Features
  Counsel Concerns: 3rd Circuit Decides Lawyers' Dispute over Video Game Litigation Client
A federal appeals court upheld the dismissal of a Philadelphia lawyer's suit alleging that Los Angeles litigation boutique Pierce Bainbridge Beck Price & Hecht acted in bad faith by failing to follow through with a $160,000 settlement in a dispute over attorney fees.
Features
  IP Issues and Esports Athletes
A new esports-centric survey released by the law firm of Foley & Lardner projects that esports revenues will climb above the $1 billion mark this year. But the increased stakes and growing sophistication of the industry will likely not be without their headaches.
Features
  Challenges to Evidence of Copyright Ownership
There has been a long-term debate over whether sound recordings can be copyright works made for hire. Sound recordings don't appear in the list of works for hire set out in §101 of the Copyright Act of 1976, though record labels argue recordings can be deemed so as a "compilation" or a "contribution to a collective work," per §101.
Features
  Recent Investigation, Prosecution and Legislation Regarding Fraudulent Deeds
New York City is seeing an upsurge of deed theft. Attorneys, architects, title companies, real estate brokers, agents, contractors, developers and construction managers need to be alert to this potential issue when blocks of properties are assembled for development in these neighborhoods.
Features
  Chapter 11 Plan Support Agreements: Greasing the Wheels for Confirmation Success
Plan support agreements are often an essential component of a successful complex Chapter 11 reorganization and provide a framework for a debtor's financial restructuring. These agreements have increasingly been used to induce core groups of major lenders and bondholders to support a debtor's restructuring in return for enhanced recoveries.
Features
  Challenge to SEC's Disgorgement Authority Reaches Supreme Court
The U.S. Supreme Court granted certiorari in Liu v. Securities and Exchange Commission to address a question that, until fairly recently, seemed clear: whether the SEC has authority to obtain disgorgement in civil actions to enforce the federal securities laws.
Features
  Unfolding Trends That Will Dominate the Next Year
For all intents, 2019 has been good for commercial real estate. 2020, at least for the first half, promises much of the same. That is not to say that the CRE environment will be stagnant; as always there will be changes. Some of these will be subtle while others may well be more ground shaking — and likely due to outside circumstances.
Features
  Uniform Voidable Transactions Act Signed Into Law in NY
On Dec. 6, 2019, Gov. Andrew Cuomo signed legislation modernizing New York's 95-year-old fraudulent conveyance law and making it consistent with the U.S. Bankruptcy Code and the law of at least 44 other states. The Uniform Voidable Transactions Act (UVTA) primarily clarifies the rights and remedies of parties involved in transactions with financially distressed entities.
Features
  Adding Value, Reducing Risk: Peer Review for Construction Projects
In the aftermath of recent construction disasters leading to catastrophic failures and loss of life, the concept of peer review has taken on an entirely new significance. A comprehensive plan and specification peer review is an effective risk management strategy for ensuring quality construction.
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