For sports retailers, spring is a great time to be in business. Many high school and outside organizations are gearing up for baseball season. Also, as the weather improves in colder regions of the country, many parents are buying new bicycles, helmets and pads for...
Month: February 2016
BAP reverses Nevada bankruptcy court’s order on homestead exemption.
In In re Patrick Heath Caldwell, BAP No. NV-15-1074, the BAP reversed the Nevada bankruptcy court's disallowance of a homestead exemption based on the statutory cap of Bankruptcy Code Section 522(p)(1). The BAP found that although legal title to the property at issue...
Toyota to drop the Scion brand
As the Los Angeles International Auto Show draws car enthusiasts across many generations, car companies are hoping to gain new customers for future sales. This was the idea when Toyota Motor Company launched Scion, a brand that was designed to attract new, younger...
Changes to California Code of Civil Procedure § 998 Place Plaintiffs and Defendants on Equal Footing
Prior to January 1, 2016, California Code of Civil Procedure § 998 contained an apparent inequity between a plaintiff's and a defendant's ability to recover expert witness costs. Prior to January 1, 2016, Section 998 allowed a plaintiff to recover only...
Music promoter seeks bankruptcy protection
Music festivals are a generally good money making opportunities for promoters and producers. This is ostensibly why a number of festivals continue to grow in popularity. When you think of South by Southwest in Austin, Texas, Electric Zoo in New York City and...
Are bagels and coffee a match made in heaven?
In a number of mergers we have highlighted, a change in a company's brand is often a reason behind the decision to team up with another entity. In today's competitive marketplace, injecting new life into a brand by combining one company's expertise in one area with...
Quiksilver to emerge from Chapter 11 bankruptcy
In a prior post, we highlighted how retailers were less likely to emerge from Chapter 11 bankruptcy compared to the past because of changing market forces and the proliferation of companies that are willing to facilitate "going out of business" sales to protect unsold...