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The Court-Appointed Expert
In last month's article, we explored the many issues that involve the court-appointed valuation/financial expert. Many of the problems such experts encounter are the result of a lack of clarity and specificity in the order appointing them, and a general lack of guidelines for the expert to follow.
The Matrimonial Commission, appointed by the Chief Justice Judith Kaye and chaired by Justice Sondra Miller, undertook a detailed review of this area in an attempt to remedy the problem. I was privileged to serve on the Commission as its only financial evaluation expert. After review, the Committee drafted a model order for the appointment of the valuation/financial expert, and published it in Appendix K of its report. Let us now look at the problems and issues related to the appointment of a valuation/financial expert, and focus on the resolutions recommended by the Commission.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
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.
Bankruptcy Sales: Finding a Diamond In the Rough
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.
Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers
There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.
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?