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May 04, 2011 |

Bank stocks shunned by money managers turned off by derivatives

"Above all stick with what you know," Warren Buffett cautioned investors in a 1974 Forbes magazine interview. "Don't get too fancy."
8 minute read
August 01, 2005 |

H.K. v. State of New Jersey, Department of Human Services, Division of Medical Assistance and Health Services,

In determining when property was transferred for less than fair market value within three years of applying for Medicaid assistance (the "look-back" period), as opposed to determining the penalty to be imposed for property already determined to have been transferred during the look-back period, statutory and common law, and not regulations, apply; here, the date is the date the deed was executed, conveyed to her children, and accepted by them, not the date the deed was finally recorded.
13 minute read
November 05, 2004 |

Indenture Trustee Liable for Erosion of Value of Collateral

Like many capital-intensive businesses, airlines finance their operations by issuing debt secured by their assets, which debts chiefly consist of aircraft and aircraft parts. When an airline encounters financial turbulence, the value of its creditors' collateral is at risk.
6 minute read
January 10, 2008 |

Floating on Turbulent Waters

A whiplash economy staggered midyear by the credit crunch didn't stop San Francisco's biggest firms, and Silicon Valley leaders, from doing pretty well in 2007.
8 minute read
May 26, 2004 |

News In Brief

A federal judge sentenced a former Rite Aid Corp. vice president yesterday to five months in jail for his role in an accounting scandal that sent the company's stock tumbling and forced it to restate its earnings for the late 1990s by $1.6 billion.
4 minute read
June 15, 2001 |

New Tactics Being Used in War on Drug Money

Prosecutors at the Justice Department are in the midst of a war against the sophisticated, $6 billion-per-year money-laundering mechanism known as the "black market peso exchange." A new DOJ initiative bent on forcing the movement of drug dollars back into the open again aims to educate U.S. businesses that the way they are paid, and by whom, can be a clear indication of whether they are receiving dirty money.
8 minute read
December 15, 2003 |

The Road to the DOJ

The largest trucking merger in U.S. history may presage a wave of consolidation.
8 minute read
July 16, 2013 |

Contractor Allowed to Sue Under Quasi-Contract Theory

Even if you do not deal with contractors in your practice, depending upon how handy and busy you are, many of us who own homes engage contractors to perform projects around the house ranging from menial tasks to complete home renovations.
7 minute read
September 07, 2006 |

Investor activism not welcome globally

NEW YORK AP - The investing world today may be a global marketplace, but not every country is playing by the same set of rules when it comes to shareholder activism.Many companies and governments increasingly are citing nationalistic concerns to do what they can to curtail investors' influence over business, even as more money is flowing into stock markets around the world.
4 minute read
July 17, 2006 |

Asbestos Plaintiffs Win Trip To Canada

Having secured $10 million in punitive damages against Quebec-based Asbestos Corporation Limited, plaintiff firm Brayton Purcell may have to fight in Canadian courts to collect.
3 minute read

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