Features
<b><i>BREAKING NEWS:</i></b> High Court Sides With Ex-Enron CEO Skilling
The Supreme Court has sided with former Enron CEO Jeffrey Skilling in limiting the use of a federal fraud law that has been a favorite of white-collar crime prosecutors.
Features
The Supreme Court and the Hague Abduction Convention
The U.S. Supreme Court has now issued its very first decision interpreting the Hague Convention on the Civil Aspects of International Child Abduction.
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Decisions of Interest
Rulings of importance to you and your practice.
Legislators Press for Change in Dissolution Laws
New York's Legislature has been busy working on proposed laws that, if passed into law, will affect the practice of family law. In some instances the legislature has tried and failed before to pass similar laws, but those seeking change have had their hopes buoyed by shake-ups in the legislature.
Features
Bad Law on Double Dipping
In last month's newsletter, we looked at the case of <i>Rodriguez v. Rodriguez</i>, in which the Appellate Division, Second Department, correctly found Supreme Court had erred by distributing the value of a service business and awarding spousal support from the income stream from that business, amounting to impermissible "double dipping." A month later, a different panel of the Second Department came to the opposite conclusion, throwing the issue into confusion.
Features
Closely Held Corporate Shares Require a Discount
In divorce, it is sometimes necessary to value shares of a closely held corporation. But there are stocks in privately held companies throughout New York whose shares are not traded on the NYSE or NASDAQ. These companies often have only a handful of shareholders, many of whom are family members or close friends.
Business Valuation in a Collaborative Divorce
Participants in a collaborative divorce can dissolve their marital union with dignity and respect, and formulate an agreement that will more likely be adhered to over the long run. Here's how.
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