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Process for adopting other post-employment benefits ("OPEB" ) trust

Day Pitney LLP
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USA
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February 8 2007

Under Governmental Accounting Standards Board (“GASB”) Statement 45, public employers must soon account differently for “other post-employment benefits” (“OPEB Benefits”

Employee wrongfully terminated for complaining about fraud

Fenwick & West LLP
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USA
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January 8 2008

In Casella v. SouthWest Dealer Services, Inc., a California court of appeal affirmed a jury verdict for wrongful termination in violation of public policy against a company selling extended warranties

Notice of prior suit against company does not constitute adequate notice of later suit against directors and officers

Wiley Rein LLP
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USA
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January 8 2008

A Florida appellate court has held that a D&O policy issued to a company does not afford coverage for shareholder lawsuits against directors and officers of the company (the "Shareholder Suit") filed after the policy expired, even though the company had tendered during the policy period a lawsuit filed against the company over a failed merger as well as a state insurance investigation into the company's reserve levels (the "Prior Proceedings") because the Prior Proceedings did not provide the insurer with sufficient notice that the earlier matters could lead to shareholder suits against the company's directors and officers

Don’t let the new Civil Union Law lead to civil lawsuits for your company

Reed Smith LLP
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USA
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February 6 2007

On Oct. 25, 2006, the New Jersey Supreme Court held in Lewis v. Harris, 188 N.J. 415 (2006) that same sex couples in New Jersey are covered by the equal protection clause in New Jersey’s constitution

First Delaware decisions on option grant dating: Ryan v Gifford and In Re Tyson Foods, Inc. Consol. Shareholder Litig.

Fenwick & West LLP
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USA
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February 12 2007

In two separate decisions issued on February 6, the Delaware Chancery Court weighed in for the first time on issues directly relating to the current wave of stock option matters

No coverage for breach of contract claims against company and its officer

Wiley Rein LLP
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USA
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February 12 2007

A California intermediate appellate court, applying California law, has held that a professional liability policy does not afford coverage for breach of contract claims asserted against a company and one of its officers

Federal Court permits corporate issue ads near an election

Wiley Rein LLP
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USA
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January 19 2007

By a 2-1 vote in an opinion written by the highly respected Judge Sentelle, a special three-judge district court of the US District Court for the of Columbia held that corporations have a first Amendment right to fund “true issue ads” during elections, even though they mention candidates and thus fall within the definition of “electioneering communications” found in the Bipartisan Campaign Reform Act (BCRA) of 2002

IRS announces good governance practices for exempt organizations

Baker Donelson Bearman Caldwell & Berkowitz PC
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USA
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February 14 2007

The Internal Revenue Service recently announced a number of governance practices it considers important for exempt organizations in carrying out their exempt purpose

Guidance for preparing CPO annual financial reports published

Katten Muchin Rosenman LLP
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USA
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February 9 2007

Intermediary Oversight has published its annual guidance letter to assist registered commodity pool operators (CPOs) and their accountants in preparing and filing required CPO annual financial reports

Sony BMG settles FTC charges regarding anti-piracy CDs

Venable LLP
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USA
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February 8 2007

Sony BMG Music Entertainment has entered into an agreement with the Federal Trade Commission settling both unfairness and deception charges that stemmed from software installed by the company’s CDs

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Search results

Process for adopting other post-employment benefits ("OPEB" ) trust

Employee wrongfully terminated for complaining about fraud

Notice of prior suit against company does not constitute adequate notice of later suit against directors and officers

Don’t let the new Civil Union Law lead to civil lawsuits for your company

First Delaware decisions on option grant dating: Ryan v Gifford and In Re Tyson Foods, Inc. Consol. Shareholder Litig.

No coverage for breach of contract claims against company and its officer

Federal Court permits corporate issue ads near an election

IRS announces good governance practices for exempt organizations

Guidance for preparing CPO annual financial reports published

Sony BMG settles FTC charges regarding anti-piracy CDs

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