NEXT

New York Law Journal

NYC Sanctuary Laws, Though Different From California's, May Yet Become Target of DOJ

The U.S. government's suit against California over its “sanctuary” laws for immigrants, filed on Tuesday night, may presage further action against New York City and other local governments pursuing similar policies.
5 minute read

Delaware Business Court Insider

Fairness Standard of Review Applies to Transaction Approved by Independent Majority of Directors

The Delaware Court of Chancery is often called upon to assess whether a plaintiff challenging an interested transaction who fails to make demand on the board to pursue claims based on alleged self-dealing or director interest can overcome the procedural hurdle of a motion to dismiss under Rules 23.1 and 12(b)(6).
7 minute read

Delaware Business Court Insider

Financial Distress Is a Prerequisite to Good-Faith Bankruptcy Filing

In In re Rent-A-Wreck of America, Bankruptcy Judge Laurie Silverstein dismissed voluntarily filed bankruptcy cases on the grounds they were not filed in good faith.
7 minute read

New York Law Journal

Federal Judge Opens the Door to CFTC to Regulate Virtual Currency

U.S. District Senior Judge Jack B. Weinstein of the Eastern District of New York issued the opinion granting standing to the Commodity Futures Trading Commission to exercise its enforcement power over virtual currency fraud.
3 minute read

The Legal Intelligencer

Rent-A-Wreck Crash Into Bankruptcy Dismissed for Lack of Good-Faith Filing

The U.S. Bankruptcy Code provides distressed companies an array of tools to reorganize their business affairs and restructure their debt.
10 minute read

Texas Lawyer

DLA Piper Takes Six Partners in Austin From Jackson Walker

The partners, who represent foreign and domestic institutional investors, said they made the move because DLA Piper offers more international capability.
3 minute read

The Legal Intelligencer

Survey Sheds Light on the Perils of TOD and POD Account Registrations

A survey was recently circulated among the Philadelphia Bar Association Probate and Trust Section attorney members seeking commentary on their experiences with clients who have accounts registered as transfer on death (TOD) or payable on death (POD).
6 minute read

Pro Mid Market

Mid-Market Recap: Using Bankruptcy to Break in to the Big Apple

   As discussed in this column just a few weeks ago, New York City would seem a daunting and unforgiving market for anyone to want to…
10 minute read

Delaware Business Court Insider

Void-Voidable Distinction Revisited by Delaware Court of Chancery

In three recent memorandum opinions, the Delaware Court of Chancery revisited the distinction between void and voidable acts under Delaware common law.
6 minute read

Daily Business Review

Lawsuit: Jade Ocean Condo Developer Stole from Project Lenders, Investors

Developer Fortune International Realty denies allegations that it siphoned off profits by feeding funds to affiliates.
5 minute read

More from ALM

Resources