January 25, 2021

Panel reinstates NY claims alleging Cayman Islands’ breach

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By Ben Bedell, From New York Law Journal A minority shareholder’s $40 million fiduciary breach claims against the directors of a Cayman Islands company were revived Thursday by a Manhattan appeals court, which held that he should be allowed to replead the claims under New York law. A three-judge majority of the Appellate Division, First […]

Panel allows AG’s Trump ‘University’ Suit to go forward

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By Ben Bedell, From New York Law Journal New York Attorney General Eric Schneiderman may proceed with fraud claims against Donald Trump related to “Trump University,” an appellate court has ruled. The Appellate Division, First Department, in affirming a lower court’s refusal to dismiss the government’s claims, ruled that the applicable statute of limitations for certain […]

Adult businesses prevail in protracted zoning litigation [US]

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By Andrew Keshner, From New York Law Journal Zoning amendments that were meant to toughen and clarify rules on adult establishments in New York City were found to be unconstitutional Tuesday by a divided Manhattan appeals court. In the long-running litigation on regulations for businesses devoting a certain amount of floor space or stock to […]