In contested bankruptcy cases, success in litigation ' over issues such as the enterprise value of the debtor ' can determine the success of the reorganization. Management and the board of directors should be aware of (and plan for) certain dispute-related "facts of life," long before the company files in court.
In two recent decisions, the United States Bankruptcy Court for the Southern District of Texas clarified the subjective standards regarding a creditor's entitlement to an allowed administrative expense under ' 503(b)(3) and (4) of the Bankruptcy Code.
The concept of "impairment" under a Chapter 11 plan has evolved since the Bankruptcy Code was enacted. A noteworthy step in that development was part of a ruling by the bankruptcy court overseeing the whirlwind Chapter 11 case of Major League Baseball's Texas Rangers.
Who's doing what; who's going where.
This article discusses key considerations for firms that engage in pro bono work.
For a law firm's budget to be a valuable financial planning tool, the firm must keep a close eye on its ongoing performance to budget throughout the year. Several measuring tools can help a firm do that. Here is a closer look at a few of them.
This article provides a step-by-step process to ensure a smooth year-end tax planning process.
Highlights of the latest intellectual property news from around the country.
The Federal Circuit recently revisited the issue of joint infringement in Golden Hour Data Sys. v. emsCharts, Inc. The court's decision in that case illustrates one way in which vicarious liability may not close the loophole for liability avoidance through the use of multiple actors. Further, the decision shows that claim drafting alone does not end the joint infringement problem for patentees.
On Aug. 31, 2010, the Federal Circuit rejected a procedural attempt to stem the recent flood of "false patent marking" lawsuits and provided guidance on the standing requirements for pursuing false marking claims under 35 U.S.C. § 292.
