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June issue in PDF format
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The Era of 'Busted Deals'?
As the demand for exit and acquisition financing continues to exceed the supply, it is safe to assume we will continue to see a number of "busted deals.
Developments, Risks and Advanced Structures in the Lease Syndication Market
Part One of this article provided an overview of the three common structures typically used in connection with syndication of equipment finance transactions, as well as addressed UCC issues and syndication of motor vehicle leases. This second installment discusses types of recourse to the seller; allocation of taxes, costs, and expenses; servicing; remarketing and residual support; and securities laws issues.
Net News
Houston Blogger Jailed in Anna Nicole Suit<br>Judge Delays Craigslist Case
Applebee's Cannot Sue over Internet Post Charging Harassment
A New Jersey judge has dismissed a defamation claim by an Applebee's restaurant franchisee against a man who wrote online of sexual harassment of female employees.
Assessing Challenge To Damages in File-Sharing Litigation
The recording industry estimates that music piracy has cost it billions of dollars during the past 15 years. Facing the potential for an industry-wide collapse, the Recording Industry Association of America (RIAA) undertook its aggressive litigation campaign to protect itself and its constituents from copyright infringement by suing individual file sharers. After fighting a public relations battle over some of its tactics, the RIAA has chosen to temper its aggressiveness. The RIAA is instead forming relationships with ISPs that maintain the online accounts of the consumers.
CAN-SPAM Preempts California Spam Law
A Los Angeles judge, ruling on a case of first impression, has found that the federal CAN-SPAM Act preempts a California law designed to curb false and misleading commercial e-mails.
How Blogging Affects Legal Proceedings
Technology has entered the jury box. While the press has long reported on pending trials, bloggers ' or so-called "citizen journalists," some sitting in juries ' have increasingly posted commentary about judicial proceedings. Yet recent events suggest that blog posts and other electronic communications by jurors about ongoing trials can potentially disrupt the integrity of the proceedings.
Bit Parts
Concert Financing/Loan Guaranty<br>File-Sharing Suit/Abuse of Process Counterclaim<br>Song Infringement/Substantial Similarity Test<br>TV Program Pitches/Independent Creation Defense
Milwaukee Symphony Ticket Revenues Subject to Taxes
The Court of Appeals of Wisconsin agreed with the Wisconsin Department of Revenue that concerts by the Milwaukee Symphony Orchestra (MSO) were "entertainment events" subject to a 5% state sales tax under Wis. Stat. '77.52(2)(a)(2).

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