NY Commercial Judges Urged To Prod Litigants Toward Deals

Law360, New York (January 23, 2013, 4:13 PM EST) -- With New York's judicial system under “enormous financial stress,” businesses will need to rely on commercial division judges' use of the power of the bench to drive quicker litigation settlements and avoid needless discovery trench warfare, the state's former chief judge said Tuesday.

A day after New York Gov. Andrew Cuomo praised the state's courts for putting forward a flat, $2 billion budget for fiscal 2013, former New York Chief Judge Judith S. Kaye told a packed panel at the New York State Bar Association's annual...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.