ABI Blog Exchange

Law360, Chicago (June 11, 2013, 1:41 PM ET) -- The U.S. Department of Justice's bankruptcy watchdog arm on Tuesday released its long-awaited new framework for scrutinizing attorneys' fees in large Chapter 11
9 years 3 weeks ago
The bankruptcy context is particularly ripe for D&O claims, and it also represents a particularly difficult claims context for D&O insurers. Anyone with any doubts about just how complicated bankruptcy
9 years 3 weeks ago
by Raphaela Taylor  Secured lenders often resort to non-judicial foreclosure sales of personal property upon a borrower's default. Article 9, Part 6 of the
9 years 3 weeks ago
I am often asked, "How many Ponzi schemes are there?" This is a tough question to answer with 100% accuracy because there is no central registry for all Ponzi scheme cases. The media certainly reports on the
9 years 3 weeks ago
The Administrative Review Board of the Department of Labor concluded that Lockheed Martin had violated Section 806 of the Sarbanes-Oxley Act after an employee alleged that the company retaliated against her for reporting suspicions that a supervisor
9 years 3 weeks ago
The controversy surrounding proxy advisory firms has reached Congress, as the House Capital Markets and Government Sponsored Enterprises Subcommittee held a hearing yesterday to examine the role proxy advisory firms play in corporate governance.
9 years 1 month ago
Net winners in a Ponzi scheme - those who have profited - often get sued to return the profits paid to them. Those who lost money (net losers) usually don't get sued, unless they were not in "good faith." It is a
9 years 1 month ago
Commissioner Gallagher recently lamented that the SEC has played a "significant role" in the rising influence of proxy advisory firms and the increasing willingness of investors to rely on them.  He blamed the rules adopted in 2003 under the Investme
9 years 1 month ago
It's springtime, and Ponzi schemes are in full bloom. Here is a summary of stories that were reported this month. Please feel free to post comments about these or other Ponzi schemes that I may have missed. And please
9 years 1 month ago
While we wait for the SEC to act on the Dodd-Frank mandate on recoupment of executive compensation, Walmart will be facing an unusual shareholder proposal on the topic this coming week.
9 years 1 month ago
By JOANNE KAUFMAN No long chats with the doorman. No umbrellas or wet boots in the hall. No welcome mats or decorations on the front door. No wearing flip-flops in the lobby.

Read More from: Shenwick & Associates

9 years 1 month ago
By JESSICA SILVER-GREENBERG and

Read More from: Shenwick & Associates

9 years 1 month ago
The recent PCAOB reproposed auditing standards on related parties and significant unusual transactions also include a modification to Auditing Standard No.
9 years 1 month ago