Commercial Litigation | Wasser Russ

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Wasser & Russ Successfully Defends A Licensed Check Cashing Establishment!

In late 2015, unidentified scam artists, using a “winning lottery ticket” scheme, convinced an elderly woman to have a $90,000 check issued to her from her bank account. The scam…

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A New Federal Law Protects Trade Secrets

The Defend Trade Secrets Act of 2016 (the “Act”) was signed into law on May 11, 2016.  The Act amends the federal criminal code to create a private civil cause…

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Some Perspective on Arbitration (Let’s Get Ready to Rumble)

It has become somewhat fashionable to badmouth arbitration.  The New York Times recently published a series of articles criticizing arbitration and focusing on some of the problems and abuses that have…

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MEDIATION 101

Mediation Defined  Mediation is a conflict resolution process.  Black’s Law Dictionary defines mediation as: “Private, informal dispute resolution process in which a neutral third person, the mediator, helps disputing parties…

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In New York Entities Must Lawyer-Up In Court

“Discourage litigation. Persuade your neighbors to compromise whenever you can. Point out to them how the nominal winner is often a real loser—in fees, expenses, and waste of time. As…

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Trade Secrets Demystified (Secrecy is Key)

  For over 125 years, Coke’s secret recipe has remained one of the most heavily guarded trade secrets in the world.  Coke’s secret recipe, according to the company’s own publicity…

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Enforcement of Choice-of-Law Provisions

A “choice-of-law” provision in a contract allows parties to select which particular jurisdictions’ laws will be used and applied to interpret and enforce the contract.  Parties should be careful to…

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PREPARING TO LITIGATE? DO NOT DELETE!

Under New York law, once a party reasonably anticipates litigation, it must suspend its routine document retention/destruction policy and put in place a “litigation hold” to ensure the preservation of…

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Yellowstone Injunctions at a Glance

  What can a commercial tenant do when they receive a default or termination notice from their landlord that they believe is improper or unwarranted?  The answer:  do not pass…

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SILENCE IS GOLDEN, BUT IN TEXAS IT’S RECOVERABLE!

KEEP THIS UNDER YOUR STETSONS, BOYS. In April 2007, Dallas philanthropist, Marguerite Hoffman, sold an untitled red Rothko for $19mm to L&M Arts, a gallery.   For fear of embarrassment…

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