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Following FCPA Guidance, Call for Further Clarification
Now that everyone has had a chance to digest the recent government guidance on antibribery enforcement, the Manhattan Institute for Policy Research has joined in an effort for legislative reform of the Foreign Corrupt Practices Act.Employment Attorneys Scramble As IRS Toughens Deferred Compensation Rules
Labor and employment attorneys nationwide are scrambling to ensure employers are in compliance with new federal rules governing deferred-compensation plans that could expose employees to substantial financial risks. Under the broad scope of the new rules, many common business practices -- such as stock options, bonuses and severance policies -- may be deemed deferred compensation subject to tougher standards and stiff penalties that didn't exist before. The deadline for compliance is Dec. 31.Jones Day Steers Detroit to Chapter 9 Bankruptcy Filing
Four months after being hired to help the financially crippled city find a way out from under its mountain of debt, the firm is now taking the lead advisory role on what is poised to become the largest municipal bankruptcy in U.S. history.Deal Watch: Hospital sale closes on third try
For the third time in three years, lawyers at Spell Pless Davis Saurol worked up the sale of Rockdale Medical Center of Conyers to a private company-and on Jan. 30, a deal finally closed, as it was taken over by LifePoint Hospitals Inc. of Brentwood, Tenn.The deal probably took its toll on the copy machines and printers at nine-lawyer Spell Pless because of the Georgia Hospital Acquisition Act.Trending Stories
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