By Attorney Popular Publications

MSF in the News

When Governor Chris Christie signed the New Jersey Trade Secrets Act into law last month, New Jersey became the 46th state to afford statutory protection to trade secrets, thereby providing trade secret owners in New Jersey with an important new tool to protect their rights.

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Attorneys Mentioned: Jeffrey Schreiber, Jeffrey Weingart

Citigroup sued for fraud over $1 billion of CDOs
Thomson Reuters, January 24, 2012

Citigroup Inc was sued for fraud by Loreley Financing over nearly $1 billion worth of collateralized debt obligations purchased in 2006 and 2007.

Citigroup is accused of defrauding Loreley into purchasing "fraudulent investments that are now worthless," Loreley said in a complaint filed Tuesday in New York State Supreme Court in Manhattan.

Citi used the CDOs to offload the risks of toxic mortgage-backed securities on its books and to help preferred clients "short" the housing market, the lawsuit claims.

...For Loreley: Marc Kasowitz and Sheron Korpus of Kasowitz, Benson, Torres & Friedman, James Ringer of Meister Seelig & Fein and Stephen Plotnick of Carter Ledyard & Milburn.

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Attorneys Mentioned: James M. Ringer

New York, NY – January 10, 2012 -- Meister Seelig & Fein LLP today announced that Bob Goldberg has joined the firm to head its Taxation and Employee Benefits Group.

Bob Goldberg, formerly counsel to Farrell Fritz, P.C., joins Meister Seelig as a partner in the firm's Corporate Group. He has experience in a broad variety of federal and local tax matters, and has particular experience in federal income tax issues related to partnerships, limited liability companies, real estate, transactional tax planning and tax-exempt organizations. Mr. Goldberg further specializes in employee benefits and executive compensation and represents clients on a range of compensation and benefits matters, including executive compensation, the compensation and benefits aspects of merger and acquisition transactions, employment and separation agreements, retirement plan terminations, the Employee Retirement Income Security Act's (ERISA) fiduciary duty and prohibited transaction rules, and benefit plan controversies.

"We are excited to have Bob Goldberg join the firm in order to better serve our clients in the areas of taxation and employee benefits," said Mark Seelig, the firm's managing partner. "Our clients at all levels need tax-related advice, and Bob's experience and expertise cuts across each of the firm's practice areas. He will be an asset to the firm, as well as to our clients."

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Attorneys Mentioned: Bob G. Goldberg, Mark J. Seelig

Friedman-Roth Realty Services LLC has completed the $15.784 million, off-market sale of a 65 Bank St. The Greenwich Village apartment building, is located between West 4th St. and Bleecker St. The 50-ft. wide, six-story, walk-up building features 35 residential units and a commercial office space and contains 25,614 s/f....

The purchaser was represented by Matthew Kasindorf of Meister Seelig & Fein LLP and the seller was represented by Yaron Kornblum of Rivkin Radler LLP.

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Attorneys Mentioned: Matthew E. Kasindorf

Eight-figure fraud verdict returned in Bonn bonds case
VA Lawyers Weekly, November 21, 2011

An Alexandria federal jury returned a verdict on Oct. 27, 2011 of $96,400,000 in favor of Honua Investment Management, Inc. and its bondholders who were defrauded by Man Ki Kim, a McLean businessman. The case was tried over a period of four days by James Ringer of New York and Daniel L. Fitch of Harrisonburg. The verdict is the fifth largest ever returned in Virginia and the biggest in the commonwealth since 2002.

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Attorneys Mentioned: James M. Ringer, James M. Ringer

Businessman hit with $96M verdict for bond fraud
VA Lawyers Weekly, October 27, 2011

The verdict included $48.2 million in compensatory damages and $48.2 million in punitive damages. The punitive award is subject to Virginia's $350,000 cap, reported one of the lawyers for the bondholders.

New York's Jim Ringer, lead counsel for the bondholders, said it appeared Kim was trying to keep his deals alive by borrowing from one entity to fund another.

"There are a lot of people who think if you keep the ball in the air long enough you can succeed," Ringer said. "Sooner or later the ball comes down."

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Attorneys Mentioned: James M. Ringer

Meister Seelig & Fein LLP today announced that it has added two attorneys to its growing Intellectual Property Group.

Jeffrey Greenberg, formerly a partner in a leading New York City-based entertainment law firm, joins Meister Seelig as a partner in the firm's IP Group. His arrival further bolsters a growing cadre of lawyers in the group with broad entertainment and media-related experience.

... The firm also added Rowena DeLeon as an associate in the IP Group. With more than a decade of trademark prosecution and licensing experience, Ms. DeLeon will further strengthen the firm's ability to prosecute and manage large, international trademark portfolios.

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Attorneys Mentioned: Rowena J.S. DeLeon, Jeffrey A. Greenberg

Stamford, CT, June 2, 2011 -- A reception was held Wednesday evening to celebrate the opening of commercial law firm Meister, Seelig & Fein's Stamford, Connecticut office. Governor Dannel P. Malloy joined the celebration as the firm's honored guest.

"This is a perfect time to expand into Connecticut. Local businesses are growing stronger as the state focuses on revitalizing the economy, and the opportunity to provide high quality legal support to businesses in Connecticut continues to grow" Commented Governor Malloy.

"We are excited that Governor Malloy could come out tonight to help us celebrate the opening of our new office in Stamford. We see a great deal of opportunity in Connecticut and really appreciate the Governor's support," said Meister, Seelig & Fein Managing Partner Mark Seelig. "With our entry into Connecticut we look forward to being more accessible to Connecticut-based clients and building additional relationships within the community."

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Attorneys Mentioned: Mark J. Seelig

Meister Seelig & Fein LLP looks forward to sponsoring and participating in IMN's 12th Annual US Real Estate Opportunity & Private Fund Investing Forum at the Sheraton New York Hotel and Towers!

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Attorneys Mentioned: Matthew E. Kasindorf, Stephen B. Meister

EAST MEETS WEST
Real Estate BisNow, May 31, 2011

MSF Partner Matthew Kasindorf featured in the latest Real Estate BisNow.

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Attorneys Mentioned: Matthew E. Kasindorf

In what one analyst said is a sign the law industry is rebounding from a recession, another New York City law firm is expanding its practice by opening an office in Stamford, Conn.

Meister Seelig & Fein LLP, a 50-attorney, full-practice Manhattan firm, opened a six-lawyer law office at 201 Broad Street in Stamford earlier this month. Among the six lawyers are former Robinson & Cole attorneys Alex Pencu and Chris Major.

Jeff Weingart, a partner at the New York-based firm, said the firm does significant work in technology and intellectual property and sees an expanding market for those services in Connecticut. "We have an optimistic outlook about the Connecticut office and region in general," he said. "We do plan to grow that office."

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Attorneys Mentioned: Jeffrey Weingart

Matthew Kasindorf is a highly accomplished transactional lawyer specializing in sophisticated real estate and investment ventures. In addition, he serves as the chair of Meister Seelig & Fein's prolific Real Estate department. He has a national reputation built upon years of excellence and is regularly sought after by sophisticated real estate entrepreneurs for his expertise in the formation, syndication, acquisition, financing, development, sale and leasing of all real estate asset classes.

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Attorneys Mentioned: Matthew E. Kasindorf

New York City law firm opens office in Stamford
Stamford Advocate, April 07, 2011

New York City law firm Meister Seelig & Fein has opened an office at the One Canterbury Green building in downtown Stamford, part of an effort to leverage its growing contingent of Connecticut attorneys and better serve clients in the state.

"We are excited to be able to take advantage of burgeoning opportunities in the Connecticut legal market," said managing partner Mark Seelig. "We see a lot of demand in Connecticut among small, medium and large clients for sophisticated and practical legal services."

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Attorneys Mentioned: Mark J. Seelig

Stamford Advocate
Stamford Advocate, April 07, 2011

New York City law firm Meister Seelig & Fein has opened an office at the One Canterbury Green building in downtown Stamford, part of an effort to leverage its growing contingent of Connecticut attorneys and better serve clients in the state.

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Attorneys Mentioned: Mark J. Seelig, Jeffrey Weingart

Meister Seelig & Fein LLP announced today that it has opened an office in Stamford, Connecticut in order to leverage its growing contingent of Connecticut attorneys and to better serve its Connecticut-based clients. The firm's Stamford office is located at One Canterbury Green in downtown Stamford.

"We are excited to be able to take advantage of burgeoning opportunities in the Connecticut legal market," said Managing Partner Mark Seelig. "Our firm now has a number of seasoned attorneys who previously practiced at large Connecticut firms and regularly represent Connecticut-based clients. With our new office in Stamford, we look forward to being more accessible to Connecticut clients seeking the highest quality legal services provided in an efficient and results-oriented manner."

"We see a lot of demand in Connecticut among small, medium and large clients for sophisticated and practical legal services that add value," Seelig added.

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Attorneys Mentioned: Mark J. Seelig

Diamond on 5th at roughly $30M
NY Post, December 01, 2010

Now, a state Supreme Court judge has ordered Dayan to pay up. Stephen Meister, Chetrit's lawyer, said he will start enforcing the judgment, which encompasses about $2.55 million.

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Attorneys Mentioned: Stephen B. Meister

Chetrit beats Dayan in court over 5 Beekman
The Real Deal, December 01, 2010

Chetrit had to lay out both his and Dayan's share of additional funds to extend and reduce their mortgage commitment to just over $20 million from about $53 million. Now, a judge has ordered Dayan to pay, and Stephen Meister, Chetrit's lawyer, said he will start enforcing the judgment, which is worth about $2.55 million.

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Attorneys Mentioned: Stephen B. Meister

“This is Ms. Garcia’s second bite at the apple in trying to find something to claim against The Executive Club. Her changing stories are evidence of the lack of merit of her claims," club lawyer Jeffrey Kimmel said.

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Attorneys Mentioned: Jeffrey A. Kimmel

A Fallen Star
The Real Deal, June 04, 2010

"I think that iStar and Jay Sugarman are fearful of developing a reputation for working with developers and being soft on borrowers," said Stephen Meister, who represents Slazer Enterprises in the One Madison case.

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Attorneys Mentioned: Stephen B. Meister

Judge interrupts SL Green's seizure of 510 Madison
Crain's New York Business, April 14, 2010

Stephen Meister, the attorney representing Macklowe Properties, said there will be a trial to determine who will own the 30-story midtown property. It is unclear when the trial would be held. An SL Green spokesman didn't immediately return a call.

SL Green purchased two loans on the tower over the last year and planned to use its position to foreclose on it Tuesday by claiming that terms of the loans have been violated. Mr. Meister said the loans were due on March 1 but that the agreements allow his client two six-month extensions. SL Green argued that Macklowe had violated the loan agreements and therefore wasn't entitled to any extensions.

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Attorneys Mentioned: Stephen B. Meister

"So many of them are completely baseless and untrue that it's really not a good idea to rely on these unsupported allegations," Meister told The Real Deal.

..."We want to get this thing back on track," said Meister. "There's enormous pent-up demand."

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Attorneys Mentioned: Stephen B. Meister

“I am gratified that the D.H.C.R. made the correct decision — ruling that Independence Plaza is not rent stabilized,” Stephen Meister, Gluck’s lawyer, said in a statement. “In the end, this is a win for the tenants as well.”

Meister said the tenants are already benefiting from the 2004 agreement they negotiated with Gluck before he removed the building from Mitchell-Lama, which offers them some rent protections. Meister has said that the tenants would lose those protections if they won their case, though the tenants dispute that.

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Attorneys Mentioned: Stephen B. Meister

"He did not fight this foreclosure," said Stephen Meister, Gluck's lawyer.

"He's sad to lose the property. He worked very hard, but the market moved against him," Meister added.

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Attorneys Mentioned: Stephen B. Meister

“I am gratified that the D.H.C.R. made the correct decision, ruling that Independence Plaza is not rent stabilized,” said Stephen B. Meister, a lawyer for Mr. Gluck, noting that tenants still had some rent protection because of the 2004 agreement.

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Attorneys Mentioned: Stephen B. Meister

Battle for 510 Madison Ave. goes to court
Crain's New York Business, March 02, 2010

However, Macklowe's lawyer, Stephen Meister, challenged the appraisal in court documents. He said if that appraisal were true, SL Green would have breached its fiduciary responsibility by paying $185 million for the two loans it purchased.

In a statement, Mr. Meister said he was demanding to see the appraisal and any e-mails between SL Green and Cushman & Wakefield. He added Macklowe would hire its own appraiser.

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Attorneys Mentioned: Stephen B. Meister

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