A Capitol Hill battle is brewing over financial reporting requirements in the Sarbanes-Oxley Act. Lawmakers are pushing a new bill to reduce Sarbanes-Oxley reporting protocols, requiring that firms and their external auditors confirm the effectiveness of internal controls over financial ...
Read More »Partner vote on merger of legal giants could happen this summer
The following story appears in this week’s issue of Missouri Lawyers Weekly. Partner votes on the merger of Bryan Cave and Cleveland-based Squire Sanders & Dempsey could be this summer, according to two partners at the firm. The partners cited ...
Read More »IP plaintiffs flocking to small town of Marshall in eastern Texas
There’s nothing in the outward appearance of this small east Texas city to suggest its prominent role in the world of intellectual property. Lying 150 miles east of Dallas in the state’s Piney Woods region, Marshall is a nondescript place ...
Read More »IRS revokes counseling agencies' tax-exempt status
The IRS has revoked the tax-exempt status of all 41 credit-counseling agencies it has audited, and is challenging the status of several others in an effort to crack down on abusive organizations. These actions come on the heels of an ...
Read More »IRS clarifies rules for QTIP-IRAs
The IRS has issued a revenue ruling changing the rules for leaving an IRA to a QTIP trust for the benefit of a surviving spouse. In general, the new ruling clarifies the circumstances under which the surviving spouse is considered ...
Read More »Issues of material fact send case back to trial court
Summary judgment granted to a bank over a loan dispute was premature, according to the Missouri Court of Appeals, Western District, given the disputed facts in the case. The case Betty Cridlebaugh v. Putnam County State Bank of Milan and ...
Read More »Eastern District COA hears case about new St. Louis University arena
The Missouri Court of Appeals, Eastern District, heard oral arguments Tuesday in what is yet another saga in the long-proposed redevelopment plans for the Midtown St. Louis area. The court is set to decide whether Saint Louis University, a Catholic ...
Read More »Compensation consultants come under fire for potential conflicts
Sometimes, determining what to pay top executives requires a little help. While some companies carefully craft their own executive compensation packages, others call in executive compensation consultants – and some of those consultants are coming under fire for potential conflicts. ...
Read More »Cross-examination: An iron fist in a velvet glove
During 27 years as a criminal defense lawyer in Florida, Anthony Natale has conducted hundreds of cross-examinations. It’s one of the toughest trial techniques to master, he said. The reason, Natale explained, is that “You have to use the opponent’s ...
Read More »Putting the 'earn' back in 'earnings'
In an effort to connect an executive’s earnings to a company’s revenues, some are pushing for “pay-for-performance” models linking compensation to results. Imagine a world where a CEO’s paycheck dwindles when his or her company’s stock values and income are ...
Read More »How to . . . Choose a credit union
Rather than a bank, some people turn to a credit union for services such as checking and savings accounts, credit cards and loans. What’s the difference? Unlike a bank, a credit union is a not-for-profit, cooperative financial institution that is ...
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