News and Events for Attorneys and Executives

Administrative Law

Implementing the New Revenue Recognition Standard – What Private Companies Need to Do Now

Insight
With the effective date for the new revenue standard fast approaching, many private companies have still not taken important steps towards implementation, writes Robert S. Miller, CPA, CFE, partner, Samet & Company, PC.

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Court Warns: Disbarment for Anonymous Online Posts is Lesson for Other Lawyers

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As a prosecutor, Sal Perricone posted more than 2,600 comments on nola.com, the website of the New Orleans Times-Picayune, between November 2007 and March 2012.

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Supreme Court Suggests Forcing Lawyers to Pay Bar Association Dues Violates Their Free Speech

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At least 30 states require the dues, in most cases with bar associations regulating the legal profession by licensing lawyers and disciplining those who violate the rules.

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Subpoenas Issued to Trump Organization in Emoluments Lawsuit

News
Reuters reports the Trump Organization Inc., the president’s privately owned real estate company, and related corporate entities received the subpoenas.

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Download: Best Practices For Conducting Fast, Defensible Internal Investigations

Download: Best Practices For Conducting Fast, Defensible Internal Investigations

Insight
Zapproved has published a new guide that outlines the five best practices for conducting fast, defensible internal investigations.

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Guidelines for GDPR Compliance in Third-Party Contracts

Guidelines for GDPR Compliance in Third-Party Contracts

Insight
A company an take some steps to fulfill its obligations in contracts with third parties and mitigate risks regarding third parties’ data misuse under the GDPR.

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Newspaper Report Foils Trump Labor Secretary’s Chances of Being the New AG

Newspaper Report Foils Trump Labor Secretary’s Chances of Being the New AG

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Alexander Acosta is out of the running to be President Donald Trump’s attorney general following a report that he oversaw a sweetheart deal for a wealthy financier accused of sexually abusing dozens of underage girls

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Facebook Has Poached the DoJ’s Silicon Valley Antitrust Chief

Facebook Has Poached the DoJ’s Silicon Valley Antitrust Chief

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TechCrunch reports that Facebook has recruited Kate Patchen, a veteran of the U.S. Department of Justice who led its antitrust office in Silicon Valley, to be a director and associate general counsel of litigation.

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Lenovo $8.3M Spyware Class Action Settlement Gets Initial OK

News
The federal court’s initial approval of the settlement comes four months after Lenovo and the consumer class filed with the court to end the spyware action.

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Fewer Lawsuits for Corporations, But More Oversight on Data andTax Risk

News
Norton Rose Fulbright’s 2018 Litigation Trends Annual Survey polled 365 senior corporate counsel representing US-based organizations on disputes-related issues and concerns.

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Facebook GC – Who Said He Was Leaving – Will Stay Because Facebook is Still in Crisis

Facebook GC – Who Said He Was Leaving – Will Stay Because Facebook is Still in Crisis

News
Facebook general counsel Colin Stretch, who announced in July that he was leaving the company at the end of the year, has changed his mind, reports Recode.

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Tesla Loses a Senior Lawyer Just as SEC Tightens Grip

News
Bloomberg is reporting that an experienced securities lawyer has left Tesla Inc. just as the company needs one under its fraud settlement with U.S. regulators.

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Ex-JPMorgan Trader Pleads Guilty in Six-Year Spoofing Plot

News
A former precious-metals trader said to have worked at JPMorgan Chase & Co. admitted he engaged in a six-year spoofing scheme that defrauded investors in futures contracts with the help of his colleagues and bosses, Bloomberg Law reports.

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Federal Judge Blocks Keystone Pipeline XL in Major Blow to Trump Administration

Federal Judge Blocks Keystone Pipeline XL in Major Blow to Trump Administration

News
The Washington Post characterized the order as a  major defeat for President Trump, who attacked the Obama administration for stopping the project in the face of protests and an environmental impact study.

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2018 Eastern District of Texas Bench Bar Conference Sets Attendance Record

2018 Eastern District of Texas Bench Bar Conference Sets Attendance Record

News
Andrei Iancu, U.S. Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office, delivered a major policy address during the event.

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Ex-Penn State University GC Cleared of Wrongdoing

News
Former Pennsylvania Supreme Court justice and Penn State University general counsel Cynthia Baldwin was cleared Friday of any wrongdoing relative to her representation of university officials during the Jerry Sandusky investigation, reports the Pittsburgh Post-Gazette.

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DOJ Announces Guidelines to Reduce the Imposition of Monitorships in Corporate Criminal Cases

DOJ Announces Guidelines to Reduce the Imposition of Monitorships in Corporate Criminal Cases

Insight
The Justice Department’s Criminal Division has announced updated policies and procedures related to the selection of corporate monitors in federal criminal cases, according to an advisory by Alston &. Bird.

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CEO Allegedly Stole Millions From Low-Income Customers to Pay for a Ferrari, a Private Jet and a Florida Condo

News
American Broadband’s chief executive, Jeffrey Ansted, was held personally liable for the alleged misconduct as the FCC accused him of embezzling aid money and using it to pay for luxury goods such as an $8 million private Cessna jet.

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‘Frack Master’ of Texas Oil Fame Pleads Guilty to Massive Fraud, Faces Up to 12 Years in Prison

News
Christopher Faulkner, the former CEO of Dallas-based Breitling Energy, became a star in business circles for his high-profile media appearances defending hydraulic fracturing or fracking, reports The Dallas Morning News.

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Company Couldn’t Cut Disabled Worker’s Benefits, So It ‘Went Rogue’ and Had Him Arrested, Lawyer Says

News
An attempt to prosecute a man drawing disability payments for an on-the-job injury drew a withering rebuke from a judge, and now the man is suing the insurance company for malicious prosecution.

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