(AP) A lawsuit alleges Countrywide Financial Corp. and two of its former executives misled institutional investors who were stuck with huge losses from mortgage-related investments that they say were portrayed as low-risk. The lawsuit was filed Monday...
By William A. Ruskin
In a thoughtful decision handed down in Reeps v. BMW of North America, LLC , 2012 N.Y. Slip Op.33030(u) [ enhanced version available to lexis.com subscribers ], on December 16, 2012 in New York County Supreme Court, the Hon. Louis...
By James C. Moore
In Sclafani v. Brother Jimmy's BBQ, Inc., et al. , the New York Supreme Court addressed two fundamental questions: (i) is Bacardi 151 Rum defectively designed because it is highly flammable and (ii) is the removal of the safety...