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Jacoby & Meyers, LLP et al v. Schneiderman et al
Case Number:
1:11-cv-03387
Court:
Nature of Suit:
Constitutional - State Statute
Multi Party Litigation:
Class Action
Judge:
Firms
Sectors & Industries:
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August 14, 2015
Jacoby & Meyers Looks To Revive Nonlawyer Investment Suit
Jacoby & Meyers LLP on Friday appealed a decision throwing out its putative class action challenging the constitutionality of New York regulations prohibiting law firms from selling stakes to nonlawyers.
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July 16, 2015
Jacoby's NY Stakes Suit Axed As Constitutional 'Mockery'
A New York federal court Wednesday tossed Jacoby & Meyers LLP's putative class action challenging the constitutionality of New York regulations prohibiting law firms from selling stakes to nonlawyers, saying the suit makes a "mockery" of the First Amendment.
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August 09, 2013
NY Atty General Slams Jacoby's Nonlawyer Investment Suit
The New York attorney general's office Friday fired back at Jacoby & Meyers Law Offices LLP's revived federal suit challenging a New York rule barring law firms from selling stakes to nonlawyers, saying the claims are meritless and appear frivolous.
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April 05, 2012
Law Firm Asks 2nd Circ. To Weigh In On Nonlawyer Investment
Law firm Jacoby & Meyers LLP on Thursday appealed a New York federal court's ruling that it cannot take investments from nonlawyers, opening the door for the Second Circuit to weigh in on the controversial issue.
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March 08, 2012
Firm Can't Knock Down NY Rule Barring Nonlawyer Investment
A federal judge on Thursday dismissed Jacoby & Meyers LLP's suit challenging a New York rule barring nonlawyers from investing in law firms, saying a ruling on the case would be an unconstitutional advisory opinion because other laws also prohibit such investments.
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February 07, 2012
NY Suit Over Nonlawyer Investment In Firms On Hold
A federal judge said Tuesday that he will not allow a suit challenging New York's bar on nonlawyer investment in law firms to proceed, citing a patchwork of state laws that makes the proposition unworkable.
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August 29, 2011
NY Attys Push To Allow Outside Investment In Law Firms
New York attorneys hoping to overturn an ethics rule that bars law firms from selling stakes in themselves to nonlawyers asked a federal judge Friday to keep their case alive, saying cheap capital would make legal services more affordable.