Supreme Court to Hear Case That Will Affect Insider Trading Liability of Tippees
May 01, 2016
A case heading to the Supreme Court could dramatically change insider trading law that bars trades by recipients of stock tips. The Court agreed to consider a case that raises the question of whether a trade based on an inside tip is permitted so long as the tipper was motivated by familial love rather than monetary gain.
Embracing Culture As A Path to Survival
May 01, 2016
A strong, powerful and constructive culture has a significant impact on a business's ability to differentiate, to offer top-shelf client service, to attract and retain talent at all levels and to reach new levels of profitability. Regardless of how technology continues to help the legal industry reinvent itself from a mature industry to a young and thriving industry, culture and people will remain a key driver of any firm's long-term success.
Case Notes
May 01, 2016
According to a recent decision by the Supreme Court of New Jersey, an insurer denying coverage based upon an insured's failure to provide timely notice of a claim under a "claims made" directors and officers policy is not required to show appreciable prejudice ' provided such "claims made" policy was agreed to by sophisticated parties.
Development
May 01, 2016
A look at a case involving site plan approval.
EXCITING NEWS!!!
May 01, 2016
Beginning with the June Issue, <i>LJN's Legal Tech Newsletter</i> will be incorporated into our all-new, cutting-edge title: <i>Cybersecurity Law & Strategy.</i>
The Famous Dr. DeBakey and His Two Controversial Practices
May 01, 2016
Recently, there has been a great deal of press, as well as litigation, involving two things: so-called "overlapping surgery," and requests by patients to record their encounters with their physicians and with their surgical procedures. Many years ago, a world-famous cardiac surgeon, at least anecdotally, did both things.
The Coming Tsunami in the Legal Profession
May 01, 2016
There have been four waves of change over the last 50 years. We are now entering the fifth wave and this one will be a tsunami. The lawyers who do not recognize the trends will not be able to enter a new era and survive. The fifth wave will turn partnership leverage, compensation systems and the business model upside down. There is not much time to make the incremental changes that will support sustained profitability in law firms.
The 'Zone of Insolvency'
May 01, 2016
Directors and officers of a corporation are fiduciaries to the corporation and its shareholders, and are generally required to exercise the duties of care and loyalty with every corporate action. Delaware courts have long led the development of the parameters of these duties, which arise from statutes and vary from state to state.
The First Five Years of the SEC Whistleblower Program
May 01, 2016
With well-publicized SEC settlements now routinely tipping into the tens of millions of dollars, the monetary rewards to a successful tipster might be huge. The Dodd-Frank Act called those tipsters "Whistleblowers," and the SEC's official Whistleblower program opened for business in August 2011. Here's what has happened since.
Court Watch
May 01, 2016
Third Circuit Affirms Denial of Injunctive Relief to Franchisor, Concluding Concessions of Counsel Disproved Irreparable Harm<br>Fifth Circuit Issues Cautionary Note to Franchisees That Plead Their Claims Haphazardly
