Goodwin Procter sponsored a webinar on the new Massachusetts date security rules Lynne Barr Deb Birnbach Agnes Bundy Scanlan David J. Goldstone Jacqueline Klosek Deb pointed out that you may now need to collect the state of residence of the client to figure out if they are in Massachusetts. That may have the perverse effect … Read more »
New FMLA Poster
Under the Family and Medical Leave Act of 1993, covered employers must post a notice approved by the Secretary of Labor explaining rights and responsibilities under FMLA. The poster at WH Publication 1420 is sufficient. Under 29 CFR 825.300: (a) Every employer covered by the FMLA is required to post and keep posted on its … Read more »
FMLA Day is January 16
The new regulations under the Family and Medical Leave Act go into effect on January 16, 2008. Jon Hyman of the Ohio Employer’s Law Blog tells us the eight steps you should take to get ready: Tomorrow is “FMLA Day.” Is your company ready? Make sure you put up the new FMLA poster. Read more »
Top Ten Individuals We Won’t Miss from 2008
In addition to its list of the 100 Most Influential People in Business Ethics for 2008, Ethisphere also published a list of the Top Ten Individual We Won’t Miss from 2008. Bernard Madoff David Colby – Colby was the former CFO of Wellpoint who was caught carrying on multiple affairs on the side, even once … Read more »
100 Most Influential People in Business Ethics 2008
Ethisphere has published its list of the 100 Most Influential People in Business Ethics for 2008. The winners are broken down into the following nine core categories: Government and Regulatory Business Leadership Non-Government Organization Design and Sustainability Media and Whistleblowers Thought Leadership Corporate Culture Investment and Research Legal and Governance Here is the list: 1. … Read more »
Madoff Litigation: Can the Lost Billions be Recovered? How?
This post contains my notes from the webinar: Madoff Litigation: Can the Lost Billions be Recovered? How? The Webinar was sponsored by NERA Economic Consulting and produced by The Securities Docket. The slides are available on Securities Docket.com: Materials from Madoff Litigation Webcast. Brad Friedman of Milberg LLP Gerald Silk of Bernstein Litowitz Berger & … Read more »
New York State Bar Position on Carried Interest
Besides the position of Professor Bankman on carried interest, the New York State bar submitted a very detailed report and recommendations to the House Committee on Oversight and Government Reform: New York State Bar Tax Section Report on Carried Interest and Fee Deferral Legislation (.pdf) September, 2008 Read more »
Joseph Bankman Testimony on Hedge Fund Tax Treatment
The House Committee on Oversight and Government Reform held a hearing on hedge funds and the financial market on November 13, 2008. Among those testifying was Professor Joseph Bankman, the Ralph M. Parsons Professor of Law and Business at Stanford Law School: Testimony of Joseph Bankman. Professor Bankman points out that the carried interest of … Read more »
The SEC v. Mark Cuban Insider Trading Case
McDermott Will & Emery put together an excellent peice on insider trading: The SEC v. Mark Cuban Insider Trading Case (.pdf) by Stephen E. Older and Seth T. Goldsamt. Insider trading under U.S. law has developed through a case-by-case interpretation of Section 10(b) and Rule 10b-5 of the Securities Exchange Act of 1934 in the … Read more »
Bingham Presentation on Massachusetts Data Security Law
Bingham McCuthen LLP put together a panel presentation on the Complying with Massachusetts New Data Security Regulations. Mark Robinson, a partner at Bingham, started with an introduction of the law and panel. He called the law “perilous.” Beth Boland, a partner at Bingham, went through the requirements of the new law. OCBR and the business … Read more »