Law Offices of Gary Martin Hays & Associates
P.C.
75 Ponce De Leon Ave NE Ste 101
Atlanta,
GA 30308(470) 294-1674
www.garymartinhays.com
By Michael Sirota and Rebecca Hollander | September 25, 2017
In a June 12, 2017 decision, the U.S. Supreme Court unanimously held that certain consumer finance companies that purchase and collect defaulted debts originated by other lenders are exempt from the strictures of the FDCPA. The case, which turns on who qualifies as a "debt collector" under the FDCPA, has significant implications for the distressed debt industry and will likely lead to industry-wide changes as companies restructure so as to benefit from the guidance contained in this ruling.
By Tom Califano and Rachel Nanes | September 25, 2017
In many instances, government investigations and claims are the tipping points for already distressed health care companies causing them to seek Chapter 11 protection. As discussed herein, governmental involvement in these financial restructurings at the very least complicates the process of reorganizing these entities.
By Adam C. Rogoff, Erica D. Klein and Marsha Sukach | September 25, 2017
Various debt-burdened retailers are looking to their intellectual property assets as a source of untapped value for refinancing transactions. While it remains to be seen which strategies will be most successful, IP assets will play a key role in future retail restructurings. As the value of brick-and-mortar "hard" assets stores becomes tapped out, a retailer's brands, licenses, and associated IP rights may present reliable sources of value.
By Ed Christian, Mark Sherrill and Alex Brown | September 25, 2017
Courts have generally found that make-whole provisions do not provide for the payment of unmatured interest, nor are they unenforceable liquidated damages provisions. It would behoove the court in 'Ultra Petroleum' to continue the precedent on these issues, because failure to do so would call into question the ever-important principle that when evaluating documents governed by New York law, courts will generally defer to the mutual intent of the parties as manifested within the four corners of the document.
By Stephanie Forshee | September 21, 2017
GC Cornell Boggs and his legal department will likely have their work cut out for them.
By Charles Toutant | September 21, 2017
The Newark Watershed Conservation & Development Corp. is seeking permission to examine electronic devices belonging to the law firm of Trenk, DiPasquale, Della Fera & Sodono.
By Greg Land | September 21, 2017
While such a plaintiff may be attempting to "manipulate the judicial process," the opinion said, a trial court should weigh the party's "level of sophistication," explanation for the omission and efforts to correct it before barring the civil litigation.
By Meghan Tribe | September 19, 2017
From bikes to trains to video games, a quartet of large law firms led by Kirkland & Ellis is advising on the Chapter 11 case of toy retail giant Toys “R” Us Inc., which became the latest in a string of struggling brick-and-mortar retailers to file for bankruptcy this year.
By therecorder | The Recorder | September 18, 2017
9th Cir.; 14-17045 The court of appeals affirmed a district court judgment. The court held that a state court’s determination of a law firm’s…
By therecorder | The Recorder | September 18, 2017
9th Cir.; 15-56430 The court of appeals reversed a district court order and remanded. The court held that a stipulated agreement for an attorney’s…
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