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Whether a business may deduct litigation settlement payments can have a substantial real dollar impact on the business.

On January 31, 2013, the United States Bankruptcy Court for the District of Delaware upheld a post-petition "lock-up" agreement in approving confirmation of the proposed plan in In re Indianapolis Downs, LLC, 2013 Bankr. LEXIS 384 (Bankr. D. Del. Jan. 31, 2013).

A chapter 11 unsecured creditors’ committee sought to recover payments made to the debtor’s shareholder as a fraudulent transfer.

In commercial leases the leased premises is usually defined in terms of rentable square feet.

The destruction of chemical warfare material is prominent in the news today due to the documented use of sarin (i.e., isopropyl methyl phosphonofluoridate) by the Syrian government against its own citizens and the United Nations’ resolution requiring the immediate destruction of these weapons.

The U.S. Food and Drug Administration (FDA) recently released draft guidance that paves the way for regulated companies to harness the power of social media.

On July 30, 2014, the Financial Crimes Enforcement Network issued a Notice of Proposed Rulemaking to clarify and strengthen customer due diligence requirements as a fifth pillar under the Bank Secrecy Act for banks and other covered financial institutions.

On December 10, 2013, the Board of Governors of the Federal Reserve System (FRB), Office of the Comptroller of the Currency (OCC), Federal Deposit Insurance Corporation (FDIC), the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) adopted final regulations implementing the "Volcker Rule."

Governor Christie signed into law last month the Revised Uniform Limited Liability Company Act.

On July 14, 2014, the Equal Employment Opportunity Commission issued its long-anticipated Enforcement Guidance: Pregnancy Discrimination and Related Issues.

Nationwide food distribution company reportedly agrees in December 2012 to pay $3.53 million in allegedly unpaid employee benefits to settle proposed class action lawsuit.

On September 7, 2012, the Federal Housing Administration (FHA) published new regulations for the Section 232 Healthcare Facility Insurance Program in the Federal Register.

The U.S. Supreme Court heard oral arguments last month in the matter of Association for Molecular Pathology v. Myriad Genetics, a curious case that does not bode well for America’s biotechnology industry and could overturn 30 years of U.S. patent policy.

A chapter 7 trustee sought to set aside a debtor’s transfer of her interest in property held jointly with her husband as a constructive fraudulent conveyance.

A bankruptcy purchaser filed a motion to prevent state tax authorities from using the debtor’s experience rating to determine purchaser’s unemployment insurance tax rate.

The buyer of a chapter 11 debtor’s assets sought to enforce a bankruptcy court order approving the sale "free and clear" of interests.

After the owner of a newly constructed hotel filed bankruptcy, the assignee of the construction mortgage sought a declaration that the mortgage had priority over the general contractor’s mechanic’s lien.

A discussion on a recent case involving a financing loan for the construction of a golf course.