BASF Catalysts LLC, et al., asbestos victims provided evidence to the court that "that BASF and ['the New York law firm that defended it for years in asbestos cases, Cahill Gordon & Reindel LLP'] systematically collected and destroyed or hid evidence of asbestos-contaminated products produced by a BASF predecessor, Engelhard, in order to evade liability and forge quick settlements. [read post]

In an article on the Artists Network website, New York based art attorney, John Cahil, points out how accepting art as payment can pose additional challenges, mentioning that additional actions may be required in accepting art as payment stating, “Valuation is an issue for making sure that the exchange is fair to the artist and to the business. [read post]