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The Bankruptcy Strategist
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Valuation of a Law Practice
Accounting and Financial Planning for Law Firms
My firm has emphasized valuation services for over two decades, with a particular recognition for our work with professional service firm valuation, and more particularly in valuing law firms and ownership interests in law firms for a broad array of purposes ranging from dissolution of marriage, estate tax, shareholder disputes, and more recently in engagements to assist law firm ownership to protect and enhance value.

U.S. District Court Finds Coverage Survives Procedural Changes of Bankruptcy
The Insurance Coverage Law Bulletin
A bankrupt insured, particularly one with significant mass tort liability and assets primarily restricted to its insurance policies, should pay close attention to coverage issues during the bankruptcy proceedings to minimize subsequent difficulties in securing insurance recovery.

Economic Stimulus and False Claims Act Liability
LJN's Equipment Leasing Newsletter
Setting aside the contentious issue of whether stimulus activities are good for the economy at large, it is important that applicants for, and recipients of, stimulus funds realize that participation in these programs could result not only in significant benefits, but also in exposure to legal liability.

When It's Better to Be in Bed with the IRS
The Matrimonial Strategist
Individuals who live above their means generally pay off their marital debt with a portion of the proceeds from the sale of the marital home. But what happens when the client and his or her spouse have been living above their means by failing to file their federal and state income taxes?

Top Stories
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Headlines
The Intersection of Receiverships and Bankruptcy
The intersection of bankruptcy and federal and state receiverships has become a fairly regular occurrence around the country. Cases from Florida, Georgia, Minnesota, New York and Oregon evidence that such incidents are taking place all across the country. There is a tension reflected in some of the cases between the primacy of the orderly and well-developed bankruptcy structure as compared with the much less structured alternative of receivership proceedings.

Credit (Bid) Where Credit’s Due
This article concludes last month's article on the ability of a secured creditor to credit bid its claims at a sale under § 363(k) or § 1129(b)(2)(A)(ii).

The Treatment of Intellectual Property Under Bankruptcy Law
As the economy contracts and many companies are facing bankruptcy, a key question concerns the status of the IP that may have been assigned, transferred, sold or licensed if one of the parties to the transaction declares bankruptcy. This article discusses the issue.

On the Move
Who's going where; who's doing what.

February Issue in PDF Format