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6 Aug 2009, 5:00 am
The Delaware courts have long wrestled with the Fiduciary Duty of Disclosure (FDD), though its roots, and its relevance to controllers, date back (as a “duty of complete candor”) to 1978 with the Supremes’ Lynch v. [read post]
31 Jul 2009, 3:28 am
  A few years back in Rita v. [read post]
28 Jul 2009, 5:36 pm
This blog detailed how the company improperly provided the SEC with a flawed and misleading materiality analysis to convince regulators that its revenue accounting error was not material to avoid restating its financial reports (Details here).Instead of restating prior financial reports to correct its material revenue accounting error, Overstock.com improperly used a one-time cumulative adjustment in its Q4 2007 financial report to hide the material impact of such errors on prior reporting… [read post]
27 Jul 2009, 4:00 am
The sentence for Bourke is up to five years in prison for the FCPA violation, and another five for lying to the FBI. [read post]
12 Jul 2009, 7:00 pm
  For example, abortion was not seen as a hot Supreme Court issue when any of the justices who decided Roe v. [read post]
1 Jul 2009, 12:38 am
The National Law Journal The Supreme Court's unusual order Monday delaying a decision in Citizens United v. [read post]
22 Jun 2009, 5:45 pm
Two are of particular interest to us criminal defense types.Melendez-Diaz v. [read post]
22 Jun 2009, 6:30 am
"   Breyer noted that, in light of the Framers' intent, the Court had previously interpreted the Clause to encompass "all taxes and duties . . . which operate to impose a charge for the privilege of entering, trading in, or lying in a port. [read post]