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Features

The Insurer's Right to Settle: Unfettered Discretion Or Balancing Act Image

The Insurer's Right to Settle: Unfettered Discretion Or Balancing Act

Kristopher T. Wilson

As a practical matter, the decision of whether to settle claims brought against a policyholder is typically left to the insurer. The interests of the insurer and the policyholder are typically aligned, whether it is because of the policyholder's inherent desire to resolve the litigation or the insurer's vastly greater experience in defending and settling claims.

Counsel Concerns Image

Counsel Concerns

ALM Staff & Law Journal Newsletters

The U.S. District Court for the Southern District of New York vacated sanctions issued against an attorney representing the estate of Tarzan illustrator Burne Hogarth, which had sued over rights in Hogarth's works following the release of The Walt Disney Co.'s animated "Tarzan" movie.

Features

Courthouse Steps Image

Courthouse Steps

ALM Staff & Law Journal Newsletters

Recently filed cases in entertainment law, straight from the steps of the Los Angeles Superior Court.

Bit Parts Image

Bit Parts

Stan Soocher

Recent developments in entertainment law. <p>This month:<br>Agent Commissions/Arbitration Awards<br>Documentaries/Defamation<br>Downloading/Default Judgment<br>DVD Distribution/Preliminary Injunctions<br>Tax Liability/Royalty Statements

Features

Clause & Effect Image

Clause & Effect

Stan Soocher

Agency Agreements/Commissions<br>Recording Contracts/Copyright Renewals

Features

<b>Commentary:</b> 'Unanimous' Vote In Grokster Has Split Views Image

<b>Commentary:</b> 'Unanimous' Vote In Grokster Has Split Views

Susanna Frederick Fischer

In its opinion, the Supreme Court clearly focused the test for copyright infringement liability on the subjective question of the purpose of the software's distribution ' an approach that better comports with basic notions of fairness than that of the courts below. But read together, the plurality opinion and two concurring opinions raise a new set of disquieting questions.

Features

<b>Decision of Note: </b>'Holla Back' Hook Not Infringing Image

<b>Decision of Note: </b>'Holla Back' Hook Not Infringing

ALM Staff & Law Journal Newsletters

The U.S. District Court for the Southern District of New York ruled that there was no substantial similarity between the hook in the plaintiff's song and the hook in the defendant's song that would support an inference of copying

Cameo Clips Image

Cameo Clips

ALM Staff & Law Journal Newsletters

Recent cases in entertainment law.

Issues in Licensing Music for Podcasts Image

Issues in Licensing Music for Podcasts

Steve Gordon

Even amateur podcasters know that there are legal concerns with podcasting music. As the law stands now, a podcaster must secure permission for every copyrighted sound-recording master. This would be extremely time-consuming and expensive ' even for NPR, let alone individual podcasters. On the other hand, acquiring the rights to use the songs embodied in podcasts may not be as big a problem because the statutory compulsory license applicable to the mechanical reproduction of musical compositions probably applies to podcasts. In addition, blanket public-performance licenses are already offered by ASCAP, BMI and SESAC.

Legislative Recommendations By The Canadian Task Force On Spam Legislation, Regulation And Enforcement Image

Legislative Recommendations By The Canadian Task Force On Spam Legislation, Regulation And Enforcement

ALM Staff & Law Journal Newsletters

The following points are from the task force's report. Numbering was kept from the report for reference purposes. Canadian spellings were also retained.…

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MOST POPULAR STORIES

  • Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
    “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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  • Private Equity Valuation: A Significant Decision
    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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