On October 16, 2018, the SEC released a “Report of Investigation” calling for public companies to reassess their internal accounting controls “in light of emerging risks, including risks arising from cyber-related frauds.” In particular, the report focuses on certain types of “business email compromises” (BECs), in which a bad actor uses spoofed or compromised email
Francis Lawall (LAW ’85) and Kenneth Listwak of @Pepper_LAW discuss the importance of language in bankruptcy plan release provisions in light of a recent case. #Temple10-Q #Bankruptcy #Chapter11
Maybe number 7 is the charm, but the seventh anniversary of the Introduction to Transactional Skills Program (ITS), Friday October 12, may have been the most impressive showing yet.
Learn about recent developments in SEC Executive Perquisite Disclosures in the newest #Temple10Q post.
Melissa Pang and Ryan Udell of @WhiteandWil discuss the #MeToo movement’s effect on M&A transactions #MeTooinM&A #Temple10Q #TempleAlumni
Karilynn Bayus (LAW ’06), Partner @SaulEwing, discusses the California Consumer Privacy Act, and how it will affect businesses in the US. #Temple10-Q #Cybersecurity #Consumerprotection
Melissa Pang (LAW ’13), Associate @WhiteandWil, discusses Delaware Court of Chancery Decision Ordering Investment Fund and Manager to Pay Damages for Demise of Tech Company #Temple10Q #CorporateLaw #Delaware
The False Claims Act (FCA) has long been a powerful tool for the federal government to generate large recoveries from government contractors, including companies in the healthcare industry. In fiscal year 2017 alone, the US Department of Justice (DOJ) recovered more than $3.7 billion in settlements and judgments in civil cases brought under the FCA.
The New Jersey Superior Court, Appellate Division, has affirmed the Tax Court’s decision in Kraft Foods Global Inc., in which a taxpayer’s deduction for related-party interest expense was disallowed for corporation business tax purposes (decision available here). Background The only issue before the court was whether the Division of Taxation (the “Division”) properly added back
The first phase of Philadelphia’s version of The Highline opened on June 14. Located between Broad and Noble Streets on the one hand, and 11th and Callowhill Streets on the other, The Philadelphia Rail Park has added a slice of green to a formerly industrialized, warehouse district just north of Chinatown. The Park has been