Law360 (April 14, 2021, 9:05 PM EDT) — Ponzi king Bernie Madoff’s jailhouse death was all but guaranteed the moment he was sentenced. Before a packed federal courtroom in Manhattan – after the lawyers, victims and Madoff himself had spoken – Judge Denny Chin decided what punishment fit the financial […]
LIBOR TRANSITION–PHASE-OUT EFFECTIVE JANUARY 1, 2022 The use of LIBOR as an interest rate reference will be phased out at the end of 2021. Except for existing “legacy” loans that bear interest based on 1, 3 or 6-month LIBOR, which may continue until June 30, 2023, an alternative interest reference […]
Partner Nelson E. Canter, who heads the firm’s national Insurance Subrogation Practice Group, recently secured a notable victory with co-counsel John Donovan III of Sloane and Walsh in Boston, Massachusetts. On September 28, 2021, an eight-member jury returned a unanimous verdict in favor of Amica Mutual Insurance Company (“Amica”) in […]
McLaughlin & Stern Partner Nelson E. Canter, Esq., has been retained to protect the subrogation interests of the property insurer for the Champlain Condominium Homeowner’s Association in connection with the catastrophic collapse of the Champlain Towers South condominium building in Surfside, FL on June 24, 2021. The collapse tragically resulted […]
The firm recently filed a lawsuit on behalf of a New York homeowner alleging that the Architectural Review Board of the Village of Scarsdale improperly denied his request for architectural approval on subjective grounds. In addition to challenging the denial itself, the firm is also challenging the subjective nature of the review board’s approval process, and our lawyers are seeking relief for the client on various constitutional grounds as well.