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Features

Easy As FMV: Modern Fair Market Value Renewal Methods Image

Easy As FMV: Modern Fair Market Value Renewal Methods

John G. Kelly

This article discusses the competing interests and criteria of landlords and tenants in defining fair market value, explores various mechanisms used for resolving disputes over fair market rental rates, and concludes with proposed language that represents a healthy compromise for both sides.

Features

Public Trust Doctrine Thwarts Willets Point Redevelopment Image

Public Trust Doctrine Thwarts Willets Point Redevelopment

Stewart E. Sterk

In <i>Matter of Avella v. City of New York,</i> the Court of Appeals enjoined development of a retail mall on what is now Citi Field's parking lot, holding that the development proposal would constitute an impermissible alienation of parkland by the City of New York.

Features

Trial Judge Acts Over Hacking of Plaintiffs' Emails In Media Dispute Image

Trial Judge Acts Over Hacking of Plaintiffs' Emails In Media Dispute

Jason Grant

A New York trial court judge struck a defendant's answer in a media-based breach of fiduciary duty and unfair competition suit, after finding that 2,000 emails, including attorney-client privileged information possessed by the plaintiffs, had been hacked and stolen.

Features

Law Firm Strategy Execs Wield Uneven Clout Image

Law Firm Strategy Execs Wield Uneven Clout

Lizzy McLellan

The role of chief strategy officer (CSO) — increasingly common in corporate America — has been adopted by relatively few law firms. Consultants say perceptions of what the position entails and whether it's necessary vary widely throughout the legal industry.

Features

Product Liability, Bankruptcy and the Proceeds of Legal Action Image

Product Liability, Bankruptcy and the Proceeds of Legal Action

Janice G. Inman

A recent case dealt with an unusual question presented to a bankruptcy court by a debtor's medical device product liability claim: If, at the time of bankruptcy filing, the debtor has a potential civil claim that lacks some of the elements necessary for recovery (which elements may never develop), yet later receives settlement, are the proceeds of that settlement part of the bankruptcy estate?

Features

U.S. Supreme Court Speaks on Discovery Sanctions Image

U.S. Supreme Court Speaks on Discovery Sanctions

Michael Hoenig

It is rare for a discovery sanction case to reach the nation's highest court. But on April 18, the U.S. Supreme Court issued its decision in<I> Goodyear Tire & Rubber Co. v. Haeger</I>, reversing a $2.7 million sanctions award that had been rendered by an Arizona district court and affirmed by a divided Ninth Circuit panel.

Features

<b><i>Online Extra</b></i><br> Snap Accused of Infringing Patents With Snapchat Tech Image

<b><i>Online Extra</b></i><br> Snap Accused of Infringing Patents With Snapchat Tech

Tom McParland

A Texas company has accused Snap Inc. of infringing four patents with systems that allow Snapchat users to scan "Snapcodes" and add friends on the popular social networking app.

Columns & Departments

Cooperatives & Condominiums Image

Cooperatives & Condominiums

ssalkin & Law Journal Newsletters

Discussion and analysis of a case involving enclosing a balcony.

Features

Compensation Plans: Director-Specific Limits Image

Compensation Plans: Director-Specific Limits

Christopher B. Chuff, Joanna J. Cline, Douglass D. Herrmann & James H.S. Levine

A recent decision by the Delaware Court of Chancery serves as a reminder that boards of directors of Delaware corporations should consider amending their companies' director compensation plans to include specific limits on the amount of compensation that a director may be awarded in a given year, and obtaining stockholder approval of such compensation plans.

Features

Forensic Accounting: When Do You Need It? Image

Forensic Accounting: When Do You Need It?

Ken Stalcup, Penny Lutocka & Ross Koble

Most matrimonial attorneys have heard a client, typically the "out-spouse" in a marriage with a business interest, say, "The books are cooked," or "Personal expenses are being paid by the business," or "The accounting records are fiction." Failing to probe these issues may cost your client a lot of money when the asset division takes place, and may leave him or her dissatisfied with your representation.

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