Corporate

Is Outsourcing IT Worth the Compliance Risk?

Article
As regulators examine vendor relationships and outsourcing arrangements more closely, there is a significant risk that poorly managed IT could trigger an audit finding, a fine or negative publicity.

Akerman Expands National Corporate Practice Group with New York Partners

News
Akerman LLP announced the expansion of its Corporate Practice Group with New York partners Lorenzo Borgogni and Jack Habert.

Corporate Compliance in Health Care – Governance Oversight Change is Needed

Article
Corporate compliance could be in for some changes in 2016, based upon the events of 2015, forecasting increased self-policing, personal accountability for leaders, and physician arrangements as the top risk areas.

Download: Strengthening Compliance and Ethics Oversight

White Paper
New U.S. Department of Justice emphasis on the effectiveness of compliance and ethics programs in preventing, detecting, and mitigating the risk of individual wrongdoing is raising the bar for companies’ compliance efforts.

Webinar – Navigating a Complex World: Ensuring Corporate Compliance Abroad

Event, March 3, 1 p.m. EST
Bloomberg BNA will present a complimentary 60-minute webinar March 3 in which experienced panelists will discuss how corporations can comply with laws in some of the most complex jurisdictions.

Judge Gives Volkswagen a Month to Present Diesel Compliance Plan

NEWS
Volkswagen has been given until March 24 to present an acceptable fix for bringing nearly 600,000 diesel cars into compliance with clean air laws, reports DW Akademie.

Kirkland Counsels EIG on Its $500M Equity Commitment to Rice Midstream Holdings

NEWS
Rice Energy Inc. has completed a $375 million equity investment by EIG Global Energy Partners, on behalf of EIG managed funds, into Rice Midstream Holdings.

DOJ to Soon Issue Sample Questions on Corporate Compliance

Article
The Department of Justice plans to release a set of questions in the coming weeks that companies implicated in wrongdoing can expect to be asked by investigators concerning their compliance programs, reports Bloomberg BNA.

M&A and Transaction Risk Oversight Examined

White Paper
The National Association of Corporate Directors is offering a complimentary copy of the summary from a recent meeting of the NACD Advisory Council on Risk Oversight, which focused on the board’s oversight of M&A transactions.

Goldman Sachs Bankers Said to Depart on Guidelines Breach

NEWS
Three bankers have left Goldman Sachs Group Inc. after the U.S. firm determined they breached internal guidelines in connection with the bank’s advisory role on the planned acquisition of a consumer company in the Middle East, reports Bloomberg News.

Survey: Mitigating Reputation Damage in High-Profile Lawsuits

White Paper
A new survey shows senior legal officers recognize importance of communications — but most lack strategy, accountability for what is said outside the courtroom. Greentarget conducted the survey.

SEC Will Only Target Directors in Egregious Cases

NEWS
An SEC official sought to allay concerns voiced by corporations and their lawyers about the SEC enforcement cases against corporate directors and other gatekeepers, such as compliance officers, who may try to fix compliance problems and find themselves entangled in an agency investigation

What Lawyers Can Bring to the Governance Structure

Article
Boards of directors have traditionally been the bastions of CEOs, where business experience was paramount. But modern challenges to corporations suggest business-oriented attorneys – particularly those with GC experience – provide essential value and perspective