In the face of turmoil and uncertainty, the world's major financial institutions continue to choose our team to help them manage their business, litigation and reputational risks and thrive in the new economic and regulatory climate. To our clients we are much more than litigators - we are business partners who have a stake in their success.

The New York Court of Appeals Rules That Martin Act Claims Are Subject to a Three-Year Statute of Limitations

On June 12, 2018, in People v. Credit Suisse Securities (USA) LLC, et al., the New York Court of Appeals held that claims brought under the Martin Act—New York’s uniquely broad Blue Sky Law, a powerful tool that permits the Attorney General to bring claims concerning the purchase or sale of securities that do not require proof of scienter or reliance—are subject to a three-year statute of limitations.

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Economic Sanctions and Anti-Money Laundering Developments: 2017 Year in Review

In this video, litigation partners Mike Gertzman, Jessica Carey and Roberto Gonzalez and counsel Rachel Fiorill offer guidance for bolstering compliance as they discuss recent developments in sanctions and AML policy and enforcement.

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SAC Capital Secures Final Approval for Settlement of Class Action

After more than four years of litigation, U.S. District Judge John G. Koeltl entered final judgment approving the settlement of the last private civil class action alleging that Paul, Weiss clients Steven A. Cohen, SAC Capital Advisors and affiliated entities engaged in insider trading. 

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Deutsche Investment Management Americas Obtains Appellate Dismissal of CDO-Related Lawsuit

In a victory for Paul, Weiss client Deutsche Investment Management Americas Inc. (DIMA) on November 3, the New York Supreme Court, Appellate Division, First Department dismissed fraud claims brought by Aozora, a Japanese bank, against it and UBS related to Aozora's $31 million investment in a CDO in 2006 and 2007.

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New York Court Affirms Dismissal of Madoff Investors’ Claims Against Citco

New York's Appellate Division affirmed the dismissal of all claims brought by a litigation trustee on behalf of two investment funds against Citco Fund Services (Europe) B.V. and Citco (Canada) Inc., which were the administrators of those funds.

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Citigroup Wins Dismissal of Auction Rate Securities Suit

Justice Jeffrey K. Oing of the New York Supreme Court issued an order dismissing on statute of limitations grounds claims brought by All Children's Hospital (ACH) against Paul, Weiss client Citigroup Global Markets Inc. (CGMI).

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