The Billion-Dollar Divorce
May 02, 2015
A wealthy wife's award of approximately $1 billion of $16 billion in potential assets has been the focal point of stories and discussions about the case. But the details of the decision, as well as the manner in which the case was handled, serve as important reminders of how large-asset divorce cases are litigated across the country and in Pennsylvania in particular.
Battling Grey Goods? Advantages of ITC Now Writ in Black and White
May 02, 2015
Customers in the United States often pay more for valued branded goods than buyers of the same goods in less well-developed economies. Higher prices here in the U.S. in turn support profits and shareholder value for manufacturers of branded goods, and strengthen domestic industry.Yet this pricing disparity for the same products in different markets creates an incentive for the so-called grey market.
Long-Awaited Guidance on L-1B Visa Category Released
May 02, 2015
The highly anticipated draft Policy Memorandum (L-1B Memo) addressing the qualifying criteria for the L-1B visa category was released by USCIS on March 24, giving clear guidance on the definition of "specialized knowledge" and the standard of review USCIS adjudicators should apply when evaluating L-1B petitions. Corporate counsel should be prepared to address the qualifying criteria.
Does a Broker's Tail Ever Stop Wagging?
May 02, 2015
A "tail period" is a standard clause in a listing agreement that requires the broker to register certain parties or transactions and a period of time during which the broker shall be protected and recognized as the broker for the transaction, entitled to be paid its commission pursuant to the listing agreement.
ICANN Betting on '.law' Domain
May 02, 2015
Coming this summer, there will be a new way for law firms and lawyers to distinguish themselves on the Internet: a ".law" top-level website domain.
Is It Time to Rebuild the U.S. Franchise Regulatory System?
May 02, 2015
If you took a snapshot of all the laws and regulations governing franchising in the United States in 1979, and then took another snapshot of all the laws and regulations governing franchising today, you would find them very similar. While the rest of the world, including franchising, has been dynamic and constantly changing, franchise regulation has been, essentially, static.
<i>Professional Development:</i> Leading Succession
May 02, 2015
The majority of law firms faced with generational change do not survive into the next generation after the founders retire. This risk of decline or dissolution can be greatly mitigated if your firm plans ahead of time for succession.
Legal Issues in Fantasy Sports
May 02, 2015
Fantasy sports once represented a seasonal hobby among friends and coworkers. However, it has now undeniably blossomed into a force in both the American culture and, more important, the U.S. economy. The explosion of fantasy sports can be directly traced to the favored status bestowed upon fantasy sports contests by federal anti-gaming laws ' specifically the Unlawful Internet Gambling Enforcement Act (UIEGA).
