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The Era of 'Busted Deals'? Image

The Era of 'Busted Deals'?

Matthew J. Botica

The current financial environment has generated an atmosphere where not only are fewer "deals" taking place, but also many deals that are far down the path of consummation may fall apart. It is safe to assume we will continue to see a number of "busted deals."

Trustee Liability and the Curious Case of Maxwell v. KPMG, LLP Image

Trustee Liability and the Curious Case of Maxwell v. KPMG, LLP

Peter J. Roberts & Gordon E. Gouveia

Last year, Judge Richard A. Posner of the Seventh Circuit Court of Appeals wrote an opinion that sent shockwaves throughout the bankruptcy community, particularly in trustee circles. The shocking part of <i>Maxwell v. KPMG, LLP</i> was not its holding, but its dicta.

The Leasing Hotline Image

The Leasing Hotline

ALM Staff & Law Journal Newsletters

Recent rulings of interest to you and your practice.

Anti-Idling Laws: Landlords and Tenants Beware Image

Anti-Idling Laws: Landlords and Tenants Beware

Jay Farris, Jeff Adams & Doug Cloud

Over the past two years, many states have passed "anti-idling" laws that prohibit excessive motor vehicle idling. The focus of these laws is on owners and operators of larger commercial vehicles, many are written so broadly that enforcement procedures and fines can be imposed on landlords/property owners and tenants of property ...

Features

The Most Crucial Commercial Lease Cases Image

The Most Crucial Commercial Lease Cases

Adam Leitman Bailey & Dov Treiman

The first part of this article, which appeared in the December 2008 issue, discussed cases that address the preference for stability over sense, mitigation and interpretation of leases. The second part, which appeared in the February 2009 issue, discussed cases that address enforcement and violations. The cases in the conclusion herein address stipulations and eviction.

In the Spotlight: Bankruptcy Strategies for Commercial Landlords, Tenants, Lenders, and Real Estate Investors Image

In the Spotlight: Bankruptcy Strategies for Commercial Landlords, Tenants, Lenders, and Real Estate Investors

Jeffrey Rich

This is the third part in a series dealing with the subject of bankruptcy strategies and considerations for commercial landlords, tenants, lenders and real estate investors. These alerts are intended to highlight for our readers some of the key issues they may wish to consider in connection with the subjects discussed.

Features

How to Create Common and Uncommon Assignment/Subletting Problems Image

How to Create Common and Uncommon Assignment/Subletting Problems

Ira Meislik

Under common law, absent a lease restriction, tenants had been free to assign their leasehold interest to others or to sublet all or part of their leased space. That rule of law is of little consequence today because virtually all leases restrict assignment and subletting rights, often in excruciating detail.

In the Courts Image

In the Courts

ALM Staff & Law Journal Newsletters

Analysis of recent high-profile cases.

Business Crimes Hotline Image

Business Crimes Hotline

ALM Staff & Law Journal Newsletters

Recent national cases of interest.

Off-Label Promotion of Drugs and Medical Devices Image

Off-Label Promotion of Drugs and Medical Devices

Michael Kendall & Nicole Colby Longton

A spate of billion- and hundred-million-dollar settlements with the Department of Justice (DOJ) illustrates how the investigation of off-label promotions of drugs and devices has emerged as a predominant theory in pharmaceutical and medical-device prosecutions.

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