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The SEC's Watchful Eye: Ensuring Accuracy in Non-GAAP Financial Disclosures
To supplement financial statements, management may provide another view of their company by disclosing alternative financial measures. This alternative information cannot be used to distort reality and must be presented in accordance with specific rules and guidelines.'Check Herself ... Into Jail': Judge's Ethics Hearing Ends, Sanction Discussions Begin
"She could check herself into the Douglas County Jail for two days and put on an orange suit," said Judicial Qualifications Commission of Georgia Hearing Panel member Richard Hyde.White Box vs. Black Box Compensation Systems
Having a compensation system that clearly outlines partner expectations, provides the partners with the ability to validate the results by communicating the results back to them does more to build collegiality than an opaque system that, by its design, promotes distrust and ill will among partners.Third Circuit—Chapter 11 Examiner Appointment Now Mandatory
The now infamous Chapter 11 bankruptcy case of FTX Trading Ltd. (FTX), once a multibillion-dollar cryptocurrency company, has reemerged in a dispute over this very important issue. On appeal, the U.S. Court of Appeals for the Third Circuit recently held that the plain text of Section 1104(c)(2) mandates the appointment of an examiner under the specified conditions set forth.Can Boeing's CLO Help It Climb Out of Latest 737 Max Spiral?
Former JetBlue Airways executive Mike Barger said one of the most valuable roles a legal chief can play is devil's advocate.View more book results for the query "*"
Judges in the Hot Seat Over Oral Argument Diversity Policies
Three federal judges have standing orders that offer additional argument time for younger, women and minority attorneys to encourage greater participation from those groups.Litigators of the Week: Shaving a $366M Retaliation Verdict Against FedEx to Less than $249K
Kyle Hawkins and Leah Bower of Lehotsky Keller Cohn secured a ruling from the Fifth Circuit last week taking a $365 million punitive damages award to $0 in a case where a former FedEx manager claimed she was fired in retaliation for bringing claims of discrimination.Litigator of the Week Runners-Up And Shout Outs
A team at Pillsbury Winthrop Shaw Pittman secured a ruling eliminating more than a half billion dollars in potential liability for client Teck Cominco Metals in a long-running environmental suit in the Eastern District of Washington.What Does the Opening of Brazil's Gambling Market Mean For Global Firms?
The Brazilian Bar Association forbids international law firms from practicing local law in the country, but global law firms can still get in on the growing sector by advising on cross-border M&A.Trending Stories
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