The Lexis Practice Advisor® service consistently adds and enhances content to the 13 offerings. The following are notable content additions from September 2016.
The Finance module of Lexis Practice Advisor recently released a series of practice notes and corresponding charts in its Credit Agreement topic referred to as “The Client Asks …” Specifically, the practice notes address whether a borrower can engage in certain actions under the terms of its credit agreement. The first two practice notes in the product address (1) whether an asset sale is permitted under a credit facility and (2) whether a leveraged recapitalization is permitted under a credit facility. The practice notes also have corresponding charts that act as templates for customers to utilize in analyzing a client’s credit agreement. We plan to continue expanding this content to other borrower actions in the coming months.
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New York Business & Commercial
The New York Business & Commercial module of Lexis Practice Advisor has added new domestic partnership and non-marital cohabitation coverage to its New York Family Transactions topic. The new content includes guidance on counseling a client who is seeking to enter into a cohabitation agreement, as well as a letter of engagement and other materials associated with representing a cohabitating client. Additionally, new practice notes, checklists and forms covering commercial contract matters, such as best efforts clauses, damages for breach and the implied covenant of good faith and fair dealing, have been added to the General Commercial and Contract Boilerplate topic.
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Capital Markets & Corporate Governance
The Capital Markets & Corporate Governance module continues to expand its content with new, updated and current awareness items that are either in the product or in queue for publication in the coming weeks. The team has recently delivered a variety of new content across 24 expert forms, six practice notes and seven checklists. Notably, the debt securities coverage is expanding with the addition of a guide to the Medium Term Note Program. The 37 expertly authored practice notes currently in the product were updated for developments in the law or practice. The team also added 15 current awareness articles and SEC releases to the product.
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