Reviewing Article 8’s Revised Collusion Standard; Outside Counsel

Authors

Francis J. Facciolo, St. John's University School of Law

Document Type

Article

Publication Title

New York Law Journal

Publication Date

3-27-2001

Abstract

(Excerpt)

The first published case to deal with the new collusion standard in revised Article 8 has been decided by Judge Bransten in Supreme Court, New York County. As New York City is the center of the securities industry, it is not surprising that the first published case to deal with collusion was decided here. The result reached by Judge Bransten, however, is surprising in the liberality with which collusion was construed.

Comments

Reprinted with permission from the March 27, 2001 edition of the New York Law Journal© 2019 ALM Media Properties, LLC. All rights reserved. Further duplication without permission is prohibited. ALMReprints.com – 877-257-3382 – reprints@alm.com