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President Obama Signs Into Law The Credit Card Accountability, Responsibility And Disclosure Act Of 2009
According to the Federal Reserve, rising unemployment rates and credit card delinquency rates have led to a significant increase in national credit card debt - a number that is now approaching $1 trillion. In response, Congress introduced legislation aimed at providing consumers with access to...
Read MoreNew Jersey Judicial System: Offering A Superior Legal Environment
Editor: When we last interviewed you at the end of 2006, the merger that formed Day Pitney had just been approved. Now that over two years have passed, could you tell our readers something about the experience of integrating two major firms into one? Have you experienced economies of scale as well...
Read MoreAn Investment Lawyer With A Strong Grounding In Experience
Editor: You have been selected to head a multi-practice team appointed by the New York State Comptroller Thomas D. DiNapoli to assist the $122 billion New York State Common Retirement Fund (CRF) with a broad mandate, including reviewing all investments related to the "Pay to Play" scandal;...
Read MoreDepartment Of Energy Outlines Funding For Smart Grid Initiatives
On April 15, 2009, the Department of Energy ("DOE") announced detailed plans to distribute over $5.7 billion to fund Smart Grid initiatives under the American Recovery and Reinvestment Act of 20091(the "Stimulus Package Act"). The DOE will distribute $3.375 billion for a Smart Grid Investment...
Read MoreGantler v. Stephens: The Latest Word From Delaware On Officer Liability And Shareholder Ratification
The current economic upheaval that our nation faces is redefining the risks and rewards of service to public corporations. In this economic climate, it is imperative for directors and officers to review and consider their own standards of performance and exposure to liability. The Delaware...
Read MoreDeleveraging America's Real Estate
Editor: Would each of you tell us about your background and practice area? Berkman: I have been a commercial real estate and transactional attorney for more than 40 years in the Stamford, Connecticut office. My sub-specialty is commercial leasing. I have never represented lenders, only borrowers...
Read MoreCongress Mulls Significant Expansion Of The False Claims Act
The federal False Claims Act, 31 U.S.C. §§ 3729-3733 ("FCA"), is a Civil War-era statute that prohibits individuals or companies from making demands for payment or withholding money from the United States government that they are not entitled to receive or withhold. The FCA requires a violator to...
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