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June 29, 2000 |

Sprint Says DOJ Just Doesn't Understand

What caused the meltdown of merger plans between WorldCom and Sprint? Sprint's attorneys argued that to be competitive, a company must offer a full range of services, including local, long distance and wireless. But the U.S. Department of Justice didn't share the companies' vision of the future, which it found "too speculative."
5 minute read
September 10, 2002 |

Cybersquatting Law Gets Longer Reach

Expanding the Anticybersquatting Consumer Protection Act, the 4th U.S. Circuit Court of Appeals ruled that aggrieved parties can use the act's in rem provisions not just to stop bad-faith Internet domain name registration, but also to combat trademark infringement and dilution. The case pitted British retailer Harrods Ltd. against an estranged and moribund Argentinean offshoot, Harrods (Buenos Aires) Ltd.
3 minute read
September 11, 2002 |

Sweet Charity's Challenges

In the midst of providing relief for Sept. 11 victims, GCs at the nation's largest charities have grappled with a host of novel legal issues and have managed to turn roadblocks into new public policies. Victoria Bjorklund, outside general counsel for The Robin Hood Foundation, fought to get a precedent-setting ruling by the IRS, which says that grants given to Manhattan businesses hurt by the attacks won't be considered taxable income.
3 minute read
July 23, 2001 |

O'Melveny Lawyer Has Role on World Business Stage

Since 1973, a certain few young American lawyers have had a golden opportunity to become players on the international business stage: to learn how to navigate a different culture, how to find common ground, and ultimately how to do the deal. This year's fortunate lawyer is O'Melveny & Myers' Ayaz R. Shaikh. In August, Shaikh will be part of the U.S. delegation to the Young Leaders Conference in Hamburg, Germany.
7 minute read
May 15, 2002 |

Outside Counsel

Advising clients that are considering highly structured tax shelter transactions is difficult, in part because of the conflicting authorities. These sophisticated transactions involve large nominal dollar amounts, but generally little or no economic consequences apart from the tax benefits that are sought.
10 minute read
February 27, 2006 |

Newsbriefs

3 minute read
September 30, 2002 |

The Official Committee of Unsecured Creditors of Cybergenics Corporation,

A creditors' committee may not assert fraudulent-transfer claims under 11 U.S.C. � 544 of the Bankruptcy Code; the plain language of � 544 and Hartford Underwriters, holding that an administrative claimant of a Chapter 7 bankruptcy estate does not have an independent right to bring suit under 11 U.S.C. � 506(c), allow only the trustee or debtor-in-possession to assert fraudulent-transfer claims, and a creditor or creditors' committee may not bring such avoidance actions derivatively; the dismissal
8 minute read
January 31, 2002 |

Church Cannot Evict Tenant Hurt by Sept. 11

A DOWNTOWN Manhattan printer`s failure to pay its October rent in the wake of the World Trade Center attacks was not caused by its own actions, and thus it should not be evicted, a Civil Court judge has ruled.
4 minute read
September 30, 2002 |

Chapter 11 Creditors Can't Sue for Avoidance of Fraudulent Transfers

The 3rd U.S. Circuit Court of Appeals invalidated a widely used mechanism by which Chapter 11 creditors could, with bankruptcy court permission, sue to avoid fraudulent transfers. The court affirmed a finding that creditors are not proper parties to bring avoidance claims under 11 U.S.C. 544(b). The ruling makes the 3rd Circuit the first to disallow such suits, which are lodged when debtors fail to bring avoidance claims.
3 minute read
March 07, 2005 |

N.J. Mergers & Acquisitions

Mergers and acquisitions involving N.J. companies.
2 minute read

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