Chambers USA 2017 Recognizes Three Porzio Practice Groups and Six Porzio Attorneys

5/26/2017| News

Porzio is pleased to announce that the firm’s Bankruptcy/Restructuring, Environment and Litigation: Products Liability practices have been recognized by Chambers USA 2017 for excellence, and six firm attorneys have been recognized as leading lawyers in their respective practice areas in the prestigious directory of “America’s Leading Lawyers for Business.” 

Porzio Ranked Attorneys:

Recognised Practitioner:

The Chambers USA 2017 directory, published May 2017, is compiled based on thousands of interviews of lawyers and clients conducted by a team of 50+ full-time researchers to obtain a consistent market view of which firms and attorneys are considered leaders in their field. The qualities on which rankings are based include technical legal ability, professional conduct, client service, commercial awareness/astuteness, diligence, commitment, and other qualities most valued by clients.

For additional details about Chambers research methodology, please click here.

No aspect of this advertisement has been approved by the Supreme Court of New Jersey.

Porzio Victory on Behalf of Fitbit Detailed in Law360 Article

5/10/2017| News

Porzio Principal Michael L. Rich and co-counsel Zachary Alinder and Jeffrey Hallam of Sideman & Bancroft were successful in obtaining the dismissal of client Fitbit from the New Jersey USDC matter, Laguna 2 LLC v. Fitbit LLC. The victory was detailed in the May 10, 2017 Law360 article, "Stolen Fitbit Allegations Can’t Proceed In NJ, Judge Says," by Adam Rhodes. 

The suit accused Fitbit of falsely claiming that a retailer of refurbished electronics was selling stolen items. On May 9, 2017, U.S. District Judge Madeline Cox Arleo freed Fitbit from the suit, ruling that although New Jersey retailer Laguna 2 LLC was allegedly harmed by false claims, that does not mean a New Jersey court has jurisdiction over the suit. 

Law360 is a subscription site. Subscribers may read the full article here.

NJ Supreme Court Releases Opinion in Favor of Porzio's Argument on Behalf of the NJ State Bar Association

6/23/2016| News

On June 23, 2016, the New Jersey Supreme Court released its opinion in Mortgage Grader, Inc. v. Ward & Olivo, siding with the arguments advanced by Porzio counsel, Peter J. Gallagher, on behalf of the New Jersey State Bar Association (NJSBA), who appeared as amicus curiae

The question on appeal was whether a partner in a law firm practicing as an LLP loses the liability protections normally afforded to partners in LLPs if the LLP fails to maintain professional liability insurance as required under Rule 1:21-1C(a)(3). During his oral argument, Mr. Gallagher asserted that, “there's no scenario under the Uniform Partnership Act, or even the spirit of it, that would allow for what the trial court did here.” For video of the oral arguments, click here. (Mr. Gallagher's argument begins at minute 53.) 

In its decision, the Court agreed, holding that the insurance requirement for LLPs under the Court Rules does not extend to a firm's windup period, and that there is no requirement that an LLP purchase tail insurance once it ceases to do business. The Court also agreed that the trial court did not have the authority to convert an LLP to a general partnership. 

Justice Albin dissented, suggesting that the Court Rules be amended to put attorneys on notice that an LLP will lose its liability protection if its does not meet the insurance requirements, and requiring LLPs to purchase tail insurance for six years following their dissolution. 

To read the full Court opinion, please click here

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Porzio Litigation Team Helps Erase $9 Million Dollar Damages Verdict

3/9/2016| News

An eight year-old lawsuit, carrying a potential $9 million damages verdict against New Jersey State Police and South Jersey Transportation Authority, has been dismissed on summary judgment.  

On January 19, 2015, in Henebema v. South Jersey Transportation Authority, et al., Docket No. ATL-L-964-07, Eli S. Scheiman of Porzio, Bromberg & Newman, P.C. ("Porzio"), along with attorneys from Gass Weber Mullins LLC in Milwaukee, Wisconsin, and Blank Rome LLP in Philadelphia, Pennsylvania, successfully obtained summary judgment dismissing a lawsuit against two public entity defendants, South Jersey Transportation Authority and New Jersey State Police, along with a $9 million damages verdict.

The Porzio team was led by attorney Eli S. Scheiman, counsel, with assistance from Justice James H. Coleman, Jr. and Judge Maurice J. Gallipoli, both Of Counsel to Porzio.

To learn more about the case, please click here.

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Porzio's Litigation Practice Profiled by New Jersey Law Journal

11/15/2016| News

Porzio's Litigation practice is profiled in the New Jersey Law Journal article, "Even After 'Metamorphosis,' Litigation Still Central to Porzio," by David Gialanella. 

The article focuses on the team's evolution from primarily asbestos litigators to that of a diverse and more robust department.

Diane F. Averell and Vito A. Gagliardi, Jr. co-chair Porzio's Litigation Department. According to Mr. Gagliardi, "The metamorphosis has been, even when the firm was riding the crest of asbestos defense work, the leaders of the firm were astute enough to diversify." The expansion of several practice areas, including bankruptcy, education law, intellectual property and real estate, added to the firm's portfolio while still keeping litigation at its core. 

Although clients tend to want to avoid litigation, Mr. Gagliardi points out that having a team with substantial litigation experience is even more valuable. "The experience you have as a litigator makes you a better lawyer for counseling your clients. You're better at it, because you've seen the way things can go wrong."

The full article was published by the New Jersey Law Journal. Subscribers may read the full article here.