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The Amended Standing Order of Reference (the Amended Standing Order) issued on Jan. 31, 2012 by the Chief United States District Judge for the Southern District of New York, Judge Loretta Preska has significantly reduced the procedural quagmire and uncertainty faced by attorneys and the courts as a result of Stern v. Marshall, 131 S.Ct. 2594 (2011).
The Supreme Court decision in Stern begins with a quote from Charles Dickens' Bleak House describing the saga of the late Anna Nicole Smith and her counterclaim against the son of her deceased billionaire husband for tortious interference with her rights to the estate of her husband. A divided Supreme Court found Congress' authorization for the bankruptcy judge to hear and determine her counterclaim was unconstitutional, even though the counterclaim was deemed a “core” proceeding by 28 U.S.C. ' 157(b)(2)(c). As a result, the bankruptcy judge lacked the authority to enter a final judgment that awarded nearly half a billion dollars on her counter claim for tortious interference. While the decision resolved the saga of the Marshall estate, it has created a new Bleak House.
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The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
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.
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.
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.
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.