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: Legal

2011 On Track For Record Securities Lawsuit Filings: Advisen, Ltd. Report
FEI Express Private Company Edition #84
FASB Delays Changes To Disclosure Of Loss Contingencies; Not Effective This Year
At its Oct. 27, 2010 board meeting, the FASB agreed that its proposal amending disclosure of loss contingencies (including lawsuits) - as yet not a final standard - would not become effective this year. President Signs Small Business Jobs Act
The Small Business Lending Fund Act of 2010 was approved by the House and was sent to Pres. Barack Obama, who is expected to sign it on Mon., Sept. 27. Small Business Jobs and Credit Act of 2010 Passes Senate
Sept. 16, 2010, the Obama administration pass the Small Business Jobs and Credit Act of 2010 by a 61-38 vote. In Brief: January 10
In Brief: December 09
In Brief: November 09
FASB Proceeds On Loss Contingencies; Financial Instruments
At its Aug. 19, 2009 board meeting, FASB made certain decisions as it moves toward a final standard on disclosure of certain loss contingencies. Additionally, FASB decided on a definition of financial instruments and some items to scope out of the definition for purposes of its current financial instruments project. in brief: July 09
When Corporate Insolvency Creates Conflicting Duties
Insolvency will increase exposure for directors and officers by requiring them to consider creditors’ interests, and it is difficult to tell when a corporation crosses the line into insolvency, thus causing potential conflicts for directors and officers. Here are ideas on handling. Administration Releases Regulatory Reform Proposal
On March 26, 2009 U.S. Treasury Secretary Timothy Geithner appeared before the House Financial Services Committee to address overhauling financial regulatory systems. in brief: March 09
Textron Ruling Issued Relating To Tax Accrual Workpapers
legal issues: september 08
The current economic crisis and resulting wave of class-action lawsuits actually hold a silver lining:the tools to avoid the next round of litigation. Subprime, Stock Market Volatility Cause Securities Class Actions To Rise 1st Half '08
2007 Securities Class Action Filings Due To Subprime Crisis, Stock Market Volatility
Stanford Law School and Cornerstone Research found that the number of companies sued in securities fraud class action litigation was 14 percent below the ten-year historical average, although activity rose from 116 to 166 between 2006 and 2007 due to the subprime crisis and stock market volatility. managing litigation: December 07
Effectively defending against a lawsuit requires preparation and participation by senior executives, especially in an era in which huge sums may be at stake over routine items like emails. Legal: september 07
Today, governmental agencies expect a company under investigation to broadly waive attorney-client or work-product protections, Without these protections, however, corporations can find themselves at an extreme disadvantage during litigation. 2006 Securities Class Action Settlements, By Cornerstone Research
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