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On June 5, 2008, the Financial Accounting Standards Board ("FASB") issued an Exposure Draft that proposed amendments to Statement of Financial Accounting Standards No.
Client Alert | June 24, 2008
Today, the Supreme Court issued two important opinions interpreting the Age Discrimination in Employment Act (“ADEA”). In Meacham v. Knolls Atomic Power Laboratory, aka KAPL, Inc., et al., the Supreme Court resolved an emerging split among the U.S.
Client Alert | June 19, 2008
On June 11, 2008, in a closely watched case, Judge Lewis A. Kaplan of the U.S. District Court for the Southern District of New York issued a decision in CSX Corporation v. The Children's Investment Fund Management (UK) L.L.P.
Client Alert | June 12, 2008
BNA's Occupational Safety & Health Reporter featured Baruch Fellner for his accomplishments and expertise in the area of OSHA regulation and enforcement.
Client Alert | June 12, 2008
On June 9, 2008, the U.S. Supreme Court issued a unanimous opinion in Allison Engine Co. v. United States ex rel. Sanders that significantly narrowed the scope of the False Claims Act.
Client Alert | June 11, 2008
On June 9, 2008, the President amended Executive Order 12989 to require federal government contractors to "agree to use an electronic employment eligibility verification system designated by the Secretary of Homeland Security"--the "E-Verify" system.
Client Alert | June 11, 2008
Against a backdrop of continued attention to -- and criticism of -- nonprofit governance and accountability, the IRS has adopted a substantially revised Form 990 that calls for significantly expanded disclosures.
Client Alert | June 9, 2008
On May 30, 2008, the Securities and Exchange Commission proposed that issuers be required to file a supplemental exhibit “tagging” their financial statements with an interactive data format known as XBRL (eXtensible Business Reporting Language).
Client Alert | June 6, 2008
New York associate Matthew Benjamin is a co-author of "Going It Alone: The Costs of Unilateral Law Enforcement" published by ALM Law Journal Newsletters' Business Crimes Bulletin.Reprinted with permission, © 2008, ALM Properties, Inc.
Client Alert | June 1, 2008
Brussels Partner Peter Alexiadis is the author of "Informative and Interesting: The CFI Rules in Deutsche Telekom v. European Commission" [PDF] which appeared in the May, 2008 issue of GCP Magazine.Reprinted by permission, GCP Magazine, May-08(1)
Client Alert | May 28, 2008
In the past two months, the Delaware courts have decided two cases addressing the scope of advance notice bylaws, in both cases holding that stockholders did not have to comply with the companies’ advance notice provisions in order to nominate directors.
Client Alert | May 27, 2008
OVERVIEW Foreign Corrupt Practices Act (FCPA) enforcement has proliferated dramatically in recent years. In addition to new criminal and civil enforcement activities brought by the Department of Justice and the SEC, private civil actions now often involve the FCPA.
Client Alert | May 21, 2008
The Securities and Exchange Commission (the "Commission") recently issued a release proposing changes to the cross-border transaction rules adopted in 1999 (the "Proposing Release"), available at http://www.sec.gov/rules/proposed/2008/33-8917.pdf.After eight years of experience with the existing cross-border transaction rules, the Commission has proposed changes which amend the rules to provide more flexibility, accommodate foreign regulatory schemes and give parties greater certainty when structuring their cross-border transactions.
Client Alert | May 19, 2008
Welcome to the second Quarterly Executive Summary of 2008, in which we highlight key developments in UK Employment and Labour Law over the first quarter of 2008. We would first of all like to take this opportunity to welcome a new attorney to Gibson Dunn's London Employment & Labour law department.
Client Alert | May 15, 2008
Los Angeles Of Counsel William E. Thomson is the author of "Foreign Torts and the Commerce Clause: Territorial Limitations On State Power To Impose Punitive Damages" [PDF] which appeared in the Spring 2008 issue of the ABA Mass Torts newsletter. Reprinted with permission, © 2008, ABA Publications.
Client Alert | May 13, 2008
Partner Alexander H. Southwell is a co-author of "Data Breaches: Expect A Rise in Litigation" [PDF] published in the May 12, 2008 New York Law Journal special section on Investigations & Computer Forensics
Client Alert | May 12, 2008
The Directorate of Defense Trade Controls ("DDTC") recently issued guidance to an exporter of defense articles that military photos downloaded from the Internet are not automatically in the public domain as defined by ITAR 120.11.
Client Alert | May 9, 2008
On April 21, 2008, the Department of the Treasury released a set of proposed regulations governing mergers, acquisitions and takeovers by foreign persons.
Client Alert | May 7, 2008
The U.S. Department of State Directorate of Defense Trade Controls has published a proposed rule amending the International Traffic in Arms Regulations (“ITAR”).
Client Alert | May 2, 2008
Recent turmoil in the mortgage and credit markets, and the resultant difficulties at a number of large financial institutions, have once again led some to ask the question: “Where was the board of directors?” Those raising this question have inquired about the nature and extent of the board’s involvement in overseeing the risks associated with sub-prime lending and other activities at these institutions. It is generally understood that the appropriate role of the board of directors is one of diligent oversight, and that directors cannot, and should not, be involved in the day-to-day operation of a company’s business. Recent events, however, have underscored that serving on a public company board of directors in the 21st century involves more than simply attending
Client Alert | May 1, 2008