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Insider Trading Rules About to Change
Starting Oct. 23, a little-noticed Securities and Exchange Commission rule will permit employees to legally trade their company's shares even if they are aware of material inside information. The catch: Trades must be made under a written plan created before the insider knew of the stock-sensitive development. The rule could be a boon for corporate executives and employees of smaller companies.Kilpatrick Stockton merging with Townsend and Townsend and Crew
Kilpatrick Stockton has announced a major merger with San Francisco intellectual property firm Townsend and Townsend and Crew that will change the name of the combined firm to Kilpatrick Townsend & Stockton.Commonwealth v. Suarez, PICS Case No. 10-3283 (C.P. Berks Oct. 6, 2010) Parisi, J. (10 pages).
The court denied defendant's post-sentence motion for relief where the commonwealth presented sufficient evidence that defendant was in constructive possession of the drugs and guns found by police at her residence. Affirmance recommended.Outgoing congresswoman hints at challenging Georgia voting laws
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2 More Sentenced in Ernst & Young Tax Shelter Scandal
Two more defendants in the Ernst & Young tax shelter scandal were sentenced to prison Friday. Richard Shapiro, a lawyer and former Ernst & Young partner, is to serve two years and four months, pay $100,000 and perform 160 hours of community service that will include speaking to bar groups and accounting professionals on his experience. Former Ernst & Young partner Brian Vaughn was sentenced to one year and eight months in prison as well as the same special condition of supervised release imposed on Shapiro.DISMISSOPINIONBefore Justices Moseley, O'Neill, and Murphy.Appellee Sandra Homoky sued the City of Plano under a theory of premises liability for injuries she sustained when she tripped and f
Joint venture could boost firm outsourcing
The outsourcing of U.S. jobs to India and China has emerged as one of the most hotly debated issues on the presidential campaign trail. And Hildebrandt International wants to make sure that debate takes place among law firm managing partners as well.Semi-private equity deals are winning over shareholders
IN THE CURRENT FRENZY of eye-popping private equity offers, sometimes a buyout isn't exactly a buyout.Witness the latest deal for radio and billboard giant Clear Channel Communications Inc., which offers cash but also allows up to 30 percent of public shareholders to stick around and hold part of the privatized company.Trending Stories
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Meeting the Requirements of California's SB 553: Workplace Violence Prevention
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