Decisions of Interest
Recent rulings of importance to you and your practice.
Defenses to Return under the Hague Convention
The Hague Convention establishes four defenses to the return of a child who has been wrongly taken from its habitual residence. A respondent who opposes the return of the child has the burden of establishing by clear and convincing evidence that one of the exceptions set forth in articles 13b or 20 of the Convention applies, and, by a preponderance of the evidence, that any other exception set forth in article 12 or 13 of the Convention applies. This final installment of a three-part article explains.
Hiding the Assets
A common concern for matrimonial litigants is the age-old wish to keep as many marital assets as possible out of the hands of 'that man (or woman).' Attorneys often have to calm their clients and discuss with them the realities of property distribution in this State. Hopefully, the clients listen and agree to proceed according to law. Sometimes, however, divorcing parties resort to self-help methods to try to hide assets from their spouses.
The Changing Landscape of Divorce
New York remains the only state requiring establishment of fault in divorce, but the Miller Commission last year called for legislation to permit no-fault divorce in New York State. Despite the commission's recommendation and the actual passage of a bill by the New York State Assembly to establish irreconcilable differences as a ground for divorce, legislation enacting this ground has once again become stalled in the legislature.
Working Capital Issues for the Law Firm
Last month's installment addressed working capital issues including client costs advanced and the capital drain of a growing business. The conclusion of this series discusses retirement and risk tolerance.
Hang Together, or Be Hung Separately: The Collective Compensation Dynamic
This article discusses the integrated approach that is necessary between law firm fees, collection, and lawyer compensation.
Want to Assure Your Firm's Future? Plan for Disaster
The U.S. Department of Labor says most companies that experience a major disaster are out of business within five years, because only 25% of companies have a disaster plan. This article provides guidance as to how your law firm can plan for disaster.
Strategies for Coping with Recession
This article describes several strategies that a managing partner should consider when developing a plan to survive a recession.
Features
Real Estate Minority Interest Discounts in Divorce Cases
Matrimonial attorneys are all familiar with the concept of minority interests in closely held businesses, but there is not that much litigation in divorce cases concerning real estate, in which a litigating party owns less than a 50% share. Often, the same valuation theories that apply to corporations apply to real estate interests. Moreover, a creative use of those theories can help your client greatly.
Need Help?
- Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
- Need other assistance? email Customer Service or call 1-877-256-2472.
MOST POPULAR STORIES
- The DOJ's Corporate Enforcement Policy: One Year LaterThe DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.Read More ›
- The DOJ's New Parameters for Evaluating Corporate Compliance ProgramsThe parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.Read More ›
- What Happens to Surplus Funds in Tax Lien Foreclosures?When a sale follows a municipality's foreclosure on a tax lien, who is entitled to sale proceeds that exceed the amount of the tax lien?Read More ›
- Use of Deferred Prosecution Agreements In White Collar InvestigationsThis article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.Read More ›
- Marketing Analytics: More Is Not Always BestIn the past few decades, law firms have made great strides in catching up with the rest of the corporate world and are reaping the benefits of all kinds of marketing. This acceptance by firm management is in great part due to an increased appreciation of analytics, made possible by digital marketing and social media.Read More ›
