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Around the Firms
More Financial Trouble for Brobeck Partners
Partners of the now-defunct Brobeck, Phleger & Harrison are facing the prospect of not only not getting paid, but also being liable for the firm's demise. First, Brobeck's bank balked at paying for the preparation of partners' earnings statements for tax purposes, a service for which partners had contributed money out of their own pockets. Second, some lawyers and staffers may be owed money by the firm in the form of deferred salary (one claim is for $80,000), and the head of Brobeck's liquidation committee has asked several former Brobeckers to sue the firm's former Chairman. Several Brobeck refugees that landed at Clifford Chance filed a $10 million suit for breach of contract and defamation. Brobeck countersued for $10 million, but both claims have been put on hold.
Gary Joins Hildebrandt
After 11 years as chairman of Thelen Reid & Priest, Richard Gary has commenced work as a consultant at Hildebrandt International, based in Somerset, NJ. Gary, who recently turned 60, has a previous relationship with the firm's founder, Bradford Hildebrandt, and with some of its consultants. In 1998, Hildebrant assisted in financing a merger between Thelen, Marrin, Johnson & Bridges, based in San Francisco, and New York's Reid & Priest.
Jones Day Opens in San Fran
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Major Differences In UK, U.S. Copyright Laws
This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.
The Article 8 Opt In
The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.
Strategy vs. Tactics: Two Sides of a Difficult Coin
With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.
Removing Restrictive Covenants In New York
In Rockwell v. Despart, the New York Supreme Court, Third Department, recently revisited a recurring question: When may a landowner seek judicial removal of a covenant restricting use of her land?
Legal Possession: What Does It Mean?
Possession of real property is a matter of physical fact. Having the right or legal entitlement to possession is not "possession," possession is "the fact of having or holding property in one's power." That power means having physical dominion and control over the property.