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The Bankruptcy Hotline
Out-of-State Claims Against Enron To Be Heard in NY
The Bankruptcy Court for the Southern District of New York has ruled that the State of California must adjudicate its claims against the Enron Corp arising from that state's energy crisis in the SDNY bankruptcy court. In re Enron Corp., No. 01-16034 (Sept. 29).
California filed a separate state court action in California similar to one filed in the SDNY bankruptcy matter. The suit alleged that from May 2000 to June 2001, California's residents suffered from rolling blackouts and unusually high electricity prices because Enron participated in or caused an energy crisis at the expense of consumers. Enron asked the bankruptcy court to stop the parallel suit in California.
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Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
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Strategy vs. Tactics: Two Sides of a Difficult Coin
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Legal Possession: What Does It Mean?
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Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?