• Overview of Limitations on Employee Compensation in Bankruptcy

    December 02, 2019 |

    Recognizing the potential consequences, companies in Chapter 11 bankruptcy often try to reduce employee uncertainty by seeking authority from the bankruptcy court. The Bankruptcy Code, however, imposes a variety of limitations on the ability of a debtor-employer to provide certain types of compensation and benefits to "insiders," a term that is broadly defined in the Bankruptcy Code.

  • Case Notes

    December 02, 2019 |

    It's Not the Money Spent, It's the Level of Conformance

  • Why Community Groups Can Never Win Against Developers

    December 02, 2019 |

    The 'Dreikausesn' Paradox, Other Hurdles, and Suggestions for Change Under current New York law, even the most meritorious legal challenge to property development faces insurmountable barriers once construction starts, because absent the most egregious wrongdoing, the courts will not order demolition of completed buildings, and current law makes it virtually impossible to obtain a preliminary injunction to halt construction.

  • Law Firm Debt Levels Shrink as Partners Put More Skin in the Game

    December 02, 2019 |

    What Does Widespread 'Deleveraging' Mean for Law Firm Health? Industry watchers say law firms have become less reliant on bank debt over the past decade, as they explore other funding options. Often, that means raising capital from partners, or turning to other, less common sources.

  • Sympathy for the Debtor? Not When It Comes to Student Loans

    December 02, 2019 |

    The assumption that bankruptcy can't relieve a borrower of student loan obligations is incorrect, however a debtor must provide compelling evidence that an undue hardship will result if the debtor is required to repay the loan.

  • Business Crimes Hotline

    December 02, 2019 |

    Former Keppel Lawyer Who Cooperated with U.S. Government Fined and Sentenced to Probation for His Role in Petrobras Bribery Scheme

  • In the Courts

    December 02, 2019 |

    Maryland's Largest Ever Ponzi-Scheme: Kevin Merrill Sentenced to 22 Years in Prison for $396 Million Consumer Debt Fraud

  • Insider Trading Policies and Cybersecurity

    December 02, 2019 |

    Cybersecurity has been a high priority topic for the SEC the past few years. In September 2017, the SEC created a Cyber Unit within its Enforcement Division. This Cyber Unit had over 225 active investigations at the SEC's 2018 fiscal year end. The SEC has focused in particular on cybersecurity risks facing public companies.

  • Less Isn't Always More: 1001(a)(1) Concealment Charges in Voluntary Disclosure Submissions

    December 02, 2019 |

    In any investigation where a client is deposed or interviewed by a government agent, experienced lawyers should be wary of potential false statement liability and likely will have advised their clients of the paramount need to be truthful. Voluntary communications, initiated by a company or individual, with government officials are of a different ilk, however