Developments, Risks and Advanced Structures in the Lease Syndication Market
April 15, 2009
Lease syndications have enjoyed a significant rise in popularity in recent years. This rise in popularity has brought about an evolution in the commonly used structures, leading to additional complexity and confusion in practice. In this article, we provide a framework for analyzing syndications and addressing the practical needs of originators and funders.
India Opens Its Doors to Foreign Consultancy Firms
March 31, 2009
India looms large on the horizon as the next territory for increased expansion by law firms. A recent court ruling holding that India may tax a foreign law firm only for work actually performed in India, coupled with the enactment of a law permitting businesses to operate as limited liability partnerships, pave the way for these firms to enter the Indian market.
Firms: What Is Your Brand Saying About You?
March 30, 2009
Big changes bring big challenges for marketing. The current generation of legal marketer is experienced in serving clients who want more. Now we have to create a service that provides more with less. What can we rely on to help us do this? Our brand.
Some Highlights of The Recently Enacted Stimulus Bill
March 30, 2009
On Feb. 17, 2009, President Obama signed into law the $800 billion American Recovery and Reinvestment Act of 2009 (the "Act"). This legislation contains many important tax-breaks and enhancements that can benefit law firms and their clients, as well as individual attorneys and staff members and their families.
Parting Friends?
March 30, 2009
Perhaps the most troubling decision for any partnership's management committee is the determination to force partners from the partnership. This article examines what law firms can do to assist their partners as they show them the door.
A Fresh Look at Pro Bono
March 30, 2009
In a perfect world, attorneys and firms would choose to make commitments to pro bono matters because it's the right thing to do, and it enables those who have to give to those who don't. Ours is not a perfect world and 2009 is certainly not a perfect year. But if we are looking for silver linings, pro bono seems ready made.
Downsizing the Right Way
March 30, 2009
This first part in a two-part series deals with the primary legal risks of a "downsizing" event at your firm.
How to Identify a Non-Statutory Insider
March 30, 2009
Recently, the Third Circuit Court of Appeals affirmed the lower courts' rulings that a public company was an insider of another non-affiliated public company and was therefore required to return a $188.2 million payment made over four months before the debtor's bankruptcy filing. This decision, illustrates how critical it is for lenders and vendors to conform their conduct toward troubled companies so as to reduce their risk of being deemed non-statutory insiders.
Counseling Franchises During the Recession
March 26, 2009
These are extremely trying times for all businesses, including franchisors, seeking to survive through this recession. It is imperative that franchisors demonstrate leadership in preserving their franchise systems, but fault lines undoubtedly will emerge. In this environment, much pressure will fall on the shoulders of franchisor's counsel to guide clients to achieve their goals.
