Part One of this Article discussed the impact of some of the recent NorVergence cases on the viability of hell-or-high-water obligations for third-party financing of lease obligations. This second installment discusses the effect of several other cases on the financing of hell-or-high-water lease obligations and accounts receivable obligations in a decade marked by credit crisis and financial fraud, and provides some practical strategies to assure wary funding sources that hell-or-high-water obligations will remain a viable route for navigating treacherous economic seas.

While those who made a living prosecuting (and defending) Rule B attachments have to be disappointed by <i>The Shipping Corporation of India, Ltd., v. Jaldhi Oversees Pte. Ltd.</i>, the commercial bar generally and participants in international trade, including generally equipment lessors (<i>e.g.,</i> marine cargo container lessors), are grateful for the decision.

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In <i>Wells Fargo &amp; Company v. United States</i>, a court considered for the first time SILOs involving domestic municipal transit agency lessees. While one would have thought that the domestic and federally approved nature of the transactions would have some influence on the decision, they did not.

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Who's doing what; who's going where.

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What is work? When does the workday begin and end? These seemingly easy questions are not so easy anymore. Here's why.

Most firms have made no dedicated effort to address e-mail management outside of technology considerations. The following recommendations assume that the firm has a viable repository for e-mails where they can be easily moved in their native format. Firms must focus on development of policies and procedures, modes of enforcement and educational programs to address e-mail management.

The economic turmoil of the past two years has had a dramatic impact on those of us who chose a career in the private practice of law. For many attorneys, these conditions have created an ideal time to strike out on their own and fulfill a dream of becoming a solo practitioner. For others, substantial layoffs at large firms and hiring freezes throughout the legal profession have teamed up to leave them with no other choice but to make a go of hanging out their own shingle.

While my usual columns tend to contain a single topic, covered with a semblance of depth, this article is more of a rapid-fire approach to some helpful tips and "gotchas" in Outlook.