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Features

Assumption of Liabilities Image

Assumption of Liabilities

Patrick J. Leddy, Charles M. Oellermann & Joseph M. Witalec

A buyer purchases certain assets and assumes certain liabilities of a seller under an asset purchase agreement. However, after the transaction closes, the buyer files for bankruptcy under Chapter 11 of the Bankruptcy Code and eventually rejects the asset purchase agreement. From a deal lawyer's perspective, the issue is: What impact does the bankruptcy filing and the contract rejection have on the carefully drafted, thoroughly negotiated asset purchase agreement?

Features

What's New in the Law Image

What's New in the Law

Robert Ihne

Highlights of the latest equipment leasing cases.

Negotiating Equipment Leases Image

Negotiating Equipment Leases

Barry Marks

This article reviews equipment finance negotiations in terms of general negotiating rules and advice for lawyers and their clients.

Features

How Will 100% Bonus Depreciation Impact Like Kind Exchange Programs for Lessors in 2011? Image

How Will 100% Bonus Depreciation Impact Like Kind Exchange Programs for Lessors in 2011?

Jeff Nelson

With the enactment of 100% bonus depreciation under the "Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010," many companies with active Like Kind Exchange programs are wondering whether it makes sense to suspend their LKE programs for the balance of 2011.

Features

Movers & Shakers Image

Movers & Shakers

ALM Staff & Law Journal Newsletters

Who's doing what; who's going where.

Insuring Against Cyber Crime Image

Insuring Against Cyber Crime

W. Brian Ahern & and Christine Clark

Law firms are ranked ninth in terms of organizations with the highest risk of cyber exposure.

Features

Non-Compete and Trade Secret Concerns for In-house Lawyers Image

Non-Compete and Trade Secret Concerns for In-house Lawyers

Michael Greco

Here is a Top Ten list of concerns for in-house lawyers and the companies they represent.

Features

Separation and Settlement Agreements Image

Separation and Settlement Agreements

Bill Wortel

This article contains tips for drafting effective separation and settlement agreements that maximize the employer's return on its severance or settlement payments to departing or former employees.

Features

U.S. High Court Recognizes Title VII Third-Party Retaliation Claim Image

U.S. High Court Recognizes Title VII Third-Party Retaliation Claim

Sid Steinberg

Retaliation claims are the most dangerous and powerful of allegations under Title VII. The <i>Thompson v. North American Stainless LP</i> decision has the potential to dramatically expand the scope of such claims.

Features

What's Private in the Private Workplace? Image

What's Private in the Private Workplace?

Wendi S. Lazar & Seth M. Marnin

Unlike their public sector counterparts, private-sector employees have historically enjoyed little protection against unreasonable property searches by their employers. Is the legal landscape changing?

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MOST POPULAR STORIES

  • Lack of Logo Placement At Center of Ruling Over Meat Loaf Album Packaging
    To build visibility for its brand, a record label or production company will want its logo included on products containing its master recordings manufactured and distributed by third parties. This will be addressed in the agreement between the label or production company and manufacturer/distributor. The failure to include the logo may raise a host of issues, from the breadth of the logo-placement obligation ' such as whether it includes Internet downloads ' to the proper theory on which to base any damages and just which album-sales figures are subject to evidentiary discovery. A recent ruling by the U.S. Court of Appeals for the Sixth Circuit ' in a long-running dispute between Cleveland International Records and Sony Music Entertainment ' illustrated how these issues may be argued and decided.
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