Gatekeeper Liability: When Auditors, Underwriters, and Directors Get Pulled Into a Securities Suit
By Thomas Przybylowski, Securities Litigation Attorney At a Glance Plaintiffs often name the auditor, the underwriters, and the outside directors alongside the company itself, but private securities law does not treat helping a fraud the same as committing one. Since Central Bank of Denver v. First Interstate Bank (1994), private plaintiffs cannot sue for aiding […]
Commercial Lease Default in New York: What Business Tenants Need to Know
For a small business owner, a commercial lease is often tied directly to the business itself: the location customers know, the buildout the owner paid for, and one of the company’s largest fixed costs. When a landlord sends a notice alleging a default, the tenant may have only a short contractual cure period to respond. […]
Thomas Przybylowski Interview with Bold Journey
Meet Thomas Przybylowski We’re excited to introduce you to the always interesting and insightful Thomas Przybylowski. We hope you’ll enjoy our conversation with Thomas below. Thomas, we’re thrilled to have you on our platform and we think there is so much folks can learn from you and your story. Something that matters deeply to us […]
When Business Partners Can’t Agree: A Litigator’s Guide to Partnership Dissolution and Forced Buyouts
Every partnership dispute I have handled started the same way: two people who trusted each other completely, and then didn’t. It rarely begins with whatever issue eventually shows up in the caption of a lawsuit. More often it starts with something smaller: a disagreement over money, direction, or workload that neither partner addresses directly, until […]
Trade Secrets and Non-Competes: What Companies Get Wrong in the First 48 Hours
At a Glance Trade secret and non-compete disputes over a departing employee are usually decided by what happens in the first two days, not by the eventual court filing. New York is the only state that has never adopted the Uniform Trade Secrets Act. Protection here still runs entirely through the common law and a […]
Your Contract’s Most Boring Clause Could Save You Millions
Why Every Business Should Pay Attention to Its Dispute Resolution Clause By Thomas Przybylowski Nobody reads the back of the contract. The front of the agreement gets all the attention. That’s where you’ll find the purchase price, payment terms, deadlines, deliverables, warranties, and everything the parties spent weeks negotiating. Once those issues are settled, most […]
Cybersecurity for Law Firms: Why Every Attorney Must Protect Client Data
When a client entrusts your law firm with details about a merger, a criminal investigation, a trade secret, a divorce, or an estate plan, they expect that information to remain confidential. That expectation has always been fundamental to the attorney-client relationship. Today, honoring that trust requires more than professional discretion. It requires cybersecurity. The American […]
The PSLRA Discovery Stay: Why the Pleading Stage Decides Securities Cases
By Thomas Przybylowski, Securities Litigation Attorney At a Glance The PSLRA’s automatic discovery stay halts nearly all discovery while a motion to dismiss is pending, making the pleadings — not discovery — the decisive stage in securities fraud litigation. The stay isn’t purely defense-friendly: it also blocks plaintiffs from getting the internal documents defendants often […]
When a Business Dispute Becomes an Emergency: TROs and Preliminary Injunctions
By Thomas Przybylowski, Litigation Attorney (New York & New Jersey) At a Glance A TRO and a preliminary injunction are emergency court orders that restrain a party’s conduct before a case reaches trial. The federal standard, from Winter v. Natural Resources Defense Council, requires a likelihood of success, a likelihood of irreparable harm, a favorable […]
SEC and Crypto Regulation: What Companies Need to Know
By Thomas Przybylowski, Securities & Litigation Attorney At a Glance On March 17, 2026, the SEC and CFTC issued a joint interpretive release clarifying how federal securities laws apply to crypto assets. The new framework sorts crypto assets into five categories, with only digital securities treated as securities outright. SEC v. W.J. Howey Co. remains […]