New York attorney general files first tax enforcement complaint under New York’s trailblazing False Claims Act statute *

USA - April 26 2012
On April 19, 2012, New York’s attorney general filed the first tax enforcement complaint under New York’s novel False Claims Act (“Act”), alleging that Sprint- Nextel Corp. had deliberately understated sales tax payments to New York by over $100 million since July, 2005.

Co-authors: David W. Bunning, Mark F. Glaser, Barbara T. Kaplan.

New York governor proposes limits on state’s reimbursement of executive compensation and administrative expenses *

USA - January 24 2012
As part of his 2012-2013 Executive Budget, Governor Andrew Cuomo proposed to limit the State’s reimbursement for the administrative costs of not-for-profit and for-profit service providers, as well as the reimbursement used to fund the compensation paid to executives.

Co-authors: Francis Serbaroli, Joshua L. Oppenheimer, Pamela Madeiros, Harold N. Iselin.

Recently passed New York state budget consolidates Banking and Insurance Departments into Department of Financial Services *

USA - April 4 2011
Last week the New York State Legislature passed and the Governor signed into law, the 2011-2012 State budget.

Co-authors: Michael J. Murphy.

Governor Cuomo proposes powerful Financial Fraud and Protection Unit as part of the new Department of Financial Regulation *

USA - February 2 2011
On February 1, New York Governor Andrew Cuomo released his Executive Budget proposal.