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Features

Supreme Court Considers Sports Betting Law Image

Supreme Court Considers Sports Betting Law

Tony Mauro

The U.S. Supreme Court seemed ready to strike down — though not by a unanimous vote — the federal law that bans most states from licensing sports betting.

Features

In New York: Recovery of Accelerated Rents from a Commercial Lease Guarantor Image

In New York: Recovery of Accelerated Rents from a Commercial Lease Guarantor

Joseph I. Farca

With an effective rent-acceleration clause and good-guy guaranty, there is a little-used legal procedure that could allow the landlord to quickly pursue the guarantor for lost back and future rents: a motion for summary judgment in lieu of complaint.

Features

Sexual Harassment Image

Sexual Harassment

Robert G. Brody & Katherine M. Bogard

<b><i>The Basics, the Skeletons In Your Closet, and How to Be Prepared</b></i><p>Harvey Weinstein has put the spotlight on sexual harassment in the workplace. Under this light we see multiple industries struggling with their own sexual harassment allegations and revelations.

Features

Litigation Funding Changes Legal Landscape for Boutique and Small Firms Image

Litigation Funding Changes Legal Landscape for Boutique and Small Firms

Monika Gonzalez Mesa

<b><i>The Growth of Third-Party Litigation Funding Has Been a Boon to Small Firms, But Boutique Firms Are Taking a Hit</b></i><p>The growth of litigation funding has widened the pool of law firms that can take on big cases, but their increasing popularity means boutique firms that have traditionally landed multimillion-dollar lawsuits by taking them on contingency or offering alternative fee arrangements are now taking a hit.

Columns & Departments

Case Notes Image

Case Notes

ljnstaff

An in-depth discussion of two major rulings.

Columns & Departments

Case Notes Image

Case Notes

ljnstaff

Analysis of a case in which the Eighth Circuit reversed the confirmation by the Board of Immigration Appeals of a deportation order because the Immigration Judge's finding of a fraudulent marriage was not based on proper evidence.

Columns & Departments

Real Property Law Image

Real Property Law

ljnstaff

Analysis of key rulings involving adverse possession, "stranger to the deed," and a claim against a homeowners association.

Columns & Departments

Business Crimes Hotline Image

Business Crimes Hotline

ljnstaff

Discussion of two major rulings out of Georgia and New York.

Features

When 'Bankruptcy Remote' Meets Public Policy Image

When 'Bankruptcy Remote' Meets Public Policy

Pamela J. Martinson

<b><i>Serving Two Masters</i></b><p>This article examines two recent cases, and suggests practices that lenders to BREs can use to reduce the risk of a debtor bankruptcy without compromising the policies underlying bankruptcy and corporate laws.

Columns & Departments

Bit Parts Image

Bit Parts

Stan Soocher

General Counsel for “Ultra Music” Company Can't Be Deposed in Lawsuit by Licensee<br>Magistrate Rules That Statute of Limitations for Copyright Infringement Actions Is No Bar to Discovery Requests<br>New York Federal Court Will Consider Copyright Ownership Claim, But Not Registration Issue, in Dispute Over Play

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MOST POPULAR STORIES

  • 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.
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  • 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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