Patterson Belknap Webb & Tyler LLP announced today the
launch of a user's guide compiling recent rule reforms in the
Commercial Division of the New York Supreme Court.
Since its formation in 1995, the Commercial Division has seen a
significant increase in the number and complexity of cases on its
docket. In response to increasing demands, a number of significant
new rules and amendments were enacted in 2014 or are being enacted
in 2015 at the suggestion of the court system's Commercial
Division Advisory Council. These reforms are far reaching, and
include, among other things, new monetary thresholds, new discovery
limitations, revised procedural deadlines, and new pilot programs.
The overall goal of the changes is to expedite the litigation
process and reduce the expense involved in commercial
disputes.
Patterson Belknap's user's guide will serve as a resource
for clients and members of the Bar who are faced with navigating
these important changes. The guide highlights the most important
reforms, provides summaries of the changes together with an
explanation of the goal behind each reform and links to the text of
the revised rules.
"These reforms present new challenges and opportunities for
litigants in the Commercial Division and will hopefully speed the
processing of commercial disputes. We believe that this online
guide will aid litigants in understanding this changed landscape
for commercial litigation in New York," said Stephen P.
Younger, a partner at Patterson Belknap who is a member of the
Commercial Division Advisory Council.
The guide is available online here.
PRESS RELEASE
5 February 2015
Patterson Belknap Launches Online Guide Addressing Recent Commercial Division Reforms
Since its formation in 1995, the Commercial Division has seen a
significant increase in the number and complexity of cases on its
docket.