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Why Dodd-Frank Is Regulatory Overkill

Dodd-Frank will prove hugely expensive and still fail in its main mission of preventing the next financial crisis. Blame Washington and its flawed assumption that it can micro-manage the banking system.

6 min read

Point Blank Looks to Shed Excess Ballistic Baggage

While it turns out that Zylon—the material that bankrupt body-armor maker Point Blank once stuffed into its bulletproof vests—may not actually protect you from bullets, don’t count the allegedly defective thread out just yet.

6 min read

Good Opinion on Requests for Admissions

Call me crazy, but I believe that trial should be about each side presenting their case within the limits of the Rules of Evidence.

6 min read

Lenders Beware: Delaware Supreme Court Holds Creditors of Insolvent LLC Lack Derivative Standing

The Delaware Supreme Court recently held that creditors lack standing to bring a derivative suit on behalf of an insolvent Delaware limited liability company (an “LLC”) under the Delaware Limited Liability Company Act (the “LLC Act”)

6 min read

Lenders Beware: Delaware Supreme Court Holds Creditors of Insolvent LLC Lack Derivative Standing

The Delaware Supreme Court recently held that creditors lack standing to bring a derivative suit on behalf of an insolvent Delaware limited liability company (an “LLC”) under the Delaware Limited Liability Company Act (the “LLC Act”).  CML V, LL

6 min read

Lenders Beware: Delaware Supreme Court Holds Creditors of Insolvent LLC Lack Derivative Standing

The Delaware Supreme Court recently held that creditors lack standing to bring a derivative suit on behalf of an insolvent Delaware limited liability company (an “LLC”) under the Delaware Limited Liability Company Act (the “LLC Act”).  CML V, LL

6 min read