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Daily Decision Alert: Vol. 9, No. 204 -- October 24, 2001
Entering Into a Loan Workout With a Borrower
Ross Yustein, Euchung Ung and Christopher Terry of Kleinberg, Kaplan, Wolff & Cohen discuss the fundamental questions that a debt holder and its counsel must ask in connection with a proposed restructuring, the benefits and legal protections of a pre-workout agreement, and the tax implications of a loan restructuring.Mortgage Lenders Network Inc. v. Rosenblum
Plaintiff Assigned Intervening Party Its Rights In Connection With Two of the Loans in IssueFBI Seizes 79 UM/UIM Case Files From Luzerne Courthouse
Federal investigators walked out of the Luzerne County Courthouse with 79 uninsured/underinsured motorist arbitration case files Thursday afternoon, as they continue their investigation into possible case fixing there.View more book results for the query "*"
Rosa Parks' Lawyer Recalls 'Eye Of Storm'
On his way home from Washington where he had attended the commemoration of the 1963 bombing of the 16th Street Baptist Church in Birmingham, Alabama civil rights lawyer Fred Gray—one of the Rev. Martin Luther King Jr.'s first lawyers—reminded an Atlanta audience Thursday that the movement's often overlooked attorneys ended legal segregation in the South.Consent to Federal Removal Must Be in Writing
When removing a multidefendant case to federal court, all defendants must formally join in the removal petition and cannot simply inform the court in one petition that all defendants have "consented" to the removal, a federal judge in Pennsylvania has ruled. Citing a "meeting of the minds" requirement as well as diversity prerequisites, U.S. District Judge Anita B. Brody wrote that "one defendant may not speak for another in filing a notice of removal."Pa. Judge Backs 'Factual Cause' Instruction in Negligence Case
Juries hearing tort cases should be asked to weigh whether a defendant's negligence was a "factual cause" of the plaintiff's injury, not whether it was a "substantial factor," a Philadelphia judge has written in an opinion supporting recent changes in the state's jury instructions. "Jury confusion from the word 'substantial' has been documented in appellate decisions," Judge Mark I. Bernstein wrote. "Pennsylvania is not alone in moving toward a more realistic factual cause formulation."Trending Stories
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