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Features

Another Look at Rule 10b5-1 Trading Plans Image

Another Look at Rule 10b5-1 Trading Plans

Aegis J. Frumento & Stephanie Korenman

By establishing a prearranged plan to trade their companies' stock in compliance with SEC Rule 10b5-1, corporate executives avail themselves of the only formally codified affirmative defense against a charge of insider trading. However, statistical evidence demonstrating that executives in trading plans outperform their peers by 6% to 10% have twice brought trading plans under academic and journalistic scrutiny.

Features

With Virtual Currency, Does Virtually Anything Go? Image

With Virtual Currency, Does Virtually Anything Go?

Laura Grossfield Birger

In late 2013, a Subway sandwich franchise in Pennsylvania was making the news for being one of the first small American businesses to accept bitcoin as payment for purchases. According to press reports, that franchise generated a lot of interest among hungry bitcoin enthusiasts, who went out of their way to visit the store. Should this be dismissed as a mere publicity stunt, or is the use of bitcoin something that deserves some thought?

Columns & Departments

Bit Parts Image

Bit Parts

Stan Soocher

Nashville Federal Court Finds Plausible Copyright Infringement Claim over "Remind Me" Phrase<br>Puerto Rico District Court Rules There Were Implied Licenses for Music Festival Artworks, But Were the Licenses Irrevocable?<br>Songwriting Income and Record Production Activity Don't Support Long-Arm Jurisdiction

Features

A Dangerous Undertaking Image

A Dangerous Undertaking

Rachel S. Faulkner

Oliver Wendell Holmes once wrote that "it would be a dangerous undertaking for persons trained only to the law to constitute themselves final judges of the worth of pictorial illustrations." If Holmes didn't think he could do it, which of us thinks we're up to the task? Nonetheless, this was just the challenge taken up by Judge Block of the U.S. District Court for the Eastern District of New York in <i>Cohen v. G&amp;M Realty L.P.</i>

Features

Quarterly State Compliance Review Image

Quarterly State Compliance Review

Sandra Feldman

This edition of the Quarterly State Compliance Review looks at some legislation of interest to corporate lawyers that went into effect on Jan. 1, 2014. It also looks at four recent decisions of interest from the Delaware courts.

Features

Supreme Court Leaves NY Online Sales Tax Law In Place Image

Supreme Court Leaves NY Online Sales Tax Law In Place

Tony Mauro

December 2 was an extraordinary day for Amazon.com Inc., the mammoth online retailer: Cyber Monday sales reached new heights, its fanciful plan to use drones to make deliveries was creating buzz ' and then the U.S. Supreme Court spoiled it all by turning down Amazon's challenge to online sales taxes.

Features

Prepayment Premiums and Make-Whole Payments Image

Prepayment Premiums and Make-Whole Payments

Joel H. Levitin

To determine whether a creditor has an enforceable right to collect a prepayment premium in bankruptcy, courts first consider the text of the loan documents.

Features

Ubi Sunt, Buck-Out Lease? Image

Ubi Sunt, Buck-Out Lease?

Barry Marks

Despite predictions in several quarters, the so-called buck-out lease appears alive and healthy, if not as robust as it once was.

Features

The MAC Clause Image

The MAC Clause

Anthony L. Lamm & Stephen Levin

This article is the second in a continuing series on resolving contentious issues in sophisticated lease transactions. In this installment: The MAC Clause.

Features

News Briefs Image

News Briefs

ALM Staff & Law Journal Newsletters

Maryland Franchise Attorneys Discuss Possible Law Changes <br>Maine Franchisees Launch Association

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