ECJ

Ervin Cohen & Jessup prevails at appeal in bitter brotherly billboards battle

Retrieved on: 
Friday, February 2, 2024
Sunset Boulevard, ECJ, Superior court, Bankruptcy, Lawyer, District court, Sale, LLP

BEVERLY HILLS, Calif., Feb. 2, 2024 /PRNewswire/ -- A 2nd District Court of Appeals panel sided with attorneys at Ervin Cohen & Jessup LLP, reversing a controversial sale of hundreds of billboard assets of the prominent Regency Outdoor Advertising firm valued at a minimum of $222 million, and likely much more, in a decision Friday that could have ripple effects for the industry. The assets at issue include several billboards across the Southland, including West Hollywood's Sunset Boulevard.

Key Points: 
  • The assets at issue include several billboards across the Southland, including West Hollywood's Sunset Boulevard.
  • Regency is co-owned by Drake and Brian Kennedy, wealthy brothers entangled in a long-running personal dispute.
  • Instead, the Kennedy brothers orchestrated a receivership sale in secret, to be conducted by the receiver, but that would deny Seyde his cut.
  • ECJ attorneys urged the lower court that this was an illegal receivership sale, but the court declined to revisit the transaction.

Ervin Cohen & Jessup Promotes Kenneth Hsu to Partner

Retrieved on: 
Thursday, February 1, 2024
Partnership, Bankruptcy, ECJ, Los, Intellectual property

View original content:https://www.prnewswire.com/news-releases/ervin-cohen--jessup-promotes-ke...

Key Points: 
  • LOS ANGELES, Feb. 1, 2024 /PRNewswire/ -- Ervin Cohen & Jessup LLP (ECJ) announced today the promotion of Kenneth Hsu to Partner.
  • "We are delighted to welcome an exceptional litigator—Kenny—to the partnership," said Barry J. MacNaughton , ECJ's co-managing partner.
  • "His experience strengthens our Litigation team, and his elevation exemplifies our firm's ongoing commitment to advancing professionals within."
  • Kenneth Hsu, who joined the firm in 2019, focuses his practice on complex business and corporate litigation in federal and state courts.

Ervin Cohen & Jessup Welcomes New Partners Christopher Heck and Eric Levinrad to Its Litigation and Alternative Dispute Resolution Practice

Retrieved on: 
Wednesday, January 31, 2024
ECJ, Family, Intellectual property, Bankruptcy, Record, Heck, Trust, Federal court, Insurance, LLP, Court, Judgement

As a result, he has also been named a Super Lawyer in the category of civil litigation for the last five consecutive years.

Key Points: 
  • As a result, he has also been named a Super Lawyer in the category of civil litigation for the last five consecutive years.
  • Mr. Levinrad has extensive experience successfully handling high-stakes litigation involving real property disputes, trade secret misappropriation claims and contract disputes, through trial and appeal.
  • Mr. Levinrad also has expertise in the area of trademark litigation, both in Federal Court and at the Trademark Trial and Appeal Board.
  • Messrs. Heck and Levinrad join ECJ in the wake of a significant trial victory in the Los Angeles Superior Court.

Isabel Schnabel: Q&A on X

Retrieved on: 
Friday, January 19, 2024
Bitcoin, Fiat, CBDC, Research, Silver, Dazu Rock Carvings, Frankfurt, Risk, Reproduction, Growth, Privacy, Employment, Policy, Champions League, Central bank, Calibration, Leadership, Safety, Communication, Prevalence, European Parliament, NCB, TPI, European, Element, Q&A, Gold, Climate change, Board of directors, Review, NOT, Euro, Speech, Eurosystem, European Central Bank, EZ, BLS, Bilanz, HICP, BVB, ECJ, Time, ECB, Unemployment, Cryptocurrency

Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.

Key Points: 
  • Bank market power, both in the loan and deposit market, has important implications for credit provision and for financial stability.
  • This article discusses these issues through the lens of a simple theoretical framework.

Commerzbank with strong first half of the year – net profit increased by almost 50% to €1.1 billion

Retrieved on: 
Friday, August 4, 2023
NPE, German Finance Agency, European Central Bank, Air Commerz, Private, TLA, RWA, Common equity, European Court of Justice, Commerzbank, MBank, Central bank, Semiconductor Manufacturing International Corporation, Share repurchase, European Court, Risk, ECB, AT1, ECJ, PSBC, Growth, Bank, MDA, Rote, Cryptocurrency, Renewable energy, Real estate, Video game

Revenues increased by 8.7% to €2.629 billion in the second quarter (Q2 2022: €2.420 billion) despite the additional burdens from the Swiss franc mortgages at the Polish subsidiary mBank.

Key Points: 
  • Revenues increased by 8.7% to €2.629 billion in the second quarter (Q2 2022: €2.420 billion) despite the additional burdens from the Swiss franc mortgages at the Polish subsidiary mBank.
  • Operating expenses increased to €1.481 billion (Q2 2022: €1.423 billion) as a result of earlier increases of accruals for variable compensation and general salary increases.
  • Thanks to the positive stock market performance, the securities volume increased to €208 billion (Q1 2023: €202 billion).
  • Deposit volumes remained stable at €96 billion (Q1 2023: €95 billion), with increased interest rates gradually being passed on.

EQS-News: Commerzbank with strong first half of the year – net profit increased by almost 50% to €1.1 billion

Retrieved on: 
Friday, August 4, 2023
NPE, German Finance Agency, European Central Bank, Air Commerz, Private, TLA, RWA, Common equity, European Court of Justice, Commerzbank, MBank, Central bank, Semiconductor Manufacturing International Corporation, Share repurchase, European Court, Risk, ECB, AT1, ECJ, PSBC, Growth, Bank, MDA, Rote, Cryptocurrency, Renewable energy, Real estate, Video game

Revenues increased by 8.7% to €2.629 billion in the second quarter (Q2 2022: €2.420 billion) despite the additional burdens from the Swiss franc mortgages at the Polish subsidiary mBank.

Key Points: 
  • Revenues increased by 8.7% to €2.629 billion in the second quarter (Q2 2022: €2.420 billion) despite the additional burdens from the Swiss franc mortgages at the Polish subsidiary mBank.
  • Operating expenses increased to €1.481 billion (Q2 2022: €1.423 billion) as a result of earlier increases of accruals for variable compensation and general salary increases.
  • Thanks to the positive stock market performance, the securities volume increased to €208 billion (Q1 2023: €202 billion).
  • Deposit volumes remained stable at €96 billion (Q1 2023: €95 billion), with increased interest rates gradually being passed on.

TWO ERVIN COHEN & JESSUP ATTORNEYS NAMED AMONG THE NEXT GENERATION OF LEGAL LEADERS IN AMERICA

Retrieved on: 
Wednesday, July 12, 2023
Real, LLP, Bankruptcy, Creditor, Chapter Seven, Health, Trustee, Fourth Estate (Department of Defense), Partner, California Civil Rights Department, ECJ, Next Generation, California Health and Safety Code, Management, Property management

This seminal guide honors the burgeoning legal talent infusing traditional and innovative practices with fresh energy and forward-thinking perspectives.

Key Points: 
  • This seminal guide honors the burgeoning legal talent infusing traditional and innovative practices with fresh energy and forward-thinking perspectives.
  • "This is our inaugural guide dedicated to those who will define the future of the legal profession,: states the publisher.
  • Co-Managing Partner Randall Leff said, "Sonia and Julie display a genuine passion for the law and unwavering dedication to the firm's clients.
  • Their inclusion in this guide is a testament to the bright future that awaits them in the field of law."

EQS-News: Commerzbank continues to aim for a significantly higher net profit in 2023 despite additional burdens in Poland

Retrieved on: 
Friday, June 23, 2023
ECJ, PLN, European Court, European Court of Justice, MBank, Commerzbank, Bank

Overall, the provision for legal risks arising from mBank’s Swiss franc loans now amounts to a total of PLN 7.517 billion (around €1.7 billion).

Key Points: 
  • Overall, the provision for legal risks arising from mBank’s Swiss franc loans now amounts to a total of PLN 7.517 billion (around €1.7 billion).
  • The additional provisions in Poland will have a corresponding negative impact on Commerzbank’s operating result in the second quarter of the current year.
  • Despite this burden, Commerzbank still aims for a net result in 2023 well above that of 2022.
  • In addition, a legal solution to the foreign currency issue in Poland would be desirable.”

Additional provisions for CHF loan portfolio at mBank of €342m – Commerzbank still aiming for a net profit in 2023 well above that of 2022

Retrieved on: 
Friday, June 23, 2023
Justice, Risk management, Commerzbank, MBank, PLN, ECJ, CHF, Security (finance), Q2

€342 million) for its CHF loan portfolio in Q2.

Key Points: 
  • €342 million) for its CHF loan portfolio in Q2.
  • Commerzbank’s second quarter operating result will be burdened by a corresponding amount which will be booked as negative revenues in “Other net income”.
  • Despite this burden, Commerzbank still aims for a net result in 2023 well above that of 2022.
  • Commerzbank has no obligation to update or release any revisions to the forward-looking statements contained in this release to reflect events or circumstances after the date of this release.

Commerzbank continues to aim for a significantly higher net profit in 2023 despite additional burdens in Poland

Retrieved on: 
Friday, June 23, 2023
ECJ, PLN, European Court, European Court of Justice, MBank, Commerzbank, Bank

Overall, the provision for legal risks arising from mBank’s Swiss franc loans now amounts to a total of PLN 7.517 billion (around €1.7 billion).

Key Points: 
  • Overall, the provision for legal risks arising from mBank’s Swiss franc loans now amounts to a total of PLN 7.517 billion (around €1.7 billion).
  • The additional provisions in Poland will have a corresponding negative impact on Commerzbank’s operating result in the second quarter of the current year.
  • Despite this burden, Commerzbank still aims for a net result in 2023 well above that of 2022.
  • In addition, a legal solution to the foreign currency issue in Poland would be desirable.”