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Is the Receiver or Debtor More Likely to Preserve and Maximize the Value of the Property In a Bankruptcy? Image

Is the Receiver or Debtor More Likely to Preserve and Maximize the Value of the Property In a Bankruptcy?

Andrew C. Kassner & Joseph N. Argentina Jr.

Many clients are not aware that the Bankruptcy Code provides that, upon the filing of a bankruptcy case, the receiver is required to give back possession of the mortgaged property to the debtor unless the lender obtains an order from the Bankruptcy Court excusing the receiver from this requirement.

Features

Federal Circuit Imperils Term-Adjusted Patents Image

Federal Circuit Imperils Term-Adjusted Patents

Sandip H. Patel

The Federal Circuit recently upheld the Patent Office's decision to reject claims in four separate reexamination cases due to obviousness-type double patenting (ODP).

Features

Evaluating Commercial Leases Post-'Rohrmoos' Image

Evaluating Commercial Leases Post-'Rohrmoos'

Troy "T.J." Hales & Kimberly A. Cruz

Rohrmoos should encourage lawyers drafting leases, and those in lease disputes, to account for some new practical considerations. The drafting attorney should — if they are not already — include a clause in the lease expressly stating the parties' covenants are independent from one another.

Features

Landmines In Bankruptcy Appellate Practice Image

Landmines In Bankruptcy Appellate Practice

Michael L. Cook

Pundits are raving about the current increase in business bankruptcy cases. But they rarely, if ever, mention the spike in bankruptcy appeals. A brief survey of recent decisions shows that appellate courts are, among other things, finding ways to (a) avoid making decisions or to (b) avoid litigation delay and uncertainty by expediting appellate review. Practitioners can avoid surprises by grasping what these courts are actually doing.

Features

Appointment of Receiver Under State Law No Assurance Receiver Will Stay If Ch. 11 Filed Image

Appointment of Receiver Under State Law No Assurance Receiver Will Stay If Ch. 11 Filed

Andrew C. Kassner & Joseph N. Argentina Jr.

Many clients are not aware that the Bankruptcy Code provides that, upon the filing of a bankruptcy case, the receiver is required to give back possession of the mortgaged property to the debtor unless the lender obtains an order from the Bankruptcy Court excusing the receiver from this requirement.

Columns & Departments

Fresh Filings Image

Fresh Filings

Entertainment Law & Finance Staff

Notable court filings in entertainment law.

Columns & Departments

Development Image

Development

New York Real Estate Law Reporter Staff

Contract Vendee Lacks Standing to Challenge Denial of Permit Application Board's Denial of Site Plan Approval Invalidated Inadequate SEQRA Review Requires Denial of Site Plan Approval

Columns & Departments

Real Property Law Image

Real Property Law

New York Real Estate Law Reporter Staff

Prescriptive Easement Counterclaim Dismissed Implied Easement Claims Rejected Questions of Fact Preclude Summary Judgment on Adverse Possession Claim Broker Failed to Establish Implied Contract Questions of Fact Remained About Whether Encroachment Was De Minimus

Features

Second Circuit Erects Barriers to Due Process When Challenging Permit Denials Image

Second Circuit Erects Barriers to Due Process When Challenging Permit Denials

Stewart E. Sterk

Although the federal constitution protects against deprivation of property without due process, the Second Circuit and federal district courts have erected significant barriers to dues process claims by landowners who challenge municipal permit denials or revocations.

Features

Band Name Rights at Center of Battle Between Founding Isley Brothers Image

Band Name Rights at Center of Battle Between Founding Isley Brothers

Stan Soocher

A current dispute over a band name that's worth tracking is one between two founding members of "The Isley Brothers," the legendary r&b group, that focuses on what happens to ownership of the band name rights when one member stops performing with the group but continues to be involved in its business affairs.

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