LexisNexis® Legal Newsroom
Alexander Davie
How the Federal Government Taxes LLCs

One of the benefits to using a limited liability company is the flexibility of being able to choose how the entity is taxed. After a new LLC is formed, its owners must decide the method by which they would like their business taxed. By default, an...

Mack Sperling
North Carolina's Revised Rules Of Civil Procedure Regarding Electronically Stored Information

Revisions to the North Carolina Rules of Civil Procedure became effective to actions filed on or after October 1, 2011. A blacklined version showing the changes wrought by a law titled an "Act to clarify the procedure for discovery of electronically...

Robert AG Monks
Corporate Power & Government Capture

Failure of CG has led to capture For the past thirty years I have focused my energies on corporate governance and the legitimacy of corporate power. And by legitimate, I mean that the people who exercise power for the corporations need to be accountable...

David N. Feldman
Temperature Heats Up in PCAOB-China Talks

The Reverse Merger Wire reports that Public Company Accounting Oversight Board (PCAOB) Chair James Doty is growing a little impatient with Chinese securities regulators over the issue of inspections of Chinese accounting firms that are auditing US...

Brian JM Quinn
Thoughts on Challenge to Delaware Arbitration Procedure

I've been giving some more thought to the recent challenge by the Delaware Open Government Coalition to Delaware's new arbitration procedure. It's a very interesting issue and won that I think Delaware is ultimately going to lose. I don't...

Thomas Fox
The TI Six Step Approach to Implementing or Enhancing a Compliance Program

I often write about what I call the McNulty Maxims of Compliance. I heard them in a presentation by Paul McNulty to the Houston Chapter of the Texas General Counsel Association in my most recent corporate position. They were (1) What did you do to...