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2nd Circuit Rejects Gifting Doctrine in Chapter 11 Bankruptcies
The 2nd U.S. Circuit Court of Appeals recently held that the "gifting" of recoveries from senior creditors to either junior creditors or shareholders, over the objection of an intermediate creditor class, is impermissible under Chapter 11 of the Bankruptcy Code.How a few radical changes in employment law will lead to lots of work for attorneys
It just got tougher to be an employer, says management-side attorney Charles S. Caulkins. A perfect storm of factors forms the basis for his dire outlook: the economy; a new, pro-union/employee-friendly president; and several legislative proposals, including the Employee Free Choice Act, which will change the way unions are organized.Online Jury Verdicts and Settlements Made Easy
Do you know what your case is worth? Does opposing counsel know? In the beginning stages of a legal suit, your answer is often, "No." Plaintiff's counsel creates the value of a case when preparing the complaint.Cite as: Ferrari v. County of Suffolk, 10-CV-4218 (JS) (WDW), NYLJ 1202496510456, at *1 (EDNY, Decided June 7, 2011)Judge Joanna SeybertD
Circuit Backs Shoe Trademark as Long as Only Soles Are Red
Designer Christian Louboutin has lost an appeal seeking to block rival Yves Saint-Laurent from selling an all-red shoe, which Louboutin claims infringes its trademark red sole, but won reversal of a lower court's ruling completely invalidating the trademark.School Districts Denied Surplus Funds From Health Care Trust
A trust fund governing the health and welfare benefits for 11 Northeast Pennsylvania school districts has succeeded on appeal in reclaiming more than $6 million a trial judge had awarded toward benefits for two former members of the fund, now that the Commonwealth Court has endorsed the theory the trust was a "pooled" one.Quest for fees in music download suit 'pivotal'
Lawyers across the country who have been defending clients against record companies' charges of illegal music downloading are closely watching an Oklahoma attorney's quest for legal fees in a recently dismissed case.Are Trade Secrets Protected When Published on the Internet?
In the age of the Internet, everyone is a publisher. And when everyone is a publisher, everyone is entitled to the protection of the First Amendment. In cases where the rights of corporations to protect their trade secrets are weighed against the public right to know, the public generally wins, and those employee confidentiality agreements provide no protection from outsiders.Astrodome fades, crumbles as Houston decides fate
The Astrodome, in its heyday the proud host to everyone from Muhammad Ali to Madonna, rapidly became a venue of the past when new stadiums introduced retractable roofs.Trending Stories
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