2001 Telephone Seminars

UCC Article 9 Update ...visions to Article 9, which generally became effective in 2001, substantially changed the law. Now, with years of experience, the case law is developing, and practitioners are beginning to identify issues not contemplated by the original drafting committee. As a result, a Joint Review Committee was formed and has recommended changes to Article 9 that are expected to be approved this summer. In  more...

The Carryover Basis Election for 2010 Decedents ...he history of the estate tax to administer an estate. The 2001 Tax Act, EGTRRA enacted IRC Section 2210, which made the estate tax inapplicable to 2010 estates, and the GST tax inapplicable to generation-skipping transfers made in 2010. The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the '2010 Act') Section 301(c) permitted 2010 personal representatives the  more...

Subleasing Issues In A Down and Recovering Market ...s and loan industry collapsed, and then again in 2000 and 2001 when the dot-com bubble burst, because subtenants now find themselves once more in a rare position: the driver's seat. Leases are being amended to accommodate tenants who need to hold in place and new leases are being negotiated; in both cases, the tenant has an opportunity to improve its exit strategies by modifying the language  more...