability, telecommunications, securities fraud and property disputes....Read More

    March 27, 2015

    Ross Moskowitz quoted in "Pennsylvania Sets Precedent With P3 Deal For Bridges"

    THE BOND BUYER | The Rapid Bridge Replacement Project is Pennsylvania’s initial public-private partnership and the first nationwide to bundle multiple structurally deficient bridges into a single procurement. As part of the commonwealth’s venture, 558 bridges are to be replaced over the course of three years and $800 million was raised through an oversubscribed sale of private activity bonds led by JPMorgan and Wells Fargo Securities. The sale, which closed on March 18, attracted more than 40 investors. Standard & Poor’s rated the bonds BBB....Read More

  • March 24, 2015

    Gail Suchman quoted in "4th Circ. "Nexus" Ruling Expands Deference To Army Corps"

    LAW360 | The Fourth Circuit decided earlier this month to stop Precon Development Corp. Inc.’s 13-year battle with the U.S. Army Corps of Engineers over a proposed Virginia housing development because of its possible impact on a river about seven miles away. The decision determined that the Corps properly denied a permit for the project because of its “significant nexus” to a nearby river....Read More

    March 12, 2015

    Sky Moore quoted in "Hunan-Lionsgate Deal Could be Just the Beginning"

    CHINA DAILY | China’s Hunan TV & Broadcast Intermediary Co. Ltd. recently announced an agreement with Lionsgate Entertainment Corp, whereby Hunan will put up 25 percent of the combined $1.5 billion budget for co-productions and distribution over the next three years, making it the largest Chinese investment in Hollywood to date. ...Read More


Sky Moore to Speak at AIPLA Spring Meeting

Stroock Partner Schuyler Moore will be speaking at the American Intellectual Property Law Association's 2015 Spring Meeting. The meeting will be held April 30-May 2, 2015 in Los Angeles, CA.

  • April 6-7, 2015 (NY) and April 27-28, 2015 (IL) - PLI's 20th Annual Consumer Financial Services Institute
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  • April 27-28, 2015 - Bankruptcy & Reorganizations 2015: Current Developments
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  • April 27-30, 2015 - Digital Hollywood
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    "Multilateral Netting Under Safe Harbor Contracts: The Arguments for Enforceability in Bankruptcy (And for Mandatory Withdrawal of the Issue to District Court)"

    This article analyzes the enforceability of Multilateral Netting in bankruptcy, and provides helpful practice and drafting points for both in-house and outside counsel. It also focuses on the applicability of the Federal Deposit Insurance Corporation Improvement Act of 1991, as amended (“FDICIA”) , which may override contrary provisions of the United States Bankruptcy Code (the “Code”) and provide additional protections to Multilateral Netting in bankruptcy.

    In addition, the interplay between FDICIA and the relevant Code provisions raises arguments in favor of mandatory withdrawal of the reference of a dispute regarding Multilateral Netting to the United States District Court. Thus, for qualifying parties, invocation of FDICIA may provide both a more favorable forum than the Bankruptcy Court, as well as an additional argument in support of Multilateral Netting.


    "SEC Announces First Whistleblower Protection Case Based on Confidentiality Agreement: Employers Take Note – Do Your Employment-Related Documents Impede Employees’ Ability to Engage in Whistleblowing Process?"

    The Securities and Exchange Commission (the “SEC”) announced on April 1, 2015, that it had settled the first enforcement action it brought against a company for using language in an agreement that could “stifle the whistleblowing process” created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”). Among other things, Dodd-Frank includes anti-retaliation provisions, financial incentives and confidentiality provisions to encourage whistleblowers to report potential securities law violations.

    Multiple factors suggest that the SEC may bring additional enforcement actions pursuant to Rule 21F-17 of the Securities Exchange Act of 1934 (the “Exchange Act”). This Stroock Special Bulletin discusses the settlement, which arose out of a cease-and-desist proceeding filed by the SEC with respect to a confidentiality statement maintained by KBR, Inc. (“KBR”) in connection with its internal investigation of complaints, including allegations of potential federal securities violations.


    "Estate Planning Alert - Albany Fails (Again) to Enact Meaningful Estate Tax Relief"

    Last year, New York State enacted legislation reforming its estate, gift, and GST tax laws. The legislation was flawed in many respects – including that most of the benefits were illusory for wealthier New Yorkers – and proposals were presented to legislative leaders in Albany to fix those shortcomings. Unfortunately, Albany failed to enact any meaningful estate tax changes in its 2015 budget bill. Meanwhile, Republicans in Congress push for full estate tax repeal while President Obama seeks to reinvigorate the Federal estate tax.

    For now, the Federal estate, gift and GST tax exemptions have reached the new threshold of $5,430,000 and many popular wealth-transfer techniques remain viable, but coordination of planning by New York couples is of even greater importance. This Stroock Special Bulletin looks at the status of New York State and Federal estate, gift and GST tax laws and their implications for wealthier New Yorkers.


    "Update: Implementation Schedule of Margin Requirements for Uncleared Derivatives"

    On March 18, 2015, the Basel Committee on Banking Supervision and the International Organization of Securities Commissions announced changes to the implementation schedule set forth in the international framework “Margin requirements for non-centrally cleared derivatives” (the “International Framework”), which was issued on September 2, 2013.

    This Stroock Special Bulletin describes these changes and provides a brief summary of other key terms of the International Framework and the current proposals from the CFTC and the Prudential Regulators with respect to minimum initial and variation margin requirements for uncleared swaps and security-based swaps.