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The Art Of Litigation - Part I
A misconception: Litigation is the antithesis of negotiation. Negotiation is the use of compromise to reach agreement, while litigation is a zero sum game with a winner and a loser. Litigation disregards the concept of compromise; in theory, when compromise cannot be reached, litigation ensues...
Read MoreGone In 60 Seconds - When Dealerships Go Bad, What's Their Lender To Do?
Thousands of car dealerships across the country have closed their doors in the past year as the recession deepens and the very survival of the nation's automobile industry is in doubt. General Motor's high-profile bankruptcy will result in the eventual closing of 2,300 dealerships. Chrysler, too,...
Read MoreSwiss Banks No Longer A Safe Haven?
Editor:Larry Horn and Rich Sapinski, you have extensive experience both on the prosecution and defense sides of the criminal tax spectrum. Would you share some of your backgrounds with our readers? Horn: After graduating from law school, shortly thereafter I became an Assistant United States...
Read MoreStopping CERCLA Liability In Its Tracks? Supreme Court Limits Joint And Several Liability, Narrows Arranger Liability
A recent decision by the United States Supreme Court stands to dramatically change the landscape of liability under the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq . ("CERCLA"). For decades, one of the government's chief weapons in its "Superfund...
Read MoreA Law Firm Clearly Tuned To Its Clients' Radar
Editor: Please describe for our readers your practice area. Crane: My practice area is corporate with an emphasis on M&A and corporate finance. Editor: In what respects do you consider New Jersey friendly to business? Crane: First of all, New Jersey has a number of incentive programs for...
Read MoreAmnesty By Any Other Name: Government Enforcement Drive Against Foreign Bank Account Holders Highlights Little Known IRS Voluntary Disclosure Policy
The recent, public hearings conducted by Senator Levin's Sub-Committee on offshore tax havens and their bank secrecy laws and the well-publicized parallel IRS summons enforcement efforts to compel Swiss banking giant UBS to provide the names and account records of the 53,000 U.S. taxpayers for...
Read MoreSuccessfully Managing A Troubled Construction Project
There is no escaping it: these are tough times for construction projects. But, tough times present challenges and overcoming them can be rewarding. So, now is a good time for owners, contractors, subcontractors and design professionals to renew their familiarity with the tools available for...
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