By means of a Decree, published in the Federal Gazette on April 2, 2020, the Mexican President orders the immediate termination of all federal public trusts, public mandates or analogous figures....more
Can another vain attempt to mitigate a $1.5 billion mistake provide the occasion for a thorough review of the doctrine of earmarking? It did for Southern District Bankruptcy Judge Martin Glenn in the long tail on the General...more
Gender pay gap rule: reinforcement of obligations - In order to try to reduce the gender pay gap, the Law passed on 5 September 2018 imposes an obligation on companies who have more than 50 employees to assess a gender...more
On January 7, 2019, Mexico City’s Local Labor Board published in its Labor Bulletin the new procedure for the ratification of Employee´s Termination Agreements before such authority. Such procedure came into effect on January...more
Recently I shared the podium with an FBI agent who was asked what frustrated him the most when trying to help businesses with trade secret theft. His answer was a surprise: they fire the guy too fast! He explained that when...more
Beware!! The story brought to us today courtesy of the Second Circuit Court of Appeals (In re: Motor Liquidation Co., 13-2187) is one that should strike fear into the hearts of all bankers and lawyers. It is a cautionary tale...more
On October 17, 2014, the Delaware Supreme Court entered an opinion holding that a UCC-3 termination statement that is authorized by the secured party is effective to terminate the original UCC filing even though the secured...more
The holdings of two recent decisions from the Bankruptcy Courts of the Western District of Pennsylvania and the Southern District of New York, handed down within three days of each other in March, both affect the amount of...more
Last week, the United States Bankruptcy Court for the Southern District of New York held that a UCC-3 termination statement is effective to terminate a financing statement under the Uniform Commercial Code only if the filing...more