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New York Law Journal: Featured Columnists October 8, 2008

By David Badertscher, PLL

<font size="1"> <p><font size="2">If you are already an online subscriber to the New York Law Journal you should be able to click on any of the links provided below, sign in, and access the full text of articles listed.</font></p> <p><a href="http://www.nylj.com" target="_blank"><font size="2">http://www.nylj.com</font></a><font size="2"> </font></p> <p><font size="2">Subscription required for online access unless otherwise noted:</font></p> <p><a href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRTYQSVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVD" target="_blank"><font size="2"><font color="red">Free With Registration:</font> Corporate and Securities Litigation</font></a><br/><font size="2">Wednesday, October 8, 2008<br/>By Sarah S. Gold and Richard L. Spinogatti<br/><br/>"Sarah S. Gold, a partner at Proskauer Rose, and Richard L. Spinogatti, a senior counsel at the firm, write that in SEC actions, the line between primary and secondary violations of 10(b) and Rule 10b-5(b) seems to have been drawn with disappearing ink. While it may not matter whether liability arises as a result of primary or secondary conduct in SEC cases (as the remedies are the same), the cases raise questions as to whether the standards used are the same and whether too permissive a primary liability standard in SEC cases could impact private actions, even after <em>Stoneridge</em>." </font></p> <p><a href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRTYQSVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVSR" target="_blank"><font size="2">Wills, Estates and Surrogate's Practice</font></a><br/><font size="2">Wednesday, October 8, 2008<br/>By Peter C. Valente and Herbert Bockstein<br/><br/>"Peter C. Valente and Herbert Bockstein, members of Blank Rome, write that while a life estate is a seemingly simple method of distributing real property, careful drafting is needed to ensure that a life estate, and not a tenancy in common or a mere use and occupancy, is devised, and to avoid ambiguities, such as whether the life tenant may sell the property and whether the life estate will qualify for the marital deduction."</font></p> <p><font size="2">OUTSIDE COUNSEL:</font></p> <p><font size="2"> <a href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRTYQSVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVSA" target="_blank">'Follow the Fortunes' and Allocation</a><br/>Wednesday, October 8, 2008<br/>By Stuart Cotton<br/><br/>" Stuart Cotton, a partner at Mound Cotton Wollan & Greengrass, writes that it was not very long ago that the law in the First and Second Circuits was clear on the effect of a 'follow the fortunes' provision on a cedent's allocation of a settlement: absent a showing of bad faith, the reinsurer would be unable to avoid its cedent's allocation. It now appears that, at least in New York, whether "follow the fortunes" will tend to trump reinsurers' objections to cedents' allocation decisions is an open issue." </font></p> <p><font size="2">REAL ESTATE TRENDS:</font></p> <p><a href="http://alm.rsys1.net/servlet/cc6?HtuYQSRRTYQSVKIHKLjlkxJhmjlkQklHlLQgPQmkVaVTT" target="_blank"><font size="2">Obligation Contested</font></a><br/><font size="2">Wednesday, October 8, 2008<br/>By Marvin N. Bagwell<br/><br/>"<img src="http://www.law.com/images/75_pics/bagwell_marvin1.jpg" align="right"/> Marvin N. Bagwell, president and CEO of Bagwell & Associates Title Agency, writes: Normally, events that occur in Chicago do not garner much attention here in New York City. These, however, are not normal times, and all eyes are focused on Ticor Title's decision not to defend one of its insureds, Countrywide, in a residential foreclosure action now before the Cook County courts. Ticor is a long way from prevailing, but you have to admit: they may be pushing it, but they do have an envelope."</font></p></font>

Full post as published by New York Supreme Court Criminal Term Library on October 08, 2008 (boomark / email).