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In the Courts
U.S. District Court Judge Refuses to 'Rubber-Stamp' CFTC Settlement Agreement
On Sept. 22, 2016, Judge William H. Pauley III of the United States District Court for the Southern District of New York denied the United States Commodity Futures Trading Commission's (CFTC) and Deutsche Bank AG's (Deutsche Bank) request for entry of a consent order to impose an injunction, appoint an independent monitor, and improve control mechanisms at Deutsche Bank in response to violations of the Commodity Exchange Act and CFTC regulations. See generally U.S. Commodity Futures Trading Commission v. Deutsche Bank AG, No. 16-06544 (S.D.N.Y). Judge Pauley's decision is the most recent example of increasing judicial oversight and scrutiny of settlement agreements between corporations and government prosecutors/regulators.
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Law Firms are Reducing Redundant Real Estate by Bringing Support Services Back to the Office
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
Bit Parts
Summary Judgment Denied Defendant in Declaratory Action by Producer of To Kill a Mockingbird Broadway Play Seeking Amateur Theatrical Rights
Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
“Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
Disconnect Between In-House and Outside Counsel
'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.
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.