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Developments in Distressed Lending Image

Developments in Distressed Lending

Fredric Sosnick, Jill Frizzley & Robert Britton

Recently, in <i>In re TOUSA Inc.</i> and <i>In re Capmark Fin. Group Inc.</i>, secured lenders have received, as part of their adequate protection package, the right to obtain principal paydowns during a bankruptcy case.

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<b><i>BREAKING NEWS:</i></b> Ninth Circuit Grants Stay of 'Don't Ask, Don't Tell' Injunction Image

<b><i>BREAKING NEWS:</i></b> Ninth Circuit Grants Stay of 'Don't Ask, Don't Tell' Injunction

Amanda Bronstad

A federal appeals court on Oct. 20 granted the government's emergency motion for a temporary stay of a worldwide injunction barring enforcement of "don't ask, don't tell," the military's ban on openly gay service members.

Features

<b><i>BREAKING NEWS:</i></b> Ninth Circuit Grants Stay of 'Don't Ask, Don't Tell' Injunction Image

<b><i>BREAKING NEWS:</i></b> Ninth Circuit Grants Stay of 'Don't Ask, Don't Tell' Injunction

Amanda Bronstad

A federal appeals court on Oct. 20 granted the government's emergency motion for a temporary stay of a worldwide injunction barring enforcement of "don't ask, don't tell," the military's ban on openly gay service members.

November issue in PDF format Image

November issue in PDF format

ALM Staff & Law Journal Newsletters

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Case Briefs Image

Case Briefs

ALM Staff & Law Journal Newsletters

Highlights from the latest insurance cases from around the country.

Features

ERISA Deference: No Exceptions Image

ERISA Deference: No Exceptions

Joseph Geoghegan & Dennis O. Brown

With its 2010 decision of <i>Conkright v. Frommert</i>, the Supreme Court has once again opted to resist a proposed carve-out to the general rule of deference to ERISA plan administrators &mdash; this time in situations where an administrator's first attempt to construe an ERISA plan has been held by the reviewing court to be unreasonable.

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NJ Court Clarifies Policyholders' Right to Recover Out-of-State Coverage Counsel Fees Image

NJ Court Clarifies Policyholders' Right to Recover Out-of-State Coverage Counsel Fees

Sherilyn Pastor, Gregory Horowitz & Stephanie Platzman-Diamant

According to the New Jersey Supreme Court in <i>Myron Corp. v. Atlantic Mutual Insurance Co.</i>, a policyholder's right to recover counsel fees extends even to those fees incurred defending against an insurer-initiated, out-of-state declaratory judgment action.

Features

Japan's Proposed Deregulation Image

Japan's Proposed Deregulation

Stanley Kolodziejczak & Nancy Regan

It has recently been reported that the Japan Ministry of Justice has decided to revise its Practicing Attorney Law to allow a foreign law firm to conduct its law practice in Japan through a Legal Professional Corporation. These revisions may be submitted to the Extraordinary Diet session this autumn for introduction in 2012.

Features

Eckert Seamans Hires Business Development Director Image

Eckert Seamans Hires Business Development Director

Zack Needles

Eckert Seamans Cherin &amp; Mellott CEO Timothy P. Ryan makes no bones about the fact that not all of his firm's attorneys were born with the sales gene. Here's how the firm solved the problem.

A Review of Realization Image

A Review of Realization

James D. Cotterman

Examining realization is important to maintaining good fiscal health in a law firm. This article provides the most common areas to begin review.

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