Dewey Pegno & Kramarsky llp

Chambers & Partners, the preeminent source for independent lawyer and law firm rankings, has recommended Dewey Pegno & Kramarsky and partner Tom Dewey in the area of New York General Commercial Litigation. According to the guide: “Tom Dewey is a ‘superior tactical and strategic thinker, a quick study of the client’s business operation and a clear and concise communicator,’ reports a source, adding: ‘He has excellent judgment and presence in dealing with judges and arbitrato

When parties to a class action reach a settlement agreement and include a clause that defendant will not oppose class counsel’s attorney fee award, they may expect that the unopposed fee will be approved by the court. But a recent decision from the Southern District of New York reminds us that courts have an interest in ensuring the reasonableness of attorney fees and protecting the members of the class. Courts are particularly wary of reversionary clauses, which allow the de

New Disclosures Won’t Cut It In $2.7B Merger Suit, Court Says A New York appellate court on Thursday rejected a bid to approve a class action settlement in a suit over Martin Marietta Materials’ $2.7 billion purchase of Texas Industries, finding additional disclosures wouldn’t benefit shareholders. The appellate panel refused to grant final approval of the settlement, finding that investment partnership City Trading Fund has not shown that additional disclosures regarding Mar