NEXT
Sign in to follow

Daily Business Review

Subprime Auto Lenders Folding—Is This a New Financial Indicator?

The recent Bloomberg headline “Smaller Subprime Auto Lenders Are Starting to Fold,” and the accompanying article may seem astounding in today's bustling economy.
4 minute read

The Legal Intelligencer

Clear Error Review For Nonstatutory Insider Status ... For Now

A designation of “insider” status can impact a wide range of issues within a bankruptcy proceeding and sometimes change the outcome of the case. For example, the preference clawback period is deemed extended to one year for any payments or other transfers made by a debtor to an insider
6 minute read

Delaware Business Court Insider

Delaware Proposes Updates to Its LLC Statute Regarding Series LLCs

On April 6, the Delaware Corporation Law Section of the Delaware Bar Association proposed some major and minor amendments to the Delaware Limited Liability Company Act. If introduced in and approved by the Delaware General Assembly and the governor, one of the most significant changes will involve the provisions of the act dealing with series LLCs.
11 minute read

Daily Business Review

Is Bank of America Spending Over Six Figures — and Rising — to Fight $75K South Florida Suit?

Palm Beach Circuit Judge Lisa S. Small issued a rebuttable instruction, telling the jury that "Bank of America's records are not reliable."
5 minute read

Daily Business Review

Attorney of the Year Finalist — Jaret Davis

Davis has been heavily involved in recruiting Amazon's second headquarters to South Florida and top-dollar tech deals.
1 minute read

The Legal Intelligencer

Trump Administration Bars SBA Loans to Cannabis Industry Support Businesses

In a policy notice effective April 3, the U.S. Small Business Administration (SBA) updated its standard operating procedures (SOP) to prohibit providing loans to both marijuana- and hemp- related businesses and businesses deriving any gross revenue from sales to marijuana related businesses (MRBs) including those providing lighting, hydroponic equipment or testing services (SBA policy notice).
9 minute read

National Law Journal

What New Russia Trade Sanctions Mean for US Companies and Investors

Seetha Ramachandran, a litigation partner at Schulte, Roth & Zabel in New York and a former federal prosecutor, discusses new trade sanctions imposed in April by the U.S. Treasury Department's Office of Foreign Assets Control against Russian individuals and companies.
6 minute read

Daily Business Review

Judge Tosses Securities Class Action Against Ocwen

A Florida federal judge granted Ocwen Financial Corp.'s motion to dismiss a securities fraud suit claiming issues with a mortgage-servicing program caused stock prices to plunge.
3 minute read

Pro Mid Market

Litigation Funding: The Dam Is About to Break

From a legal profession perspective, a mini-revolution is indeed underway, empowering a population of leaner, cost-efficient law firms. But there's a larger perspective as well.
5 minute read

Corporate Counsel

Australia Financial Firm Fires GC Brian Salter for Role in Alleged Cover-Up

The trouble came after Salter, who was general counsel at wealth management firm AMP, hired his former law firm to put together a report about “fee for no service” claims against AMP.
3 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • The Role of Evolving Support Structures in Optimizing Legal Talent

    Brought to you by BigHand

    Download Now

  • Corporate Monitorship Advisory Services

    Brought to you by HaystackID

    Download Now

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now