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New York Law Journal

Seiden v. Schwartz, Levitsky, and Feldman LLP

Jurisdiction Over Canadian Accounting Firm Lacking in Suit Over Audit Opinion's Statements
3 minute read

The Recorder

Snyder and Associates Aquisitions LLC v. United States

9th Cir.; 15-56011 The court of appeals reversed a judgment. The court held that the internal Revenue Service (IRS) was not statutorily immune from liability…
5 minute read

National Law Journal

Trump's DOJ Switches Sides in Key Labor Case, Now Fights Class Actions

The U.S. Justice Department on Friday reversed its position in a key labor case, telling the U.S. Supreme Court that workplace agreements that ban class actions do not run afoul of federal labor law.
10 minute read

Daily Business Review

The Impact of Reasonable Compensation on Business Valuations

Why should a closely held business be concerned with owners' compensation? It's because the owner compensation package may be scrutinized. Examples might include buy-sell situations, estate and gift tax valuations or litigation proceedings, such as shareholder disputes and divorce. These issues might even come into play with business succession planning, write Sheri Fiske Schultz and Katie Gilden.
8 minute read

Delaware Business Court Insider

Executive Board Chairman Resigns Amid Cypress Proxy Fight

The executive chairman of the Cypress Semiconductor Corp. board has resigned amid allegations linking him to one of the company's top competitors, a move that sets up the possibility of total victory for the firm's founder and former chief executive in a heated proxy fight that has spilled into the Delaware Court of Chancery.
4 minute read

National Law Journal

OCC's New Guidance Clarifies Role of Fintechs as Third Parties

The Office of the Comptroller of the Currency has released new guidance on how it expects banks to interact with third-party vendors, and specifically points to banks' relationships with financial technology companies.
12 minute read

National Law Journal

KPMG Settles Feds' Discrimination Claims, but Scrutiny Is Far From Over

KPMG agreed this week to pay $420,000 to resolve a federal investigation that found the company discriminated against Asian job applicants at a New Jersey…
5 minute read

National Law Journal

KPMG Settles Feds' Discrimination Claims, but Scrutiny Is Far From Over

KPMG agreed this week to pay $420,000 to resolve a federal investigation that found the company discriminated against Asian job applicants at a New Jersey facility, part of the years-long scrutiny over the accounting firm's practices for alleged discrimination in separate cases.
5 minute read

The American Lawyer

Enhancing Lateral Partner Opportunities and Compensation

You are a partner in a law firm and you have decided to make a lateral move. You want it to be the right move to a better platform. Where do you start and how do you maximize the likelihood of a successful outcome? The more you are prepared to answer and ask questions, the greater the likelihood this next move will be an optimal one for you and the firm you are joining.
22 minute read

Legaltech News

AbacusNext Acquires OfficeTools, Eyeing Expansion Into Spend Management

The acquisition is the latest for Abacus after its purchase of Amicus Attorney, CloudNine and Results Software.
2 minute read

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