What are the differences between a right of first refusal, right of first offer and option?
May 12 2011 In the real estate context, a Right of First Refusal (ROFR) and a Right of First Offer (ROFO) are contractual rights that permit the purchase of property, or the lease of space, upon the occurrence of certain events, often referred to as trigger events.
AFTAP certification for single-employer defined benefit plans due by March 31, 2011, for calendar year plans
February 17 2011 Effective for plan years beginning after 2007, the PPA requires actuaries of single-employer defined benefit plans to determine and certify the plan's adjusted funding target attainment percentage (AFTAP).
The importance of legal review of software license agreements
May 15 2012 As with any type of business transaction, there are many considerations that must be taken into account when approaching the negotiation of a software license agreement.
Should the seller have the right to cure defects?
June 8 2010 Sometimes, a purchase agreement will provide that after the buyer discovers a defect during its due diligence (for example, a physical defect or a troublesome lease), the seller must first be given the opportunity to cure the defect before the buyer may cancel the agreement.
How does a limited liability company member's chapter 7 bankruptcy impact management rights in a nonbankrupt limited liability company?
August 30 2011 The United States Bankruptcy Code provides that any interest that a debtor holds in property as of the date of the debtor's bankruptcy filing becomes property of the debtor's bankruptcy estate.
Ebola preparedness: mission critical for hospitals and health systems
October 21 2014 The urgency of having an effective Ebola response plan in place is underscored by public outcry in response to news that a second health care worker…
Foreign investment in the United States
October 20 2014 The purpose of this guide is to introduce foreign investors and their legal counsel to the types of legal considerations and issues that are most…
The importance of estate planning for same sex couples
October 16 2014 This past September, the Seventh Circuit Court of Appeals affirmed a decision out of the Western District of Wisconsin striking down Wisconsin's ban…
Second Circuit grafts "predominance" test on to Morrison, precluding claims founded on domestic securities transactions manipulated by foreign conduct
October 14 2014 In 2010, the United States Supreme Court issued its decision in Morrison v. National Australia Bank, Limited, 561 U.S. 247 (2010), which set forth a…
HIPAA harvest? Be prepared to be picked by OCR for round 2 HIPAA "enforcement" audits
October 9 2014 Citing widespread noncompliance with the Health Insurance Portability and Accountability Act of 1996 (HIPAA) Security Rule, the Department of Health…
Reinhart Boerner Van Deuren SC
