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Defusing the UST Tax Bomb Image

Defusing the UST Tax Bomb

Jacob H. Marshall

<b><i>How Lenders and Debtors can Minimize UST Fees and Maximize Creditor Recoveries</b></i><p>As predicted in the first part of this article (May, 2018), the new United States Trustee (UST) fee has had a disproportionate effect on middle-market, high-velocity cash flow companies. The best solution is for Congress to revisit the fee structure and refine it to reflect the realities of particular cases and the actual burden on the UST.

Features

Stretching the Limitations Period in White-Collar Criminal Matters Image

Stretching the Limitations Period in White-Collar Criminal Matters

Robert J. Anello & Justin Roller

<b><i>Part Two of a Two-Part Article</b></i><p>Though they might seem straightforward on their faces, limitations periods are often elongated by legislation or court interpretation. The authors began looking at some of these exceptions to the stated limitations periods last month in Part One of this article. They continue here with further examples.

Features

PTO Gives Iancu More Control over PTAB Precedents Image

PTO Gives Iancu More Control over PTAB Precedents

Scott Graham

The USPTO announced revisions to PTAB procedures that formalize Andrei Iancu's control over the 250 administrative patent judges and their policy-making, while making that control more transparent.

Features

Get Ready for California's Version of the EU General Data Protection Regulation Image

Get Ready for California's Version of the EU General Data Protection Regulation

Jacqueline Klosek

The entertainment industry is intensely focused on data collection and analytics as it seeks to maximize the exploitation of digital content. Just as those of us in the privacy field had begun to have a slight breather as much of the heavy lifting on the GDPR was finally behind us, lawmakers in California have passed the California Consumer Privacy Act of 2018 (CCPA).

Features

Coordination or Duplication? DOJ Adopts New Policy to Prevent 'Piling On' of Corporate Penalties Image

Coordination or Duplication? DOJ Adopts New Policy to Prevent 'Piling On' of Corporate Penalties

Jonathan B. New & Victoria L. Stork

In May 2018, the Department of Justice (DOJ) announced a new policy to address a growing problem in white-collar criminal and civil enforcement. With increased…

Features

State Attorney-Client Privilege Rule Incorporated into Federal Law Image

State Attorney-Client Privilege Rule Incorporated into Federal Law

Robert J. Stearn, Jr., Cory D. Kandestin & Christopher M. De Lillo

<b><i>Delaware Bankruptcy Court Protects Communications with Financial Professionals Originating in Delaware</b></i><p>Because state law applies at the time a transaction is negotiated, the parties might assume — reasonably so — that state privilege law will govern communications with their attorneys and financial professionals. But what happens if, years later, a suit is filed in federal court and brings claims under federal law? Does state privilege law still apply?

Features

New Development Projects: The Reports of Demise Were Greatly Exaggerated Image

New Development Projects: The Reports of Demise Were Greatly Exaggerated

Michael R. Leighton

Numerous shopping center developers use a “layer-cake” of financing, including state and federal tax incentives to reduce the costs of debt and equity financing. The industry correctly saw that the market value of the credits would drop once the Jobs Act become effective. Such tax cut could undoubtedly impact the ability of developers to raise equity, certainly for new projects not yet placed in service.

Features

Summary of Developments Under New York's Environmental Quality Act Image

Summary of Developments Under New York's Environmental Quality Act

Michael B. Gerrard & Edward McTiernan

The courts issued 41 decisions in 2017 under the New York State Environmental Quality Review Act, and changes were made to regulations themselves this year. This article summarizes the most important of these cases and regulation changes, and the patterns they represent.

Features

General Data Protection Regulation: Defense or Offense? Image

General Data Protection Regulation: Defense or Offense?

Nina Cunningham

Ostensibly, GDPR's mission is to strengthen and unify the EU's protection of online privacy rights and promote data protection for citizens of the 28 countries currently in the EU. In the global economy, however, GDPR serves as an alarm to all countries with business flowing across Europe and well beyond. Where business flows, data follow.

Features

Five Takeaways from Recent Cybersecurity Developments by Colorado and the SEC Image

Five Takeaways from Recent Cybersecurity Developments by Colorado and the SEC

Brian Neil Hoffman

Colorado recently adopted a new law expanding companies' obligations in the event of a cybersecurity incident, and establishing new data security and disposal obligations. Recent announcements by the SEC likewise emphasize important responsive points for both companies and their personnel in the wake of an incident. Five key takeaways from these developments are highlighted in this article.

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