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How to Check a Privately-Held Company's Creditworthiness Image

How to Check a Privately-Held Company's Creditworthiness

Kenneth A. Rosen

How do you check on a company's creditworthiness when the company is privately held and does not make its financial statements publicly available? The answer is that you need to check alternative sources of information for hints as to whether the company is experiencing problems. This article provides some questions to ask to help recognize the warning signs in the answers.

Features

Copyright Suit Over Miley Cyrus' Hit 'Flowers' Tests Copyright Defenses for "Response" Songs Image

Copyright Suit Over Miley Cyrus' Hit 'Flowers' Tests Copyright Defenses for "Response" Songs

Michelle Morgante

The suit raises the issue of whether "response" songs can have legal protection from copyright owners of the song that generated the response composition.

Features

The Seventh Circuit's Decision In 'Motorola v. Hytera': Examining the Extraterritoriality of the DTSA Image

The Seventh Circuit's Decision In 'Motorola v. Hytera': Examining the Extraterritoriality of the DTSA

Jie Gao & Hunter Hendrix

Can a company's trade secrets misused abroad give recourse on the extraterritoriality of the Defend Trade Secrets Act? Yes, said the 7th Circuit in an important new case which provides a roadmap for future cases involving international trade secret theft, finding liability for foreign misappropriation triggered by a domestic act.

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Fifth Circuit: Subchapter V Corporate Debtors Are Subject to Discharge Exceptions Image

Fifth Circuit: Subchapter V Corporate Debtors Are Subject to Discharge Exceptions

Lawrence J. Kotler & Elisa Hyder

In the case of Avion Funding v. GFS Industries, the Fifth Circuit held that corporate debtors that elect to proceed under Subchapter V of Chapter 11 are, pursuant to Section 1192 of the Bankruptcy Code, subject to the discharge exceptions set forth in Section 523 of the Bankruptcy Code.

Features

How to Help Lawyers Embrace a Sales Mindset Image

How to Help Lawyers Embrace a Sales Mindset

Meg Pritchard

The idea that lawyers and firms don't — or shouldn't — "sell" to clients and prospects remains widespread. It's time we change this perspective. It's neither practical nor sustainable in a legal services marketplace, where competition to keep clients and attract new ones is intense and the ability to stand out from the crowd is increasingly challenging for both lawyers and firms. It's also not what clients want or what serves them best in the long run.

Features

Don't Sleep On Prohibitions on the Assignability of Leases Image

Don't Sleep On Prohibitions on the Assignability of Leases

Kevin M. Levy & Krystal R. Bordoni-Cowley

Attorneys advising commercial tenants on commercial lease documents should not sleep on prohibitions or other limitations on their client's rights to assign or transfer their interests in the leasehold estate. Assignment and transfer provisions are just as important as the base rent or any default clauses, especially in the era where tenants are searching for increased flexibility to maneuver in the hybrid working environment where the future of in-person use of real estate remains unclear.

Columns & Departments

Fresh Filings Image

Fresh Filings

Entertainment Law & Finance Staff

Notable recent court filings in entertainment law.

Features

FTC Noncompete Ban Blocked By Federal Court Image

FTC Noncompete Ban Blocked By Federal Court

Ryan Glasgow, Christopher Pardo & Katherine Sandberg

Regardless of whether the FTC's Final Rule ever becomes effective, that will not impact the growing number of state laws that regulate noncompetes and other types of restrictive covenants, meaning that the overall issue of restrictive covenant strategy and compliance remains alive for nearly all employers, even while the Final Rule is currently set aside.

Features

Hold On, I'm Suing: Artists' Copyright Claims over the Trump Campaign's Use of Their Music and What Some Courts Have Ruled In Similar Instances Image

Hold On, I'm Suing: Artists' Copyright Claims over the Trump Campaign's Use of Their Music and What Some Courts Have Ruled In Similar Instances

Stan Soocher

Artists protesting the use of their music in political campaign settings and threatening to sue has been in the news a lot this election season. This article provides a refresher on the smattering of notable decisions as well as a look at the latest in the lawsuit by the estate of Isaac Hayes over the Trump campaign's use of the classic soul song "Hold On, I'm Coming."

Features

CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit Image

CoStar Wins Injunction for Breach-of-Contract Damages In CRE Database Access Lawsuit

Sulaiman Abdur-Rahman

Latham & Watkins helped the largest U.S. commercial real estate research company prevail in a breach-of-contract dispute in District of Columbia federal court.

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