Lender Beware: Ignore Suspicious Activity at Your Own Peril
July 01, 2016
Recently, the Seventh Circuit held that a lender who should have discovered that its borrower lacked authority to pledge assets is not protected by a good-faith defense to a fraudulent transfer action. Without this defense, the lender lost its security. Should the priority of the lender's claim should be further reduced through equitable subordination?
Wow Your Clients!
July 01, 2016
The old-school term is Client Satisfaction. It's been replaced with Client Delight, which is defined as beyond satisfaction. But, just how good do you have to be, anyway?
Law Firm Retreats
July 01, 2016
In today's economy retreats may still be happening, but many have been tailored down and changed to business meeting formats rather than just R & R. To get the most out of the time and expense investment, proper planning is key.
More Small Firm Leaders Embrace Succession Planning
July 01, 2016
As partners and firm leaders from the baby boomer generation have begun to reach retirement age, legal consultants say succession planning has become a subject of increasing concern at small law firms, and is a topic they encourage those firms to prioritize.
Leasing in Latin America
July 01, 2016
Despite the cultural differences and political uncertainties that some investors face, Latin America is an attractive forum for foreign investment and is home to some of the largest economies in the world (Brazil and Mexico). Its proximity to the U.S. and its consumer demand make Latin America a profitable place for business.
<b><i>Crawford v. LVNV Funding, LLC</i></b>
July 01, 2016
Filing a proof of claim against a bankruptcy estate for a debt the creditor knows is legally unenforceable pursuant to the statute of limitations is unfair, unconscionable, deceptive, or misleading to a consumer under the Federal Debt Collection Practices Act, the Eleventh Circuit recently held in <I>Crawford v. LVNV Funding, LLC.</I>
Court of Appeals Clarifies Condominium Lien Priority
July 01, 2016
When a first mortgagee also extends a second mortgage loan, and consolidates the two mortgages, does the condominium's lien enjoy priority over the second mortgage? In a recent case, the Court of Appeals held that when both mortgages loans were extended before any default on common charges, both mortgages enjoy priority over the condominium's lien.
The FDA's New Guidance on Data Integrity
July 01, 2016
The FDA recently released a draft guidance for industry, "Data Integrity and Compliance with CGMP" (Current Good Manufacturing Practices). This article highlights some of the key points in the guidance and attempts to identify the agency's central concerns and recommendations.
Drug & Device News
July 01, 2016
The latest news that affects the pharmaceutical industry.
