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878 results found for "creditors rights"
- Court Finds Oral Waiver Of Arbitration Clause Is Enforceable
If a party ignores the arbitration provision, and runs to court, does that party waive its right to arbitration The Court found that Primer waived the right to arbitrate “by choosing to litigate the dispute in” court and the Defendants “waived the right” to arbitrate “by participating in the instant litigation.” Thus by “choos to take the course of litigation,” the parties had “waived the right to submit the question However, like any contract, the parties to an arbitration agreement can modify, waive or abandon the right
- First Department Upholds GBL § 349(h) Claim, Finding the Elements Properly Alleged and Not Duplicative of a Contract Claim
In 1980, the Legislature amended the statute to add Section 349(h), which provides a private right action Hobish alleges a sufficiently direct injury resulting from the purported deceptive practices in that her right
- Failure To Plead Demand Futility Warrants Dismissal Of Derivative Complaint
The pertinent inquiry is whether the thrust of the plaintiff’s action is to vindicate his personal rights The Court noted that while Personal Touch did “not have any right to recover for damage to Glaubach’s Glaubach was not a party to a commercial contract with PwC that he was seeking to enforce in his own right board’s failure to act is “possibly the most difficult theory in corporation law upon which a plaintiff might
- When the Pleading Makes It Difficult to Determine the Causes of Action Being Pled
The pertinent inquiry is whether the thrust of the plaintiff’s action is to vindicate his personal rights
- Failure to Plead Demand Futility Results in Dismissal of a Shareholder Derivative Action Against the Officers and Directors of GE
often brought by shareholders of a corporation (or limited liability company) to vindicate the entity’s rights Although shareholders are given the right to bring such lawsuits, they are not, however, favored because
- Court Holds Liquidated Damages Clause to be an Unenforceable Penalty
Sonies indicated that Indy was willing to pay Perseus for the work it performed up to that date, and for eight remitted invoices to Indy, which Indy did not pay; therefore, Indy’s action deprived Perseus of the right
- Enforcement News: SEC Brings Emergency Action Against Alleged Perpetrators of an Affinity Fraud and a Ponzi Scheme
Because of the tight-knit structure of the group, it can be difficult for regulators or law enforcement
- Hussian V. U.S. Bank National Association A Concise Primer On Federal Court Jurisdiction For Non-Lawyers
Hussian urged that 42 U.S.C. 1983, a civil rights statute, provided the requisite “federal question” person acting under the color of state law and the conduct complained of must have deprived a person of rights
- Promise to Provide Products Not Required Under Contract Defeats Claim of Duplication
Further, explained the Court, “in light of Tecchia’s deposition testimony, in which she stated that defendant
- The Doctrine Of “Corporation By Estoppel” Is Alive And Well In New York
For example, “a nonexistent entity cannot acquire rights or assume liabilities, a corporation which has
- Primer: Whistleblower Protection Act
employment because of” whistleblowing activity ( e.g. , exercising any appeal, complaint, or grievance right is an “arbitrary or capricious exercise of power by a federal official or employee” that harms the rights Individual Right of Action In an IRA appeal, the employee is subject to a personnel action and claims Section 101(b) of the WPEA expands the IRA right to include most 2302(b)(9) reprisal claims, including appeal; retaliation for assisting an individual in the exercise of an appeal, complaint or grievance right
- Out-of-pocket Fraud Damages: Proof Required to Determine the Value of Restricted Securities
rule are intended to compensate plaintiffs for what they lost because of the fraud, not for what they might
