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Adobe PDFU.S. Supreme Court Clarifies Limits of Bankruptcy Judge's Equitable Authority Under Section 105(A)
Mark D. Bloom, Michael H. Moody; Greenberg Traurig, LLP;
Legal Alert/Article
March 14, 2014, previously published on March 2014
On March 4, 2014, a unanimous United States Supreme Court decided Law v. Siegel and clarified that exercising statutory or inherent powers, a bankruptcy court may not contravene specific statutory authority. Lawwill likely have broad implications for business bankruptcy cases even though it...

 

HTMLLegal Measures Against Counterfeit and Piracy in the European Union and The Netherlands
Jan M. Brölmann, Radboud Ribbert; Greenberg Traurig, LLP;
Legal Alert/Article
March 11, 2014, previously published on March 10, 2014
Intellectual Property (IP) Right holders are often involved in an ongoing battle against counterfeit, pirated and other infringing goods. European and Dutch law provide effective remedies against offering and selling of these goods. Below is a brief summary of the new European Anti-Piracy...

 

HTMLU.S. Department of Transportation Issues Emergency Order Requiring Additional Testing and Stricter Rail Transportation Requirements for Crude Petroleum
Harriet McConnell, Craig V. Richardson; Greenberg Traurig, LLP;
Legal Alert/Article
March 10, 2014
Any person who offers petroleum crude oil for transportation or who transports bulk petroleum crude oil by rail must comply with a new Emergency Order issued by the United States Department of Transportation (DOT) on February 25, 2014. The Order is effective immediately and is just one of the...

 

HTMLPIABA Goes to Extremes to Attack FINRA's BrokerCheck
Andy Clark, Kathryn S. Gostinger, Terry R. Weiss; Greenberg Traurig, LLP;
Legal Alert/Article
March 10, 2014, previously published on March 6, 2014
PIABA released today its Report entitled “The Inequality of Investor Access to Information,” an attack on the FINRA BrokerCheck program that provides the public with access to employment, registration, and other information about registered representatives and FINRA member firms. The...

 

HTMLNew Proposed 752 Regulations to Alter Partnership-Level Debt Allocations
Norman H. Lane; Greenberg Traurig, LLP;
Legal Alert/Article
March 5, 2014, previously published on March 3, 2014
On January 29, 2014, the Internal Revenue Service and Treasury Department issued a notice of proposed rule-making, which has created substantial controversy, particularly in the real estate industry and professionals representing participants in it. The proposed regulations interpreting Section 752...

 

Adobe PDFSixth Circuit’s Summary Judgment Reversal Sours Milk Processors’ Win
Irving Scher, Emily A. Sickelka; Greenberg Traurig, LLP;
Legal Alert/Article
March 5, 2014, previously published on February 27, 2014
In a decision articulating standards on a number of important components of antitrust law, the Court of Appeals for the Sixth Circuit reversed summary judgment dismissal of a claim that a pair of milk processors conspired to divide and otherwise unreasonably restrain trade in the milk market. The...

 

Adobe PDFThe Tipping Point? Consolidation of Medical Practices is good for Patients ... Until it’s not
Mary K. Marks; Greenberg Traurig, LLP;
Legal Alert/Article
March 5, 2014, previously published on February 27, 2014
On January 24, 2014, the U.S. District Court in the District of Idaho ruled in favor of the Federal Trade Commission (the “FTC”), the State of Idaho, and competing health plans in their challenge to St. Luke’s Health System Ltd.’s acquisition of Saltzer Medical Group, P.A....

 

Adobe PDFProposed IRS Regulations May Trigger Tax on Phantom Gains for Many UPREIT Partners
Richard M. Petkun; Greenberg Traurig, LLP;
Legal Alert/Article
March 4, 2014, previously published on March 2014
On January 30th, the IRS issued proposed regulations on bottom-dollar guarantees, igniting a firestorm of negative reaction from real estate investors. If these rules are adopted, many UPREIT partners will incur substantial tax on the paper gain associated with a negative capital account balance....

 

HTMLCFPB Sues For-Profit College
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
March 4, 2014, previously published on March 3, 2014
On February 27th, the CFPB filed suit in federal district court in Indiana against a for-profit college, alleging that the college engaged in unfair, deceptive, or abusive practices in the marketing and financing of its degrees. The CFPB is also alleging a violation of the Truth in Lending Act.

 

HTMLCFPB Turns Focus on Credit Reporting Industry
Peter L. Cockrell, Brett M. Kitt, Gil Rudolph, J. Scott Sheehan; Greenberg Traurig, LLP;
Legal Alert/Article
March 4, 2014, previously published on March 3, 2014
On February 27th, Director Richard Cordray spoke at the CFPB’s Consumer Advisory Board meeting in Washington, D.C. The Consumer Advisory Board, which is composed of experts in consumer protection, financial services, community development, fair lending, civil rights, and consumer financial...

 


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