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Results: 1-10 of 2,109

Delaware LLLPs: a viable option for private investment funds?

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • August 19 2010

Historically, private investment funds (such as onshore hedge funds and private equity funds) have relied on the limited partnership as the primary organizational form of choice, despite the existence of a number of different organizational forms through which a private investment fund could, in theory, conduct its activities

How high should your high water mark be?

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • August 19 2010

In the wake of the recent financial crisis, many hedge funds are still struggling to climb back to their "high water marks" - the prior highest point of profitability, or the prior highest net asset value ("NAV"), of a hedge fund

ISDA publishes close-out amount protocol

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • Global
  • -
  • March 5 2009

On February 27, 2009, the International Swaps and Derivatives Association, Inc. (“ISDA”) published the ISDA Close-out Amount Protocol (“Protocol”) to enable parties to certain 1992 ISDA Master Agreements (“1992 ISDA Agreement”) to amend the terms of those agreements on a multilateral basis to reflect the single measure of damages calculation upon early termination used in the ISDA 2002 Master Agreement (“2002 ISDA Agreement”

DirecTV settles EEO compliance issues with FCC

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • September 5 2008

While admitting no wrongdoing, DirecTV agreed to pay $150,000 to the U.S. Treasury to settle an FCC investigation into the company’s compliance with the agency’s equal employment opportunity (EEO) rules

Broadband providers weigh in on definition of “unserved” areas

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • April 24 2009

For the purpose of determining eligibility for broadband technology grants under the American Recovery and Reinvestment Act (ARRA), several cable, telephony and rural telecommunications groups voiced consensus in recommending that the FCC define as "unserved" any area that lacks transmission speeds of at least 768 kbps

Debra H v Janice R

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • May 6 2010

On May 4, 2010, the New York Court of Appeals issued an important ruling concerning the rights of same-sex parents in Debra H. v. Janice R., effectively bringing New York State one step closer to recognizing the equality of LGBT families

Globalstar seeks FCC consent to use mobile satellite spectrum for terrestrial wireless broadband

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • November 15 2012

Mobile satellite service (MSS) operator Globalstar petitioned the FCC on Monday for authority to use the company’s licensed low-earth orbit (Big LEO) MSS channels in deploying a nationwide, long-term evolution (LTE) terrestrial broadband network

Can creditors directly sue company directors for breaches of fiduciary duties? The Delaware Supreme Court says “no”

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • May 25 2007

In a groundbreaking and somewhat surprising decision, the Delaware Supreme Court recently held that creditors of a company that is either in the zone of insolvency or actually insolvent cannot, as a matter of law, directly sue directors of the company for breaches of the directors’ fiduciary duties

Can one member of a lending syndicate enforce remedies under a loan agreement? Surprisingly, the New York Court of Appeals says “no”

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • April 17 2007

In a significant and somewhat surprising decision, the New York Court of Appeals recently held that, absent an express provision to the contrary, an individual lender in a syndicated loan is prohibited from enforcing its rights under the loan agreement or a related guaranty

FTC clears acquisition under failing firm doctrine

  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • -
  • USA
  • -
  • January 28 2009

Given the state of the economy, much M&A activity in the near future may involve companies in dire financial straits, raising the issue whether the federal antitrust enforcement authorities will be more sympathetic to acquisitions of failing firms