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May 02, 2024 | New York Law Journal

Primer on Commercial Real Estate Loan Workouts and Right-Sizing, Part I

Today's commercial real estate market is in distress and has been, across a variety of asset classes, for several years. The reasons are well-known. Less well known is possibly the surest solution in this down cycle. This is a method to right-size commercial real estate loans where the value of the underlying real estate is so much lower than it was only a few years ago.
12 minute read
May 01, 2024 | Texas Lawyer

Clement & Murphy Gets $1.6B Reversal for IBM

The U.S. Fifth Circuit ruled IBM could "discontinue" but not "displace" a BMC customer license in certain circumstances.
5 minute read
May 01, 2024 | Law.com

Clement & Murphy Gets $1.6B Reversal for IBM

The U.S. Fifth Circuit ruled IBM could "discontinue" but not "displace" a BMC customer license in certain circumstances.
5 minute read
May 01, 2024 | Law.com

Columbia Law School Delays Exams Amid Protests and Police Activity

"This has been a trying day, amidst a trying two weeks, and the crisis on campus has left no member of our community unaffected," Columbia Law Dean Gillian Lester wrote in a letter late Tuesday.
4 minute read
May 01, 2024 | New York Law Journal

Our Votes Shape The 'Very Heart of the Democracy': New York Celebrates Law Day 2024

Leaders of the bench and bar discuss civic engagement and what lawyers can do to promote and protect democracy.
4 minute read
May 01, 2024 | New York Law Journal

Trumped Up Charges: Unraveling the Unfairness of Political Prosecution

Manhattan District Attorney Alvin Bragg has wrongfully prosecuted a criminal justice reform advocate, an NYPD officer, and a former Republican President of the United States, for seemingly political reasons, a Law Journal contributor writes.
5 minute read
May 01, 2024 | New York Law Journal

The Declining Presence of Lawyers in Elected Office: A Trend to Be Reversed

The decline in lawyers serving in legislatures has been driven in part by economics and changes in the legal profession as significant financial incentives exist for lawyers to practice law rather than run for office, a former president of the New York State Bar Association writes.
7 minute read
May 01, 2024 | New York Law Journal

Smith, Gambrell & Russell Grows Real Estate, International Practices in New York

The Atlanta-based firm added a pair of real estate attorneys and combined with a small firm focused on representing German businesses in the U.S.
5 minute read
May 01, 2024 | The American Lawyer

Simpson Thacher Plans Boston Office, Hires Skadden Funds Partner

The New York law firm is the third Am Law 100 law firm to announce a Boston location in the last eight days.
4 minute read
May 01, 2024 | Law.com

How I Made Practice Group Chair: 'Communication Is Key, and the Human Component Cannot Be Understated,' Says Ilene Farkas of Pryor Cashman

"But being an effective leader is more than that—communication is key, and the human component—identifying, hiring, developing, supporting and retaining talented attorneys—cannot be understated."
4 minute read

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