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Features

Real Property Law Image

Real Property Law

ALM Staff & Law Journal Newsletters

Discussion of several key cases.

Landlord & Tenant Image

Landlord & Tenant

ALM Staff & Law Journal Newsletters

A key ruling is analyzed.

Eminent Domain Law Image

Eminent Domain Law

ALM Staff & Law Journal Newsletters

A look at <i>Matter of Village of Port Chester v. Bologna</i>.

Development Image

Development

ALM Staff & Law Journal Newsletters

In-depth analysis of an important ruling.

Features

Cooperatives & Condominiums Image

Cooperatives & Condominiums

ALM Staff & Law Journal Newsletters

A key case is disussed.

When Is a Tenant Excused from Failure to Timely Exercise a Renewal Option? Image

When Is a Tenant Excused from Failure to Timely Exercise a Renewal Option?

Stewart E. Sterk

Suppose a lease gives a tenant an option to renew, but requires that the option be exercised by a specified date. What happens when the tenant exercises the option after the specified date?

Features

Litigation Image

Litigation

ALM Staff & Law Journal Newsletters

Review of a pivotal case.

Formulaic Maintenance Image

Formulaic Maintenance

Timothy M. Tippins

If Harry and Sally had not married but instead entered into a real partnership, say a law practice, and then dissolved it, what court would take seriously a claim by Harry that Sally should have to support him into the future simply because she earns more money than he did?

Features

Hedge Fund Valuation in Connection with Equitable Distribution Image

Hedge Fund Valuation in Connection with Equitable Distribution

Steven Cusumano

Hedge fund valuation presents several challenges in the field of business valuation for the purposes of equitable distribution.

A Lasting Peace in Mass Torts Image

A Lasting Peace in Mass Torts

Mark Colins & Ryan Smethurst

Mass tort claims can create a tremendous financial and legal burden on a company. In-house counsel recommending settlement of a mass tort to company management, often at significant cost, must be confident that the settlement will buy a lasting and comprehensive peace. There are several key negotiating points that can help in-house counsel achieve such finality.

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MOST POPULAR STORIES

  • 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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