On December 14, 2004, the PCAOB announced proposed rules to safeguard independence of public accounting firms that audit and review financial statements of public companies.

For many years, union officers and employees have been required to report certain payments and financial interests which might give rise to a conflict of interest on Form LM- 30 and employers have been required to report certain payments to unions and union officials on Form LM-10.

The case involved Charles Kokesh ("Kokesh"), the owner of two investment adviser firms providing investment advice to business development companies.

Congress directed the CFPB to study pre-dispute arbitration agreements in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Vessels cannot sail without fuel. This industry truth is recognized in contracts and under U.S. maritime law.

The latest news from Vedder Price relating to Labor Law.

The Medicare Prescription Drug Improvement and Modernization Act (the "Act"), signed into law on December 8, 2003, is scheduled to go into effect on January 1, 2006.

The Securities Litigation Uniform Standards Act (SLUSA) preempts certain class actions based on alleged misrepresentations or omissions "in connection with the purchase or sale" of nationally traded securities.

Parties have an obligation to preserve records, including Emails, even before a lawsuit is filed. Once litigation is commenced, companies must take reasonable steps to safeguard potentially relevant evidence. Many companies are struggling with developing policies and procedures to comply with these obligations.

The Sarbanes-Oxley Act of 2002 has significantly changed the environment in which public companies operate. Part of this shifting landscape includes the SEC’s intensified interest in reviewing public company disclosures in the executive compensation arena.