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Mary Swanton

Mary Swanton

March 31, 2006 | Corporate Counsel

N.J. Company Held Liable for Employee's Porn Activity

New Jersey employers on notice that they need to take action if they have any reason to believe an employee is using company computers for child pornography activities.

By Mary Swanton

20 minute read

March 31, 2006 | Inside Counsel

FASB Proposes Requiring Balance Sheets to Include Pension Obligations

Companies would be required to include information about underfunded pensions and retiree health benefits with other company liabilities on their balance sheets, instead of burying them in footnotes, under rules proposed by the Financial Accounting Standards Board on March 31. The proposed rules, which would apply to private companies and...

By Mary Swanton

1 minute read

March 24, 2006 | Inside Counsel

Gatorade Wins A Round In The Sports Drink Wars

Coca-Cola Co. agreed to withdraw one PowerAde television commercial and modify a second March 22, resolving a lawsuit PepsiCo filed to protect its Gatorade brand. Coca-Cola agreed to immediately stop airing its "Drag Race" commercial for it's low calorie sports drink PowerAde Option and to change a second commercial called...

By Mary Swanton

2 minute read

March 17, 2006 | Inside Counsel

IRS Chief Calls for Public Corporate Tax Returns, Fixed Compensation for GCs

In a speech certain to raise hackles in corporate board rooms, IRS Commissioner Mark Everson called for making corporate tax returns public and for removing stock options from compensation packages of general counsel and some other top executives. Speaking March 14 at the National Press Club in Washington, D.C., Everson...

By Mary Swanton

2 minute read

March 10, 2006 | Inside Counsel

U.S. Chamber of Commerce Urges Changes in SEC Enforcement Practices

The U.S. Chamber of Commerce is taking aim at SEC practices it views as unfair to corporate America. In a report issued March 9, the chamber criticized what it called "an overly punitive approach to enforcement" and made 15 recommendations for changes it said would be beneficial to businesses, investors,...

By Mary Swanton

5 minute read

March 03, 2006 | Inside Counsel

Court Severs Toys 'R' Us Partnership With Amazon.com

In a closely watched e-commerce case, a New Jersey judge severed the relationship between Amazon.com and Toys "R" Us, paving the way for the toy retailer to set up its own online store. In 2000, Toys "R" Us signed a 10-year agreement to make all its online sales through Amazon....

By Mary Swanton

2 minute read

February 28, 2006 | Corporate Counsel

NRA and Companies Duel Over Gun Legislation

The rights of employers in Florida, Georgia and Alabama to control the presence of guns on their property and to set the terms and conditions of the workplace are in the crosshairs of the National Rifle Association. Bills pending in those states are among the latest in the powerful gun...

By Mary Swanton

5 minute read