CHICAGO – May 30, 2018 – In a move that more than doubles its Windy City presence and adds depth toits office in Wilmington, Delaware, Fox Rothschild LLP announces a merger, effective June 11, with ShawFishman Glantz & Towbin LLC, a 23-attorney firm with robust practices in bankruptcy, commerciallitigation and real estate. “Expanding our Chicago […]
Late last year, many social media and internet giants announced plans to overhaul their advertising policies for political content. Entities that actively sponsor election-related advertising should make themselves aware of these new changes. Although questions remain about some specifics, and there may be more changes to the policies in the near future, here is what […]
On March 20, 2018, the Supreme Court issued a unanimous decision in Cyan, Inc. v. Beaver County Employees Retirement Fund,[1] a case concerning the Securities Litigation Uniform Standards Act of 1998 (“SLUSA”), which imposes certain limitations on class actions under the Securities Act of 1933 and the Securities Exchange Act of 1934. The Court resolved […]
Last fall, Facebook announced a disclosure program for users of its platform specifically aimed at requiring disclosures for election-related advertising. At the time, Facebook said that the program would be fully active by summer 2018, and Facebook has begun to roll out aspects of the program this month, including a training module and FAQ for […]
On April 18, 2018, Governor Andrew Cuomo signed the New York Democracy Protection Act—which expands the disclosure obligations for online political advertising in the State of New York and requires television, satellite, cable, radio stations, and providers, as well as online platforms—to verify advertiser registration with the New York State Board of Elections and, in […]
The real estate market in Brazil is going through a severe crisis, which resulted in big developers filing for judicial reorganization. Usually, the judicial reorganization request encompasses not only the developer, but also all of the companies of its corporate organization. In this sense, the developer is generally part of a larger corporate structure, formed […]
By Kevin C. Maclay, Todd E. Phillips, and Caroline E. Parke Recent caselaw demonstrates that there is a current judicial disagreement over whether the Bankruptcy Code will permit a cramdown in a jointly-administered bankruptcy case when a consenting class exists for only one of the debtors. This implicates the important issue of de facto substantive […]
Technology and globalisation have proved extremely effective at improving cross-border investment during the last decade. Trade barriers between countries and continents have been lowered everywhere, allowing money to flow freely […]
Read moreMarch 29, 2018, 1:00 PM – 2:30 PM EDT Panelist: Jeffrey A. Liesemer Program: Chapter 15 and Cross-Border Bankruptcies: Representing Foreign and U.S. Debtors and Creditors Event Sponsor: Strafford Publications Description Cross-border insolvencies are increasingly commonplace in today’s global economy. Chapter 15 respects the differences in insolvency laws of each jurisdiction while giving […]
Todd E. Phillips, Kevin C. Maclay, and Jeanna R. Koski On March 5, 2018, the Supreme Court issued a unanimous decision in U.S. Bank National Ass’n ex rel. CWCapital Asset Management LLC v. Village at Lakeridge, LLC, holding that bankruptcy court determinations regarding whether transactions are at arms-length are predominantly factual in nature, and thus […]
IRS’s Offshore Voluntary Disclosure Program Ending: Impact on U.S. Taxpayers March 14, 2018 On March 13, 2018, the Internal Revenue Service (IRS) announced that it will end the Offshore Voluntary Disclosure Program (OVDP) on September 28, 2018. The program, initially introduced in 2009, is designed to allow taxpayers with unreported offshore assets to voluntarily resolve […]
The Bankruptcy Code provides bankruptcy trustees, debtors, and creditor committees with “avoidance powers” that allow them to set aside and recover certain transfers that a debtor made before filing for bankruptcy.[1] These avoidance powers are, however, limited by a number of exceptions enumerated in the Bankruptcy Code, including the securities safe harbor at § 546(e). […]
