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LJN Newsletters

  • In order to recover for any injury caused by a product, the product must be proven to have been defective. Yet many product injuries are caused by defects that are not readily ascertainable. Does that mean you should reject the case or discontinue?

    November 01, 2003Lawrence Goldhirsch
  • If you are involved in litigation concerning a substance regulated by the Environmental Protection Agency (EPA), the agency has a Web site where you can review dockets and documents: http://cascade.epa.gov/RightSite/dk_public_home.htm. EPA Dockets (EDOCKET) is an online public docket and comment system designed to expand access to documents in the EPA's major dockets. Dockets contain Federal Register notices, support documents, and public comments for regulations the Agency publishes and various nonregulatory activities.

    November 01, 2003ALM Staff | Law Journal Newsletters |
  • Psychologists, psychiatrists, and licensed social workers routinely testify as experts in both criminal and civil cases in which the mental condition of an individual is at issue. While the credentials and qualifications of such experts may not always be subject to challenge, the reliability and relevance of their proffered testimony should be examined closely. Regardless of the conclusion generated, the inquiry into a mental health professional's opinion must be one that looks to the principles and methods used, not the ultimate conclusion reached. Daubert v. Merrill Dow Pharmaceuticals, Inc., 509 U.S. 579, 595 (1993).

    November 01, 2003Maureen O'Connor and James H. Rotondo
  • In a Sept. 25, 2003, opinion, the Florida Supreme Court held that a claim under the Florida Uniform Fraudulent Transfer Act (FUFTA) does not need to be stayed until a judgment is obtained against the alleged fraudulent transferor. Friedman v. Heart Institute of Port St. Lucie, Inc., 2003 WL 22208004 (Fla. 2003).

    November 01, 2003Steven N. Lippman
  • A Missouri bankruptcy court has permitted a creditor to take possession of spare aircraft parts and equipment from a debtor despite the fact that the creditor failed to perfect its security interest in the equipment. In an issue of first impression in the Sixth Circuit, the court held that under the plain language of Section 1110 of the Bankruptcy Code, a creditor, as a conditional vendor, had a right to take possession of the collateral pursuant to its agreement with the debtor, and that this right was not limited or otherwise affected by any other section of the Code (including Section 544) or by any power of the court. Vanguard Airlines, Inc. v. International Aero Components, Inc., 295 B.R. 908 (Bkrtcy.W.D.Mo.,2003).

    November 01, 2003Adam Schlagman
  • The Association of Consumer Vehicle Lessors (ACVL) of Nashville, TN has released its "New York Vicarious Liability Survey," which casts an ominous cloud over the future of consumer vehicle leasing in New York State. The survey, conducted in September 2003, details the magnitude and effects of vicarious liability suits against ACVL member companies in New York from Jan. 1, 2000 to June 30, 2003. The results evidence the enormity of the vicarious liability claims filed against New York consumer vehicle lessors and explain why some ACVL member lessors have suspended their leasing programs in New York altogether while others have imposed special fees for leases written in New York.

    November 01, 2003ALM Staff | Law Journal Newsletters |
  • On July 23, 2003, the Financial Accounting Standards Board (FASB) approved the issuance of five FASB Staff Positions (FSPs) providing guidance on the application of FASB Interpretation No. 46, Consolidation of Variable Interest Entities. (An FSP is the means by which the FASB staff communicates its views on the proper application of FASB literature when it believes there is only one acceptable interpretation. Prior to February 2003, FASB staff guidance was communicated through Staff Implementation Guides or announcements at meetings of the FASB's Emerging Issues Task Force.)

    November 01, 2003Jeffrey H. Ellis
  • Highlights of the latest equipment leasing cases from across the country.

    November 01, 2003ALM Staff | Law Journal Newsletters |
  • Recent rulings of importance to your practice.

    November 01, 2003ALM Staff | Law Journal Newsletters |
  • Analysis of recent rulings you need to know.

    November 01, 2003ALM Staff | Law Journal Newsletters |