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Entertainment lawyer Patricia Mayer recently juggled phone calls about a French movie deal with a German lawyer in Poland, a London-based sales agent and a Japanese distributor. “You end up on the phone at 6 a.m. talking to the German lady, then at 6 in the evening talking to the Japanese client ' the only time you can all get on the phone is midnight,” says Mayer, a partner with Mitchell Silberberg & Knupp in Los Angeles.
As Hollywood filmmakers increasingly shift production abroad, they're creating myriad opportunities for U.S. entertainment lawyers. While the so-called “runaway” productions are bleeding thousands of U.S. industry jobs, the migration is a boon for entertainment-law practices that thrive on international legal complexities.
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There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
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