May, 2019

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In A Major Victory For Trademark Licensees, Supreme Court Holds That Rejection Of A Trademark License Does Not Terminate The Licensee’s Rights

In the Red

A Big Answer To A Big Question. After dividing the courts for a number of years, we finally have the answer to the big question of whether rejection of a trademark license by a debtor-licensor deprives the licensee of the right to use the trademark. Here’s the question on which the Supreme Court granted certiorari in the Mission Product Holdings, Inc. v Tempnology, LLC case: Whether, under §365 of the Bankruptcy Code, a debtor-licensor’s “rejection” of a license agreement—which “constitutes a b

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Financial Literacy Matters, Especially for Women

Dear Debt

As the organizer of Lola Retreat, I’m passionate about empowering women with financial tools and resources to live life on their own terms. That’s why I’m happy to partner with LendingClub on… Related Posts: Blog. Student Loans Dictated My Life Choices — Until I Fought Back. Dear Debt, This Is It. Lola LA Brunch + Retreat. Dear Debt, You Make Me a Bitter Betty.

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Energy-Related Bankruptcies On The Rise: Protecting Oil & Gas Royalty Interests

BN Lawyers

With the recent uptick in energy-related bankruptcies expected to continue for the foreseeable future (in one prominent example, industry giant Weatherford has just filed for Chapter 11 protection), oil and gas royalty owners need to be on alert. Because companies in financial distress usually fall behind on royalty payments, royalty owners, usually one of the largest groups of creditors in oil and gas bankruptcies, tend to have a lot at stake.

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New Hire: How to Find Good People

NCBA Law Practice Management Blog

You know what they say: good people are hard to find. And, if you run a business, you know that it’s true. The most difficult hurdle to law firm growth is staffing up. Managing people is definitely tough; but, so is hiring the right people in the first place. The good news is that hiring well can be a learned skill, too, just like becoming a good manager.

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Solve Your Firms Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.

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4 Common Accounts Receivable Collections Mistakes

Credits Inc

Managing your business'. account receivable collections. can be a challenging task. As you are probably aware of by now, it can be difficult collecting payment for all of your outstanding invoices. Account Receivable collections agencies can help you sort things out if the situation gets out of hand, but before that, there are some mistakes you should try and avoid so you don't need to call a debt collection agency in the first place.

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CFPB Proposes Regulations to Clarify, Modernize, and Implement the Fair Debt Collection Practices Act

Consumer Finance Watch

Wayne Streibich , Diana M. Eng , Jonathan M. Robbin, Nicole R. Topper , Scott E. Wortman , and Paul Messina Jr. Financial institutions and debt collectors should take note of, and provide comments on, the CFPB’s recent Notice of Proposed Rulemaking, which attempts to provide consumers with “clear protections against harassment by debt collectors and straightforward options to address or dispute debts.” .

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Spring Cleaning: How to Make Better Choices About Legal Technology

NCBA Law Practice Management Blog

First question: Do you have a law firm budget? ? If you answered ‘yes’ — then, good for you!? You’re one of the few, the proud. Second question: When did you last review your law firm budget? ? Okay: now, I can’t be sure of what your response is, but I’m pretty sure I don’t like it. The next (first?) time you review your budget, take a close look at the line items for technology.?

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Deciding Whether to Hire a Collection Agency for a Government Debt

Credits Inc

In September 2018, consumer debt in the U.S. was reported to have reached $3.95 trillion, while the public debt is a whopping $16.5 trillion. A growing concern for the government is the steady increase of the U.S. public debt. Recovering delinquent debt has become necessary for the government to continue to provide services to the public, stay within designated federal budget guidelines, and fund various programs.

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The Others: Networking for Referrals from Non-Lawyers

NCBA Law Practice Management Blog

Last time, in this space, we addressed the fact that attorneys can exercise ‘the nuclear option’ on any case referral, at any time: they can keep it for themselves.? That’s why it’s so valuable to also network for referrals from non-attorney professionals, who have to find a lawyer to deliver referrals to. But, if you’re comfortable networking with other attorneys, but not non-attorneys, these strategies should help: -Just as you should find lawyers with complementary practices areas to refer ca

Lawyers 40
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Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.

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Public Safety Comes First – Duties And Obligations Of Ombudsmen In Healthcare Bankruptcies

BN Lawyers

Healthcare bankruptcies present unique challenges in addition to financial restructuring. An immediate concern that must be addressed in these cases is the ability of the debtor to provide, and continue to provide, adequate services to existing and future patients. Having been involved in numerous healthcare matters filed under both Chapter 7 and Chapter 11, I know first-hand how important this issue is.

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Bondholders Beware? First Circuit Ruling’s Potential Adverse Impact on Puerto Rico’s Long-Term Restructuring Prospects

BN Lawyers

Having practiced in Puerto Rico for nearly a decade, including being involved heavily in the ongoing Title III PROMESA proceedings, the recent ruling handed down by the First Circuit could prove to be the most impactful for the Island’s long term restructuring prospects and its access to the Bond markets. The controversial ruling, which pertains to the treatment of municipal revenue debt, has left investors with questions about the value and significance of a revenue pledge in a municipal bankru

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The Nuclear Option: Why It’s Dangerous to Rely Exclusively on Other Lawyers for Referrals

NCBA Law Practice Management Blog

Lawyers tend to congregate together.? This is as much a fact of lawyer life, as it is a fact of professional life.? Once you’re embedded in a career, you start to develop friends who do the same work that you do, and you generally prefer quality hang with colleagues, since you speak the same language — Latin, in the case of the attorney.? In many ways, this is a completely defensible approach — unless it consumes the work life of a professional, at which point: let me introduce you to the lawyer

Lawyers 40
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Double Play: The Simple Math Behind Law Firm Growth

NCBA Law Practice Management Blog

You’ve heard the phrase often from busy lawyers, law firm owners particularly: ‘If only I could clone myself’. It’s wishful thinking; but, it gets to the heart of the one barrier to law firm expansion that you can’t fake: In order to grow your business, to scale it. you have to hire. Of course, that’s a hard thing to do, especially for solos, who’ve never had an employee before, or who have only used contractors previously.

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How Collection Agencies Minimize Effort and Maximize Results with the Right Software

Navigating collections in the dynamic financial landscape presents multifaceted challenges. Organizations face pressures to maintain standards alongside software challenges like regulatory adaptations, data integration, security, workflow optimization, and automation. Finding the right software can save time and money. BEAM offers a comprehensive solution with specialized modules to streamline debt collection effortlessly.