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 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...
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...
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...
For many businesses, deciding to merge with another company is not necessarily about the immediate financial gains. Indeed, an acquisition has to make financial sense and must ultimately benefit shareholders, but oftentimes a change to a company’s brand can be...
According to the old adage, you can go home again...unless you are former American Apparel CEO Dov Charney. The ousted CEO recently teamed up with a group of new investors to mount an attempt to take back the company he started nearly 20 years ago. He recently filed a...
Last week’s gains marked a positive start to an otherwise lackluster month of trading so far this year. However, the struggles of energy stocks and the recent rise of interest rates are not likely to put a damper on the pace of mergers and acquisitions in...
In a number of our posts, we have suggested that the torrid pace of mergers and acquisitions could be slowed by rising interest rates in 2016. However, we must also take into consideration the role of the federal government in approving or quashing mergers that...
In 2015, stories about corporate data breaches where customers’ personal information were lost or stolen dominated headlines. As we turn to 2016, it appears that data hacks may continue despite business’ best efforts.While many hacks are perpetrated by...
In a prior post, we noted how Los Angeles based apparel maker American Apparel sought Chapter 11 bankruptcy protection after years of losses and allegations of misconduct from their former CEO Dov Charney. American Apparel filed its petition in October 2015. Fast...