Managers of Wealth Americas

One Of The Top 40 Largest Law Firms In The Country Is Cutting Associate Salaries

There's a little twist of the knife on these salary cuts.

How employers can continue to protect confidential information and trade secrets with a remote workforce

Such steps will continue to serve businesses well even after the worst of COVID-19 has passed.

Filing Fees Now Required for Certain CFIUS Filings

Filing fees are required when filing a formal notice, i.e., when deal parties either file a formal notice for a transaction subject to mandatory filing requirements

Gold is well-positioned as a hedge against inflation risk from expansionary fiscal and monetary policies

This goes against gold’s embedded characteristics, but we think that the unique circumstances at the time of that selloff are likely in the rear view.

Litigating Lending Agreements During and in the Aftermath of a Pandemic

As the effects of COVID-19 continue to weigh down the economy, parties may seek to renegotiate their deal.

Activist investor hedge fund reportedly financing Eko lawsuit against Quibi over Turnstyle feature

The Wall Street Journal reports Elliott Management would get a stake in Eko

America’s Largest Banks Sued By Small Businesses Over Stimulus Application Denials

Via America’s Lawyer: RT correspondent Brigida Santos joins Mike Papantonio to outline lawsuits against big banks like Wells Fargo who have been doling out business loans to their wealthier clients rather than smaller businesses who the federal fund

New House committee on coronavirus may shift investigatory landscape for federal fund recipients

This Committee’s creation suggests that a number of CARES Act fund recipients may be facing their most visible oversight from a congressional inquiry rather than from an agency enforcement proceeding.

Activist investor hedge fund reportedly financing Eko lawsuit against Quibi over Turnstyle feature

The Wall Street Journal reports Elliott Management would get a stake in Eko

American Bank Global Powerhouses Focusing on the Domestic Market First

Pressure and opportunity combine to bring large banks home

LPL to Acquire $1.5B Wealth Management Practice

The deal is structured as an asset purchase agreement that includes both a payment at closing and potential contingent payments.

COVID-19 Layoffs Can Mean PBGC Reporting Obligations

PBGC monitors workforce reductions, so plan sponsors must be vigilant.

Art market enforcement during the pandemic

Art market participants who are engaged in pending or projected transactions that are otherwise subject to regulatory oversight but that have been interrupted by the health crisis must take care not to run afoul of these regulations in the absence of any

Reporting with accuracy in the midst of the coronavirus

Graver consequences indeed would be faced by anyone foolish enough to ingest detergent, surely.

All Bark, No Bite: How US Bungled Case of ‘Major’ Money Launderer

The investigation into the Waked family’s alleged criminal enterprise started with an anonymous tip 10 years before Nidal was arrested in May 2016 at the international airport in Colombia’s capital, Bogotá.

Keith Robinson elected as Fellow of the American College of Trust and Estate Counsel

Keith is one of only two Bermuda lawyers who have been elected as international fellows of ACTEC

SEC transaction halt highlights unique issues for issuers and investors alike

Concerns include companies claiming the ability to prevent or cure COVID-19 which may result in dramatic increases in value.

SEC’s Suspension of 23 Companies Demonstrates That Whistleblowers Will be the Key to Holding Coronavirus Fraudsters Accountable

This new wave of whistleblowers incentivized by successful reward laws will play a critical role in combatting coronavirus fraudsters.

Shearman & Sterling offers lawyers huge holidays on 30% pay

But given the sizeable wedge earned by Shearman lawyers, it would seem more surprising if there were no takers for six months off work on 33% pay. They will just need no school fees, a small mortgage and a vast library of box sets.

After Slashing Partner Compensation, Biglaw Firm Moves To Stage 2 Of COVID-19 Austerity Measures: Attorney Layoffs (And More)

More cuts at this Am Law 200 firm.

Legal, Regulation & Compliance