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London Calling: AIM IPO Means Texas Company Won't Clash With SEC Over SOX
When Houston's Frontera Resources Corp. went public in 2005, it raised close to $90 million in an initial public offering on the Alternative Investment Market in London instead of on the NASDAQ exchange in New York. One reason Frontera chose the London exchange was the ability to avoid the cost of complying with U.S. SEC rules as well as the Sarbanes-Oxley Act.Oops: Mistakes happen. Handle them right
Your mind is racing and you have a haunting feeling that you missed an important deadline. You try to ignore it, to no avail. OK, you blew it. Now what?Immigration Lawyers Shouldn`t Stick Their Heads in the Sand
Immigration lawyers would do well to pay heed to the conscious avoidance doctrine of liability in view of the recently issued report on Immigration Benefit Fraud published by the U.S. General Accounting Office in response to inquiries from the U.S. House of Representatives Subcommittee on Immigration and Claims, Committee on the Judiciary. yhrAccording to the GAO, immigration benefit fraud is a significant problem that threatens the integrity of the legal immigration system. Immigration and NaturalizationOfficials Challenge Open-Meetings Law
Some municipal officials are asking U.S. District Judge Rob Junell, a former member of the Texas House, to declare the Texas open-meetings law, Chapter 551 of the Texas Government Code, "overbroad and unconstitutionally vague," and therefore unenforceable.It's Not Your Father's Immigration Practice
Can you name the hottest practice areas right now? You'd probably say corporate, intellectual property or high tech. But what about immigration law? If that last one wasn't on your list, it should be, say some big-firm practitioners.Erosion of Reporter Privilege in Texas Case Troubles Legal Observers
The incarceration of a writer in Houston because she won't give federal prosecutors notes from her research of a 1997 murder is raising heated debate in legal circles. One observer says the 5th U.S. Circuit Court of Appeals has been narrowing the concept of reporter's privilege over time. Another worries whether Vanessa Leggett's case indicates law enforcement is trying to use journalists' research as "a shortcut."Trending Stories
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