Law and Taxation News
Articles 41 - 50 of most recent articles
Commentary: Set Rules of Conduct in Summer Programs
The summer program is the time when eager law students are provided their first major glimpse into law firm life. They are paid well, entertained generously and offered opportunities to conduct research and observe skilled attorneys at work. But what lies beneath is a pattern of behavior that places law firms at risk, such as dating among co-workers and excessive drinking. Attorney Lauren Stiller Rikleen suggests developing clear rules for personal conduct and instituting a zero-tolerance policy.
Law.com – 16 hours ago ¦ comment?
The summer program is the time when eager law students are provided their first major glimpse into law firm life. They are paid well, entertained generously and offered opportunities to conduct research and observe skilled attorneys at work. But what lies beneath is a pattern of behavior that places law firms at risk, such as dating among co-workers and excessive drinking. Attorney Lauren Stiller Rikleen suggests developing clear rules for personal conduct and instituting a zero-tolerance policy.
Law.com – 16 hours ago ¦ comment?
GCs Bristle at Proposed Disclosure Rules
Changes proposed by the Financial Accounting Standards Board that would force public companies to disclose more about the risks of litigation have caused a howl of protest among general counsel and corporate and defense lawyers. In-house and big-firm lawyers say the changes would force companies to lay their litigation strategies out for opponents to see, potentially lead to a waiver of attorney-client privilege, and lead to more securities fraud cases if hard-to-predict litigation turns out differently.
Law.com – 16 hours ago ¦ comment?
Changes proposed by the Financial Accounting Standards Board that would force public companies to disclose more about the risks of litigation have caused a howl of protest among general counsel and corporate and defense lawyers. In-house and big-firm lawyers say the changes would force companies to lay their litigation strategies out for opponents to see, potentially lead to a waiver of attorney-client privilege, and lead to more securities fraud cases if hard-to-predict litigation turns out differently.
Law.com – 16 hours ago ¦ comment?
Keyword Searches: A Grim Prognosis
Mushrooming volumes of ESI require lawyers to use automated search tools to find privileged documents, but courts are less willing to indulge the fiction that these tools perform in unskilled hands. The jig is up, and lawyers are now obliged to prove these proxies really work.
Law.com – 16 hours ago ¦ comment?
Mushrooming volumes of ESI require lawyers to use automated search tools to find privileged documents, but courts are less willing to indulge the fiction that these tools perform in unskilled hands. The jig is up, and lawyers are now obliged to prove these proxies really work.
Law.com – 16 hours ago ¦ comment?
Beware Foreign Corrupt Practices Act Traps
Companies in the United States often undertake extensive promotional activities to market and sell their products throughout the world. These efforts can include paying the expenses for customers to travel to company facilities. But there is the potential that the payments will run afoul of the Foreign Corrupt Practices Act. Attorneys Richard M. Strassberg and Kyle A. Wombolt discuss recent FCPA enforcement action involving promotional expenditures and outline some compliance best practices.
Law.com – 16 hours ago ¦ comment?
Companies in the United States often undertake extensive promotional activities to market and sell their products throughout the world. These efforts can include paying the expenses for customers to travel to company facilities. But there is the potential that the payments will run afoul of the Foreign Corrupt Practices Act. Attorneys Richard M. Strassberg and Kyle A. Wombolt discuss recent FCPA enforcement action involving promotional expenditures and outline some compliance best practices.
Law.com – 16 hours ago ¦ comment?
Nokia, Qualcomm Settle Long-Running Licensing Dispute
Nokia and Qualcomm said Wednesday they agreed to settle a high-stakes licensing dispute and end a bitter legal battle that has lasted nearly three years and spanned several continents. The wireless industry heavyweights said the 15-year licensing deal gives Nokia rights to a wide portfolio of Qualcomm's patents. The pact covers a host of technologies that didn't exist or were in their infancies when the two companies signed, and later renewed, their initial agreement.
Law.com – 16 hours ago ¦ comment?
Nokia and Qualcomm said Wednesday they agreed to settle a high-stakes licensing dispute and end a bitter legal battle that has lasted nearly three years and spanned several continents. The wireless industry heavyweights said the 15-year licensing deal gives Nokia rights to a wide portfolio of Qualcomm's patents. The pact covers a host of technologies that didn't exist or were in their infancies when the two companies signed, and later renewed, their initial agreement.
Law.com – 16 hours ago ¦ comment?
Court Establishes First Guidelines For Mediators, Neutral Evaluators
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
Brokers' Employment Suit Backfires, Defendant Awarded $1.6 Million
A federal judge in Pennsylvania has upheld a $1.6 million arbitration award for a mortgage company that was being sued under RICO by two former brokers who sought damages of $20 million or more. The arbitrator ruled that the company owed the two brokers $317,364 for breaching the "protected territories" provision of their employment agreements, but found that the two brokers owed the company for unearned advances and for their breach of the employment contracts based on their contacts with a competitor.
Law.com – 16 hours ago ¦ comment?
A federal judge in Pennsylvania has upheld a $1.6 million arbitration award for a mortgage company that was being sued under RICO by two former brokers who sought damages of $20 million or more. The arbitrator ruled that the company owed the two brokers $317,364 for breaching the "protected territories" provision of their employment agreements, but found that the two brokers owed the company for unearned advances and for their breach of the employment contracts based on their contacts with a competitor.
Law.com – 16 hours ago ¦ comment?
Latham Puts Lawyers in Mideast Offices
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
SEC Files Fraud Actions Against Fuel, Wireless Firms
The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses. An SEC director says about 5 percent of the cases brought by the SEC's national enforcement program involve pump-and-dump schemes.
Law.com – 16 hours ago ¦ comment?
The Atlanta Regional Office of the Securities and Exchange Commission has filed fraud actions against two Southeastern companies -- Mobile Ready Entertainment and U.S. Sustainable Energy Corp. -- alleging they engaged in "pump-and-dump" schemes in which companies distribute bogus information to pump up share prices, only to dump the stock and leave investors with huge losses. An SEC director says about 5 percent of the cases brought by the SEC's national enforcement program involve pump-and-dump schemes.
Law.com – 16 hours ago ¦ comment?
Court Orders Dickie Scruggs to Ky. Federal Prison
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
Read full story for latest details.
Law.com – 16 hours ago ¦ comment?
