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Declaratory Judgment Actions Examined

Client Alert | less than 1 min read | 05.08.06

A declaratory judgment action is sometimes the best way to resolve a contract dispute, but you must know how to use it. In “Declaratory Judgment Actions--An Effective Tool for Serious Situations," in the American Bar Association's Spring 2006 publication of The Procurement Lawyer, (http://www.crowell.com/pdf/Newsroom/Haile-Claybrook_procureSpr06.pdf) Rick Claybrook and Chris Haile of C&M examine the use of these special actions, providing insight into when they are most effective and warning of some common pitfalls to avoid.

Insights

Client Alert | 4 min read | 02.19.26

Proposed NY Legislation May Mean Potential Criminal Charges for Unlicensed Crypto Firms

On January 14, 2026, State Senator Zellnor Myrie proposed legislation in the New York State Senate that would amend New York law to make it a criminal offense to operate a virtual currency business in New York without the proper license. By introducing the possibility of criminal penalties, Senate Bill S. 8901, the Cryptocurrency Regulation Yields Protections, Trust, and Oversight Act (CRYPTO Act), would mark a significant regulatory shift in the state’s oversight of virtual currency businesses, given New York’s prominence in virtual currency regulation in the U.S....