There was a significant dip in private equity fund closings in the third quarter as the industry grappled with increased competition, as well as uncertainty related to the global economy and U.S. presidential election, but experts say the numbers will go up as the end of 2016 draws near. In the Continue Reading
5 Key Proposals On ALI’s Insurance Agenda
The American Law Institute on Thursday is set to consider guidelines for liability insurance law, including hotly contested proposals regarding requirements for insurers to pay policyholders' attorneys' fees in coverage disputes and the standard for punitive damages in bad faith cases. The ALI Continue Reading
Lawyers’ Opinions Divided on ‘Feel of the Case’ Repeal by NJ Supreme Court
Two weeks ago, when the New Jersey Supreme Court repealed its five-year-old precedent that said trial judges could use their "feel of the case" to determine whether awards in civil cases could be reduced or increased, there was an almost audible sigh of relief from the plaintiffs bar and a Continue Reading
EEOC Subpoenas May Become Stickier After High Court Case
Fighting Equal Employment Opportunity Commission investigations could become more time-consuming and expensive if the U.S. Supreme Court sides with the agency in an upcoming review of the level of deference appeals courts must give to lower courts' decisions on whether to enforce subpoenas the Continue Reading
New SINs Could Cause Trouble for Some Contractors
Four new special item numbers for cybersecurity services sound like great opportunities. But, Alex Major, a partner at the law firm McCarter & English, tells Federal Drive with Tom Temin SINS could get some contractors in a lot of trouble. Continue Reading
Cos. May Lose Gov’t Contracts Over Personal Tax Debts
Pass-through businesses like S-corps and partnerships that are bidding for federal contracts will need to be extra cautious about ensuring individual executives and shareholders pay outstanding tax liabilities now that the federal government has finalized rules barring tax cheats and convicted Continue Reading
NJ Ruling May Widen Exposure To Excessive Jury Awards
A recent New Jersey Supreme Court decision that judges considering motions to modify jury awards should rely on the specific facts of a case as opposed to past verdicts leaves defendants vulnerable to arbitrarily determined, and possibly excessive, damage payouts, experts say. In a unanimous Continue Reading
Multiple Jurisdictions Pose Problems In Terror Prosecution
As charges mount against Ahmad Khan Rahami in connection with bombings in Manhattan and New Jersey, one thing could make the job of prosecutors and defense lawyers more complicated-charges have been brought against the defendant in three jurisdictions. The U.S. Attorneys’ Office for the Southern Continue Reading
4 Practice Areas Where NJ Firms Are Hiring
Law360 quoted Joe Boccassini in an article discussing where firms are hiring. Real estate has emerged as one of the busiest practice areas in which New Jersey law firms are hiring as the state continues its climb out of the recession, while intellectual property and corporate compliance have also Continue Reading
5 Marketing Mistakes That Could Foil A PE Fund
Marketing documents can be key to the success of any private equity fund, but legal advisers need keep a close eye out that clients don’t make any errors that could derail a fundraise or worse. The purpose of the marketing documents, to entice potential investors to commit capital to a particular Continue Reading