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SEC Looks To Eliminate Fraud In Trading Shares Of 'Shell' Corporations

All the Securities and Exchange Commission wants to do is eliminate a hotbed of fraud arising from trading shares of "shell corporations." You might think that such an admirable task would be universally endorsed. You would be wrong. "Shell" corporations ...

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Tips On Buying IP Assets Out Of Distressed Situations

A company needing specific intellectual property to round out its product or define its market has two options – build it or buy it. The first option can prove costly and slow. The second option can be much faster and ...

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Quattrone Conviction Shows Why Effective Records Retention Policy Is A Must

On May 4, investment banker Frank Quattrone was convicted of obstructing a grand jury investigation, obstructing SEC investigators and witness tampering. The charges carry a maximum sentence of 20 years imprisonment and $500,000 in fines. Quattrone’s crime? Forwarding an e-mail ...

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The New 8-K Disclosure Rules Are Far-Reaching

For those who cannot sleep at night as they wrestle with securities disclosure issues (and I know from experience that this is not a farfetched scenario), the Security and Exchange Commission’s new 8-K rules offer no cure for insomniacs. The ...

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Mixing Business And Legal Advice Can Waive Attorney-Client Privilege

Attorney-client privilege is one of those issues we all think we know about, but we really don’t. That may be a little harsh. Maybe the more accurate description is that we often know just enough to be dangerous. Let me ...

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Counsel Urged To Audit Workforce To Prepare For New Overtime Regs

In-house lawyers must make sure their companies conduct a comprehensive audit of their job descriptions, classifications and pay policies in anticipation of the Aug. 23 effective date of sweeping new overtime regulations, experts tell New England In-House. Equally important as ...

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New Overtime Rules 'Cheat Sheet'

The following summarizes the Fair Labor Standards Act regulations that will go into effect Aug. 23. The Act establishes the federal minimum wage (currently $5.15 per hour) and requires the payment of overtime at 1.5 times the regular rate of ...

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Former GC Parlays International Ties, Experience Into Dynamic Cross-Border Transactional Practice

Sven Riethmueller has a unique advantage over some of his American counterparts when it comes to representing international clients. As a native of Germany with an American education and address, and with experience as in-house counsel and as outside counsel ...

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