Law.com Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

The Corporate CounselorLJN NewslettersNewsSections

Strategic Considerations When Conducting an Internal Investigation

By Daniel Polatsek, Brian McCarthy, and Scott Woodworth

Workplace fraud is ever present, but in a bleak market, employees increasingly feel the financial pinch in their personal lives. Inhibitions are diminished by stark economic realities, and employees occasionally turn to theft, misappropriation and fraud. The headlines are full of fraudulent schemes both epic and small, from the massive Madoff pyramid scheme to employee theft of materials at the smallest level.

Workplace fraud falls into three general categories. “Asset misappropriation” includes fraudulent invoicing, payroll fraud, theft of trade secrets, confidential information and other intellectual property. “Corruption” is fraud that generally involves acceptance of a bribe, kickbacks through bid-rigging, or use of conflict of interest schemes to obtain an unlawful benefit. For example, where long-time and trusted employees retain favored third-party suppliers in return for kickbacks from those suppliers Falsification of “financial statements,” the third fraud category, consists of material falsehoods in financial statements, such as booking fictitious sales or taking expenses in the wrong period.

This premium content is locked for Entertainment Law & Finance subscribers only

  • Stay current on the latest information, rulings, regulations, and trends
  • Includes practical, must-have information on copyrights, royalties, AI, and more
  • Tap into expert guidance from top entertainment lawyers and experts

For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473

Read These Next
The Article 8 Opt In Image

The Article 8 opt-in election adds an additional layer of complexity to the already labyrinthine rules governing perfection of security interests under the UCC. A lender that is unaware of the nuances created by the opt in (may find its security interest vulnerable to being primed by another party that has taken steps to perfect in a superior manner under the circumstances.

Beach Boys Songs Written Decades Ago Triggered Current Quarrel With Lawyers Image

There's current litigation in the ongoing Beach Boys litigation saga. A lawsuit filed in 2019 against Nevada residents Mike Love and his wife Jacquelyne in the U.S. District Court for the District of Nevada that alleges inaccurate payment by the Loves under the retainer agreement and seeks $84.5 million in damages.

Major Differences In UK, U.S. Copyright Laws Image

This article highlights how copyright law in the United Kingdom differs from U.S. copyright law, and points out differences that may be crucial to entertainment and media businesses familiar with U.S law that are interested in operating in the United Kingdom or under UK law. The article also briefly addresses contrasts in UK and U.S. trademark law.

Strategy vs. Tactics: Two Sides of a Difficult Coin Image

With each successive large-scale cyber attack, it is slowly becoming clear that ransomware attacks are targeting the critical infrastructure of the most powerful country on the planet. Understanding the strategy, and tactics of our opponents, as well as the strategy and the tactics we implement as a response are vital to victory.

Transfer Tax Implications on Real Property Leases Image

The real property transfer tax does not apply to all leases, and understanding the tax rules of the applicable jurisdiction can allow parties to plan ahead to avoid unnecessary tax liability.