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October 16, 2007 |

Nortel Settles SEC Suit for $35M, Agrees to Improve Safeguards

Nortel and its principal subsidiary, Nortel Networks Limited, will pay $35 million to settle civil fraud charges with the SEC, the company and the SEC said Monday. The telecom equipment maker also agreed to provide the SEC with quarterly written reports detailing its progress in implementing a remediation plan and actions to address weaknesses in its internal controls. The SEC alleged that Nortel and its subsidiary committed revenue and earnings management fraud.
4 minute read
September 19, 2005 |

Calming the E-Discovery Frenzy

Despite electronic data's notoriety, recent surveys show that an alarming percentage of corporate attorneys and their companies still aren't up to speed.
11 minute read
August 02, 2012 |

Daily Decision Service Alert: Vol. 21, No. 150 - August 2, 2012

Daily decision alert.
10 minute read
February 02, 1999 |

Atlanta Mayor Itching to Sue Gun Makers

Atlanta is expected this week to join other American cities that have sued the gun industry claiming that their products are unreasonably dangerous.
9 minute read
October 27, 2010 |

The Responsible Corporate Officer Doctrine and the BP Oil Spill

From April 20 until Aug. 29, about 185 million gallons of oil spilled from BP's Deepwater Horizon oil rig into the Gulf of Mexico. The spill, nearly 20 times more severe than the Exxon Valdez, was the worst in U.S. history.
5 minute read
June 24, 2009 |

Condemnation and Tax Certiorari

M. Robert Goldstein and Michael Rikon, partners of Goldstein, Goldstein, Rikon & Gottlieb, write that when an assessor revokes a real property tax exemption, the taxpayer that intends to appeal must file a petition under Article 7 of the Real Property Tax Law challenging the revocation. A recent decision from the Orange County Supreme Court provides an interesting and thorough explanation of the applicable law, they say.
8 minute read

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