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Features

New York District Court Rules that Chapter 15 Recognition Is Not Prerequisite to Enforcement of Foreign Bankruptcy Judgment under Principles of Comity Image

New York District Court Rules that Chapter 15 Recognition Is Not Prerequisite to Enforcement of Foreign Bankruptcy Judgment under Principles of Comity

Dan T. Moss & Mark G. Douglas

It has been generally understood that recognition of a foreign bankruptcy proceeding under Chapter 15 is a prerequisite to the enforcement by a U.S. court of an order or judgment entered in such a foreign bankruptcy proceeding under the doctrine of "comity." A ruling recently handed down by the U.S. District Court for the Southern District of New York directly challenges that principle.

Features

The Yates Memo is Here to Stay: Signs of Increasing Efforts to Hold Individuals Criminally Liable for Corporate Wrongdoing Image

The Yates Memo is Here to Stay: Signs of Increasing Efforts to Hold Individuals Criminally Liable for Corporate Wrongdoing

Carolyn H. Kendall & Yune D. Emeritz

It is axiomatic that companies cannot do wrong without the actions of individuals. However, the trend over the past few decades, with a few exceptions, has been that individuals generally were not prosecuted for their roles in corporate wrongdoing that harmed the public welfare. However, there appears to be a recent escalation in prosecutions of corporate executives.

Features

Safe Harbor Shields Shareholders In Tribune Fraudulent Transfer Litigation Image

Safe Harbor Shields Shareholders In Tribune Fraudulent Transfer Litigation

Michael L. Cook

The U.S. District Court for the Southern District of New York denied a litigation trustee's motion for leave to file a sixth amended complaint that would have asserted constructive fraudulent transfer claims against 5,000 Tribune Company shareholders. The safe harbor of Bankruptcy Code §546(e) barred the trustee's proposed claims.

Features

Antitrust Issues Grow Out of Esports' Success Image

Antitrust Issues Grow Out of Esports' Success

William Stark, Steve Walkowiak & Katie Tipper-McWhorter

As esports continues its meteoric growth, its antitrust exposure also grows. Soon, the competitive video game industry must address its increasing market share, either voluntarily or in the form of lawsuits and regulations imposed from the outside.

Features

How to Respond to a Search Warrant Image

How to Respond to a Search Warrant

Marjorie Peerce & Mark S. Kokanovich

Imagine you are in-house counsel, working on a transactional document, when you receive a breathless call from a manager at one of your warehouses that a search warrant is being executed on the premises. What do you do?

Features

The Best Markets for Opportunity Zone Investors Image

The Best Markets for Opportunity Zone Investors

Paul Fiorilla

Opportunity zones are the latest big thing to hit the commercial real estate market, but many questions remain, including details of how deals can be structured, the best strategy for investing and just how much property there is in the zones.

Columns & Departments

Landlord & Tenant Law Image

Landlord & Tenant Law

ssalkin

Failure to Procure Insurance Not a Curable Breach; Yellowstone Injunction Denied

Columns & Departments

IP News Image

IP News

Howard Shire & Christine Weller

<i>Mercedes Benz USA LLC v. Bombardier</i>

Columns & Departments

Case Notes Image

Case Notes

ssalkin

Expired Lease Terms Don't Automatically Apply<br>Landlord Not Liable to Third Party

Features

DOJ Corporate Enforcement Guidelines Are Placing Individual Defendants Between a Rock and a Whirlpool Image

DOJ Corporate Enforcement Guidelines Are Placing Individual Defendants Between a Rock and a Whirlpool

David S. Krakoff, Bradley A. Marcus & Nadav Ariel

For companies suspected of wrongdoing, cooperating with DOJ investigations and self-disclosing their misconduct often appears to be their only option to avoid prosecution and reduce large financial penalties. But, these benefits often come at a price, especially to company employees who are caught in the middle.

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