On September 15, 2008, Lehman Brothers declared bankruptcy, an event considered by many to mark the beginning of the credit crisis of 2008-2009 and
In 2008, President George W. Bush signed into law the Emergency Economic Stabilization Act of 2008 (H.R. 1424), which, among other things
On July 24, 2013, the Office of the Special Inspector General for the Troubled Asset Relief Program ("SIGTARP") filed its latest Quarterly Report to
In Murray v. United States Department of Treasury, et al. (No. 11-1063), plaintiff Kevin Murray argued that the bailout of American International Group, Inc. under the Emergency Economic Stabilization Act of 2008 (“EESA”) violated the Establishment Clause because six of the company’s subsidiaries sell and market Sharia (or Islamic law) compliant financial products.
On October 3, 2008 the President signed into law, as part of the Emergency Economic Stabilization Act of 2008 (the “Act”), changes to the federal tax law designed to provide economic relief to the Hurricane Ike disaster area.
Ohio school districts have a significant opportunity to finance renovations to certain school facilities through the qualified zone academy bond (QZAB) program
One of the defining characteristics of the current financial crisis has been the large number of banks that have failed348 during 2008 through March 2011taking investor money and the FDIC's Deposit Insurance Fund ("DIF") funds with them.
Based on a provision in the Pension Protection Act of 2006, an individual who is age 70-12 or older may make a tax-free donation of up to $100,000 directly from his or her individual retirement account to a qualified charity.
On January 25, 2011, the Securities and Exchange Commission (the "SEC") released its fi nal rules relating to shareholder approval of executive compensation arrangements.
As required under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank), the U.S. Securities and Exchange Commission (SEC) adopted rules regarding shareholder approval of executive compensation and “golden parachute” arrangements on January 25, 2011. See Release Nos. 33-9178 and 34-63768.