In the Courts
October 29, 2008
An in-depth discussion of recent cases.
Undisclosed Foreign Bank Accounts
October 29, 2008
On July 17, 2008, UBS A.G., the giant Swiss bank, announced its cooperation with the Department of Justice (DOJ) and the IRS and its identification to the authorities of U.S. clients who use undeclared foreign accounts and thus may have committed tax fraud by concealing income. Herein is a discussion of voluntary disclosure.
FCPA Due Diligence and Data Privacy Laws
October 29, 2008
As Russia, China, India and a host of other countries open their doors to U.S. investors, the number of companies and individuals who need to think about the risk of prosecution under the Foreign Corrupt Practices Act of 1997 (FCPA) has increased tremendously. This article explains.
Verdicts
October 29, 2008
Recent rulings of importance to you and your practice.
No Genes in the Workplace
October 29, 2008
On May 21, 2008, President Bush signed into law the Genetic Information Non-Discrimination Act of 2008. This act prohibits employers and insurers from discriminating against individuals based on an individual's genetic information. The Act, which, on the employment side, is patterned after Title VII of the Civil Rights Act of 1964, creates a new federal cause of action for genetic discrimination, providing for jury trials, compensatory damages and punitive damages.
D&O Liability Policies: A Potential Asset for Troubled Companies
October 28, 2008
The present economic climate is predictive of increased bankruptcy filings, liquidations, and other insolvencies. Under the appropriate circumstances, a company's directors' and officers' liability policies are potential corporate assets that should not be forgotten or ignored.
A New Approach: Disclaiming Coverage for Arson to a Vacant Building in Standard Fire Policy States
October 28, 2008
While insurers have often tried to exclude losses for arson occurring in a vacant building under the typical vandalism exclusion, there is no clear consensus for how a given court may rule in such a situation. The biggest hurdle appears to be the differing opinions of the "average" insurance purchaser from state to state, and there appears to be very little rhyme or reason for the difference in results.
IP News
October 28, 2008
Highlights of the latest intellectual property news from around the country.