Taping Or Filming A Stage Production
February 24, 2005
Forty years ago, it was next to impossible to tape or film a stage production on Broadway or Off-Broadway in New York City. The various unions hadn't crystallized their demands, but for the most part, they didn't want to see it done. The feeling was that any taping of a play would shorten the run.<br>But it was inevitable that arrangements would be made so that stage productions could be taped and filmed for archival purposes, for teaching purposes and for commercial presentations in other media. It was also inevitable that there would be a price to pay for this.
Counsel Concerns
February 24, 2005
Attorney-Client Privilege<br>Personal Jurisdiction Over Lawyers
Clause & Effect
February 24, 2005
Comic-Book Characters/Profit Particpation <br>Merchandising Licenses/Scope Of Rights Granted
FASB to Change Leveraged Lease Accounting Rules: LILO Settlements to Trigger Rerunning the Earnings
February 24, 2005
The Financial Accounting Standards Board met on Nov. 17, 2005 on the subject of the accounting impact of IRS settlements of Lease-In-Lease-Out ("LILO") and Lease-To-Service Contracts (aka "SILO"). To the surprise of the leasing industry, the FASB reached tentative conclusions that a change in the timing of cash flows requires a recalculation of the leveraged lease earnings and the lease classification should be re-examined. The recalculation of earnings results in a large, negative catch up adjustment and a positive adjustment to future earnings, but spread over the life of the lease. The lease classification issue should not be a problem.
A Senior Secured Lender's Guide to the Risks Posed By Junior Secured Debt
February 24, 2005
In theory, a borrower's issuance of junior secured debt is a boon for its senior secured lender. The borrower obtains additional capital, and the claims of the junior lender against shared collateral, since "subordinated," don't diminish the senior lender's prospects for repayment. In practice, however, a senior secured lender should view proposed junior secured financing skeptically because the existence of such debt can become highly problematic for the senior lender. The key to protecting the senior lender lies in properly negotiating and documenting the intercreditor agreement with the junior lender to eliminate, or at least minimize, the myriad ways in which the junior lender's rights may, in practice, limit — or even trump — those of the senior lender.
In The Marketplace
February 24, 2005
Highlights of the latest equipment leasing news from around the country.
Good News Out of Florida for Lessors
February 24, 2005
Decisions rendered by different courts in Florida provide good news for equipment lessors doing business in this state. One case supports a lessor's early termination charges challenged in a class action, and another supports the structure of a computer equipment lease as not being subject to documentary stamp taxes.
A Haven For Straight Talk: <b>Why Aren't You Blogging?</b>
February 24, 2005
I've already lost some of you. That's great. When I can turn off 25% of my readers with just the subtitle, I know that the rest of you will be getting some actual value and not just a bunch of regurgitated, freshman-year marketing pap. Here's the one-sentence version of the article for all of you out there with adult ADHD: <br>If your firm doesn't have at least one serious blogger for every major practice and industry group, you've got clients who are, at this minute, reading a competitor's blog.
Marketing Dollars Make Radio Sense
February 24, 2005
Every law firm struggles with the dilemma of how to allocate their marketing and advertising budget. Should funds be used to pay for sports tickets, a dinner at an elegant restaurant or perhaps advertisements in a newspaper or magazine? Few firms consider radio as a means to make information available to the listening public while also attempting to develop or perpetuate a brand in their community.
