04/01/2020
Am Law 100 Firm Cuts Partner Pay Entirely, Reduces Associate Salaries By 25 Percent
Another Biglaw firm is tightening its belt because of COVID-19.
Legal, Regulation & Compliance
04/01/2020
The ’emergency room of law’: Protections are critical for whistleblowers and their lawyers
On Feb. 26, an employee of the Department of Health and Human Services lodged a whistleblower complaint with the Office of Special Counsel
04/01/2020
United States' progress in strengthening measures to tackle money laundering and terrorist financing
The United States is now compliant on 9 of the 40 Recommendations and largely compliant on 22 of them.
04/01/2020
The Art Market Adjusts: The impact of the government's decreased oversight of private sale of antiquities and other artwork
My colleagues, Kenley Stark and Georges Lederman, discuss the impact of the coronavirus on the Government’s regulation and enforcement of laws concerning the art market.
04/01/2020
Banks around the world are suspending loan repayments as coronavirus hits borrowers
Small and medium-sized firms can defer principal payments on secured term loans also up to the end of the year.
03/30/2020
COVID-19: Audi, McDonald’s And Other Brands Redesign Logo To Promote ‘social Distancing’
Meanwhile, several corporate brands have come up with innovative ideas to promote the message of social distancing at the time of the public health crisis.
03/30/2020
US Files First Enforcement Act Against COVID-19 Fraud
Assistant Attorney General Jody Hunt said the Department had assumed a zero-tolerance approach to this kind of fraud.
03/30/2020
Managing risks that come with federal funds
This alert examines the issues that recipients of federal funds confront and suggests best practices for mitigating risk.
03/30/2020
The Royal Court recognises Canadian 'debtor in possession' bankruptcy orders over a Jersey company
It is the first time that such Canadian proceedings have been recognised in Jersey.
03/27/2020
The top five misconceptions of hedge fund compliance with Regulation D and the impact of Blue Sky laws
The goal of our webinar is to provide specific takeaways and ideas you can take back to your firms on how to better handle important blue sky issues.
03/26/2020
Stimulus deal includes temporary relief for retirement plans
Historic legislation would also ban companies' use of aid to buy back stock
03/26/2020
House bill introduced to suspend required minimum distributions
Currently, individuals who do not follow RMD rules face a penalty of 50% of the amount that should have been distributed, the lawmakers noted.
03/26/2020
Wall Street Bonuses Could Fall 40% This Year in ‘Perfect Storm’
“This is a shock to the system that you see about every 10 years.”
03/26/2020
SEC provides additional relief for certain filing and proxy delivery obligations, and issues disclosure guidance relating to the impacts of COVID-19
The company or any person required to make any filings with respect to such company files the subject report, schedule, or form required to be filed no later than 45 days after the original due date.
03/26/2020
SEC Charges Investment Adviser for Failing to Disclose Conflicts
Securities and Exchange Commission v. Donald H. Hunter, Civil Action No. 3:20-cv-00391-RNC (D. Conn, filed March 24, 2020)
03/25/2020
Focus Financial Sues Executive Who Jumped to Hightower
Holsopple, who the suit says falsely represented that he was not joining a direct competitor when he unexpectedly resigned and who was subsequently sent a cease-and-desist letter, did not respond to a request for comment.
03/25/2020
Tax in the time of COVID-19
The goal is to ensure that households and businesses are able to keep their heads above water until the health crisis can be contained, so that the economy is ready to rebound once the worst of the pandemic has passed.
03/25/2020
Acting selfishly has consequences right now – why ethical decision making is imperative in the coronavirus crisis
In fluid situations, these conditions are hard to meet.
03/25/2020
Law Firms Conduct Layoffs, Slash Salaries In Response To Pandemic
We sympathize with anyone who has to deal with the anxiety of a global health crisis AND financial insecurity.
03/25/2020
Coronavirus Job Listings and Money Laundering Schemes
Scammers posing as a legitimate charity foundation are hiring online customer service representatives that are required to do some groundwork in an initial stage.