Second Circuit Issues ILSA Ruling in Bodansky
On March 15, 2011, the United States Court of Appeals for the Second Circuit issued its first decision interpreting the Interstate Land Sales Full Disclosure Act ("ILSA").
Features
Make Your First-Years Second-Years
One of the most consistent, widespread problems faced by law firms is how to close the learning curve quickly for their inexperienced attorneys.
Canada Expands Judicial Assistance to the U.S.
As commerce between the U.S. and Canada becomes increasingly intertwined, the courts of the land haven't always kept pace. But a recent decision by one of Canada's highest courts is going to make it easier to enforce U.S. decisions that reach north across the border.
Features
Using ' 552(a) to Invalidate a Lender's Security Interest in Proceeds of an FCC License
Recently, a Colorado bankruptcy court considered the effects of Bankruptcy Code ' 552(a) on a lender's security interest in the proceeds of an FCC broadcast license.
Features
Of Hogs, Electricity and Gas
A split among bankruptcy courts has called into question whether supply contracts for commodities such as hogs, electricity and gas will receive the same protection that has been extended to swaps and other financial contracts under ' 546 of the Bankruptcy Code.
Chemtura: 'Make-Whole' and 'No-Call' Provisions
The Bankruptcy Court for the Southern District of New York's recent decision in <i>In re Chemtura Corp</i> examines the treatment of "make-whole" and "no-call" provisions in bankruptcy proceedings in the context of a settlement of such claims pursuant to a plan or reorganization.
<b><i>BREAKING NEWS:</i></b> King & Spalding Drops Marriage Case; Former Solicitor General Quits Firm
After a week of criticism from gay-rights groups, King & Spalding reversed itself on April 25 and asked to withdraw as counsel in charge of defending the federal Defense of Marriage Act.
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