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May 02, 2024 | Corporate Counsel

In-House Moves of Month: Hertz, IBM, TikTok Grab Headlines

Also notable were two legal hires by the Chicago Bears, a move that coincides with the team's negotiating push for a multibillion-dollar stadium along Lake Michigan.
4 minute read
May 02, 2024 | New York Law Journal

When Is a Campaign Contribution a Bribe?

Campaign contributions can reflect genuine support for a candidate's positions and appreciation for ordinary aid to constituents. They can also become a bribe—that is, part of an illegal quid pro quo for political favors. What should the test be for deciding when a campaign contribution turns into a bribe?
11 minute read
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

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