How CDOs, CMOs, LILOs and SILOs All Turned into Alphabet Soup
March 31, 2009
This article provides a very condensed version of both the current financial global crisis and the problems that exist in the LILO/SILO transactions and then draws some unseen parallels shared by each of them. In addition, some conclusions are drawn as to what may be learned from these events.
Some Highlights of The Recently Enacted Stimulus Bill
March 30, 2009
On Feb. 17, 2009, President Obama signed into law the $800 billion American Recovery and Reinvestment Act of 2009 (the "Act"). This legislation contains many important tax-breaks and enhancements that can benefit law firms and their clients, as well as individual attorneys and staff members and their families.
The Myth of Certainty
March 30, 2009
In the constantly evolving world of e-commerce, legal contracts may be no more credible than tidbits found in the muck of online fact, fiction and plain nonsense that make sites such as Snopes.com so vital to separating Internet reality from Internet fraud. The truth is that no matter how well an attorney writes a contract, or Web site terms and conditions, another attorney can usually find a way to attack what the first one wrote.
In the Marketplace
February 27, 2009
Highlights of the latest equipment leasing news from around the country.
Reviewing Key Bankruptcy Decisions of 2008
February 27, 2009
As we look ahead to the coming year, it is instructive to review the important bankruptcy decisions of 2008. As bankruptcy filings continue to increase, the decisions summarized in this article may have important ramifications on a variety of issues.
First Modifications Since 2001 Considered for UCC Article 9
February 27, 2009
This article discusses several items on the Article 9 Joint Review Committee's agenda that could result in amendments to UCC Article 9, certain secured transactions provisions of UCC Article 8 and the official comments.
Excess Lease Liability and Insolvency
January 30, 2009
Based on SFAS 5 and in the author's opinion, a law firm's excess lease liability is not an event or item that should be included as a liability for purposes of determining insolvency or for financial statements issued in compliance with generally accepted accounting principles.
In the Marketplace
January 29, 2009
Highlights of the latest equipment leasing news from around the country.