Law.com Subscribers SAVE 30%

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

Features

Litigation Image

Litigation

ALM Staff & Law Journal Newsletters

Recent rulings of interest to your practice.

Features

Landlord & Tenant Image

Landlord & Tenant

ALM Staff & Law Journal Newsletters

Important rulings you should know.

Index Image

Index

ALM Staff & Law Journal Newsletters

An in-depth listing of all the cases discussed in this issue.

Features

Development Image

Development

ALM Staff & Law Journal Newsletters

Recent cases of importance to you and your practice.

Tax Foreclosure Sales: What Notice Is Due? Image

Tax Foreclosure Sales: What Notice Is Due?

Stewart E. Sterk, Esq.

To what extent does the increasing availability of information change statutory or constitutional obligations to provide notice of tax foreclosure proceedings?

Features

Real Property Law Image

Real Property Law

ALM Staff & Law Journal Newsletters

Recent rulings of importance to your practice.

Features

In The Spotlight Image

In The Spotlight

Michael E. Clark

On March 28, 2003, Tommy G. Thompson, Secretary of the United States Department of Health and Human Services (HHS), announced the publication of a proposed draft guidance to protect human-research subjects from the risks of harm possibly arising from researchers' financial conflicts of interests.

Cases in Court Image

Cases in Court

ALM Staff & Law Journal Newsletters

Guilty pleas have been entered for the first time under new Sarbanes-Oxley Provisions. On April 5, 2003, <i>The New York Times</i> reported that Richard Scrushy, former Chief Executive Officer for HealthSouth Corporation, the largest provider of diagnostic imaging, outpatient surgery, and rehabilitation services with locations in 50 states and abroad, has been targeted by regulators for allegedly helping to overstate the company's earnings by more than $2 billion during the past 6 years.

Features

Regulatory Developments Image

Regulatory Developments

ALM Staff & Law Journal Newsletters

All the latest on what you need to know.

Features

ASC Joint Venture Causes Concern for the OIG Image

ASC Joint Venture Causes Concern for the OIG

Reed Tinsley

The Office of the Inspector General, in OIG Advisory Opinion Number 03-5, recently ruled whether an ambulatory surgery center (ASC) could be jointly owned by a hospital and a multi-specialty group practice that had a substantial number of physician members who would not personally use the ASC (the "Proposed Arrangement"). More specifically, the OIG was asked to provide an opinion about whether or not the Proposed Arrangement would constitute a violation of the anti-kickback statute.

Need Help?

  1. Prefer an IP authenticated environment? Request a transition or call 800-756-8993.
  2. Need other assistance? email Customer Service or call 1-877-256-2472.

MOST POPULAR STORIES

  • Private Equity Valuation: A Significant Decision
    Insiders (and others) in the private equity business are accustomed to seeing a good deal of discussion ' academic and trade ' on the question of the appropriate methods of valuing private equity positions and securities which are otherwise illiquid. An interesting recent decision in the Southern District has been brought to our attention. The case is <i>In Re Allied Capital Corp.</i>, CCH Fed. SEC L. Rep. 92411 (US DC, S.D.N.Y., Apr. 25, 2003). Judge Lynch's decision is well written, the Judge reviewing a motion to dismiss by a business development company, Allied Capital, against a strike suit claiming that Allied's method of valuing its portfolio failed adequately to account for i) conditions at the companies themselves and ii) market conditions. The complaint appears to be, as is often the case, slap dash, content to point out that Allied revalued some of its positions, marking them down for a variety of reasons, and the stock price went down - all this, in the view of plaintiff's counsel, amounting to violations of Rule 10b-5.
    Read More ›