Your client calls and asks whether the sale of an asset is permitted under its credit agreement or whether such a sale triggers a mandatory prepayment. A prohibition or restriction under an existing credit agreement could impact the structure or timing...

The truck driver's condition was treatable, but even with treatment, it could cause him to have sudden fainting spells. The employer fired the truck driver pursuant to its no tolerance policy, which prohibited the employment of drivers with that condition...

While Robert W. Leax, appellee-husband was on a cruise, Elaine Leax, appellant-wife filed for divorce, moved out of the house and withdrew a significant amount from their bank account. In her petition, the appellant alleged that the marriage had become...

The original complaint was filed in early 1978 by prisoners at the Washington State Reformatory ("the Reformatory"), as a class action on behalf of all present and future Reformatory inmates, alleging that the conditions of their confinement...

Atma Beauty, Inc. v. HDI Global Specialty SE United States District Court for the Southern District of Florida December 30, 2020, Decided; December 30, 2020, Entered on Docket CASE NO.: 1:20-cv-21745-GAYLES Opinion ORDER THIS CAUSE comes before the Court...

Ortiz v. Fibreboard Corp. Supreme Court of the United States December 8, 1998, Argued ; June 23, 1999, Decided No. 97-1704 Opinion  [*821]   [**2302]   [***725]  JUSTICE SOUTER delivered the opinion of the Court. This case turns on the conditions for...

The debtor's plan provided for prepetition arrearages on the mortgage to be paid to the trustee and postpetition payments paid directly to the creditor. Debtor obtained a commitment from another lender to refinance the debt owed to the creditor. The...

Regulators have announced that the transition away from LIBOR will largely be extended to June 23, 2023, from December 31, 2021. Take advantage of the breathing room to prepare yourself and your clients for the new benchmark, SOFR. This practice note...

General Electric Co. v. Moretz United States Court of Appeals for the Fourth Circuit June 22, 1959, Argued ; September 16, 1959, Decided No. 7878 Opinion  [*782]  This suit was brought by Kelly C. Moretz against the General Electric Company for injuries...

Six freelance authors contributed articles in which they had registered copyrights to periodicals published by print publishers. Under agreements with the print publishers, but without the freelancers' consent, electronic publishers copied the articles...