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Tax Discounts on Valuations of Pass-through Entities
August 26, 2009
In the area of business valuation, the experienced practitioner should know as much, if not more, of the lingo than the competition. The seasoned attorney will know enough to size up his/her expert so the court does not dismiss a valuation as inherently unfair.
Recession Keeps Family Lawyers Busy
August 26, 2009
Lawyers who specialize in divorce and custody disputes say they have witnessed a flood of activity in family courts in recent months due to the state of the economy.
Discovering the Illegible
August 26, 2009
At one time or another, most attorneys handling litigated custody disputes have obtained evaluators' notes, only to find them to be undecipherable. It is the author's position that when this occurs, evaluators bear the responsibility for having their notes transcribed at their own expense.
NY Tax Law May Have Far-Reaching Effects
August 25, 2009
Franchisors and franchisees will be heading into uncharted territory in New York state when a new law takes effect in December 2009 requiring that every franchisor must provide the Department of Taxation and Finance with contact information and extensive sales and tax data about each franchisee that is operating in the state.
Movers & Shakers
August 25, 2009
Who's going where; who's doing what.
Case Notes
August 25, 2009
Recent rulings of interest to you and your practice.
Appeals Court Upholds Lopsided Award Against Ford Motor Co.
August 25, 2009
In July, an appeals court upheld a product liability verdict against Ford Motor Co. for $8 million in compensatory damages and $42,050 in punitive damages.
Practice Tip: A Primer on Preserving Statute of Repose Defenses
August 25, 2009
From the first year of law school, attorneys know that one of the first things they must determine when responding to a complaint is whether the claims are time-barred, either by an applicable statute of limitation, or statute of repose.
Proactive Preparation of Defense of Post-Recall Litigation
August 25, 2009
After a pharmaceutical or medical device manufacturer initiates a recall, its duties pursuant to FDA laws and guidelines do not end there. The FDA has set out certain responsibilities and steps that a manufacturer must or should follow after initiating a recall. Pharmaceutical and medical device manufacturers, however, can effectively combine their post-recall duties and responsibilities with a proactive preparation of a defense of potential litigation.
The Call No Attorney Wants to Make
August 25, 2009
When should an attorney confess his mistakes to those he fights for? The answer is not always easy, and a lawyer's inclination to admit wrongdoings might depend on how he perceives a client.

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