From Sidley, an issue that can impact complex loans and investments. This case addresses whether the conversion price in a convertible option can be considered interest and run afoul of New York’s criminal usury laws. Adar Bays, LLC v. GeneSYS ID, Inc.
In an interesting case from the California Supreme Court, the court decided, in a 102 page split 4-3 decision, that an order compelling a writer to remove a post on Yelp cannot be used to compel Yelp to remove that post when the poster defaults or fails to do so.…
While we don’t have a criminal practice, a decision out of Louisiana’s high court highlights the importance of demanding counsel — clearly. From the Washington Post: “[W]hen a suspect in an interrogation told detectives to “just give me a lawyer dog,” the Louisiana Supreme Court ruled that the suspect was, in…
While this issue is outside of our practice areas and jurisdiction, it is nonetheless noteworthy in illustrating the ever-expanding sources for where information can be found.
A short while back, we wrote about fire science being debunked. Recent news highlights this phenomenon.
The ABA Magazine has a fascinating write-up about arson and fire science that has been called into question by subsequent research. And while it is freeing long-convicted people from jail, some fire investigators are reluctant to move past the outdated science. For more information about Han Tak Lee’s appeal that…
The New York Times has an important write-up, with information that may not be widely known, including the assessment of fines on riders. Laws Struggle to Keep Up as Hoverboards’ Popularity Soars
This post was authored by Trippe Fried, Esq., and appeared at http://www.sourcedgeneralcounsel.com/news/2015/8/16/its-like-the-plague-why-entrepreneurs-should-avoid-legalzoom. Though LegalZoom purportedly offers a low-cost alternative for routine legal matters, in reality it sells only one thing: A false sense of security. And let’s dispense at the outset with the myth that it is self-serving for a…
A buyer entered into to a contract to purchase a penthouse co-op apartment for $27.5 million. Part of the unit being purchased included a terrace, which was to be for the buyer’s exclusive use. Between contract and closing, this exclusive use was questioned as the board intended to convert the…
Landlord and Tenant entered into a long-term commercial lease. After the Tenant vacated, Landlord terminated the lease, and sued to recover legal possession of the space and for rents that were then past due and owing. Landlord won that lawsuit. Thereafter, the Landlord commenced a second action seeking the amount…