New York, NY. On August 4, 2015, the United States District Court for the Southern District of New York (Hon. Colleen McMahon, USDJ) granted summary judgment in favor of HDRBB’s client, LHB AG, a European financial institution, which was sued for failure to make payment under an irrevocable letter of credit issued to a New York-based export company, Mago International, LLC . The letter of credit had been issued to guarantee payment on a large maritime shipment of food goods from New York to a company based in Kosovo, which ultimately failed to make payment for the goods. Adopting HDRBB’s arguments on behalf of LHB, Judge McMahon held that LHB had rightfully refused payment under the letter of credit because the beneficiary of the letter of credit (Mago) had failed to submit documentation in compliance with the strict terms of the letter of credit, which required submission of documentation “evidencing shipment of the goods,” as interpreted under the International Chamber of Commerce’s Uniform Customs and Practice for Documentary Credits. Specifically, the Court held that Mago’s repeated submission of photocopies of non-negotiable copies of bills of lading, which did not evidence shipment of the goods, failed to satisfy the strict terms of the letter of credit. The case is captioned Mago International, LLC v. LHB AG et al., 13-civ-3370 (SDNY). Mark A. Berman and Jeremy B. Stein appeared in the case on behalf of the firm and LHB.
On November 18, 2014, Stephanie Lehman will be speaking on the differences between alimony and maintenance in NJ and NY at a program sponsored by Eisner Amper. The presentation with take place live at Eisner Amper’s Metro Park offices and will be video-streamed to Eisner’s NY and PA offices.
Richard M. Rosa, who heads the firm’s Construction Law practice, recently obtained a favorable settlement for a subcontractor defendant in a multi-million dollar construction defect case, involving over 50 construction industry defendants, pending in Hudson County NJ. The case had been litigated for over 5 years.
Allison Busch, a partner in the area of Trusts and Estates and Elder Law, will be speaking on “The Ethical Considerations in Estate Planning” at the National Business Institute’s Tax Planning for Trusts and Estates seminar on Dec. 10 in Princeton. The program is a basic-to-intermediate program geared towards lawyers, accountants, investment advisors, tax planners and paralegals.
Leonard P. Rosa recently resolved a personal injury lawsuit arising from a car accident where the client underwent lumbar disc surgery aggravating a prior injury. The case settled for $150,000.00 shortly before the scheduled trial date.
Jeremy B. Stein has been named as a Partner in HDRB&B’s Litigation Department. Jeremy’s practice focuses on the representation of closely held businesses and their principals in partnership and shareholder disputes, as well as corporate and individual clients in a broad range of complex commercial litigation. Before joining HDRB&B in 2012, Jeremy was a litigation associate for five years in the New York office of Paul, Weiss, Rifkind, Wharton & Garrison LLP. He also clerked for the Honorable Anne E. Thompson, United States District Court for the District of New Jersey. Jeremy received his J.D. from New York University School of Law, an M.S. from Columbia School of Engineering and Applied Sciences, and a B.A., magna cum laude, from Yeshiva University.
New York, NY (Sep 3, 2013): Richard J. Adago has joined HDRB&B as a partner in the New York office’s matrimonial practice group. For over twenty years, Richard has represented high-net worth individuals in contested and uncontested matrimonial actions and child-related matters, including custody, parenting time, relocation and paternity, in the New York courts. Richard also is experienced at negotiating prenuptial, postnuptial, settlement and separation agreements. He advises clients regarding related tax planning, including the valuation of businesses, professional licenses, enhanced earning capacity and celebrity status, and has represented clients in same-sex prenuptial and divorce situations. Prior to joining HDRB&B, Richard was a partner with the Matrimonial and Family Law Practice Group in the New York offices of Blank Rome LLP, one of the largest law firms in the country, with one of the largest family law practices of its kind in the nation. After graduating from Seton Hall Law School, Richard was a prosecutor for more than five years at the Manhattan District Attorney’s Office. He presently serves as an Adjunct Professor at Fordham Law School.
March 2013: Allison Busch is speaking in New York at the Practising Law Institute’s Elder Law Institute on April 17th. Allison’s presentation is titled: “Taxes: What Every Elder Law Attorney Needs to Know for a Consultation.” Allison will also be speaking in New Brunswick on July 31st on Medicaid and Elder Law with Lorman Education Services.
March 2013: Mark Berman will be speaking at the National Business Institute’s continuing legal education seminar entitled “Representing Your Client in Federal Court.” Berman’s presentation is entitled: “Federal Trials: What You Didn’t Learn In Law School.”
March 2013: As announced in the March 2013 “Best of New Jersey” edition of New Jersey Monthly magazine, HDRB&B partners Paul S. Doherty, Richard M. Rosa, Mark A. Berman, and Dennis Calo were named to the list of New Jersey Super Lawyers®, with Berman and Doherty named to the list of “Top 100″ in New Jersey. Trusts & Estates partner Naim D. Bulbulia and litigation associate Robin Fineman are named to Rising Stars. Each year, no more than five percent of the lawyers in the state are selected by the research team at Super Lawyers to receive this honor based upon an extensive peer nomination and polling process and through independent research. The firm’s New Jersey Super Lawyers® profile can be viewed here.*