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The Legal Intelligencer

Eleventh Circuit Issues Problematic FCRA Decision

The court created a new legal standard that appears to conflict with the FCRA and Congress's legislative intent when enacting it, and produced a holding that is at odds with the facts before it.
8 minute read

New York Law Journal

Lenders Blasted for 90-Day Notice (With One Saving Grace)

While lenders and servicers with New York portfolios should long have been exceptionally familiar with the requirement, such presumed awareness nonetheless seems to little diminish the constant—often fatal losses suffered.
9 minute read

New Jersey Law Journal

Lowenstein Adds Bankruptcy Vice Chair, Partner From Kilpatrick Townsend

With the hires of David Posner and Gianfranco Finizio, Lowenstein has made three additions to its bankruptcy practice in as many months.
4 minute read

Delaware Business Court Insider

FTX Creditors to Vote on Plan Liquidating 'Mind-Boggling' Assets

Several parties argued the disclosure statement that's part of the plan didn't meet the legal standard for approval, but Judge John T. Dorsey overruled their objections.
3 minute read

The American Lawyer

Rimon Deepens Global Lending Practice With Group From Akin

Three partners who arrived from Akin in London and Washington in April and May were joined by two former colleagues.
3 minute read

New York Law Journal

The New Venue Debate: Inefficiencies of Applying a Dated Statute to a Modern World

While debtors' selection of venue in Chapter 11 cases and the relevant statutes have been the subject of historical debate, the scrutiny of venue has noticeably increased with a material uptick in venue inquiries and formal objections.
8 minute read

New York Law Journal

Foreclosing on Collateral? Make Sure Your Sale Is Commercially Reasonable

The recently decided Southern District of New York case of 'CCO Condo Portfolio (AZ) Junior Mezzanine v. Feldman' hinged on whether a UCC Article 9 foreclosure was conducted in a commercially reasonable manner.
10 minute read

Legaltech News

LTN Startup Spotlight: Estateably Founders on the Advantage of Being Industry 'Outsiders'

Legaltech News sat down with Estateably co-founders Ari Brojde and Alex Wulkan to discuss how their company has evolved in the last six years to account for the growth of the practice area they serve.
10 minute read

The American Lawyer

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read

New York Law Journal

Licensees in the Ordinary Course of Business: What's Exclusive and What's Not

'North Star' underscores the important distinction between nonexclusive and exclusive license agreements when foreclosing on a licensed asset. A licensee seeking to acquire use rights in trademarks encumbered by a perfected security interest should weigh the benefits under Section 9-321 of a nonexclusive license against possible commercial advantages of an exclusive license.
9 minute read

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