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Features
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.
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.
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.
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
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.
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.
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.
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.
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.
Associates and partners alike should be focused on business development in this economy. The next step is to envelop the paralegals, secretaries, receptionists and other staff in the business development mentality.
