Defining Moment: 'Foreign Official' Under the FCPA
In terms of the FCPA, while the concept of a "foreign official" might seem to be straightforward, it is actually quite murky.
Hidden Issues in Balance Sheets
Attorneys for creditors and debtors, and bankruptcy judges, are making recommendations or decisions based on only cursory consideration of potentially misleading balance sheets.
The DOJ's New Fee Application Guidelines
In response to perceived excesses in the bankruptcy compensation process, the United States Trustee Program recently introduced new fee application guidelines for qualifying engagements.
<i><b>Online Extra</i></b> NLRB Memo 'Unlikes' Social Media Policies
In a warning to employers, the National Labor Relations Board has 'unliked' certain social media policies that restrict an employee's right to speak critically of the employer online, unless the policies were set in collective bargaining.
Features
Keep Mortgage Loan Promises ' or Else
The terms of, and promises made in, a mortgage loan for a shopping center control the operation, ownership of and disposition of that shopping center so long as that loan remains outstanding.
Features
In the Spotlight: Lease Extension Options
This article explores ' from the landlord's perspective ' how to evaluate and craft an option to extend the term of a lease.
The Evolving Landscape of Distressed Bank Restructurings
Although actual failures appear to have declined, the FDIC's list of nearly 700 "problem" banks reveals that the problem of inadequate bank capitalization and the need for restructuring remains strong.
Features
<i><b>Online Extra</i></b>Jury Sides Against EA in Suit over Madden Football
A San Francisco federal jury found that early versions of Electronic Arts' Madden NFL Football were derivative works of a game created by Robin Antonick. The verdict ' the second favoring Antonick in a three-phase trial ' will be worth between $3.5 million and $11.6 million in unpaid royalties, pending a decision on prejudgment interest, according to one of Antonick's attorneys.
Columns & Departments
Cameo Clips
Copyright Infringement/Contempt Motion Denied<br>Venue Competition/Expert Witnesses
Features
Lease Accounting Project
The FASB and IASB issued the second Exposure Draft ("ED") of the proposed new leasing rules on May 16, 2013 with a deadline for comments of Sept. 13, 2013. The ED is an improvement over the 2010 ED in that it is closer to current GAAP in areas such as the definition of the lease term and lease payments.
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