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Features

Tips for Achieving More Certainty of Specific Performance Availability Image

Tips for Achieving More Certainty of Specific Performance Availability

Adrienne B. Koch & Neil S. Miller

Both litigators and transactional lawyers know the basic drill: specific performance is available for breach of a contract whose subject matter is so unique that money damages will not adequately compensate the non-breaching party. But it does not necessarily follow that specific performance is generally available for breach of an agreement that involves real estate. This article discusses why and suggests some ways parties can achieve more certainty in this regard.

Features

Evolution of Pre-Bankruptcy Planning Raises Questions of Good Faith Image

Evolution of Pre-Bankruptcy Planning Raises Questions of Good Faith

Andrew C. Kassner & Joseph N. Argentina Jr.

In recent years, as extensive pre-bankruptcy planning has evolved, bankruptcy filings frequently involve affiliates of larger companies, engineered with a structuring of liabilities in mind. The question of whether these targeted filings are for a legitimate bankruptcy purpose or should be dismissed has been the subject of significant high-profile litigation.

Features

How the Texas Two-Step Changes How Plaintiffs Litigate Mass Torts Image

How the Texas Two-Step Changes How Plaintiffs Litigate Mass Torts

Mark Eveland

By enabling defendants to shield themselves from mass tort liability, the "Texas Two-Step" is a new obstacle for plaintiffs pursuing mass tort cases against manufacturers of dangerous products.

Features

Bankruptcy Considerations When There Is a Default On A Redevelopment Project Image

Bankruptcy Considerations When There Is a Default On A Redevelopment Project

Anne S. Babineau & David H. Stein

If economic pressures become intense and defaults are a possibility, redevelopers and their lenders will be driven to consider the unique issues presented when there is a default on a redevelopment project, including consideration of a bankruptcy filing to stave-off creditor lawsuits or real estate foreclosure

Features

Could the $18.8M Talc Verdict Threaten J&J's Bankruptcy Plan? Image

Could the $18.8M Talc Verdict Threaten J&J's Bankruptcy Plan?

Amanda Bronstad

The verdict, which excluded punitive damages, could have been much larger. But the jury's award has the potential to threaten the $8.9 billion settlement and, as a result, a proposed Chapter 11 reorganization plan in the bankruptcy of Johnson & Johnson's LTL Management.

Features

Antitrust Actions In Entertainment Industry Sectors Image

Antitrust Actions In Entertainment Industry Sectors

Stan Soocher

The growth in size of companies dominating sectors of the entertainment industry has been subject to antitrust challenges with mixed results. What are some notable recent developments in this area?

Features

Second Circuit Affirms Slashing of Unreasonable Fees In Dismissed Involuntary Bankruptcy Case Image

Second Circuit Affirms Slashing of Unreasonable Fees In Dismissed Involuntary Bankruptcy Case

Michael L. Cook

An involuntary bankruptcy petition is a limited, risky remedy for both creditors' counsel and debtor's counsel. The fee problems encountered by counsel for the petitioners and the putative debtor in this case provide a cautionary tale.

Features

Mass. Appeals Court Holds That Email to Landlord Constituted 'Effective Notice' to Prevent Automatic Lease Renewal Image

Mass. Appeals Court Holds That Email to Landlord Constituted 'Effective Notice' to Prevent Automatic Lease Renewal

Allison Dunn

Despite a provision in a commercial lease that prohibited electronic notice, the Massachusetts Appeals Court sided with a tenant in holding that an email to its landlord constituted effective notice to opt out of an automatic five-year lease extension.

Columns & Departments

Development Image

Development

New York Real Estate Law Reporter Staff

Court Reserves Decision Pending Further Proceedings When ZBA Produced Inadequate Findings of Fact to Support Variance Grant Landmark Designation Upheld Despite Town's Failure to Call Public Hearing Within Code's Time Limit

Features

9th Circuit Bases Attorney Fees On What Class-Action Clients Get In Hand Image

9th Circuit Bases Attorney Fees On What Class-Action Clients Get In Hand

Avalon Zoppo

The U.S. Court of Appeals for the Ninth Circuit made clear its view — that class-action plaintiffs' lawyers generally should not be awarded fees that exceed the amount their clients get from a settlement — as the court struck down a $1.7 million fee award in which a copyright plaintiffs' class received less than $53,000 in an infringement dispute settlement.

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