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Features

Commercial Real Estate Debt Restructuring Image

Commercial Real Estate Debt Restructuring

Steve Huntley & Mark Richardson

To restructure loans experiencing maturity defaults effectively, the business, finance, and legal sectors must collaborate in a field that is as much art as it is science.

Features

In the Spotlight: Buildout Provisions in Office Leases Image

In the Spotlight: Buildout Provisions in Office Leases

Anthony Casareale

When it comes to building provisions, The signed lease should provide both parties with a clear roadmap to achieving a mutually acceptable result. Here's how.

Features

<b><i>Online Extra</b></i> Social Media Privacy Laws and the Financial Industry Image

<b><i>Online Extra</b></i> Social Media Privacy Laws and the Financial Industry

Lily M. Strumwasser

Many employers use publicly available Facebook pages, Twitter feeds, and other social media outlets as screening tools for job applicants. And they may also use them as a way to monitor employees. After all, a picture is worth a thousand words. A handful of employers, however, have pushed their due diligence even further than standard Internet searches.

<b><i>Online Extra</b></i> Fordham Spearheads Online Privacy Classes in Middle Schools Image

<b><i>Online Extra</b></i> Fordham Spearheads Online Privacy Classes in Middle Schools

Karen Sloan

Law students are heading back to middle school this year ' to teach kids about Internet privacy.

Features

Understanding Your Firm's Culture Image

Understanding Your Firm's Culture

Steve Armstrong & Tim Leishman

When law-firm leaders create or modify a firm's strategic goals, they typically do not spend enough time thinking through the ways in which they may have to change the culture if the strategy is to succeed.

Columns & Departments

At the Intersection: Magical Thinking Image

At the Intersection: Magical Thinking

Pamela Woldow

Even enlightened leaders often find it hard to get rank-and-file partners to align their individual near-term behaviors with the leaders' long-term strategic vision.

Features

Financial Considerations That Involve Your Partnership Agreement Image

Financial Considerations That Involve Your Partnership Agreement

Ed Poll

Is becoming a Partner still a realistic expectation in most large firms?

Features

Do Actions Speak Louder than Words? Image

Do Actions Speak Louder than Words?

Caroline Marks & Keven Drummond Eiber

Extrinsic evidence of past policy interpretation may take many forms, and one form is evidence of the parties' own course of performance with regard to the insurance policies at issue.

Features

Heading for the Exits Image

Heading for the Exits

Garland Reid & Eric Sidman

This article discusses select leasing issues from recent investment sales transactions, and suggests drafting pointers that can be used to avoid or limit the negative impact these issues may have on the sale of a property.

Columns & Departments

Business Crimes Hotline Image

Business Crimes Hotline

ALM Staff & Law Journal Newsletters

A discussion of recent key litigation.

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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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