February 11, 2009
Partner Robert L. Haig was quoted in a New York Law Journal article, "Commercial Part Hurdle Increased In Manhattan."
The article discussed the recent increase in the monetary threshold, from $100,000 to $150,000, for cases filed in the Commercial Division of the New York State Supreme Court in Manhattan.
"Robert L. Haig of Kelley Drye & Warren, a long-standing proponent of the Commercial Division, said Manhattan's commercial parts have become a victim of their own success.
"'The whole issue is a testament to the popularity of the Commercial Division,' Mr. Haig said of the new monetary threshold. 'It is a nice problem to have.'
"Mr. Haig said the Commercial Division has created a sophisticated group of judges capable of hearing complex business-related cases and also eased the burden on regular Supreme Court parts that had to hear complicated commercial matters.
"'I don't know anybody who doesn't think that the Commercial Division is an extraordinary success,' Mr. Haig said. 'The commercial litigation bar thinks that it is. Corporate clients think that it is....It removes complex commercial cases that sometime act as bottlenecks elsewhere and allows the rest of the court system to function more efficiently.
It gives those cases to judges who like to do them and who are good at them.'"