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Features

Lateral Market for Bankruptcy Lawyers Not Stifled By Chapter 11 Slowdown Image

Lateral Market for Bankruptcy Lawyers Not Stifled By Chapter 11 Slowdown

Dan Roe

After a year filled with filings, commercial Chapter 11 bankruptcies fell off a cliff in 2021, causing bankruptcy lawyers to work on out-of-court restructurings or pivot to practices with overlapping skills such as real estate and commercial litigation.

Features

The Pandemic Job Market, Part 2: From Pandemonium to Institutional Recalibration Image

The Pandemic Job Market, Part 2: From Pandemonium to Institutional Recalibration

Jared Coseglia

The second part of our analysis of complexities of staffing in a post-pandemic job market in the data privacy, cybersecurity, and e-discovery/legal technology verticals covers all the hiring trends in Q3 2021 as well as what is coming in Q4 and beyond.

Features

The Anatomy of a Cyberattack: Step-by-Step Image

The Anatomy of a Cyberattack: Step-by-Step

Mike Paul

This article looks at each stage of a cyberattack, by way of a fictitious attack that took over a real estate agent's email account.

Features

Cybersecurity Awareness Must Extend Beyond the 'Month' Image

Cybersecurity Awareness Must Extend Beyond the 'Month'

Emil Sayegh

For all of that is created and consumed during October's Cybersecurity Month, it is disappointing to see how each year after all the thoughts have been shared, major security incidents continue to emerge. We need to begin to take stock of all the advice given during this month and put it to immediate practice.

Features

Right of Publicity Case Roundup Image

Right of Publicity Case Roundup

Stan Soocher

Several recent court rulings aptly demonstrate how the right of publicity continues to be a vital cutting-edge area of celebrity law.

Features

HSTPA Survives Federal Constitutional Attack Image

HSTPA Survives Federal Constitutional Attack

Stewart E. Sterk

The Housing Stability and Tenant Protection Act (HSTPA) has generated considerable litigation by landlords in both state and federal court. In Building and Realty Institute of Westchester and Putnam Counties, Inc. v. State of New York, the United States District Court for the Southern District of New York dismissed takings, substantive due process, and contracts clause challenges to the statute.

Features

The Roadmap of Litigation Analytics Image

The Roadmap of Litigation Analytics

Gloria Huang

Litigation analytics can be considered a roadmap of sorts — an important guide to ensure the legal professional arrives at the correct litigation strategy or business plan. However, like roadmaps, litigation analytics will only be useful if it's based on data that is complete and accurate.

Features

Legal Issues In Reopening Broadway Image

Legal Issues In Reopening Broadway

Mathew Windman

With the reopening of Broadway now in full swing, this is an ideal opportunity to address new legal developments.

Columns & Departments

Eminent Domain Law Image

Eminent Domain Law

NYRE Staff

State May Recover Part of Advance Payment from Condemnee

Features

New State Statutes and Federal Guidelines Create Basket Weave of Cybersecurity Compliance Image

New State Statutes and Federal Guidelines Create Basket Weave of Cybersecurity Compliance

Kenya Parrish-Dixon

The U.S. doesn't have a federal cybersecurity law, but that doesn't mean there is no cybersecurity industry standard. There are regulations, case law, guidelines and state laws that, when combined, create an industry standard applicable to almost all business sectors.

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    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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    At the Oscars in March, Best Actress winner Frances McDormand made “inclusion rider” go viral. But Kalpana Kotagal, a partner at Cohen Milstein Sellers &amp; Toll had already worked for months to write the language for such provisions. Kotagal was developing legal language for contract provisions that Hollywood's elite could use to require studios and other partners to employ diverse workers on set.
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