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Municipal Leasing: Favorite Son or Leasing's 'Red-Headed Stepchild'?
May 02, 2015
This article addresses a few of the primary challenges for traditional leasing companies entering the municipal leasing market.
Federal Judge Rules On Post-<i>Tincher</i> Product Liability
May 02, 2015
In one of the first federal opinions to address the Pennsylvania Supreme Court's November decision that retooled product liability law in the state, the judge decided to send the claims for negligence and strict product liability to trial.
Survey: Strong Rentals and Equipment Acquisitions
May 02, 2015
According to Wells Fargo Equipment Finance's 2015 Construction Industry Forecast, contractors and equipment distributors remain optimistic regarding the prospects of local, nonresidential construction activity this year and respondents expect a strong rental market and increasing equipment acquisitions.
Same As It Ever Was?
May 02, 2015
In last month's issue, the author noted that in the past few years, the Supreme Court has issued several important decisions limiting the availability of class-wide arbitration. As he discussed, lower courts, however, largely consider the landscape for consolidation relatively unchanged. The discussion concludes herein.
<i>Social Media Scene:</i> Identifying the Utility of Social Networks
May 02, 2015
You've heard it a thousand times: You need to market yourself and your firm on social media. And it's true, you do, but maybe not for the reasons you think, and maybe not on the networks that self-proclaimed "experts" tell you to be active on.
<i>Marketing Tech:</i> Law Firms Are on a Collective Mission to Evolve, Adapt and Succeed
May 02, 2015
About a year ago, the author launched a cloud-based technology platform that provides weekly networking programs and accountability software to help lawyers execute their business development activities. Here's how it works.
<b><i>At the Intersection</i></b>: The Human Barrier to LPM Technology
May 02, 2015
The author recently returned from the World Master of Law Firm Management Conference in Sydney, Australia, where she compared notes with folks deeply invested in the future of legal technology. They agreed that when it comes to Legal Project Management (LPM), the platforms, tools, templates and technology are evolving at the speed of ' frustration.
<i>Professional Development:</i> Leading Succession
May 02, 2015
The majority of law firms faced with generational change do not survive into the next generation after the founders retire. This risk of decline or dissolution can be greatly mitigated if your firm plans ahead of time for succession.
Legal Issues in Fantasy Sports
May 02, 2015
Fantasy sports once represented a seasonal hobby among friends and coworkers. However, it has now undeniably blossomed into a force in both the American culture and, more important, the U.S. economy. The explosion of fantasy sports can be directly traced to the favored status bestowed upon fantasy sports contests by federal anti-gaming laws ' specifically the Unlawful Internet Gambling Enforcement Act (UIEGA).
<b><i>Product Review:</b></i>Time Tracker by eBillity
May 02, 2015
Time tracking and billing, an unpleasant and time-consuming distraction at the best of times, became far more painful than it needed to be.

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    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
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