State Regulators Declare Registration Do's and Don'ts
At the "Ask the Regulators" session at the IFA's 2010 Legal Symposium, representatives of three registration states offered suggestions about how to make the franchise state-registration process run more smoothly.
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In the Marketplace
Highlights of the latest equipment leasing news from around the country.
District Court Recognizes Texas Legislation in Overturning Clark Contracting Decision
On April 14, 2010, the federal district court reviewing the <i>Clark Contracting</i> decision overturned the bankruptcy court and gave effect to the language in SB1592 that indicated that the legislation was a clarification of existing law rather than a change to the law.
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Bankruptcy Plan Sales: Secured Lenders Do Not Have an Absolute Right to Credit Bid
In a decision that could have wide-ranging consequences for secured lenders and the distressed debt market, a divided U.S. Court of Appeals for the Third Circuit has held that secured creditors do not have an absolute right to credit bid the value of their loans in Chapter 11 plan-based sales of assets.
Pre-packaged Bankruptcies: A Faster Way to Emerge from a Bankruptcy Involving Leases?
Traditional Chapter 11 reorganizations have proven to be costly and disruptive for corporate debtors. Section 363 sales have largely supplanted traditional Chapter 11 reorganizations because they are faster and more cost efficient. Though not a new concept, parties have recently opted to pursue "pre-packaged" bankruptcy filings or "pre-packs.
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Case Briefs
Highlights of the latest insurance cases from around the country.
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Sharing Courtroom Insight and Legal Relays for Professional Success
CourtroomInsight.com and LegalRelay.com both launched at LegalTech New York in February. They are growing by encouraging users, as well as experts and vendors who can benefit from the reviews, to take advantage of their respective "freemium" models. The unrelated sites allow visitors to post and read reviews for free, but offer enhanced positioning and descriptive information to paid subscribers.
Sharing Courtroom Insight and Legal Relays for Professional Success
This article discusses a new Web-based directory designed to help lawyers identify and evaluate expert witnesses, litigation consultants, arbitrators and mediators through profiles of these providers and reviews of their performance, as well as a similar tool for legal technology product reviews.
Clio Software-as-a-Service the Right Choice for Slinde & Nelson
Our research led to a handful of legal SaaS offerings. On the surface, the various offerings looked quite similar, since they offered many of the core practice management functions such as matter management, contact management, calendaring and time-and-billing features. We found the interface and several key features of Clio helped separate it from the crowd.
Riemer & Braunstein Benefits from Storage Virtualization
Law firms are often misinterpreted to be stodgy places, reluctant to move into the 21st century with new and emerging technology. Nevertheless, they rely heavily upon computers to complete daily tasks. Documents such as contracts, wills and other files are all confidential and extremely valuable; the data must be protected yet readily available at all times.
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- Law Firms and the Rise of HospitalityThe law firm office cannot remain unchanged, as if frozen in time set to some date prior to the onset of pandemic, when the terms and meaning have all changed. In fact, the office must now provide benefits or an experience the lawyers and staff cannot get at home.Read More ›
- Disconnect Between In-House and Outside Counsel'Disconnect Between In-House and Outside Counsel is a continuation of the discussion of client expectations and the disconnect that often occurs. And although the outside attorneys should be pursuing how inside-counsel actually think, inside counsel should make an effort to impart this information without waiting to be asked.Read More ›
- The DOJ's Corporate Enforcement Policy: One Year LaterThe DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.Read More ›
- Lack of Logo Placement At Center of Ruling Over Meat Loaf Album PackagingTo 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.Read More ›