William J. Manolis In Mayo Collaborative Services, et al. v. Prometheus Laboratories, Inc., the United States Supreme Court affirmed the implicit prohibition against patentability contained in § 101 of the Patent Act of 1952 (“the Patent Act”), specifically, that laws of nature, natural phenomena, and abstract ideas are not patentable. […]
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THE SUPREME COURT RULES THAT A SECURED LENDER MUST BE PERMITTED TO CREDIT BID IF ITS COLLATERAL IS SOLD PURSUANT TO A CHAPTER 11 PLAN: RADLAX GATEWAY HOTEL, LLC, ET AL. V. AMALGAMATED BANK.
J. JULIUS BOLOCK In May 2012, the United States Supreme Court cleared up confusion in the United States Circuit Court of Appeals and Bankruptcy Courts as to whether debtors were allowed to sell encumbered assets free and clear of liens without allowing secured lenders to credit-bid to pay for a […]
SUPERIOR COURT HOLDS ACT 91 NOTICE PUBLISHED BY THE PENNSYLVANIA FINANCE HOUSING AUTHORITY IS DEFECTIVE. BENEFICIAL CONSUMER DISCOUNT CO. V. VUKMAN
DANIEL CONLON-GUTIERREZ In Vukman, the Pennsylvania Superior Court (“Superior Court”) decided that the Act 91 notice, which a lender sent a homeowner in 2006, was defective because it did not inform her of the right to meet with a lender before a foreclosure action, as required by the version of […]
THE EQUAL PAY ACT: ALMOST FIFTY YEARS LATER, WHY WAGE GAP STILL EXISTS
BRIDGET SASSON This Comment will review the history of the Equal Pay Act (“EPA”) and recent legislation dealing with wage disparity and examine possible causes for the continuing wage gap. In 1963 John F. Kennedy signed the EPA, amending the Fair Labor Standards Act (“FLSA”) of 1938, making it illegal […]
NOT MUCH TO “LIKE” ABOUT THE FACEBOOK IPO: HOW REGULATION FD CAN HELP FIX THE WANING CONFIDENCE OF THE REASONABLE INVESTOR
JAMES DORING In one of the most anticipated initial public offerings (hereinafter referred to as “IPO”) in recent history, Facebook, Inc. (hereinafter referred to as “Facebook”) officially became a publically traded company by debuting on the NASDAQ stock exchange on May 18, 2012. The IPO raised $16 billion and valued […]
REGULATION OR RETRIBUTION? A SYNOPSIS OF HOW THE DODD FRANK WALL STREET REFORM ACT…
MEGHAN E. JONES-ROLLA, ESQ. AND DERON J. ROLLA, ESQ. When the Dodd Frank Wall Street Reform Act (hereinafter referred to as “DFA”) was signed into law by President Barack Obama on April 6, 2010, trouble was brewing for several banks, mortgage servicers, and third-party financial service providers as the Office […]