LexisNexis® Legal Newsroom
Doug Cornelius
Is a Mitt Romney Candidacy Good for Private Equity?

Mitt Romney puts his business background at the front of his campaign message. As the current front-runner for the Republican nomination, his background is going under increased scrutiny. Since his business background is in private equity, the industry...

Doug Cornelius
The Rise and Fall of Jon Corzine

Bryan Burrough, William D. Cohan and Bethany McLean have a piece in this month's Vanity Fair on Jon Corzine, the man behind the spectacular crash of MF Global. It doesn't provide much insight into what happened at MF Global or where the missing...

LexisNexis® Mealey's™ Legal News
Credit Repair Organization Act’s Silence On Arbitration Means Claims Must Be Arbitrated, High Court Rules

WASHINGTON, D.C. - (Mealey's) Because the Credit Repair Organizations Act (CROA) does not specifically state whether claims brought pursuant to the act are eligible for arbitration, the Federal Arbitration Act (FAA) requires an arbitration agreement...

Kevin M. LaCroix
The Latest FDIC Failed Bank Lawsuit

On December 29, 2011, in what appears to have been the final year-end step as the FDIC ramped up its failed bank litigation activity during 2011, the FDIC filed a civil lawsuit in the Western District of North Carolina in is capacity as receiver of The...

Arina Shulga
Lower Taxes in New York State

December 2011 brought good news to many New Yorkers: the Middle Class Tax Cut and Job Creation Plan. Among other things, this Plan reduces income taxes to their lowest levels in over 50 years. In addition, the MTA payroll tax is eliminated. The Plan was...

Dave Tate
The Nonprofit Funding Model Is Broken, At Least From Government Funding Sources . . .

I saw this in The Chronicle of Philanthropy, December 8, 2011: "State Budget Losses Expected to Cause Problems for Nonprofits Through 2013. . . . Despite signs the economy is improving, nonprofits that rely on state money should brace for at least...