A brief ruling issued this week by U.S. District Court Judge James C. Mahan makes it clear that an auditor isn’t always liable even when a subsequent auditor uncovers fraud. In Oaktree Capital Mgmt., L.P. v. KPMG, 2014 U.S. Dist. LEXIS 106538 (D....
We recently stumbled on the video meme "Said No Teacher Ever," in which teachers make statements that they'd really never make. (Here's a playlist of some examples.) Among the statements they claim no teacher would ever say: "No Child Left Behind? Best. Program.
Electronic commerce, or eCommerce, is rapidly expanding in the member states of the Gulf Cooperation Council (GCC), spurred by the region’s near-universal online access, disposable income and technologically forward-thinking decision making bodies....
In This Issue: - Judicial Reform - Personal Data - Banking - Payment System - Credit Histories - Concession Agreements - Excerpt from Judicial Reform: On 28 June 2014 the President signed Federal Law No. 186-FZ amending the Commercial...
The latest investigative piece published in the News Tribune this week, entitled “MultiCare sues estate of boy killed in Tacoma Dome accident”, outlines a struggle that lawyers representing injured people in Washington State have been dealing with...
This mailing is to inform you of the Municipal Securities Rulemaking Board (MSRB) releasing Revised Draft Rule G-42 (setting forth duties of non-solicitor municipal advisors) for public comment, and submitting Proposed Rule G-44 (setting forth the...
As reported here last month, the USPTO recently issued a memorandum to the Examination Corps, entitled “Preliminary Examination Instructions in view of the Supreme Court Decision in Alice Corporation Pty. Ltd. v. CLS Bank International, et al.” The...
On Thursday, July 31, 2014, President Obama signed an Executive Order called "Fair Pay and Safe Workplaces," requiring covered federal contractors and subcontractors to publicly report labor violations, to forgo the use of mandatory arbitration...
As we have noted in prior posts, Immigration and Customs Enforcement (“ICE”) has been aggressively pursuing I-9 inspections and imposing record fines (about $12.5 million per year) as part of its multi-year strategic plan. Employers should not turn a...
On July 28, the Bank of England published a statement on Financial Conduct Authority enforcement action against Lloyds Bank PLC and Bank of Scotland PLC.... By: Orrick - Structured Finance Group
