Qualified Intermediary Bankruptcies
A look at the Land America bankruptcy, in which approximately 450 individual exchangers suddenly lost legal possession of their exchange proceeds when Land America filed for bankruptcy.
Features
Secured Lenders Do Not Have an Absolute Right to Credit Bid at Bankruptcy Plan Sales
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.
<b><i>BREAKING NEWS:</i></b> Ruling Affirms Narrow Reading of 'Parent' in Same-Sex Case
Declining to overrule a 19-year-old precedent, the Court of Appeals narrowly held on May 4 that a same-sex partner who has not adopted her partner's biological child cannot assert visitation rights under New York law.
Features
Adult Uses: Adequate Alternative Sites
When municipalities enact zoning ordinances that restrict the location of adult uses, they must take care to assure that adequate alternative sites remain available.
Index
An easy-to-use listing of everything contained in this issue.
Features
Decisions of Interest
Recent rulikngs of interest to you and your practice.
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