Private equity firms trying to stay active in the shaky deals market that has thus far plagued early 2016 should focus their gaze on Europe, where attractive assets are plentiful and economic hardships faced by many other parts of the world haven't had an impact, experts say. Firms big and small Continue Reading
PE Building Tech Portfolios On Foundation Of Mature Cos.
Private equity players seeking to bolster their portfolio of technology assets should follow the lead of industry titans by thinking long-term and targeting mature tech companies before buying up startups that could eventually become the next big thing, experts say. Howard Berkower, a partner Continue Reading
McCarter & English Examining A Suddenly Popular Statute Tied To Online Terms and Conditions
According to McCarter & English, the firm has developed a task force to address an uptick in claims regarding the Truth-in-Consumer Contract, Warranty and Notice Act. “We’ve seen a real uptick in those recently,” said Edward Fanning, partner at the firm. “It appears that the organized Continue Reading
PE Staying On Straight And Narrow Despite Friendly Market
Though private equity firms are loaded with capital and sky-high valuations of targets are declining, experts say the favorable market won’t necessarily lead to an overabundance of private equity transactions in 2016 because of the industry's characteristically selective approach to Continue Reading
NJ Justices Send ‘Warning Call’ To Insureds On Late Notice
The New Jersey high court's ruling Thursday that National Union doesn't have to show it was harmed by a policyholder's late notice of a lawsuit in order to deny coverage sends a "warning call" to insureds to carefully comply with their policies' notice provisions, but attorneys say the decision's Continue Reading
Ex Bankruptcy Judge Tapped As Examiner In Zucker Ch. 11
Former U.S. Bankruptcy Judge Donald Steckroth has been formally tapped to serve as the examiner in the Chapter 11 case of Zucker Goldberg & Ackerman LLC and investigate possible claims against current and former members of the foreclosure law firm and related "insiders," according to an order Continue Reading
Wills & Estates: Control How Your Assets Will Be Distributed
Many people put off making a will, convinced that such documents are for older folks who are nearing the end of their lives. In fact, statistics show that more than half of Americans currently have no will or other estate plan in place, which means if they were to die tomorrow, someone else would Continue Reading
Former Bankruptcy Judge Steckroth Picked for Zucker Probe
Donald Steckroth, who spent 14 years presiding over bankruptcy matters, has been selected to look into allegations of misconduct in the bankruptcy of Zucker, Goldberg & Ackerman. Acting U.S. Trustee Andrew Vara on Feb. 8 appointed Steckroth, who a year ago retired from U.S. Bankruptcy Court Continue Reading
Judge Orders Examiner in Zucker Goldberg Bankruptcy Case
The judge overseeing the liquidation of New Jersey foreclosure firm Zucker, Goldberg & Ackerman has directed the U.S. Trustee Program to appoint a third-party investigator to the case—a measure the firm and its creditors agreed upon despite repeatedly locking horns. U.S. Bankruptcy Judge Continue Reading
How To Assess Worker Performance Without Inviting Lawsuits
Effective employee evaluations are a crucial part of maintaining a successful business, but if not conducted carefully they can expose an employer to discrimination claims. "Employers certainly need to have a way to evaluate employees, train them and give them an opportunity to improve," said Continue Reading