Document(s) published by this organization: 245
Show: results per page
|China FCPA Case Shows That A Deferred Prosecution Agreement May Not Cap Reputational Risk And Expensive Legal Fees|
Gregory W. Carey, Stephen G. Huggard; Edwards Wildman Palmer LLP;
November 6, 2013, previously published on November 1, 2013In January 2011, Maxwell Technologies, Inc., a San Diego-based manufacturer of energy storage and power-delivery products, entered into a deferred prosecution agreement and paid $13.65 million in penalties to the Department of Justice and the Securities & Exchange Commission in connection with...
|The Federal Reserve Board Seeks to Cement its Status as a Global Regulator of Insurance; Applies for Membership with the International Association of Insurance Supervisors|
Alfred J. Kritzman; Edwards Wildman Palmer LLP;
November 6, 2013, previously published on November 4, 2013On October 25, 2013, the Board of Governors of the Federal Reserve System (the “Board”) applied for membership with the International Association of Insurance Supervisors (“IAIS”), a voluntary membership organization of insurance supervisors and regulators from nearly 140...
|EU Data Protection Reforms - A Move to Even More Stringent Regulations?|
Sarah Pearce; Edwards Wildman Palmer LLP;
November 6, 2013, previously published on November 1, 2013The European Parliament’s Civil Liberties Committee (“LIBE Committee”) has finally voted on the European Commission’s proposed EU Data Protection Regulation, approving all of the proposed amendments and adding further, more restrictive provisions.
|IRS Announces 2014 Retirement Plan Limitations|
Lori A. Basilico; Edwards Wildman Palmer LLP;
November 5, 2013, previously published on November 2013The Internal Revenue Service announced the 2014 cost-of-living adjustments to the dollar limitations for qualified retirement plans and other benefits, and the Social Security Administration announced its own cost-of-living adjustments for 2014. The elective deferral contribution limit for 401(k),...
|English Court Holds Ultimate Beneficial Owner (“UBO”) Liable For Losses To Creditors|
Rod J. Cowper; Edwards Wildman Palmer LLP;
November 5, 2013, previously published on November 2013The English Court has devised a new route to impose liability on a company's UBO who strips assets from the company leaving creditors to claim in its insolvency. UBOs feeling comfortable about the security of their corporate veil after the Supreme Court’s decision in Prest, will need to look...
|UK SFO Director Explains when Prosecution would be Unlikely to Follow a Self-Report|
Jamie Humphreys, Antonio Suarez-Martinez; Edwards Wildman Palmer LLP;
November 4, 2013, previously published on October 29, 2013In a recent talk, David Green QC, the director of the Serious Fraud Office (SFO), made a strong argument in favour of self-reporting and the changes that he had introduced when he replaced Richard Alderman. Last year, David Green withdrew the SFO’s guidance on self-reporting and clarified...
|California Appellate Court Issues Bad Faith Duty to Settle Opinion|
Gregory D. Pendleton; Edwards Wildman Palmer LLP;
October 29, 2013, previously published on October 25, 2013On October 7, the California Court of Appeal, Second Appellate District, held that a liability insurer, in the absence of any demand or settlement offer from a third party claimant, need not initiate settlement negotiations or offer its policy limits, even where liability is clear and there is a...
|UCLA Not Liable for Violating State Privacy Law Where Disclosure Could Not Be Proven|
Edwards Wildman Palmer LLP;
October 24, 2013, previously published on October 23, 2013On October 15, 2013, a California appeals court held that University of California’s Board of Regents could not be held liable for disclosing medical information contained on a lost hard drive where the disclosure itself could not be proven.
|New Jersey Enacts Legislation to Protect Long Term Care Residents|
Edwards Wildman Palmer LLP;
October 24, 2013, previously published on October 23, 2013On October 17, 2013, Gov. Chris Christie signed a bill protecting the rights of elderly residents in continuing care retirement communities. Some of the protections established under the law include:
|OECD Reports Highlight that Belgium, New Zealand and Russia Need to Do More to Fight Bribery|
Annie Clarke, Antonio Suarez-Martinez; Edwards Wildman Palmer LLP;
October 24, 2013, previously published on October 23, 2013The Organisation for Economic Cooperation and Development (OECD) last week released its latest reports on the anti-bribery measures in place in Belgium, Russia and New Zealand. The reports make recommendations on the implementation of the OECD Convention on Combating Bribery of Foreign Public...