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In the Courts Image

In the Courts

ALM Staff & Law Journal Newsletters

Recent rulings of importance.

Features

Pre-Plea Estimates of Jail Time Image

Pre-Plea Estimates of Jail Time

Steven F. Reich & Arunabha Bhoumik

While the government almost certainly will give you an estimate of your client's sentencing exposure as part of a plea process, recent cases in the Second Circuit make clear that the government is unlikely to be bound by that estimate.

Features

Issues Regarding the Reasonableness of Settlement in London Coverage Arbitration Image

Issues Regarding the Reasonableness of Settlement in London Coverage Arbitration

Kenneth A. Remson

It is important to recognize early on if an insurance policy with a London arbitration provision, or any international arbitration provision, may be called on to contribute to the settlement of a lawsuit. By creating that awareness early on, there is an opportunity to build a stronger record to support the reasonableness of any settlement and to maximize the insured's ability to obtain coverage.

Features

Obtaining Assent in Today's e-Conomy Image

Obtaining Assent in Today's e-Conomy

Michael J. Breslin

A growing number of courts have addressed the validity of contracts purportedly created through Web-based transactions. While the judiciary has produced mixed results in this area, a few trends have emerged ' notwithstanding the nuances presented by online transactions.

Features

The Role of Causation Analysis in the Insurance Appraisal Process Image

The Role of Causation Analysis in the Insurance Appraisal Process

Rebecca Goforth Bush

While insurance appraisal clauses are standard in many homeowners' policies, the manner in which they are utilized by insurers and policyholders — and the way in which they are interpreted by the courts — differs based upon the role an appraiser plays in interpreting causation.

Features

Counsel Concerns Image

Counsel Concerns

Stan Soocher & Brian Baxter

Ninth Circuit Upholds Sanctions Against Copyright Lawyer<br>Attorney Fees Awarded To Prevailing Defendants in Memorabilia Case<br>Manatt Petitions CA Supreme Court over Ruling Against Firm

Features

New Ninth Circuit Rulings on Implied-Contract Claims Provide Guidance for Idea-Submission Cases Image

New Ninth Circuit Rulings on Implied-Contract Claims Provide Guidance for Idea-Submission Cases

Amanda Bronstad & Stan Soocher

In 2004, the U.S. Court of Appeals for the Ninth Circuit decided that state implied-in-fact contract claims weren't preempted by federal copyright law. <i>Grosso v. Miramax Film Corp.</i> The ruling resulted in a predictable increase in idea-submission suits over TV and film productions. But few judicial opinions since have cited <i>Grosso</i>. In June 2010, however, the Ninth Circuit issued two decisions ' with differing results ' that, by also drawing from precedents from decades before, illuminate how a court should consider the elements of an implied-contract case.

Features

Contract Litigation Image

Contract Litigation

Kevin Martin

From construction contracts, to supply contracts, to equipment leases, franchisors and franchisees might face the problem of litigating numerous legal disputes simultaneously. This, of course, can be devastating for a business, whether big or small. So what can you do to avoid these pitfalls?

Features

Can We Resolve Franchise Disputes Faster, Cheaper and Better? Image

Can We Resolve Franchise Disputes Faster, Cheaper and Better?

Steven K. Fedder, John Lande & Peter R. Silverman

Franchisors and franchisees need faster, cheaper, and better ways to resolve disputes. Planned early negotiation processes and early active intervention clauses can help parties and lawyers achieve these goals.

Features

Business Crimes Hotline Image

Business Crimes Hotline

ALM Staff & Law Journal Newsletters

CALIFORNIA Alleged Conspiracy to Fix LCD Prices Yields Additional Indictments On June 10, 2010, the DOJ announced that additional charges had been filed in its long-running investigation into alleged price-fixing for panels used in a host of consumer electronics, including computer monitors, The panels, known as thin-film transistor-liquid crystal display panels (TFT-LCD), represented a worldwide market of $70 billion at the time the alleged conspiracy ended. &#133;

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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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  • Bankruptcy Sales: Finding a Diamond In the Rough
    There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
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