Friday, July 30, 2010

Galleon Insider Trading Case Defendants Ask Court Not to Allow SEC to Bypass Constraints on Wiretap Access

Galleon defendants Raj Rajaratnam and Danielle Chiesi Feb. 25 urged the U.S. Court of Appeals for the Second Circuit not to allow the Securities and Exchange Commission…

Former Hedge Fund Manager Nadel Pleads Guilty over Role in $397 Million Scam

Former Florida hedge fund manager and disbarred attorney Arthur Nadel pleaded guilty Feb. 24 in the U.S. District Court for the Southern District of New York to 15…

Unregistered Works in Settlement Do Not Bar Court from Exercising Jurisdiction

The inclusion of authors asserting ownership of unregistered works in a class action over the electronic distribution rights of freelance authors does not…

Uncertain Tax Positions Proposal Intended to Fine-Tune Audit Process, IRS Chief Counsel Stresses

March 3, 2010 in Daily Tax Report · Leave a Comment 

Internal Revenue Service Chief Counsel William Wilkins March 2 said as the government moves forward with its proposal to require taxpayers to…

Government Prepares for Regulatory Push to Implement Rules on Foreign Financial Institution Reporting

March 3, 2010 in Daily Tax Report · Leave a Comment 

The government is preparing for a major regulatory effort to implement broad new requirements for foreign financial institutions to report…

House Republicans Introduce Resolution to Block EPA Finding on Greenhouse Gas Emissions

House Republicans introduced a resolution March 2 to block a key Environmental Protection Agency finding that opens the door for regulation of greenhouse gases…

Featured Article: Bilski v. Kappos: New Vista or End of the Road For Many Business Methods and New Technologies?

March 3, 2010 in World Intellectual Property Report · Leave a Comment 

This article reviews the arguments and issues presented in the Bilski v. Kappos case, and provides an analysis of the amicus briefs, as well as a spread sheet analyzing the amicus briefs. The analysis shows that while each industry would have been expected to support the same outcome of the case, that there are differing opinions within a single industry.