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Failure to Prosecute Affirmed
The U.S. Court of Appeals for the Seventh Circuit upheld a dismissal for failure to prosecute a suit over rights to David Bowie recordings. Tango Music LLC v. DeadQuick Music Inc., 02-4396. The district court dismissed the suit after Tango Music delayed in serving or failed to serve defendants, and failed to respond to telephone messages from defense counsel and the court. The appeals court determined that severe depression by Tango Music's counsel wasn't sufficient excuse for failing to prosecute. The appeals court stated that Tango Music “has to take responsibility for the actions of its agents, including the lawyers whom it hires.”
Beatles Recordings Ruling
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A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.