A number of reporting companies are still working diligently to comply with their obligations to file the initial Form SD, by May 31, 2014, under the SEC’s conflict-minerals rule.
In response to Russia’s military presence in the Crimean region of Ukraine, President Obama issued an Executive Order (“EO”) on March 6, 2014, authorizing the blocking of property of individuals and entities involved in the political destabilization of Ukraine.
On March 5, 2014, the U.S. Department of Justice announced that it had frozen over $458 million of ill-gotten assets that former Nigerian dictator Sani Abacha and his co-conspirators had stashed in bank accounts across the globe.
In December 2013, the Committee on Foreign Investment in the United States (“CFIUS”) released its annual report to Congress (the “Report”) covering transactions it reviewed in Calendar Year 2012. (Yes, Calendar Year 2012 – CFIUS takes its time publishing its annual reports.)
Starting a business can be complicated enough without having to deal with making unnecessary legal mistakes in the process. If you’re considering starting a business in the U.S. Virgin Islands, it’s important to be informed of the most common legal problems to avoid. By taking the following tips into consideration, you can make this process go much more smoothly.
Tenth Circuit Looks Past “General Partnership” Labels in Agreements to Determine Whether Certain Investments Constitute “Securities”
In SEC v. Shields, No. 12-1438, 2014 U.S. App. LEXIS 3369 (10th Cir. Feb. 24, 2014), the United States Court of Appeals for the Tenth Circuit reversed the district court’s order granting defendants’ motion to dismiss, holding that the complaint alleged sufficient facts to (1) raise a plausible claim that the interests at issue involved are securities, and (2) rebut the presumption that an investment labeled as a “general partnership” is a “security.”
Obtaining information through a subpoena may be easier said than done. Third-party subpoenas to social networking sites are likely to result in an objection on the grounds that the production of private information would violate the Stored Wire and Electronic Communications Privacy Act (SCA).
So let’s say you work for a hedge fund or some other financial institution that engages in proprietary trading , and you’re inclined to do some insider trading on your employer’s behalf. You make your trades, but you’re a company man and the profits go to the fund, not your own pocket.
The indictment last week of the top officials from the collapsed Dewey & LeBouef law firm is merely the latest development in the long-running sequence of events following the law firm’s demise.
Piro sued Russo, Karl, Widmaier & Cordano PLLC for legal malpractice. Piro used attorney Rodriguez for that case. At the same time Bonacasa obtained a default judgment against Piro.