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Bit Parts Image

Bit Parts

Stan Soocher

Items of interest in entertainment law.

Features

<b><i>Clause & Effect</b></i>Challenges in Drafting Clauses to Arbitrate Image

<b><i>Clause & Effect</b></i>Challenges in Drafting Clauses to Arbitrate

Stan Soocher

Parties to entertainment industry agreements often include a provision for the arbitration of contract disputes. This may be motivated by the lower cost and less formality than court proceedings that arbitration can offer, as well as the ability to keep arbitrated disputes out of public view. But the simple language of an arbitration clause can lead to challenges over whether the arbitration process was proper.

Inside the Taco Bell Case Image

Inside the Taco Bell Case

Daniel P. Ettinger

Competition in all aspects of the entertainment world - from television to movies, to the record industry, to the Internet, to the video game industry - has grown quite fierce over the past decade. The stakes are higher than ever. So is the demand for successful, breakthrough ideas. Consequently, cases alleging the theft of creative ideas are becoming more and more common. A recent case in which this writer served as plaintiffs' co-counsel demonstrates how substantial damages can be in lawsuits over ideas.

The Most Feared Battle Waged in Litigation Image

The Most Feared Battle Waged in Litigation

Scott Edward Cole & Matthew R. Bainer

The following is a primer on the "leniency" standard for FLSA actions, and its interplay with Rule 23 guidelines. Why do we need a primer? Well, if one were so disposed as to survey a sufficient number of well-regarded class action practitioners, the result of that inquiry would most assuredly be a virtual consensus that the quest for class certification is, to a targeted defendant, the most feared battle waged in litigation.

National Litigation Hotline Image

National Litigation Hotline

ALM Staff & Law Journal Newsletters

Recent cases of importance to your practice.

Recent Developments from Around the States Image

Recent Developments from Around the States

ALM Staff & Law Journal Newsletters

Cases around the states of interest to your practice.

E-mails: 'Smoking Guns' in Employment Litigation Image

E-mails: 'Smoking Guns' in Employment Litigation

Ruth D. Raisfeld

E-mail traffic by employees in the workplace has proven to be key evidence in recent criminal and civil investigations of public companies like Martha Stewart Omnimedia, Merrill Lynch, Citibank and other Wall Street firms.

Features

Develoments of Note Image

Develoments of Note

ALM Staff & Law Journal Newsletters

Recent developments in the e-commerce world.

Features

<b><i>You Need To Know</i>The FTC Safeguards Rule: An Expansion of Gramm-Leach-Bliley</b></i> Image

<b><i>You Need To Know</i>The FTC Safeguards Rule: An Expansion of Gramm-Leach-Bliley</b></i>

Marie Flores

Just when businesses thought their privacy policies were finally perfect and that it was safe to assume they had seen the last of the privacy laws, the issue struck again. And this time, it struck where businesses and their legal advisers might least have expected it, turning regular e-businesses into "financial institutions" and requiring implementation of yet another set of rules.

e-Commerce Docket Sheet Image

e-Commerce Docket Sheet

ALM Staff & Law Journal Newsletters

Summaries of recent cases in e-commerce.

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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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