September 21, 2009 | New York Law Journal
Private Equity Carried InterestsDavid C. Jacobson, managing partner of the Law Offices of David C. Jacobson of counsel to Harras, Bloom & Archer, writes that, with a potential for valuation discounts due to the uncertainty of the income tax rates for it, the carried interest is more than ever an ideal candidate for estate planning transfers. Such planning, he says may provide the private equity fund manager the opportunity to effectively transfer wealth to younger generations at relatively low transfer tax cost.
By David C. Jacobson
14 minute read
September 01, 2007 | Legaltech News
Wills for HeroesVolunteer lawyers offer free estate planning services for first responders.
By Jeffrey Jacobson & Anthony Hayes
5 minute read
June 13, 2011 | New York Law Journal
Can Defendants Resolve Class Actions With Charity Donations Only?Jeffrey S. Jacobson, a partner with Debevoise & Plimpton, discusses pending cases in which the Ninth Circuit will decide whether class counsel's fee can be a multiple of the charitable contributions, or must be limited to a percentage of them; who may choose the cy pres recipients; if the money may go to a recipient seen as friendly to the defendant's future agenda; and whether the money may go to any worthy charity or only one involved in the issues of the case.
By Jeffrey S. Jacobson
14 minute read
January 03, 2003 | Law.com
Dubious Awards: The 2002 O.J.sAhh, the many ways justice can be miscarried in the American legal system! It's refreshing, really, to see so much creativity and innovativeness at work. And so, now that 2002 is just a memory, let us celebrate that can-do spirit with the O.J.s, JD Jungle's first annual honors for outrageousness and stupidity in the law.
By David Jacobson
3 minute read
July 27, 2009 | New York Law Journal
Hedge Fund Interests In Estate PlanningDavid C. Jacobson, managing partner of the Law Offices of David C. Jacobson and of counsel to Harras, Bloom & Archer, writes that with the potential for unusually high valuation discounts, and the potential for future appreciation, many hedge fund investors own assets that may be extremely effective in wealth transfer strategies.
By David C. Jacobson
13 minute read
September 22, 2008 | New York Law Journal
Supplemental Needs TrustsMartin Jacobson, vice president and general counsel for structured settlement consulting company Creative Capital Inc., and Mike Wostoupal, vice president of AIG American General Structured Settlements, write that a structured settlement annuity, when paid into a supplemental needs trust, sets up a future stream of payments exempt from state and federal income taxes and a way to make certain that the injured plaintiff remains eligible for government health and human service programs, such as Medicaid.
By Martin Jacobson and Mike Wostoupal
14 minute read
November 14, 2001 | Law.com
Circuits Split on Factual Disputes in Class ActionsFreed by a new Federal Rule of Civil Procedure to accept interlocutory appeals from class certification decisions, several federal appellate courts have released a flurry of decisions interpreting the requirements of Rule 23. A split has developed on the question of whether and how courts are permitted to resolve fact-based disputes that affect a case's suitability for class treatment.
By Lorna G. Schofield and Jeffrey S. Jacobson
13 minute read
April 11, 2011 | New York Law Journal
Know and Protect Intellectual Property's WorthAlan Schachter and Craig Jacobson of the valuation and forensic services practice of Citrin Cooperman & Company, analyze the Georgia-Pacific factors established in 1970, and discuss how a company that effectively manages its IP portfolio can benefit tremendously by maximizing value and minimizing litigation costs.
By Alan Schachter and Craig Jacobson
13 minute read
June 12, 2006 | New Jersey Law Journal
New Life for Bankrupt Projects?Do the 2005 Bankruptcy Code amendments mean that Chapter 11 reorganizations are now feasible for single asset real estate entities in New Jersey?
By Joel N. Jacobson, Kevin T. O'Brien and Gary N. Marks
7 minute read
November 12, 2009 | New York Law Journal
Can CAFA's Notice Provisions Be Met by Saying 'Sorry, I Can't'?Jeffrey S. Jacobson, a partner at Debevoise & Plimpton, writes that the rigidity of CAFA's requirement that defendants must provide details about the membership of the class to government officials within 10 days of the filing of a proposed settlement, along with the inherent assumption that the information is always available, ignores the reality of many class action cases. Publicly traded companies usually cannot obtain the names of most of their shareholders within the deadline, and consumer defendants often cannot comply with the letter of CAFA regardless of the deadline for doing so. Absent judicial guidance or legislative amendments, consumer defendants have to assume that good-faith attempts to comply with CAFA will suffice.
By Jeffrey S. Jacobson
13 minute read
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