Corporate Update

  • New York Law Journal | Analysis

    'In re I80 Equipment': A Matter of Reference

    By Barbara M. Goodstein | October 2, 2019

    In her Secured Transactions column, Barbara M. Goodstein discusses a recent Seventh Circuit decision in which the court reversed the lower court and held that a UCC-1 collateral description with nothing but a cross-reference to an unattached security agreement did "sufficiently indicate" the collateral for purposes of UCC Article 9.

  • New York Law Journal | Analysis

    The Long Term, the Short Term, and the Strategic Term

    By David A. Katz and Laura A. McIntosh | September 25, 2019

    In their Corporate Governance column, David A. Katz and Laura A. McIntosh write: The short-term/long-term, shareholder/stakeholder debate is likely to become more intense, and more political, in the near future. As the landscape of corporate governance shifts around them, companies should seek firm ground on a foundation of business success by creating and implementing a strategic plan over a time horizon that will maximize both growth and profitability.

  • New York Law Journal | Analysis

    Cross-Border Investigations: A Practical Update

    By Philip M. Berkowitz | September 11, 2019

    In his Employment Issues column, Philip Berkowitz discusses issues surrounding global workplace harassment investigations. Because U.S. anti-harassment policies were engineered for the U.S. at-will employment environment, simply exporting these tools into overseas investigations may cause problems. American companies must consider local law and custom overseas before carrying out an investigation—just as we would expect an overseas-based company to do prior to carrying out an investigation in the United States.

  • New York Law Journal | Analysis

    Handicapping the 'Varsity Blues' Sentencing

    By Steven M. Witzel and Renee E. Turner | September 4, 2019

    In this Corporate Crime column, Steven M. Witzel and Renee E. Turner provide an overview of the college admissions scandal; the sentencing issues faced by the various groups of defendants; the bellwether Vandemoer sentencing and its implications; and the arguments for severe sentences as well as for leniency.

  • New York Law Journal | Analysis

    Now More Than Ever, Cybersecurity Is a Board-Level Concern

    By Andrew T. Garbarino | August 28, 2019

    To avoid litigation, government intervention and public relations fiascos, a board must address cybersecurity on an ongoing basis.

  • New York Law Journal | Analysis

    Bar Orders: Insurers and Indemnitors May Have Effective Alternative to Third-Party Releases

    By Corinne Ball | August 21, 2019

    In her Distress Mergers and Acquisitions column, Corinne Ball discusses two recent opinions from the Fifth Circuit that shed light on the scope of permissible bar orders and third-party releases of claims in the receivership context. Such bar orders may provide an effective alternative to third-party releases in bankruptcy in resolving mass tort cases.

  • New York Law Journal | Analysis

    'Claim of Right' Update: 'Mihelick v. United States'

    By Elliot Pisem and David E. Kahen | August 14, 2019

    In their Taxation column, Elliot Pisem and David Kahen discuss 'Mihelick v. United States,' where the Court of Appeals provided welcome guidance on the applicability of §1341 in situations involving a change in marital status and where the repayment resulting in a deduction is not made to the initial payor of the item.

  • New York Law Journal | Analysis

    Corporate Directors’ Duty of Oversight

    By Joseph M. McLaughlin and Shannon K. McGovern | August 7, 2019

    In their Corporate Litigation column, Joseph M. McLaughlin and Shannon K. McGovern discuss 'Marchand v. Barnhill', which reminds practitioners that courts will scrutinize board members’ close personal relationships with management when analyzing demand futility and that directors’ duty to monitor does have substance.

  • New York Law Journal | Analysis

    Consignments: The Sports Authority Cases, Article 9 and the PEB

    By Barbara M. Goodstein | July 31, 2019

    In her Secured Transactions column, Barbara M. Goodstein discusses two recent decisions in the Sports Authority bankruptcy which underscore the continuing challenge to UCC commentators in guiding courts and practitioners effectively through the world of consignments.

  • New York Law Journal | Analysis

    Oversight and Compliance Reminder

    By David A. Katz and Laura A. McIntosh | July 24, 2019

    In their Corporate Governance column, David A. Katz and Laura A. McIntosh discuss a Delaware Supreme Court decision and a DOJ guidance memorandum, which serve as powerful reminders that board oversight today is an active, not a passive, undertaking.

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