October 20, 2016 | The Legal Intelligencer
Accountants Have No Duty of Care Toward Third-Party Investors, or Do They?In 2001, Anderson was one of the "Big Five" public accounting firms. Founded by Arthur Anderson, whose motto was "think straight, talk straight." The Anderson firm was one of the most respected accounting firms in the world. A year later, Anderson was found guilty of obstructing justice for destroying Enron's financial documents. Anderson shut its doors in the United States that same year and surrendered its licenses to practice certified public accounting. A few years later, Anderson settled with various Enron investors who brought claims against Anderson for its role in the Enron fraud. Since the Enron/Anderson scandal, the law relating to an accountant's duty to nonclients has changed.
By Edward T. Kang
15 minute read
May 24, 2016 | The Legal Intelligencer
Practical Guide to Restrictive Covenants in Pa. and NJBusinesses invest time and money to develop their business procedures, relationships and information, such as marketing strategies, customer information, pricing strategies, and future business development initiatives. These models and information provide businesses a competitive edge, and employers have a strong incentive to guard such assets and protect their businesses by all means reasonably necessary. Employers can typically accomplish this through using a combination of nondisclosure agreements, nonsolicitation agreements, and other restrictive covenants.
By Edward T. Kang
8 minute read
April 16, 2016 | The Legal Intelligencer
Be Careful Before Relying on the Common Interest DoctrineThe common interest doctrine (CID), also known as the community-of-interest doctrine, is an exception to the general rule that attorney-client privilege (ACP) is waived when privileged information is shared with a third party. The CID allows attorneys representing different clients with the same or substantially similar legal interests to agree to (and do) share privileged information without waiving the ACP.
By Edward T. Kang
16 minute read
March 27, 2016 | The Legal Intelligencer
M&As and Attorney-Client Privilege of Selling CorporationsCourts have long recognized that the attorney-client privilege extends to corporations, as in Upjohn v. United States, 449 U.S. 383 (1981).
By Edward T. Kang
16 minute read
January 30, 2016 | The Legal Intelligencer
CFAA: It's Impact on Employer-Employee LitigationChanging jobs has become the norm in the modern age. Gone are the days where one spent her entire career at a single company. With more and more people changing jobs, often joining forces with competitors who offer more money or better opportunity, many employers end up unhappy, even angry.
By Edward T. Kang
8 minute read
January 30, 2016 | The Legal Intelligencer
CFAA: It's Impact on Employer-Employee LitigationChanging jobs has become the norm in the modern age. Gone are the days where one spent her entire career at a single company. With more and more people changing jobs, often joining forces with competitors who offer more money or better opportunity, many employers end up unhappy, even angry.
By edward T. kang
8 minute read
April 22, 2015 | Corporate Counsel
Lessons Learned from the Goodyear FCPA SettlementThe U.S. Securities and Exchange Commission's settlement agreement with Goodyear Tire & Rubber Co. underscores the risks of inadequate due diligence in acquisitions, among other issues.
By Edward T. Kang and Brian D. Frey
8 minute read
April 22, 2015 | Corporate Counsel
Lessons Learned from the Goodyear FCPA SettlementThe U.S. Securities and Exchange Commission's settlement agreement with Goodyear Tire & Rubber Co. underscores the risks of inadequate due diligence in acquisitions, among other issues.
By Edward T. Kang and Brian D. Frey
8 minute read
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