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.
- February 24, 2010Raymond W. Dusch
While those who made a living prosecuting (and defending) Rule B attachments have to be disappointed by The Shipping Corporation of India, Ltd., v. Jaldhi Oversees Pte. Ltd., the commercial bar generally and participants in international trade, including generally equipment lessors (e.g., marine cargo container lessors), are grateful for the decision.
February 24, 2010James F. FotenosIn Wells Fargo & Company v. United States, 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.
February 24, 2010Philip H. SpectorWho's doing what; who's going where.
February 24, 2010ALM Staff | Law Journal Newsletters |What is work? When does the workday begin and end? These seemingly easy questions are not so easy anymore. Here's why.
February 24, 2010Christopher A. Parlo and Michael J. PumaManaging the Compensable Workday in a New Electronic WorldMost 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.
February 24, 2010Eric MoscaThe 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.
February 24, 2010Joseph J. ZaknoenWhile 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.
February 24, 2010Sue HughesWith Word 2007, firms now have a viable option to lower their desktop software costs by foregoing the investment in outside the application document comparison products. Word 2007 now provides many features that were either poorly designed or absent in previous versions.
February 24, 2010Randall FarrarLaw firms have a variety of strategies that can address a client's need for ostensibly lower fees without putting the firm at a financial disadvantage.
February 24, 2010Ed Poll

