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Individual members of LLC personally liable for torts committed in furtherance of the LLC’s business
  • Alston & Bird LLP
  • USA
  • June 20 2012

In the South Carolina case of 16 Jade Street, LLC v. R. Design Construction Company, the court wrestled with the scope of protection from tort liability provided to individual members of a limited liability company


Contractor’s officers liable for failure to complete punch list
  • Alston & Bird LLP
  • USA
  • June 20 2012

A cautionary tale about the consequences of disregarding the separateness of a corporate entity is told in the recent case of Christopher v. Sinyard out of Georgia


Loss duplication regulations finalized
  • Alston & Bird LLP
  • USA
  • October 1 2013

Nine years after enactment of Section 362(e)(2) and seven years after proposal of regulations, the Treasury issued final regulations, effective for


Fifth Circuit to weigh whether requests for reimbursement under e-rate actionable under FCA
  • Alston & Bird LLP
  • USA
  • March 4 2014

In March, the U.S. Fifth Circuit Court of Appeals will hear argument in an appeal that questions whether requests for reimbursement under the federal


Cybersecurity: what directors need to know in an era of increased scrutiny
  • Alston & Bird LLP
  • USA
  • August 6 2014

"Boards that choose to ignore, or minimize, the importance of cybersecurity responsibility do so at their own peril." SEC Commissioner Luis A


Delaware’s first published administrative appeals decision addresses validity of estimation techniques
  • Alston & Bird LLP
  • USA
  • June 16 2014

In the first published decision from an administrative appeal under the Delaware Escheats Law, the independent reviewer rejected the holder's


House Financial Services Committee holds hearing on executive compensation
  • Alston & Bird LLP
  • USA
  • February 26 2010

Yesterday, the House Committee on Financial Services held a hearing entitled, "Compensation in the Financial Industry - Government Prospective."


Treasury provides funds under Auto Supplier Support Program
  • Alston & Bird LLP
  • USA
  • April 14 2009

Yesterday’s completed transaction report included the first round of funding under the Auto Supplier Support Program, originally announced on March 19


Special Master for TARP Executive Compensation rules on 2010 executive compensation at institutions receiving TARP exceptional assistance
  • Alston & Bird LLP
  • USA
  • March 23 2010

Today, Special Master for TARP Executive Compensation, Kenneth R. Fienberg, ruled on 2010 compensation pay for the "Top 25" executives at the five remaining firms that have received exceptional financial assistance under the Troubled Asset Relief Program (TARP): American International Group, Chrysler Group LLC, Chrysler Financial, General Motors Company, and General Motors Acceptance Corporation Financial Services (GMAC


Derivative action dismissed due to inadequate plaintiff
  • Alston & Bird LLP
  • USA
  • October 6 2008

Federal Rule of Civil Procedure 23.1 requires that a shareholder derivative action be dismissed “if it appears that the plaintiff does not fairly and adequately represent the interest of shareholders.”