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A staple of law-firm d'cor and lawyer gift catalogs is the stock “closing print.”
The details are familiar to anyone who practiced corporate law in the 20th century: a room crowded with unshaven, weary men with ties and collars undone, and shirts untucked. A few stacks of neatly prepared folders and documents are mixed among many more papers strewn around the table amid half-eaten meals and half-filled coffee cups. Junior lawyers and paralegals proofread, oblivious to the chaos around them, while senior partners desperately try to keep clients entertained as the process drags on.
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
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.
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.