Given that the raison d'etre of KERPs was to retain top management, it is perhaps ironic that debtors now must show that a compensation plan is not retentive ' or at least that retention is not its primary purpose ' in order to obtain bankruptcy court approval. This article offers a complete explanation and analysis.
The First Circuit recently added its weight to the list of authorities allowing as unsecured claims unreasonable prepayment penalties asserted by oversecured creditors, but, by implication, the court may have added further fuel to the debate regarding the allowability of claims by unsecured creditors for contractual, post-petition attorney fees ...
This month, LJN's Legal Tech Newsletter is proud to include its third annual special supplement highlighting and analyzing information from the 2007 American Bar Association Legal Technology Survey Report. The article is written by Stephen Stine, a Research Specialist for the American Bar Association's Legal Technology Resource Center.
In 2007, the American Bar Association's Legal Technology Resource Center surveyed its lawyer members in private practice on their use of technology in the practice of law, and released its findings in the American Bar Association's 2007 Legal Technology Survey Report. What law office and mobile technologies are lawyers using to power their law practices? Are lawyers going paperless? Are they hopping on the Web 2.0 bandwagon? This article examines data from the survey to help answer these questions.
Commentary on the latest cases.
A look at a recent ruling of importance.
In-depth analysis of recent rulings.
Everything contained in this issue, in an easy-to-read format.
What power does a municipality's counsel have to settle a zoning dispute on terms that would ordinarily require the exercise of discretionary authority by a zoning board of appeals (ZBA) or by a planning board? In Matter of Commco, Inc. v. Amelkin, which was decided more than 20 years ago, the Court of Appeals indicated that counsel had no such settlement power, even if counsel acted with the approval of the municipality's elected governing body.
