Discussion of the ongoing battle for post-petition interest for over-secured creditors under section 506(b).
September 02, 2014Steven B. Smith and Shaya M. Berger
Many individuals desire to acquire insurance on their lives using funds held in a qualified retirement plan. The acquisition of insurance using funds within an IRA is beneficial since the Plan uses tax deductible dollars to acquire the insurance. Furthermore, the Plan Funds are not otherwise being directly used by qualified plan participant (Participant) for the Participant.
September 02, 2014Lawrence L. BellThis is the fourth installment of a four-part series offering a model for attorneys to use when faced with the task of making sense out of a custody assessment.
September 02, 2014Jeffrey P. Wittmann, David A. Martindale and Timothy M. TippinsAs noted in Part One of this article, in Skilling v. United States, the U.S. Supreme Court limited the scope of the honest services fraud statute 18 U.S.C. ' 1346) to "bribery and kickback" schemes, yet did not define what a "bribery" or "kickback" scheme must entail. So the question becomes this: Must a "bribe or kickback" involve a quid pro quo?
September 02, 2014Gary Stein and Eli J. MarkIn a ruling with potentially far-reaching repercussions in the world of social media, a South Florida federal judge has ruled that a woman who created a Facebook page for the television series 'The Game' has no proprietary interest in the page that attracted 6.2 million likes.
August 29, 2014Julie KayA security breach that opened more than 6 million passwords to online viewing and spawned a putative class action will cost LinkedIn Corp. $1.25 million to settle.
August 29, 2014Lisa HoffmanA Houston woman filed a $123 million 'revenge porn' lawsuit against Facebook Inc. and a former 'friend,' alleging that the ex-friend launched an objectionable 'imposter' Facebook site under her name and that Facebook took months to deactivate the site, despite her repeated requests.
August 29, 2014Brenda Sapino JeffreysSocial networking app Grindr is battling a suit in New Jersey federal court brought by a man who alleges the site's lax age restrictions led him to have a liaison with an underage boy, for which he now faces criminal charges.
August 29, 2014Charles ToutantThe U.S. District Court for the Central District of California ruled that a plaintiffs' counsel in a video game litigation didn't libel a defendant in a statement the attorney posted on his law firm's website. Dreamstone Entertainment Ltd. v. Maysalward Inc., 2:14-cv-02063. Dreamstone entered into an agreement for Maysalward and its principal Nour Khrais to develop the mobile-device video game GHUL: 1001 Arabian Nights. But Dreamstone later sued, claiming Maysalward breached the contract and withheld financial…
August 28, 2014Stan SoocherUnited Parcel Service Inc. announced on Aug. 22 that it had suffered a data breach exposing customer information, but the unusual part of the news was that it caught and held the breach to just 1 percent of its stores nationwide, affecting about 105,000 customers.
August 28, 2014Sue Reisinger