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Features

Data Sharing in the Cloud

Gregory Mottla & L. Elise Dieterich

Storing and sharing data "in the cloud" has become, in many instances, a business necessity. The practical and economic advantages of cloud computing are clear ' it eliminates the need to send client data via traditional, costly methods, and is significantly less expensive than building and maintaining the same data storage capacity in-house.

Features

Collateral Descriptions and Blanket Liens

Barbara M. Goodstein

Describing the collateral for an all-assets lien intuitively might seem easy. However, getting collateral descriptions correct under the rules of Article 9 of the Uniform Commercial Code (UCC) has challenged secured lenders for decades, and all-assets liens are no exception. A look at two recent cases.

Features

Underground Storage Tanks

Brian Margolies

There are over a half-million underground storage tanks in the U.S. containing petroleum or other substances that are subject to federal regulation. This is in addition to the countless underground and above-ground tanks storing heating oil or other substances that are not subject to federal oversight. This article presents a regulatory overview and discusses coverage issues.

Cooperatives & Condominiums

ljnstaff & Law Journal Newsletters

The purchaser of a cooperative apartment at a non-judicial foreclosure sale faces an uphill battle to regain possession of the property from an unwilling prior owner. Here's why. Also, a look at an action by a co-op unit owner against the co-op for trespass, conversion, and breach of the covenant of quiet enjoyment.

MT Court: Companies Must Show Prejudice to Avoid Coverage Based on Late Notice

Michael T. Sharkey

In two recent decisions, the Montana Supreme Court held that an insurance company seeking to deny coverage on the grounds of a policyholder's untimely notice must establish that it was prejudiced by the timing of notice.

Features

District Court Affirms Cramdown Interest Rate Calculation

Robert W. Dremluk

An update on the <I>Momentive</I> series of cases regarding the cramdown interest rate. Where do we go from here?

Columns & Departments

Real Property Law

ALM Staff & Law Journal Newsletters

Litigation involving a forgery claim; partition and sale; a foreclosure proceeding; restrictive covenants; and recovery of damages for breach of a title insurance policy.

Features

Tackle Billing Now To Avoid a Year-End Surprise

Randy Evans & Shari Klevens

Attorneys rarely think about billings and collections in the summer. Instead, those are topics often left to the year-end collections push. By waiting, however, attorneys lose money, assume risks and otherwise miss important red flags for potential problems that can be avoided or resolved.

Features

Easy-to-Use Collection Technology Leads to Lower e-Discovery Costs

Brad Harris

Corporate legal departments are all about cost control and efficient processes, yet when hit with a new investigation or lawsuit, legal teams often reflexively fall back on the "collect everything" mentality. The emergence of targeted and remote collection technologies now makes it possible for corporations to collect in a legally defensible way that reduces cost and minimizes business disruption.

Features

Law Firm 3.0: Compensation, Billable Hour Limiting Firms' Success

Hank Grezlak & Gina Passarella

This is the second installment of a series examining the shift in law firm business models and the issues law firms must address to remain competitive in a new age of providing legal services. The third installment will appear later this year.

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