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COVID-19: As Coronavirus Ravages the Economy, Bankruptcy Attorneys Prepare for the Flood
Law firms have always counted on bankruptcy as a countercyclical practice in hard times. Now, those that prepared when the economy was booming may be about to get their reward.
Features
5 Lease and Finance Options To Help Conserve — or Even Create — Capital
Five options available that leasing and financing can help law firms not only to deploy their business continuity requirements in the short term, but also improving liquidity now and better position the firm for their future.
Features
Federal Crackdown on Hoarding and Gouging During COVID-19 Crisis
Storage and Hauling Companies Take Note Imagine that it's Spring 2020 and you run a warehousing company and you discover that your warehouse contains containers of goods that could help combat the spread of the COVID-19 virus — masks, medical gowns, gloves or other personal protective equipment (PPE). Or imagine you own a trucking company and learn that your drivers are delivering pallets of hand sanitizer and disinfectants to a residential address. What, if any, liability might you have if it turns out a customer is hoarding PPE?
Features
Defending Suits Brought By Copyright Trolls
An overview of copyright troll litigation and explores potential litigation strategies for responding to troll cases.
Features
Cutting Off the Stream: How United States v. Silver Affects "Stream of Benefits" or "Retainer" Bribery
Although the court stressed that, by vacating certain of former NY State Assembly Speaker Sheldon Silver's counts of conviction, it was clarifying and not altering the "as opportunities arise" theory, it nevertheless emphasized that this theory requires particularity with respect to the "question or matter" that is the subject of the bribe payor and recipient's corrupt agreement.
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Parent of Secured Creditor Does Not Automatically Gain Secured Status
The ruling in In re Jarvis that the grant of a security interest to a corporate lender will not necessarily "spread" that security interest to the lender's affiliates underscores the need for precision and care in the drafting of loan documents, particularly with respect to the granting language contained in security agreements.
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Copyright Termination Claims Found Timely, But Loan-Out Companies Can't Terminate Copyright Assignments Judge Unhappy With Damon Dash's Trial Behavior New York Federal Court Sees No Copyright Infringement or False Endorsement in Use of Mural in Film
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Legal Tech: 7 Steps to Make Your E-Discovery Process Pandemic and Recession-Ready
For the legal profession in general, and e-discovery specifically, one of the biggest ways a recession is felt is through litigation budget pressure. To weather a recession, we need to be prepared to do more with fewer resources.
Features
Personal Guaranty of Commercial Lease Held Discharged in Guarantor's Bankruptcy
As we prepare for the anticipated increase in bankruptcy filings caused by the COVID-19 pandemic's impact on the economy, many practitioners are trying to compare this to the savings and loan crisis of the late 1980s. One of the issues that keeps coming up cycle after cycle is whether a personal guaranty of a commercial lease is discharged in the bankruptcy of the individual guarantor. Court decisions have split on this issue for years.
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Judge Warns Facebook in Approving Record $5B Fine for Alleged Privacy Violations
The Judge Pointed Out that Some FTC Commissioners Wanted to Specifically Sanction Facebook Founder Mark Zuckerberg for the Company Sharing Private User Data With Outside Parties A federal judge in Washington, DC, signed off on a record $5 billion fine imposed by the U.S. Federal Trade Commission on Facebook for allegedly violating federal law and a previous order with its privacy practices.
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