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May 23, 2003 |

The Doctrine of Necessity and the 'Kmart' Decision

The bankruptcy court in the Kmart Corp.Chapter 11 case was recently reversed for having authorized the Chapter 11 debtor to pay in full certain critical vendors/suppliers. This decision has caused quite a stir in the bankruptcy profession because the court ruled that the bankruptcy court did not have per se authority to authorize such payments.
15 minute read
May 09, 2005 |

GCs losing outside counsel pick

Most general counsel have long had the sole authority to hire and fire outside counsel, but that prerogative may be waning. As legal costs continue to rise, procurement executives have started to review external legal spending at several high-profile companies.
6 minute read
May 04, 2012 |

Burr & Forman

3 minute read
Newman v. Family Management Corporation, 08 Civ. 11215
Publication Date: 2010-11-01
Practice Area: Business Law
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Leonard B. Sand
Attorneys:
For plaintiff:
For defendant:
Case number: 08 Civ. 11215 (LBS)

Cite as: Newman v. Family Management Corporation, 08 Civ. 11215, NYLJ 1202474183030, at *1 (SDNY, Decided October 20, 2010)District Judge Leonard B. Sandp

July 29, 2002 |

Third Circuit Judges Fared Well in Recent U.S. Supreme Court Term

U.S. Supreme Court Year in Review.
6 minute read
September 15, 2008 |

Fed moves to deal with financial crisis

WASHINGTON AP - The Federal Reserve announced late Sunday several steps to cope with the worst credit crisis in decades, including broadening the types of assets that investment banks can put up to get emergency loans from the Fed.The action came as U.S. and foreign commercial banks were hashing out a plan to inoculate the global financial system against the possible failure of Lehman Brothers.
3 minute read
October 12, 2012 |

Estate of Allen

Surviving Spouse Cannot Vigorously Defend Estate Against Claim Made by Her Own Sons
2 minute read
December 12, 2012 |

A Roundup of Foreclosure Law Decisions in 2012

Adam Leitman Bailey and Dov Treiman of Adam Leitman Bailey PC write: The appellate division decisions this year showed strict application of the laws and notable lack of sympathy for borrowers evidenced by recent years' legislative enactments, issuing decisions that were decidedly pro-lender.
11 minute read

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