Visiting NYC? Prepare to be Frisked by Lawyers.com on 5/23/2012 If you’re planning to visit New York in the near future, be prepared to be patted down by a cop for no reason whatsoever. That’s the message being sent to the general public by the Bloomberg administration in the form of...more
Employment Law Commentary: Unpaid Internships: A Prevalent Practice Called into Question -- Volume 24, No. 5 May 2012 by Morrison & Foerster LLP on 5/23/2012 An unpaid internship for a college student has almost become a rite of passage. Many advocates, however, charge that unpaid internships are just a form of unpaid labor, regardless of the benefits enjoyed by students and...more
Attorney Fees Properly Awarded Where the Applicable Contract Authorizes An Award "In Any Dispute" by Barger & Wolen on 5/23/2012 In Toro Enterprises Inc. v. Pavement Recycling Systems Inc., 2012 Cal. App. LEXIS 519 (Cal. App. 2d Dist. Apr. 9, 2012) the California Court of Appeal for the Second Appellate District reversed the trial court and granted...more
Supreme Court Addresses Circuit Split Over Cramdown Plans Precluding Credit Bidding by Duane Morris LLP on 5/23/2012 In a docket crowded with blockbuster cases this term, the Supreme Court's decision concerning the circuit split over cramdown plans precluding credit bidding by secured lenders may not stoke as much passion or fury as the...more
My Fellow Californians - Our Long National Nightmare is Over by Sheppard Mullin Richter & Hampton LLP on 5/23/2012 In the same era Gerald Ford advised his fellow Americans that “our long national nightmare is over,” as he succeeded Richard Nixon as president, the California Legislation enacted the sloppily-drafted California Resale...more
Beware of Debtors Bearing Gifts: Eleventh Circuit Upholds TOUSA Bankruptcy Decision by Miller Canfield on 5/23/2012 Sleep better at night knowing that the loan you made to your borrower is supported by collateral from the borrower’s subsidiaries? You may want to keep one eye open. On May 15, 2012, the U.S. Court of Appeals for the Eleventh...more
Federal Circuit Ruling Clarifies Recapture Rule For Reissue Claims Of Intermediate Scope by Ropes & Gray LLP on 5/23/2012 On May 8, the Federal Circuit in In re Youman, No. 2011-1136, 2012 WL 1598089, clarified years of recapture law by vacating a decision of the Board of Patent Appeals and Interferences that rejected reissue claims being...more
Recent Supreme Court Decision in Home Concrete: A Victory For Taxpayers by Akerman Senterfitt on 5/23/2012 The recent U.S. Supreme Court decision in United States v. Home Concrete & Supply, LLC, Sup. Ct. No. 11-139 (Apr. 25, 2012) is a victory for taxpayers on the statute of limitations for federal tax assessments. The Supreme...more
Financial Review Team Appointed Under The Emergency Financial Manager Act Is Not A “Public Body” As Defined In The Open Meeting... by Warner Norcross & Judd - Appellate Practice... on 5/23/2012 When the State Treasurer finds a municipality to be in “probable financial stress” the Michigan’s Emergency Financial Manager Act requires the Governor to appoint a financial review team for that municipality. Under the Act,...more
Former Employee Blows the Whistle on Delaware Unclaimed Property Exposure by Reed Smith on 5/23/2012 In a recent unpublished decision, the Superior Court of Delaware, New Castle County, decided to allow a business entity’s former tax manager, joining with the attorney general for the state of Delaware, to proceed with a...more
Chapter 7 Bankruptcy in 7 Steps: The Bankruptcy Discharge by John Skiba on 5/22/2012 The day you receive your bankruptcy discharge is similar to those Christmas mornings back when you were a kid. You wait and wait for the day to arrive, and then, finally it arrives. Your discharge is entered. All those days,...more
Ninth Circuit: FDA Regulations Broadly Preempt Food Labeling Claims by Morrison & Foerster LLP on 5/22/2012 Last week, the Ninth Circuit issued a broad FDA preemption ruling that elbows aside federal deceptive-labeling claims in the latest slugfest between Pom Wonderful and Coca-Cola that has been going on for almost five years....more
Martin Marietta Materials, Inc. v. Vulcan Materials Co., C.A. 7102-CS (Del. Ch. May 4, 2012) (Strine, C.) - May 04, 2012 by Potter Anderson & Corroon LLP on 5/22/2012 In this memorandum opinion, the Court of Chancery construed two confidentiality agreements executed by direct competitors at the outset of friendly negotiations regarding a possible business combination. Although neither of...more
Patterson Belknap Secures Major Win For Coca Cola: Ninth Circuit Holds False Advertising Claims Against FDA-Authorized Label Are... by Patterson Belknap Webb & Tyler LLP on 5/22/2012 The U.S. Court of Appeals for the Ninth Circuit held last week that The Coca Cola Company cannot be sued under the Lanham Act over the name and labeling of a juice product that is authorized by FDA regulations. In doing so,...more
Akanthos: Eleventh Circuit Denies Noteholders’ Fraudulent Transfer Claims due to No-Action Clause in Indenture by Cadwalader, Wickersham & Taft LLP on 5/22/2012 On April 25, 2012, the U.S. Court of Appeals for the Eleventh Circuit overturned a decision by the U.S. District Court for the Northern District of Georgia permitting noteholders to proceed with a fraudulent transfer suit...more