LJN Newsletters

  • Real Estate Loan Workout: Exchange of Enhancements for Concessions

    As a result of the coronavirus pandemic, a property owner might reach out to its lender for urgent, needed debt relief. The lender, which strives for a performing asset, an on-going relationship with its customer makes concessions. In exchange for these concessions, the lender should obtain credit and legal enhancements., which should also enable the lender to make concessions that are more meaningful to the property owner, its investors, its tenants and its business.

    July 01, 2020Richard S. Fries

  • Co-ops and Condominiums

    Sponsor Correctly Calculated Reserve Fund Shareholder Did Not Breach Survival of Closing Affidavit

    July 01, 2020ssalkin

  • Recent Court Views on "Making Available" Controversy In Copyright Infringement

    Federal courts have long disagreed over whether the unauthorized "making available" of a plaintiff's works to the public is sufficient to constitute copyright infringement under the U.S. Copyright Act. Two June District Court decisions demonstrated the differences between the views of the Fourth and Ninth Circuits.

    July 01, 2020Stan Soocher

  • What TARP Investigations Can Teach Us About Stimulus Fraud

    For more than 10 years, federal investigators have investigated criminal conduct in connection with the 2008 recession-era TARP program. From those investigations, U.S. Attorneys across the country brought cases and earned convictions for offenses spanning the federal criminal code. We can expect that these same agencies will use the same techniques and strategies to investigate crimes and bring cases involving fraud related to the COVID-19 stimulus packages.

    July 01, 2020Terence M. Grugan, David L. Axelrod and Emilia McKee Vassallo

  • Estate Professionals Can Be Compensated for Services Performed Before Entry of a Retention Order, Even Without Nunc Pro Tunc Orders

    Bankruptcy professionals should be relieved by a recent decision holding that although nunc pro tunc orders approving a professional's retention are now considered "inappropriate" in light of the Supreme Court's decision in Roman Catholic Archdiocese of San Juan, there is nothing in the Bankruptcy Code, Bankruptcy Rules, or applicable case law preventing an award of compensation before a retention order is entered.

    July 01, 2020Sheryl P. Giugliano

  • Defense Counsel Discuss Outcome in Dance Steps Case

    Kirkland & Ellis has notched a win in cutting-edge litigation that questions the protectability of dance steps, what constitutes choreography and the relationship between copyright, and right of publicity and trademark law.

    July 01, 2020Jenna Greene

  • Introducing Pricing Transparency to Legal Services

    The COVID-19 crisis has caused a money crunch across industries, and CLD budgets are tightening. This downturn demands that CLDs stop writing blank checks for services of indeterminate scope and duration. Here are some ideas for law departments looking to do better.

    July 01, 2020Nathan Cemenska

  • Law Firm Leasing Drops During COVID-19

    Overall, the pandemic will likely result in long-term changes for law firm offices. While law firm leasing activity will eventually pick up, firms may decrease their overall footprints, taking up 10% to 15% less square footage because some people will continue working from home.

    July 01, 2020Christine Simmons