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e-Commerce Takes A Hit From Falling Economy, But Remains Brisk Image

e-Commerce Takes A Hit From Falling Economy, But Remains Brisk

ALM Staff & Law Journal Newsletters

The battered economy appears to have caught up with e-commerce, by the way the U.S. Census Bureau's estimated retail sales for the fourth quarter of 2008 look.

Features

Advanced Online Strategies for Lawyers Image

Advanced Online Strategies for Lawyers

Christy Burke

The polished and plugged-in e-commerce attorney, though well aware of options for enterprises he or she advises, may not think readily of using social media tools a marketing-savvy client may employ for business. But those tools are available to everyone, and using them may bring a big boon. Social networking can turn virtual possibilities into very beneficial realities.

Features

Understanding The Importance of Derivative Works Image

Understanding The Importance of Derivative Works

J. T. Westermeier

This article attempts to provide a practical understanding of derivative works and their importance in structuring business ' including e-commerce ' transactions involving the right to create derivative works. It also discusses several strategic considerations relating to derivative works. This area of law is of critical importance to rightsholders and business partners, and is of particular importance in the growth of up-and-coming e-commerce firms, which need flexibility with intellectual property and rights, and whose principles and counsel need a keen understanding of these issues to promote and sustain healthy expansion.

Features

Applying Res Judicata Principles to Zoning Applications Image

Applying Res Judicata Principles to Zoning Applications

ALM Staff & Law Journal Newsletters

In two recent cases, the Second Department has dealt with a recurring problem in zoning law: What constraint does precedent place on the decision-making authority of a zoning board of appeals? More particularly, what obligations does a zoning board of appeals (ZBA) have when a landowner applies for a variance or special permit that is substantially similar to a variance or permit the ZBA has previously denied?

Features

Matrimonial Valuation Dates Image

Matrimonial Valuation Dates

Benjamin Schub

Ask any experienced matrimonial lawyer in New York State what valuation date should be used in valuing marital property, and the answer will inevitably be the same: "active" assets and "passive" assets. A look at <i>Mahoney-Buntzman</i> and its impact on valuation.

Features

When Bankruptcy and Family Issues Collide Image

When Bankruptcy and Family Issues Collide

ALM Staff & Law Journal Newsletters

When an abused child won a nearly $4 million award from her mother in 2007 for the mother's part in failing to protect her from sexual abuse by the stepfather, it would have seemed that all that was left to do was collect. Now, however, the mother, Irene S. Chaffee, has filed for Chapter 7 bankruptcy relief, and she is seeking to have the debt to her daughter discharged. The question now is, "Can this debt be erased?

Features

One Picture May Not Be Worth 1,000 Words Image

One Picture May Not Be Worth 1,000 Words

David Martindale

Childrens' drawings are sometimes treated as evidence of their perceptions of their family relationships. These pictures may be evaluated for insights into whether a child feels emotionally close to parent who is seeking custody or is afraid of a person accused of sexually abusing the child. But are such pictures really "worth 1,000 words"?

Features

Med Mal News Image

Med Mal News

ALM Staff & Law Journal Newsletters

The latest news of interest to you and your practice.

Features

Accessing Experimental Drugs Through the Compassionate Use Doctrine Image

Accessing Experimental Drugs Through the Compassionate Use Doctrine

Janice G. Inman

In last month's issue, we discussed how Jacob Gunvalson, when denied entry into a clinical trial for a drug that might offer treatment for his terminal disease, sued the drug manufacturer to compel it to seek a "compassionate use" exemption. We conclude with a look at the litigation that ensued.

Features

CA Ordered to Reduce Prison Population Image

CA Ordered to Reduce Prison Population

Pamela A. MacLean

A special three-judge panel has held tentatively that overcrowding in California prisons presents an unconstitutional risk to inmate health and safety and that the prisoner population must be reduced. The panel has previously found that the prison system's mental health and medical care is so negligent that it is a direct cause of inmate deaths and suicides.

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MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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