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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.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.