Anderson Kill's Palley Says It's Too Early to Write Off Bitcoin

Bloomberg

Bloomberg (November 19th, 2018, 5:53 PM EST)  -- Stephen Palley, Anderson Kill partner, reacts to Bitcoin tumbling below the $5,000 mark following the split of one of the largest major tokens. He says he doesn't see a connection or causal relationship between recent SEC activity and the price of cryptocurrency. He speaks on "Bloomberg Markets: What'd You Miss?"

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AIG Must Cover Port Authority Asbestos Claims, Court Affirms

Law360

Law360 (November 15, 2018, 9:45 PM EST) --  A New York appeals court on Thursday affirmed that an AIG unit must defend the Port Authority of New York and New Jersey and several contractors against asbestos claims brought by construction workers on the original World Trade Center, agreeing with a lower court that coverage is triggered for claims tied to alleged asbestos exposures at the building site.

Class Action Suit against Ripple Moves to Federal Court

Coindesk

Coindesk (Nov 12, 2018 at 19:00 UTC) -- Attorneys for Ripple Labs and co-defendants filed to move a consolidated class-action lawsuit from i the San Mateo Superior Court to the U.S. District Court, Northern District of California. Plaintiffs allege that by selling XRP tokens Ripple is selling unregistered securities. Coindesk reports:

                   Ripple’s attorneys argue t

Stephen Palley comments on SEC enforcement actions against token trading platforms

Coindesk

Coindesk (Nov 8, 2018 at 22:30 UTC; Updated Nov 10, 2018 at 11:56 UTC) - Reporting a settlement between the SEC and the founder of cryptocurrency trading platform EtherDelta, Coindesk notes that the SEC charge that EtherDelta was an unregistered securities exchange "can be seen as a shot across the bow of token-trading platforms". Stephen Palley told Coindesk that the SEC is far from finish