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November 21, 2011 |

Billionaires avoid reporting cash gains to IRS

While Warren Buffett has generated attention with his complaints that he and his fellow billionaires pay federal income taxes at a lower rate than his secretary, about 17 percent, the real figure is often smaller.
8 minute read
February 14, 2007 |

Activist Shareholders Focus on Director Election and Executive Compensation Issues

In an effort to elect directors and influence executive compensation, activist shareholders have shifted their focus from anti-takeover measures to investor rights, according to SEC numbers discussed in a recent conference. Some proposals, known as "Goldilocks measures," seek to give shareholders the right to advise companies on whether executive compensation is too high, too low or just right. Shareholder rights activists say the change in tactics is due to their movement's effect on corporate governance.
4 minute read
April 19, 2012 |

Trayvon, Zimmerman, and Prosecutors in the Media Age

When prosecutors brought charges against George Zimmerman in the slaying of Trayvon Martin, they were dancing to the same tune that many lawyers hear when public pressure intersects with matters of law.
5 minute read
July 13, 2010 |

Superior Court Decision on Privilege Affects Phila. Case

Even though the state Supreme Court has agreed to take a second crack at determining whether attorney-client privilege applies to communications from the attorney to the client, a Philadelphia Common Pleas judge had to rely on a Superior Court opinion that found it doesn't when he denied more than 300 claims of privilege.
4 minute read
June 15, 2010 |

Sessions fires warning shot over deferred prosecutions

The top Republican on the U.S. Senate Judiciary Committee said he's skeptical about federal prosecutors' greater use of deferred prosecution agreements in cases of corporate misconduct.
3 minute read
February 17, 2009 |

Analysis: Time to reset old ways at firms

If the present trends continue in the big firm market, we are heading toward-you pick the cliche-a paradigm-shifting, blood-in-the-suites, terror-on-the-campus hiring and retention crisis. The "economic reset" that General Electric's Jeffrey Immelt has tagged seems likely to force changes in the way firms recruit, pay and/or retain their lawyers.
10 minute read
December 19, 2012 |

Akin, Debevoise Cap Busy Deal Month with $3.13 Billion Insurance Merger

Akin Gump Strauss Hauer & Feld, Debevoise & Plimpton, and a pair of offshore firms are advising on a merger announced Wednesday between specialty insurer Markel Corporation and Alterra Capital Holdings. The proposed deal marks the latest in a string of transactions in which the two Am Law 100 firms have had a hand in recent weeks.
4 minute read
March 26, 2013 |

Widow awarded $10M in sawmill worker's death

A jury awarded $10 million to the widow of a man who was pressed to death by lumber mill rollers when the machinery failed to work properly after the operator hit a button. The defense had offered $20,000 to settle the case before trial.
4 minute read
December 19, 2012 |

The Stock Market Crash of 1987: A Look Back at Unlearned Lessons

In her Securities Regulation column, Roberta S. Karmel, Centennial Professor of Law and co-director of the Dennis J. Block Center for International Business Law at Brooklyn Law School, writes that It is a little over 25 years since the 
stock market crash of Oct. 19, 1987, when the market lost 23 percent of its value, and then continued to fall the next morning, triggering a near closing of the New York Stock Exchange before the market turned around.
13 minute read
November 13, 2012 |

'Sandy' Moratorium and SUM Trigger

In their Insurance Law column, Norman H. Dachs and Jonathan A. Dachs, partners at Shayne, Dachs, Corker, Sauer & Dachs, describe recent actions taken by the Superintendent of the New York State Department of Financial Services, in response to the extensive power outages, loss of life and property, and ongoing harm to public health and safety wrought by Hurricane/Storm Sandy, for the protection of policyholders.
13 minute read

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