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New York paves the way for LIBOR transition | Hogan Lovells

To embed, copy and paste the code into your website or blog: A newly enacted New York statute will ease the transition from U.S. Dollar LIBOR to the Secured Overnight Financing Rate (SOFR) while reducing the uncertainty and litigation risk posed by agreements that cannot be amended to adequately address the cessation of U.S. Dollar LIBOR. Such “tough legacy” contracts reference U.S. Dollar LIBOR, extend beyond its cessation date and either lack any post-cessation fallback provision or inclu...
New York United States Jerome Powell Janet Yellen Andrew Cuomo Us Congress

Personal Jurisdiction After The Supreme Court's Decision In Ford: What Has Changed? - Litigation, Mediation & Arbitration

SUMMARY On March 25, 2021, the Supreme Court issued its newest ruling on personal jurisdiction, in the consolidated cases of Ford Motor Company v. Montana Eighth Judicial District Court and Ford Motor Company v. Bandemer. The Court held that Ford could be sued in Montana and Minnesota (respectively) after its cars were involved in accidents in those states. The Court rejected Fords argument that personal jurisdiction was lacking because the specific cars in question were neither designed, nor ...
United States North Dakota Justice Kagan Justice Barrett Justice Gorsuch Justice Thomas
Source: mondaq.com

NCLA Asks NJ Appellate Court to Halt Governor's Unlawful Interference with Rental Contracts

NCLA Asks NJ Appellate Court to Halt Governor’s Unlawful Interference with Rental Contracts Chuck Kravitz, et al. v. Philip D. Murphy, et al. Washington, D.C., April 05, 2021 (GLOBE NEWSWIRE) — The New Civil Liberties Alliance, a nonpartisan, nonprofit civil rights group, filed its opening brief today in Kravitz v. Murphy in the Superior Court of New Jersey, Appellate Division. The lawsuit challenges Governor Murphy’s Executive Order No. 128 (EO 128), an unconstitutional mandate that un...
United States New Jersey Harriet Hageman Judy Pino Philipd Murphy Jared Mcclain

Seeger Weiss welcomes seasoned litigator Jacksy Bilsborrow as newest partner

Seeger Weiss welcomes seasoned litigator Jacksy Bilsborrow as newest partner The MDL veteran joins the firm, bolstering its nationally distinguished environmental, consumer class action, and mass tort practices News provided by Share this article Share this article RIDGEFIELD PARK, N.J., April 5, 2021 /PRNewswire/ -- Seeger Weiss LLP is proud to announce that James (Jacksy) Bilsborrow, a nationally respected leader in class action, mass tort, and environmental litigation, has joined the firm a...
New York United States New Jersey Kings County Molly Mcardle Seeger Weiss

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MD Digital Advertising Tax Bill

Wednesday, March 17, 2021 Overriding the governor’s veto of H.B. 732 (2020), the Maryland Senate on February 12, 2021 passed the nation’s first state tax on the digital advertising revenues pulled in by large companies. This development follows attempts by various other states like New York to directly regulate digital advertising and ecommerce services in new ways. We took a look at the Maryland bill to find out what advertisers need to know about its details and potential pi...
New York United States West Virginia Paul Romer Bill Ferguson Blueprint For Maryland Future Fund

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