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Leaning on Trusted Partners to Drive Legal Tech Adoption and Avoid Failed Implementation Image

Leaning on Trusted Partners to Drive Legal Tech Adoption and Avoid Failed Implementation

Mark Wilcox

Turning to familiar, trusted partners to help navigate the unruly waters of change management, adoption and an ocean of new legal technology options.

Features

Texas App. Court's Ruling in Suit By Band Member's Lawyer Image

Texas App. Court's Ruling in Suit By Band Member's Lawyer

Adolfo Pesquera

A.B. Quintanilla III, founding member and leader of the Latin music group Kumbia Kings, prevailed on appeal in a dispute with a Texas attorney who claimed Quintanilla conspired to cut the lawyer out of his alleged share of a settlement.

Features

FTX Bankruptcy Sends Tremors Through Crypto Regulation Image

FTX Bankruptcy Sends Tremors Through Crypto Regulation

Steven Salkin

The sudden and spectacular crash of crypto-exchange FTX will send long-lasting tremors through both the nation's financial regulatory and bankruptcy landscapes.

Features

Attorneys Can Have Their (Hybrid) Cake and Eat It, Too Image

Attorneys Can Have Their (Hybrid) Cake and Eat It, Too

AshLea Allberry

Lawyers, especially young lawyers, want to work from home. But there are downsides, such as a decrease in networking and personal relationships. How can technology help balance these out so that attorneys and law firms can have their cake and eat it too.

Features

Legal Malpractice Suit Involving Celebrity Memorabilia Can Proceed Image

Legal Malpractice Suit Involving Celebrity Memorabilia Can Proceed

Jason Grant

A New York appeals court rejected a Manhattan boutique law firm's attempt to dismiss a malpractice action against it, finding that questions remained as to whether the statute of limitations for the claim was tolled and if the firm received sufficient notice about a bankruptcy that prevented its client from collecting a judgment.

Features

Another Appellate Court Vacates A Bankruptcy Court Contempt Judgment Image

Another Appellate Court Vacates A Bankruptcy Court Contempt Judgment

Michael L. Cook

The Southern District of New York vacated a bankruptcy court's judgment holding a debtor's business competitor "in contempt for violation of the [Bankruptcy Code's] automatic stay … and assessing sanctions" of $19.2 million.

Features

How Attorneys Can Have Their (Hybrid) Cake and Eat It, Too Image

How Attorneys Can Have Their (Hybrid) Cake and Eat It, Too

AshLea Allberry

No one would have predicted hybrid operations — but hybrid is here to stay. Firms have a lot to gain in terms of creating a new culture that attorneys love but that new culture will be built on flexibility and dynamism only technology can manage.

Features

Questions About Fox Corp. CLO Bar Licensing Image

Questions About Fox Corp. CLO Bar Licensing

Greg Andrews

The chief legal officer of Fox Corp. since 2018 didn't become licensed in California until this summer, a delay one law professor described as a "big screw up" that might expose his communications with fellow Fox executives to public disclosure in the multibillion-dollar defamation litigation brought by two voting companies.

Features

Online Harassment In the Workplace Image

Online Harassment In the Workplace

Jonathan Bick

As businesses expand their use of augmented reality games for the purpose of meeting and recruitment, internet harassment has become more prominent, particularly workplace sexual harassment.

Features

What Can We Learn from the FTX Bankruptcy? Image

What Can We Learn from the FTX Bankruptcy?

Steven Salkin

The sudden and spectacular crash of crypto-exchange FTX will send long-lasting tremors through both the nation's financial regulatory and bankruptcy landscapes.

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    “Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
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    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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