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During the existing economic downturn, there has been much litigation seeking downward modification of support orders in New York. The standard for support modification in that state depends upon whether the order is the product of agreement or trial determination and whether or not the order is for child support or spousal support. (As this article seeks to examine “change in circumstances” applications resulting from recent economic events, it does not address any other basis upon which modification made be made.) While such applications have been historically difficult to win, legitimately suffering payors, thinking that job losses and reduced incomes would be the ticket for success, have nevertheless found the court continually reluctant to grant relief. Some recent decisions decided by the appellate courts on applications made prior to the recession, and lower court decisions which have considered its effect, have been consistent in denying relief. This two-part article discusses the trend in New York and other states to deny downward modifications.
Agreement vs. Order-Based Support
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
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.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
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.
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.