LexisNexis® Legal Newsroom
Kevin M. LaCroix
UBS Will Take No Action Against Former Company Officials and Other Web Notes

In a public report that makes for some interesting reading, UBS on October 14, 2010 released a statement disclosing that though its own investigation had concluded that "what happened should not have been allowed to happen," the company will...

Thomas Fox
Ongoing Compliance Assessments: FCPA, UK Bribery Act and OCED Best Practices

One of the requirements consistent throughout the Principles of Federal Prosecution of Business Organization (US Sentencing Guidelines) and its section on corporate compliance programs; the Organization for Economic Co-operation and Development (OECD...

Arina Shulga
How to Choose State of Incorporation for Start-Ups: A Comparative Study of Delaware, Nevada and Wyoming legislation. Part III

In this Part III I will focus on the costs of incorporation and annual fees and taxes to determine which state out of three is the least expensive. I will take a look at the privacy laws of the three states, since privacy is a major concern for business...

Arina Shulga
How to Choose State of Incorporation for Start-Ups: A Comparative Study of Delaware, Nevada and Wyoming Legislation. Part II

In this part I am discussing the ability of Delaware, Nevada and Wyoming courts to handle corporate law cases. State Court System Delaware has been praised for its court system.12 Delaware has a separate Court of Chancery, dating back to 1792...

Kevin M. LaCroix
D&O Insurance: First Circuit Takes a Whack at "Bump Up" Claims Coverage

The First Circuit has overturned a lower court's decision holding that Genzyme's D&O insurance policy did not provide coverage for additional amounts paid to claimants who asserted they had not received enough in a share exchange. Though...

Thomas O. Gorman
Issues of Political Timing and PR: The SEC’s IG Reports on Goldman

The SEC's Inspector General found that there is no evidence the filing and settlement of the enforcement action against Goldman Sachs ( here ) was politically timed or that there were leaks to the media. The Report , made available yesterday,...