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.
<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.
Features
Social Media and Its Effects
In the legal world, the role of social media has become more prevalent in the last five years. Attorneys and their clients are grappling with how this emerging technology will affect their cases.
The Duty to Preserve in an Uncertain World
As detailed in a recent ruling, the duty to preserve attaches whenever a party reasonably anticipates litigation. However, there are other scenarios that have less clear-cut answers.
Supreme Court Sharpens 'Cat's Paw' Liability
In its recent unanimous decision in <i>Staub v. Proctor Hospital</i>, the U.S. Supreme Court both recognized the concept of "cat's paw" liability in employment discrimination cases ' and sharpened its claws.
The New UK Bribery Act
All General Counsel should reach for their calendars now and circle July 1. That's the date when the new UK Bribery Act will take effect. The Act has extra-territorial reach and will impact almost every corporation doing business internationally.
Air Products & Chemicals, Inc. v. Airgas, Inc.
The <i>Airgas</i> decision confirms the previous 25 years of Delaware case law upholding the use and maintenance of poison pills by independent boards acting in good faithin response to legitimate threats posed by hostile bidders.
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