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Read Business Organization updates, alerts, news, and legal analysis from leading lawyers and law firms:

Corporate Liability and the Alien Tort Statute: Highlights from the Oral Arguments in Jesner v. Arab Bank

On Wednesday, October 11, the U.S. Supreme Court heard oral arguments in Jesner v. Arab Bank. The case may once and for all determine whether companies are appropriate defendants in cases filed pursuant to the Alien Tort...more

Put a Fork in it: What’s Happening with the DAO?

by Goodwin on

If you have an interest in bitcoin, you’ve undoubtedly heard people refer to “The Blockchain.” Because the term “blockchain” can refer to any distributed ledger where “blocks” are added to the ledge by solving complex...more

Accountant’s Defamatory Report To Audit Committee Held To Be Absolutely Privileged

by Allen Matkins on

Once upon a time an independent accounting firm learned from a law enforcement source that its publicly traded client and two of its directors had committed illegal acts of a serious nature. ...more

Private Offerings in New York: How an “Integration Clause” bars an Investor from Relying on the Offerors’ Representations

by Riveles Wahab LLP on

Anyone in business should be careful to note whether their contracts contain “integration clauses.”  A so called integration clause makes the contract “king” in terms of the promises and...more

Preparing for the New Wave of FDIC Suits Against Bank Directors and Officers

by Lane Powell PC on

Directors and officers are the most likely FDIC targets for recovery claims since, in many cases, they are covered by “D&O” insurance. Typically, the FDIC asserts claims for gross negligence, negligence and breach of...more

New York High Court Exonerates Advisers for Aiding and Abetting Corporate Fraud

The Delaware Supreme Court recently affirmed a judge's order dismissing a derivative action fined against American International Group's outside auditor, PricehouseCoopers. Teacher's Ret. Sys. of La. v. PricehouseCoopers LLP,...more

Third Party "Alter Ego" Subpoena Quashed

The U.S. District Court for the District of Nevada quashed a third party subpoena on a bank because the subpoena was overbroad. Plaintiffs sued a series of individuals and corporate entities for construction defects, fraud...more

Special Liability Risks For Director Appointees To Banking Organizations

by Ropes & Gray LLP on

This article describes potential sources of personal liability for directors of banking organizations that arise from federal banking laws and regulations, including as a result of common law causes of action, enforcement...more

Bullet"iln" Volume 5 Issue 2 - July 13, 2006

Is this Issue: *Helmut Kohl to Be Keynote Speaker at 18th Annual ILN Conference Distributed by PR Newswire on behalf of International Lawyers Network *A Celebration of the ILN's Founding Members May 10, 2006 -...more

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