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This article discusses the business issues and challenges that are driving the need for lessors to reassess their IT strategy and approach. The focus of this discussion is on the factors management should consider as it examines the company's IT strategy for core leasing operations, <i>i.e.</i>, front-end and back-end systems.
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The Ninth Circuit recently examined an antitrust issue with significant relevance to the equipment leasing industry. In <i>Newcal v. IKON Office Solution</i>, competitors of a copier equipment provider, IKON Office Solution, alleged that defendant IKON used 'fraudulent practices' to secure and lengthen its customer contracts, thus reducing the ability of competing copier equipment providers to contest for 'aftermarket' business.'
On tax day, Miami-Dade Circuit Judge David C. Miller awarded $218 million in legal fees to Stanley and Susan Rosenblatt for years of work they put into now-defunct class action litigation against the nation's biggest cigarette makers.
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On April 8, 2008, the Third U.S. Circuit Court of Appeals issued a significant decision concerning the authority of federal regulatory agencies to pre-empt state tort claims, <i>Colacicco v. Apotex Inc.</i>, No. 6-5148.
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The Eighth U.S. Circuit Court of Appeals recently decertified a class of more than 11,000 plaintiffs in the Silzone heart valve litigation on the basis that individual questions regarding causation would predominate over any common issues related to the truth or falsity of the alleged misrepresentations.
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Recent rulings of interest to you and your practice.
Noting that Americans are living longer with fewer financial resources, a Long Island, NY, judge has refused to order a 59-year-old car salesman to pay lifetime maintenance to an ex-wife with health problems.
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It had to happen. While many in front of and behind the political scenes have fought the concept of same-sex marriage, the well-established principles of full faith and credit or comity make it inevitable that same-sex marriage and the concomitant right of those couples to divorce would be somehow recognized in New York.