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Gaining Competitive Edge and ROI with Redact-It's Electronic Redaction Tool

My firm, based in Newport Beach, CA, specializes in bankruptcy and creditors' rights. As part of its practice, the firm regularly pursues and defends insolvency-related litigation in the federal courts. This kind of financial litigation is inherently document-intensive ' often involving thousands of documents that must be reviewed, identified and scanned during the discovery process.

Twenty years ago, I would spend days wading through hundreds of boxes in hot, dusty warehouses and storage rooms, trying to piece together the documentary evidence necessary to support or defeat the claims involved in the litigation contest. Once the documents were culled from this source, each document would then be logged and photocopied for trial.

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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.

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The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.