Columns & Departments
Litigation
Analysis of a recent key ruling.
Features
How Windsor Has Made Hiding Money Harder
The Supreme Court's decision in <I>Windsor</I> will hamper same-sex spouses' ability to hide assets from each other, from the government, and from the public.
Features
Swimming in the Wake of Windsor
All the benefits from the same-sex marriage ruling that can and will affect family law.
Features
How to Succeed in a Relocation Case
It can be a difficult task to persuade a court that it should permit the relocation of a child. Here's what the courts say.
The Calm Before the Storm Is the Time to Consider Insurance Coverage
Last month, we discussed the fact that, although there were no major hurricanes in 2013, the calm before the next storm is an opportune time for a company to consider the adequacy of its insurance program. We conclude herein.
Complete Exhaustion of Primary Coverage
The importance of including clear exhaustion language in excess policies, and the impact that settlements with primary insurers could potentially have when seeking to recover from higher-level policies.
Features
Coverage Disputes over Data Breach
As more companies have experienced data breaches, we have seen an increasing number of disputes over whether insurance policies will help pay for them.
Columns & Departments
In the Courts
In-depth analysis of a recent key ruling.
Features
Brazil Enacts Long-Pending Anti-Corruption Legislation
As discussed in Part Two of this article, violation of the law may result in administrative proceedings being brought against a corporate entity, but another method of enforcement is also authorized.
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- Private Equity Valuation: A Significant DecisionInsiders (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.Read More ›
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