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National Law Journal

SEC, Testing Power, Wants More Discretion to Set Whistleblower Awards

The SEC voted 3-2 to push the proposal out for public comment, with the two Democratic commissioners dissenting over concerns that the changes would undercut the whistleblower program and bring improper considerations into future award decisions.
1 minute read

New Jersey Law Journal

Lessons from the SEC's First Cyber-Disclosure Enforcement Action

The SEC has taken steps to demonstrate its increased focus on cybersecurity matters, and specifically on companies' disclosure obligations relating to cybersecurity risks and incidents.
1 minute read

The Legal Intelligencer

Citing Flawed Statute, Court Rejects Treasurer's Bid for Control of $840M in Unclaimed Savings Bonds

The Commonwealth Court has sent Pennsylvania Treasurer Joseph Torsella back to the drawing board in his attempt to obtain legal title to hundreds of millions of dollars in unclaimed U.S. savings bonds in hopes of reuniting them with their owners.
1 minute read

Delaware Business Court Insider

Creditors Committee Dissolves Upon Conversion of Chapter 11 Cases

In Official Committee of Unsecured Creditors v. Constellation Enterprises (In re Constellation Enterprises), Judge Andrews held that a creditors' committee automatically dissolved when a Chapter 11 case was converted to a Chapter 7 case and as a result it lacked the capacity or authority to pursue appeals that had been filed from orders of the bankruptcy court, including the order converting the case.
1 minute read

Law.com

Compliance Hot Spots: New Reality for Corporate Tipsters | 'Culture Is Collective' | Lisa Rickard on GC Challenges

We've got new observations from the SEC's whistleblower chief on the state of play for corporate tipsters, and SEC Chairman Jay Clayton offers thoughts on corporate culture. Scroll down for Lisa Rickard's observations on GC challenges, and to see who got the work in some of the big new cases.
3 minute read

The American Lawyer

Greenberg Traurig Restructuring Team Jumps to O'Melveny in NY

Practice co-chair Nancy Mitchell and her team worked alongside O'Melveny lawyers on the massive restructuring of Puerto Rico's debt.
1 minute read

National Law Journal

Paul Manafort's Losing Streak Deepens in Washington Court

U.S. District Judge Amy Berman Jackson of the District of Columbia sent Trump's former campaign manager to jail last week, pending trial, and in the span of two days refused to dismiss several charges.
1 minute read

Corporate Counsel

Losing the Ability to Conduct Business, Period: The Potential Impact of Multilateral Development Bank Sanctions

Every company participating in multilateral development bank-financed projects must be cognizant of their compliance guidelines and the impact of their investigative and disciplinary functions.
2 minute read

National Law Journal

How a Fee Inquiry Led to Hints of Public Corruption That Have Labaton Fighting

What began as a judge's inquiry into a $75 million attorney fee has morphed into hints of public corruption, with one of the top securities plaintiffs firms in the nation on the defensive.
12 minute read

Daily Report Online

State High Court Rules KSU Academic Study Correspondence Is Public Record

The Campaign for Accountability sought to review communications between the Consumer Credit Research Foundation and Jennifer Lewis Priestley, a KSU professor hired to research the effects of payday loans on consumer finances.
1 minute read

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