Why Clients Fire Firms
Why are firms losing important, blue-chip clients? Let us count the ways ...
Fixed Assets
This article is the fifth installment in an ongoing series focusing on accounting and financial matters for corporate counsel.
Features
Lender Liability for the Acts of Settlement Agents
What happens in New York when in the absence of a CPL, the attorney to whom the lender forwarded the funds that were intended to fund a mortgage, misappropriates the lender's funds? Two cases are directly on point.
Features
Continuing Support Obligations
The message to those attempting to fix their post-divorce support obligations in a prenup negotiated and executed prior to the marriage is to be thoughtful, to be thorough, and to fully contemplate the full panoply of events that might occur between marriage and divorce to affect a party's ability to support himself or herself in the event of a divorce.
The Expert Valuation Report
Determining the value of a business owned by one or both parties to a divorce is a complicated matter. Who is qualified to appraise such a business interest in the context of equitable distribution? How will the appraisal be conducted? And what can you expect to learn from the expert's report?
Features
Second Circuit Declares DOMA Unconstitutional
In June, Southern District Judge Barbara Jones had declared in <i>Windsor v. United States</i> that DOMA is an unconstitutional violation of the equal protection clause, concluding the law bore no relationship to the preservation of marriage. On Oct. 18, the Second Circuit announced its agreement.
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