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Features

EU Push to Filter 'Illegal' Content Raises Alarms in Silicon Valley Image

EU Push to Filter 'Illegal' Content Raises Alarms in Silicon Valley

Ben Hancock

The European Commission (EU) is ramping up pressure on tech companies to more aggressively use automated filtering to scrub "illegal" content from the Internet, a move that is drawing criticism from some lawyers and free speech activists in Silicon Valley.

Features

Update: The China Equipment Leasing Market Image

Update: The China Equipment Leasing Market

Jonathan L. Fales

<b><I>Reaching an Inflection Point</I></b><p>As the Chinese government tightly regulates leasing, it is problematic that the industry has never been able to develop a unified position on important licensing, tax, capitalization, regulatory and other requirements. This needs to change if the industry is to continue to expand, particularly among small and medium enterprises.

Features

The Alien Tort Statute Image

The Alien Tort Statute

Lanier Saperstein & Carol Lee

The U.S. Supreme Court will soon decide the long-awaited issue of whether corporations can be liable under the Alien Tort Statute (ATS), enacted by the First Congress more than 225 years ago.

Features

China's New Cybersecurity Law Image

China's New Cybersecurity Law

Dan Whitaker

<b><I>The Challenge of Complying</I></b><p>In a bid to assert control over cyberspace, China passed a sweeping cybersecurity law that affects virtually every company doing business in that country. Despite its broad reach and potential for disruption, it appears that very few legal professionals are aware of the law.

Features

NY Divorce and UK Pension Rights Image

NY Divorce and UK Pension Rights

Gerry Wendrovsky & David Salter

What happens when a New York matrimonial litigant's pension benefits are foreign, administered by a plan administrator outside the jurisdiction of a New York court? As the authors state, the importance of specialized and expert legal and tax advice cannot be underestimated.

Features

GDPR Gets Real Image

GDPR Gets Real

Jason Straight

A procrastinator's guide to overcoming technical challenges in GDPR compliance.

Features

Cayman Court Facilitates Chapter 11 Restructuring of Parent Company Image

Cayman Court Facilitates Chapter 11 Restructuring of Parent Company

Tony Heaver-Wren, Jeremy Snead & Dave Bulley

the authors were heavily involved in the cross-border restructuring of CHC Group Ltd. (CHC Parent). CHC Parent was the ultimate holding company of the CHC Group (the Group), being one of the world's largest commercial helicopter services providers, primarily engaged in servicing the offshore oil and gas industry. This article provides a narrative about the case.

Features

Uncertainty in China-Hollywood Entertainment Financing Relationships, But Hope Remains Image

Uncertainty in China-Hollywood Entertainment Financing Relationships, But Hope Remains

Todd Cunningham

Uncertainty and the drumbeat of a possible trade war are ominous clouds currently hanging over relations with Chinese investors, several of Hollywood's top deal-making attorneys say.

Features

Financing Rolling Stock: Luxembourg Rail Protocol Steams Ahead Image

Financing Rolling Stock: Luxembourg Rail Protocol Steams Ahead

Barbara M. Goodstein & Howard Rosen

Cross-border trade and international law regimes are all affected by the Luxembourg Rail Protocol to the Cape Town Convention (the Cape Town Convention on International Interests in Mobile Equipment (the Convention)), which is well known to those experienced in aircraft financing. Like the Hague Securities Convention, the Cape Town Convention was sponsored by UNIDROIT (the International Institute for the Unification of Private Law), an intergovernmental organization whose mission is to harmonize international laws.

Features

The Challenge of Complying with China's New Cybersecurity Law Image

The Challenge of Complying with China's New Cybersecurity Law

Dan Whitaker

In a bid to assert control over cyberspace, China passed a sweeping cybersecurity law that affects virtually every company doing business in that country. The law is set to go into effect June 1, 2017. Despite its broad reach and potential for disruption, it appears that very few legal professionals are aware of the law.

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    When a company declares bankruptcy, avoidance actions under Chapter 5 of the Bankruptcy Code can assist in securing extra cash for the debtor's dwindling estate. When a debtor-in-possession does not pursue these claims, creditors' committees often seek the bankruptcy court's authorization to pursue them on behalf of the estate. Once granted such authorization through a “standing order,” a creditors' committee is said to “stand in the debtor's shoes” because it has permission to litigate certain claims belonging to the debtor that arose before bankruptcy. However, for parties whose cases advance to discovery, such a standing order may cause issues by leaving undecided the allocation of attorney-client privilege and work product protection between the debtor and committee.
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