All Articles
No D&O Coverage For Payment To Shareholder Class
Directors' and officers' insurance policies are full of holes and do not provide coverage for many basic corporate exposures. The Genzyme case discussed below demonstrates the prevalence of the insurers' defense that many settlement payments do not constitute "loss" under the D&O policy but...
Read MoreRetirement Portfolios: If Tax Diversification Is The Key, Conversion Of A Traditional IRA To A ROTH IRA In 2010 May Be The Answer
Modern portfolio theory states that a diversified portfolio has lower overall risk than a portfolio that is invested in a single asset or asset class. The reason for this is that different types of assets react (i.e. experience changes in value) differently to external factors. For example, when...
Read MoreFirst Circuit Denies Work Product Protection For Tax Accrual Workpapers
1 I.R.M. 4.10.20.2 (7/12/2004). 2 Internal Revenue Code of 1986, as amended, § 7602. 3U.S. v. Arthur Young & Co., 465 U.S. 805 (1984), rev'g 677 F2d 211 (2nd Cir. 1982), rev'g 496 F. Supp. 1152 (D.C. N.Y. 1980). 4 No. 07-2631 (1st Cir. Aug. 13, 2009) (en banc). 5 Announcement 2002...
Read MoreSetting The Record Straight On The EFCA
Editor: Please tell our readers about your general practice area. Stock: I represent employers in many different industries in all aspects of labor and employment law and immigration law. I am based in New York City, but handle workplace matters all over the United States. Editor: For the first...
Read MoreAdvancing Pro Bono To The Next Level
Editor: Ms. Lozner, would you please describe your public service background? Lozner: Public service has always been a priority for me, both personally and professionally. I am one of the five founding staff members for the Lowenstein Center for the Public Interest, which the firm launched...
Read MoreU.S. Supreme Court Issues Important Decision Regarding Superfund Apportionment And Arranger Liability Issues
On May 4, 2009, the United States Supreme Court issued its decision in Burlington Northern & Santa Fe Railway Co. v. United States (BNSF), in which the Court addressed the apportionment of liability under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), and the...
Read MoreThe Prevalence Of Privacy: Issues For In-House Counsel In The Information Age
Virtually every company - large or small, private or public, local or national - is subject to a panoply of privacy laws. Privacy legislation in the United States is a complex and confusing patchwork of federal and state statutes and regulations. These laws, which govern a broad spectrum of...
Read More