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Making a pitch for baseball business
Though Mayor Anthony Williams has yet to win approval for his plan to build a publicly financed baseball park along the Anacostia River, the scramble to win stadium-related legal work has already begun.District Split: Arbitrators, Non-Parties, Pre-Hearing Discovery
David L. Elsberg, a member of Miller & Wrubel, writes that the legal limitations on prehearing discovery sometimes make little difference in practice and on occasion may be circumvented by creative litigants and arbitrators.Ruling on holding company value
Valuation is often a major issue in estate and gift tax returns, and the appropriateness of valuations has long been litigated. The 11th Circuit, in Estate of Jelke, recently reversed the U.S. Tax Court by ruling that the value of a holding company is reduced by the entire built-in capital gains tax liability for federal estate tax purposes. The 11th Circuit joins the 5th Circuit in this holding. Previously, the 2d and 6th circuits had held that some discount is appropriate, but not a full reduction.Antitrust Hurdles Could Tear Up Ticketmaster, Live Nation Merger
Lawyers from Latham & Watkins and Wachtell, Lipton, Rosen & Katz are nervously eyeing a call by the chair of the Senate Judiciary committee on Monday for antitrust review of the $2.5 billion merger between Live Nation and Ticketmaster. The deal was criticized by both music fans and musicians when it was announced in February for merging the concert-promoting operations of Live Nation and ticket-selling capacity of Ticketmaster into one industry behemoth.In Puerto Rico, bracing for the blow
The commonwealth is the largest recipient of U.S. support, but nearly half its residents qualify for legal assistance.As the Campaign Swings In, Reminders of Judge Higginbotham
I recently came across a photograph taken in 1995 of the late Judge A. Leon Higginbotham, Jr., one of the most significant jurists in the history of Pennsylvania and the nation. The man shown at his side is a still fresh, aspiring and hopeful President BiTrending Stories
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