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Features
The FASB and IASB issued the second Exposure Draft ("ED") of the proposed new leasing rules on May 16, 2013 with a deadline for comments of Sept. 13, 2013. The ED is an improvement over the 2010 ED in that it is closer to current GAAP in areas such as the definition of the lease term and lease payments.
Features
Finance Companies' Rights to Collect <br>True Lease vs. Security Interest: In General<br>Lessors' Damages: Measures and Entitlement<br>Vendor Issues<br>End-of-Term Lease Provisions<br>Forum Selection, Jurisdiction and Choice of Law<br>Assignments of Leases
Features
Courts frequently wrestle with how to apply post-petition payments for rental proceeds deriving from lenders' pre-petition collateral. The issue arises principally in single asset real estate cases, because generally post-petition proceeds of the debtor are the rents attributable to the lender's collateral.
Features
International recording artist Jos' Feliciano is suing his manager and asking a Broward County, FL, circuit judge to rescind their contract.
Columns & Departments
Anti-Slapp Motion Involving Disclosure of ex-Miss California Suit Settlement Is Denied<br>New York Court Finds Malpractice Suit, over Transfer of Motion Picture Ownership, Improperly Pleaded
Columns & Departments
Declaratory Bids Denied in Dispute over Literary Agent Agreement<br>Method for Monetizing Internet Content Not Too Abstract for Patentability<br>New York Music Administration Suit Stayed Until Outcome of Canadian Suit over Related Songs-Purchase Agreements
Columns & Departments
U.S. Supreme Court Upholds Arbitrator's Determination of Authority to Determine Class Issues<br>Recent Attempt to Revive <i>Laxmi v. Golf USA</i> Fizzles
Columns & Departments
Highlights of the latest insurance cases from around the country.
Features
What happens when a responsible party settles a subrogation claim for less than the amount of benefits paid by the insurer? Can the party then offset a damages award by the full amount of the subrogation claim, and in so doing, potentially pay less than the full amount of the damages it caused?
Features
When someone buys 25% of a four-unit co-op, does the shareholder expect the co-op to be ruled by only one other shareholder, which could be the case if one of those four shareholders owns more than 50% of the co-op's shares? The issue arose in a recent case ...
