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The action alleges a scheme by Renren insiders to wrongfully to take the company’s billion-dollar investment portfolio for themselves (In re Renren, Inc. Derivative Litigation, Index Number: 653594/2018, Supreme Court of the State of New York, New York County, Commercial Division). In both trial court and on appeal, Defendants’ motions to ...
An obligation of a partnership incurred while the partnership is a limited liability partnership, whether arising in contract, tort, or otherwise, is solely the obligation of the partnership. A partner is not personally liable, directly or indirectly, by way of contribution or otherwise, for such an obligation solely by reason of being or so ...
In 2015, Cravath, Swaine and Moore was the victim of what the firm described as a "limited breach" of its computer network, which The New York Times connected to a 2016 court case against three Chinese hackers who had made more than $4 million from insider information about merger deals. [45] [46]
Simpson Thacher lawyers have included U.S. Senators, Solicitors General, a Speaker of the House of Representatives, a Secretary of State, a Secretary of the Army, Ambassadors, Judges on U.S. Circuit and District Courts and the New York State Court of Appeals, presidents of the American Bar Association, and presidents of the Association of the Bar of the City of New York.
A partnership is a form of business that has more than one owner. A limited liability partnership (LLP) incorporates some elements of a corporation and some elements of a partnership. An LLP ...
In October 2000, he was assigned to the Nassau County Supreme Court's Commercial Division, [2] a specialized business court, where he served until 2009. In 2009, Governor David A. Paterson appointed Austin to be an Associate Justice in New York's intermediate appellate court, the New York Supreme Court Appellate Division, Second Department. [3]
Palsgraf v. Long Island Railroad Co., 248 N.Y. 339, 162 N.E. 99 (1928), is a leading case in American tort law on the question of liability to an unforeseeable plaintiff.The case was heard by the New York Court of Appeals, the highest state court in New York; its opinion was written by Chief Judge Benjamin Cardozo, a leading figure in the development of American common law and later a United ...
New York City, United States: No. of offices: 23: No. of attorneys: 850: Major practice areas: General practice: Revenue: $1.01 billion (2022) [1] Profit per equity partner: $3 million (2022) [2] Date founded: 1873 (New York City) Founder: John William Sterling Thomas G. Shearman: Company type: Limited liability partnership: Dissolved