SDNY

Bart M. Schwartz Completes 5-year Monitorship Over New York City Public Housing Authority

Retrieved on: 
Wednesday, March 20, 2024
Technology, Consulting, Professional Services, Security, Culture, Government, Agreement, Paint, Public housing, Law enforcement, Ethics, SDNY, Elevator, NYCHA, Housing, HUD, General Motors

Guidepost Solutions , a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced that Bart M. Schwartz , Guidepost Solutions Chairman, released the “ Monitor’s Final Quarterly Report for The New York City Housing Authority ” (NYCHA).

Key Points: 
  • Guidepost Solutions , a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced that Bart M. Schwartz , Guidepost Solutions Chairman, released the “ Monitor’s Final Quarterly Report for The New York City Housing Authority ” (NYCHA).
  • It outlines three areas - governance, ethics with values-based compliance, and accountability - that require improvement and provides recommendations for how that can be done.
  • “NYCHA now has the foundation and the opportunity to become a well-run and respected authority that meets the requirements of the Agreement and better serves the interests of the residents,” said Schwartz.
  • Trash is picked up 6 days a week at all developments and the grounds of most developments are noticeably cleaner.

McDermott Expands Litigation Practice, Eyes White-Collar and Government Investigation Growth Opportunities

Retrieved on: 
Thursday, March 14, 2024
McDermott Will & Emery, Government, Corruption, New York Law Journal, Sagar, Drug Enforcement Administration, Justice minister, Risk, Operation Car Wash, United States Attorney, Ethics, SDNY, History, Artificial intelligence, FCA, AI, Chambers and Partners, Security (finance), Foreign Corrupt Practices Act, DOJ, False Claims Act, Publication, Tourism, Fraud, FCPA, International law, Private investigator

WASHINGTON, March 14, 2024 /PRNewswire/ -- International law firm McDermott Will & Emery continues to add top talent to its Litigation Practice Group, announcing the following new hires who focus on Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA) matters and cybercrime:

Key Points: 
  • "These new hires reflect our commitment to looking around corners and providing new strategies clients can use to get ahead of potential enforcement matters."
  • He has consistently been recognized as a leading FCPA lawyer by publications including Chambers USA, Legal 500 and GIR Just Anti-Corruption.
  • Sagar brings almost a decade of experience as a federal prosecutor to advise companies and individuals facing government investigations and enforcement actions.
  • "We are delighted to welcome these partners to our team, extending our capabilities in FCPA and cyber issues, said Steven Scholes , global head of McDermott's Litigation Practice Group.

Boutique Law Firm Abell Eskew Landau LLP Adds SDNY Prosecutor Jarrod L. Schaeffer as Partner and Prominent Litigator Jeffrey L. Braun as Counsel

Retrieved on: 
Wednesday, January 3, 2024
Growth, Lawyer, AEL, AUSA, Fraud, Schaeffer, SDNY, State, Government, Private investigator

Schaeffer joins AEL as a partner after serving for more than five years as an Assistant U.S. Attorney (AUSA) for the SDNY.

Key Points: 
  • Schaeffer joins AEL as a partner after serving for more than five years as an Assistant U.S. Attorney (AUSA) for the SDNY.
  • Braun, who joins AEL as Counsel, is a highly regarded litigator and counselor with broad experience handling commercial and business disputes.
  • Before joining AEL, Braun spent most of his career as a litigation partner at two national law firms.
  • "Joining a boutique law firm is an exciting change for me, and I'm thrilled to be here," said Braun.

Global Investigations Firm Nardello & Co. Continues Recent Expansion, Adding DEA Agent Joe Thompson in New York

Retrieved on: 
Wednesday, November 1, 2023
Professional Services, Public Policy, Government, Law Enforcement, Emergency Services, Other Professional Services, Legal, Consulting, Homeland Security, Commander, State University of New York at Old Westbury, Taliban, DC, Arrest, Seizure, Management, American studies, Daniele Nardello, DEA, Drug, New Jersey Division of Alcoholic Beverage Control, Hezbollah, Special counsel, Growth, Heroin, Defence Cyber Agency, Cocaine, FSU, Partner, SDNY, CCSF, Tet offensive attack on US Embassy, FBI, Political risk, Thompson, State University of New York at Purchase, MENA, Old Westbury, New York

Global investigations firm Nardello & Co. announced today that former Drug Enforcement Administration Supervisory Special Agent Joseph F. Thompson has joined the firm as a Managing Director in New York.

Key Points: 
  • Global investigations firm Nardello & Co. announced today that former Drug Enforcement Administration Supervisory Special Agent Joseph F. Thompson has joined the firm as a Managing Director in New York.
  • With more than 20 years’ experience as a federal narcotics agent, Thompson has led prominent international investigations involving illicit drug trafficking, money laundering cartels and multi-agency law enforcement operations.
  • He arrives after serving as a DEA Country Attaché at the US Embassy in Nairobi since 2020.
  • He began his career in enforcement as a New York City Police Officer, serving in both Queens and Manhattan Narcotics Divisions.

Grant & Eisenhofer Files Class Action Lawsuit Against Adobe Inc. on Behalf of Institutional Investors

Retrieved on: 
Friday, October 20, 2023
Class Action Lawsuit, Professional Services, Legal, Synovial joint, Person, Shantanu Narayen, Court, Acquisition, Firefighter, SDNY, Adobe Inc., FL, News, City, District court, Grant & Eisenhofer, Grant, Class, Private investigator, Cryptocurrency, Adobe, Figma

The suit, brought in federal court in the United States District Court for the Southern District of New York was filed by leading investor law firm Grant & Eisenhofer.

Key Points: 
  • The suit, brought in federal court in the United States District Court for the Southern District of New York was filed by leading investor law firm Grant & Eisenhofer.
  • The action is brought on behalf of all persons or entities who purchased or acquired Adobe common stock between July 23, 2021 and September 15, 2022, inclusive (the “Class Period”).
  • Specifically, Adobe is a software company that offers tools for sharing documents, editing pictures and designing web pages.
  • If you wish to discuss this action or have any questions concerning this notice or your rights, please contact Caitlin M. Moyna at Grant & Eisenhofer at 646-722-8513, or via email at [email protected] .

Southern District Court of New York Dismisses Securities Suit Against Ebix

Retrieved on: 
Tuesday, July 18, 2023
Hindenburg Research, SDNY, IPO, Anonymous Online Speakers v. United States District Court for the District of Nevada, In re Opinions and Orders of This Court Containing Novel or Significant Interpretations of Law (2016), Weakness, District court, Plaintiff, Ebix

JOHNS CREEK, Ga., July 18, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), today issued an informational release declaring that the United States Southern District Court State of New York (SDNY) yesterday issued a formal ruling in the matter of Ebix, Inc. (“Ebix”) vs. Rahul Saraf (the “Plaintiff”) and dismissed the class action securities suit against Ebix.

Key Points: 
  • JOHNS CREEK, Ga., July 18, 2023 (GLOBE NEWSWIRE) -- Ebix, Inc. (NASDAQ: Ebix), today issued an informational release declaring that the United States Southern District Court State of New York (SDNY) yesterday issued a formal ruling in the matter of Ebix, Inc. (“Ebix”) vs. Rahul Saraf (the “Plaintiff”) and dismissed the class action securities suit against Ebix.
  • The District Court also denied the Plantiff’s request to file new amended claims, after reviewing the previous three complaints, and ordered the dismissal of the third amended complaint.
  • Ebix requested SDNY court for dismissal, arguing that, even with the new allegations, Plaintiff did not establish scienter (the validity of the allegations).
  • Earlier in this putative class action, the Plantiff had brought securities fraud claims against Ebix and two Ebix executives, Robin Raina and Steven Hamil (the “Individual Defendants”).

SDNY General Crimes Unit Co-Chief Jordan Estes Joins Kramer Levin’s White Collar and Government Investigations Practice as Partner

Retrieved on: 
Tuesday, May 2, 2023
Legal, Professional Services, SDNY, Bankruptcy, Private equity, University, Justice, Lawsuit, Offense, United States Department of Justice Tax Division, Lead, Kramer, Multimedia, Private practice, Lawyer, Harvard Law School, Kramer Levin Naftalis & Frankel, Special, Corporation, Investment management, Securitization, Growth, Security (finance), Private investigator, Pharmaceutical industry

Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.

Key Points: 
  • Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.
  • View the full release here: https://www.businesswire.com/news/home/20230502005819/en/
    Jordan Estes has joined Kramer Levin’s New York office as a partner in the firm’s White Collar Defense and Government Investigations practice.
  • The expanded investigations team is already securing numerous representations, particularly in connection with Securities and Exchange Commission investigations into the banking crisis.
  • “I chose Kramer Levin in large part because of the firm’s extensive work on major trials and investigations,” Ms. Estes said.

Letter of Credit Law Summit 2022: S&P Global's NY Office, New York, United States - October 19th, 2022 - ResearchAndMarkets.com

Retrieved on: 
Friday, October 7, 2022
Fintech, Professional Services, Finance, Well, Indian Overseas Bank, Originality, Strike, Syndication, Appellate court, Natixis, Republic, LLC, Contract, Madison, Program, United States Court of Appeals for the Fifth Circuit, Real, Bombardier Inc., SA, Failure, Lawyer, LSTA, Quebec Court of Appeal, Civil wrong, SDNY, Mashreq (bank), USDA, LC, Atmosphere, PSC, Criminal law, Credit, Issuer, USD, Online gambling, Bank, Practice of law, Electronics

9:10-9:15 LC Lawyer of the Year: Michael Avidon, Moses & Singer

Key Points: 
  • 9:10-9:15 LC Lawyer of the Year: Michael Avidon, Moses & Singer
    LSTA's Syndicated Revolving Credit Agreement: How is it Being Used?
  • Kuliarchar Sea Foods (Cox's Bazar) Ltd. v. Soleil Chartered Bank, 2022 NY Slip Op 50691(Alleged wrongful dishonor of LC demand; opinion deals with discovery disputes, i.e.
  • What's gotten better, what's still unworkable, and what options may be available to cope with mandated forms?
  • This panel will attempt to address and educate on troubling wording in LC forms.

BG Creates Law That NDA Obligations Are Not Discharged In Bankruptcy

Retrieved on: 
Thursday, August 11, 2022
Bankruptcy, Bankruptcy Code, Disclosure, DOC, BG, NDA, United States bankruptcy court, Prevalence, Company, Court, SDNY, JLG, Insolvency and Bankruptcy Code, 2016, NDAS, Practice of law, Credit, Health insurance

Despite the prevalence of NDAs in a wide range of business and personal transactions, and recent high profile disputes involving their enforcement, before now there was no bankruptcy court decision squarely addressing the question of whether NDA obligations survive bankruptcy.

Key Points: 
  • Despite the prevalence of NDAs in a wide range of business and personal transactions, and recent high profile disputes involving their enforcement, before now there was no bankruptcy court decision squarely addressing the question of whether NDA obligations survive bankruptcy.
  • In this case, the Firm's client entered into an NDA with the Debtor before bankruptcy.
  • The Debtor contended the NDA could be ignored, and the Debtor could even publish facts and circumstances the disclosure of which was prohibited by the NDA, because, the Debtor argued, the "fresh start" of bankruptcy rendered the NDA obligations unenforceable.
  • The Court thus agreed the NDA obligations were not "claims," and because only "claims" are subject to being discharged in bankruptcy, the NDA obligations are not discharged in bankruptcy.

Preet Bharara, Former SDNY US Attorney, Joins WilmerHale

Retrieved on: 
Monday, June 13, 2022
Legal, Professional Services, Harvard College, Creative, Wilmer Cutler Pickering Hale and Dorr, Human, Lawyer, Narcotic, Ethics, Violent crime, News, Security (finance), Policy, IETF Administrative Oversight Committee, Columbia Law Review, University School, Multimedia, Intellectual property, Vox Media, Senate, Terrorism, Compliance, Culture, JD, History, Novick, Columbia Law School, Transaction, Preet Bharara, New York University School of Law, Private investigator, Online gambling, Public relations, Property management, The New York Times, SDNY

WilmerHale is pleased to announce that Preet Bharara, the former United States Attorney for the Southern District of New York, is joining the firm as a partner.

Key Points: 
  • WilmerHale is pleased to announce that Preet Bharara, the former United States Attorney for the Southern District of New York, is joining the firm as a partner.
  • I look forward to collaborating with my new WilmerHale colleagues, among the best in our profession, including some I know well from our days together at the SDNY.
  • WilmerHale provides legal representation across a comprehensive range of practice areas that are critical to the success of its clients.
  • WilmerHale is 1,000 lawyers strong with 13 offices in the United States, Europe and Asia.