After more than three years since review first was requested, the California Supreme Court rendered a unanimous decision yesterday in Brinker Restaurant Corp. v. Superior Court, No. S166350 (Apr. 12, 2012).

The certification requirement was the most highly-anticipated aspect of the Final Rule and differs from the Proposed Rule in two material respects.

Private securities fraud claims brought under Section 10(b) of the Securities Exchange Act of 1934 and SEC Rule 10b-5 are most commonly premised on alleged misstatements or omissions in information provided to investors about a publicly-traded company.

The Supreme Court in New York County recently dismissed a $20 million suit in a sanctioning order in response to the Plaintiff’s destruction of electronically stored information ("ESI").

Consumer class action lawsuits are expensive. Case after case confirms this fact. Recognizing this, many consumer class action lawsuits are filed without a proper class representative, solely so that discovery may be initiated to locate a plaintiff with a "legitimate" claim.

To implement section 941, the Agencies recently issued a proposed rulemaking on Credit Risk Retention, seeking public comment by June 10, 2011.

A notice to executives and directors regarding some basic tax planning alternatives that are currently available, but that Congress is poised to eliminate. Anyone who has significant deferred compensation, supplemental retirement benefits, restricted stock, or stock options that are in-the-money should now consider what could be a window of opportunity for (1) deferring taxation on their stock gains, and (2) updating their payment elections - whether to lengthen their period of tax deferral or t

Turkey has been going through some extensive legislative changes recently that will have significant effects on businesses related to Turkey.

The Supreme Court recently decided the second of two retaliation cases that continued a long and nearly unbroken series of losses for employers.

It appears that the current favorable estate, gift and generation skipping transfer (GST) tax laws may remain in effect until December 31, 2012 -- despite earlier rumors of an accelerated 2011 expiration date.

The current favorable estate, gift and generation skipping transfer (GST) tax laws are set to expire on December 31, 2012.

Lenders Who Are Refinanced With Proceeds of New Debt Secured by Liens on Assets of an Entity, not an Obligor, on the Refinanced Debt Could be Required to Return Those Proceeds to the Extent the Lien Constituted a Fraudulent Transfer.

On December 6, 2012, California’s Attorney General filed a suit against Delta Air Lines.

The U.S. Department of Justice ("DOJ") and U.S. Securities and Exchange Commission ("SEC") continue to reevaluate and adapt their approach to FCPA enforcement.

UK-incorporated quoted (or, in U.S. terms, public) companies have reason to fear that binding say on pay ("BSOP") could become a reality for general shareholder meetings held on and after October 1, 2013.

This alert discussed a recent noteworthy decision on willfulness in patent infringement actions.

A disccusion on the recent updates on the development of the Foreign Account Tax Compliance Act, including the release of the much anticipated final regulations to FATCA.