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Development
June 01, 2018
Merger Defeats Single and Separate Ownership Claim<br>Failure to Refer to County Planning Board Invalidates Grant of Area Variance<br>Denial of Natural Resources Special Permit Upheld<br>Village Ratifies Extension of Lease to Cell Phone Provider
IP News
June 01, 2018
Federal Circuit Holds USPTO Can Defend PTAB Decision After Original Petitioner Drops Out<br>Federal Circuit Says <i>Alice</i> Not Intervening Change
Bit Parts
June 01, 2018
Brief Use of Graffiti Art in HBO's <i>Vinyl</i> Show Found <i>De Minimis</i><br>Chinese Film Company Subject to Personal Jurisdiction in Location Security Company's Colorado Lawsuit
Real Property Law
June 01, 2018
Interest on Loan Tolled When Mortgagee Delayed In Filing Request for Judicial Intervention<br>Court Dismisses Tortious Interference Claim By Holder of First Refusal<br>Easement Enforceable Despite City Register's Failure to Index the Easement Against Newly Created Lot
Landlord & Tenant
June 01, 2018
Liquidated Damages Provision Not an Unenforceable Penalty<br>Occupant Established Succession Right Despite Absence of Sexual or Blood Relationship<br>Rent Stabilization Provision Lost When Tenant Executed Lease In Corporate Name<br>Predecessor Landlord Waived Prohibition on Subleases and Assignments
'Breaking News:' U.S. Supreme Court Buys Into Sports Betting in NJ and Beyond
May 14, 2018
The justices in <i>Murphy v. National Collegiate Athletic Association</i> found the 1992 Professional and Amateur Sports Protection Act infringed on state sovereignty. The decision could transform sports and sports gambling from coast to coast.
Georgia Gov. Deals a Blow to Controversial Cybersecurity Bill
May 09, 2018
Gov. Nathan Deal opted to veto a cybersecurity bill criticized by technology groups that would have made “unauthorized computer access” a crime.
Are U.S. Records Retention Requirements on a Collision Course with the GDPR's 'Right to Erasure?'
May 02, 2018
U.S. laws require companies to retain records for years, and sometimes forever, and violating U.S. records retention laws can result in domestic fines and penalties. How can U.S. companies comply with the GDPR's "right to erasure" while still fulfilling their U.S. records retention obligations?
NY High Court Sees Right of Publicity Claim in Avatars but Rules Against Celebrity Plaintiffs
May 01, 2018
<i><b>Legislature Considers Publicity Law Update</b></i><p>Ruling in a matter of first impression, New York's high court dismissed suits filed by Lindsay Lohan and the daughter of ex-mobster Sammy “The Bull” Gravano against the makers of Grand Theft Auto V, by disagreeing with the plaintiff's claims that characters in the game were intended to be their look-alikes.
Indiana Supreme Court to Decide Fantasy Sports Publicity Rights Issue
May 01, 2018
The Supreme Court of Indiana accepted a certified question from the U.S. Court of Appeals for the Seventh Circuit involving the interpretation of the state's right-of-publicity statute.

MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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