An equity holder of bankrupt identity verification software maker Jumio Inc. objected to the company's Chapter 11 plan Tuesday, saying releases granted to directors let them off the hook for allegedly driving the firm into insolvency. In its objection, Bloso Investments Ltd. said the global Continue Reading
McCarter & English Names New Managing Partner
Newark-based McCarter & English announced Monday it has named Joseph Boccassini its new managing partner at the firm. Effective Oct. 1, the appointment came after a unanimous vote by the firm’s executive committee. Boccassini replaced Stephen Vajtay, who is stepping down after six years in Continue Reading
Boccassini is New Managing Partner at McCarter & English Following Unanimous Vote
Metropolitan Corporate Counsel reported on Joseph T. Boccassini, being named Firmwide Managing Partner. Boccassini began his legal career as a summer associate at McCarter & English in 1991 and worked his way up to become a partner and later a prominent member of the firm’s management, has Continue Reading
Boccassini is New Firmwide Managing Partner at McCarter & English
Began Guiding Region’s Pre-Eminent Firm October 1; Vajtay Returns to Fulltime Tax Practice After Six Years as MP: ‘The Time Is Right’ Joseph T. Boccassini, who began his legal career as a summer associate at McCarter & English in 1991 and worked his way up to become a partner and later a Continue Reading
Passing the Torch at McCarter & English
The New Jersey Law Journal reported on Joe Boccassini taking on the role of Firmwide Managing Partner. Of the changes McCarter & English has undergone in recent years, one significant one was done rather quietly: Not long ago the firm's first written partnership agreement was executed."McCarter Continue Reading
WorkZone: SEC Prompting Companies to Rethink Severance Agreements
Recent enforcement actions by the U.S. Securities and Exchange Commission are making companies rethink the terms of severance agreements they provide to departing employees. The actions concerned fairly commonplace clauses that prohibit former employees from seeking monetary awards for Continue Reading
PE Fund Closings Slide In Q3 But Look Set To Rebound
There was a significant dip in private equity fund closings in the third quarter as the industry grappled with increased competition, as well as uncertainty related to the global economy and U.S. presidential election, but experts say the numbers will go up as the end of 2016 draws near. In the Continue Reading
5 Key Proposals On ALI’s Insurance Agenda
The American Law Institute on Thursday is set to consider guidelines for liability insurance law, including hotly contested proposals regarding requirements for insurers to pay policyholders' attorneys' fees in coverage disputes and the standard for punitive damages in bad faith cases. The ALI Continue Reading
Lawyers’ Opinions Divided on ‘Feel of the Case’ Repeal by NJ Supreme Court
Two weeks ago, when the New Jersey Supreme Court repealed its five-year-old precedent that said trial judges could use their "feel of the case" to determine whether awards in civil cases could be reduced or increased, there was an almost audible sigh of relief from the plaintiffs bar and a Continue Reading