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On Feb. 17, 2009, President Obama signed into law the American Recovery and Reinvestment Act of 2009 ("ARRA" or the "Act"). The Act creates new obligations for employers under the Consolidated Omnibus Budget Reconciliation Act of 1986 ("COBRA"). Here's what you need to know.
Page Davidson is a member of the Transactional Corporate and Securities Practice of the Nashville-based firm Bass Berry & Sims PLC. In this interview, Mr. Davidson discusses the increased role that shareholder activists play in M&A deals, how corporate counsel can develop a productive working relationship with shareholder activists, and the current marketplace forces that have led to a chain of failed deals.
Features
It would be hard to find an IT department of a large business that was not undertaking a "cloud computing" project or at least considering the idea. Here's a look at what it is and how it works.
In recent years, companies doing business in countries where human rights or environmental violations have occurred have found themselves dragged into U.S. courts as defendants in lawsuits brought by foreign plaintiffs to account for violations ' often committed by others, including foreign governments. Here's an update.
Features
A recent United States court decision highlights the opportunities and pitfalls associated with the potential use of U.S.-style discovery to obtain materials for use in international arbitrations.
This edition of the Quarterly State Compliance Review looks at some legislation of interest to corporate lawyers that went into effect recently. It also discusses some recent decisions of interest, including one from the Delaware Supreme Court and two from the Delaware Chancery Court.
In law, exceptions can swallow the rules if the rule-makers are not careful. One area of particular concern is when the privilege over communications with lawyers is called into question because those communications have been invoked to show someone's good faith in attempting to follow the law.
Features
With ever widening budget deficits and economic limitations on raising taxes, the IRS will go in the only direction it can, that is, to mine the "tax gap" ' the difference between the taxes that should have been collected under current law and those that actually are collected.