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Features

What Happens When Nondischargeable Student Loan Is Later Determined to Be Dischargeable? Image

What Happens When Nondischargeable Student Loan Is Later Determined to Be Dischargeable?

Lawrence J. Kotler & Drew S. McGehrin

The U.S. Bankruptcy appellate panel for the Ninth Circuit addressed a matter of first impression: what happens when a debt that may be considered nondischargeable is later determined to be dischargeable, and more importantly, whether efforts to collect such a debt be exempt from penalties for violating the discharge injunction?

Columns & Departments

IP News Image

IP News

Howard Shire & Justin Tilghman

Under the discovery rule, a party who files a timely claim for copyright infringement can recover monetary damages, even for copyright claims that date back more than three years from when the lawsuit was filed.

Features

Debt Originations May Have Bottomed Image

Debt Originations May Have Bottomed

Erik Sherman

CRE debt organization has continued to slow but has reached a virtually flat position, according to Newmark's 1Q24 State of the U.S. Capital Markets.

Features

Worldwide Regulations Increasing Compliance Challenges Image

Worldwide Regulations Increasing Compliance Challenges

Chris O'Malley

Regulators worldwide — not just in the United States — are putting in place new programs and policies that will make steering clear of enforcement bunkers even more difficult. And one of the most worrisome, according to corporate attorneys, is a new DOJ pilot program that will provide stronger incentives for whistleblowers to rat out their co-workers and employers for misconduct.

Features

Big Law Looks To Influence Vendor-Developed AI Image

Big Law Looks To Influence Vendor-Developed AI

Justin Henry

In the AI edition of the classic "build versus buy" dilemma, some marquee firms have opted to leverage their position as the largest buyers of legal tech to influence vendor development of AI-powered services to suit their needs.

Features

Young Lawyers Cite 'Old School' Culture As Biggest Impact On Mental Health Image

Young Lawyers Cite 'Old School' Culture As Biggest Impact On Mental Health

Dan Roe

Lawyers of all ages reported being overstressed, overworked and underappreciated in The American Lawyer's annual mental health survey, but young lawyers in particular are struggling to live with the Big Law's grueling norms.

Features

Big Law Leverages Buyers Position to Influence AI Development to Suit Their Needs Image

Big Law Leverages Buyers Position to Influence AI Development to Suit Their Needs

Justin Henry

In the AI edition of the classic "build versus buy" dilemma, some marquee firms have opted to leverage their position as the largest buyers of legal tech to influence vendor development of AI-powered services to suit their needs.

Columns & Departments

Players On the Move Image

Players On the Move

Entertainment Law & Finance Staff

A look at moves among attorneys, law firms, companies and other players in entertainment law.

Features

Delaware Bankruptcy Judge Orders Fee Examiners for 'Larger Chapter 11 Cases' Image

Delaware Bankruptcy Judge Orders Fee Examiners for 'Larger Chapter 11 Cases'

Dan Roe

A rise in bankruptcies involving fraud and mass tort litigation is causing more bankruptcy lawyers to face scrutiny over their billing practices.

Features

5 Ways AI Strengthens Client Relationships and Revenue Generation Image

5 Ways AI Strengthens Client Relationships and Revenue Generation

Jody Glidden

Maintaining consistent communication with clients can be time-consuming for most law firm professionals. It requires a substantial commitment of resources to stay informed about recent events and developments relevant to the client's business. The time has never been better for firms to start introducing technology, like AI, to improve their overall business.

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MOST POPULAR STORIES

  • Risks of “Baseball Arbitration” in Resolving Real Estate Disputes
    “Baseball arbitration” refers to the process used in Major League Baseball in which if an eligible player's representative and the club ownership cannot reach a compensation agreement through negotiation, each party enters a final submission and during a formal hearing each side — player and management — presents its case and then the designated panel of arbitrators chooses one of the salary bids with no other result being allowed. This method has become increasingly popular even beyond the sport of baseball.
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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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