Firm News | November 1, 2021
Premier boutique law firm Kleinberg Kaplan has been recognized in the 2024 edition of Best Law Firms® for providing outstanding legal counsel in three practice areas: Trusts & Estates, Commercial Litigation, and Tax. Kleinberg Kaplan was named a Tier 1 law firm for Trusts & Estates at both the National and New York City Metropolitan…
Firm News | November 2, 2023 | Estate Planning and Administration | Commercial and Corporate Litigation | High Net Worth Individual Planning | Tax Controversy
Kleinberg Kaplan partner Joshua Bromberg was quoted in Bloomberg Tax article, “Tax Professionals Question Muscle Behind NY Bid to Unmask LLCs.” The article discusses the possible efficacy of a proposed bill to create a state database of beneficial owners of limited liability companies, given the “low penalty structure” and potential workarounds for the LLC owners.…
Firm News | August 16, 2023 | Commercial and Corporate Litigation
A federal appeals court, in U.S. Securities and Exchange Commission v. Christopher Clark, recently reversed a lower court’s decision and remanded the case for a jury trial on civil insider trading claims based on suspicious trading and circumstantial evidence, with no direct proof of wrongdoing by the defendant. With this new ruling, the Securities and…
Client Alerts | March 16, 2023 | Commercial and Corporate Litigation | Regulatory Defense | Risk Management
The U.S. Department of Justice (the “DOJ”) and the U.S. Securities and Exchange Commission (the “SEC”) recently brought criminal charges and civil claims for insider trading against Terren S. Peizer (“Peizer”), the Chief Executive Officer and Chairman of the Board of Directors of Ontrak Inc., a publicly traded healthcare company, despite Peizer’s use of a…
Client Alerts | March 14, 2023 | Commercial and Corporate Litigation | Regulatory Defense | Risk Management
Kleinberg Kaplan litigation partner Marc Rosen and senior counsel Robert Tuchman last week scored a decisive victory for the Republic of Angola in the U.S. Court of Appeals for the Second Circuit, in defense of a $1 billion lawsuit brought by Aenergy, S.A., an Angola-based energy company. As detailed in Bloomberg and Law360, the Second…
Firm News | April 19, 2022 | Commercial and Corporate Litigation
Premier boutique law firm Kleinberg Kaplan has been recognized in U.S. News & World Report’s 2022 edition of “Best Law Firms” for providing outstanding legal counsel in three practice areas: Trusts & Estates, Commercial Litigation, and Tax. Kleinberg Kaplan was named a Tier 1 law firm for Trusts & Estates at both the National and…
Firm News | November 4, 2021 | Estate Planning and Administration | Commercial and Corporate Litigation | High Net Worth Individual Planning | Tax Controversy
The Delaware Supreme Court has held that fraudulent conduct by corporate officers and directors is insurable in Delaware. This consequential decision, RSUI Indemnity Company v. Murdock, 2021 BL 76083 (Del. Mar. 3, 2021), is inconsistent with the public policy of many other states, and likely will have an immediate effect on Delaware-based corporations involved in…
Client Alerts | March 15, 2021 | Commercial and Corporate Litigation | Risk Management
The ICE Benchmark Administration (“IBA”) announced earlier this week that it will consult on its intention to extend publication of the overnight and one-, three-, six-, and 12-month USD LIBOR rates until June 30, 2023. The June 2023 extension, however, applies only to legacy contracts—no new USD LIBOR contracts will be permitted after 2021.1 The…
Client Alerts | December 3, 2020 | Commercial and Corporate Litigation | Derivatives | Hedge Funds | Risk Management
Premier boutique law firm Kleinberg Kaplan has been recognized in U.S. News & World Report’s 2021 edition of “Best Law Firms” for providing outstanding legal counsel in two practice areas: Trusts & Estates and Commercial Litigation. Kleinberg Kaplan was named both a National (Tier 2) and New York City Metropolitan (Tier 1) firm for Trusts…
Firm News | November 5, 2020 | Estate Planning and Administration | Commercial and Corporate Litigation
On July 29, 2020, the Superior Court of California, County of Los Angeles, handed down a decision with potentially great significance to parties to contracts with Delaware forum selection clauses. West v. Access Control Related Enterprises, LLC In 2017, plaintiff William West (“West”) sued his former employer, Access Control Related Enterprises, LLC (“ACRE”) in California,…
Client Alerts | September 3, 2020 | Commercial and Corporate Litigation | Employment Litigation
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