The Slippery Slope to Fraud
In this detailed and insightful report, the Center for Audit Quality details how financial-accounting fraud can sometimes creep up on a company that would never have expected to become so embroiled in it.
Big, Broad Bankruptcy Bill
The Second Circuit expanded the extent to which the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act applies to bankruptcy lawyers. In a recent opinion, that court went beyond the Supreme Court's application of the law in Milavetz to include other provisions of the act not considered by the Supreme Court.
FREEEEEDOM (of Information)!
Only a few months old and the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act has already been amended. President Obama signed a measure altering the FOIA treatment under the act. The new law makes any entity the SEC is responsible to regulate, supervise, or examine a "financial institution" as defined in the FOIA. The change clarifies that the entities, such as hedge funds, newly regulated by Dodd-Frank are susceptible to FOIA requests.
Gone to the Cleaners
The Ninth Circuit followed Justice Stevens' approach in Santos that when determining whether a money-laundering count is viable, the court should focus on whether there would be a "merger problem" between the money-laundering statute and the underlying offense. Unfortunately for the defendant in the Ninth Circuit case, the court held that there was no merger problem.
Mo' Money, Mo' Money, Mo' Money for Uncle Sam
A Call for Transparency in the FCPAIn a recent report, the Organization for Economic Cooperation and Development has called for the DOJ and SEC to provide more data about "why a particular type of agreement is used [in an FCPA prosecution], the choice of an agreement's terms and duration, and how a company has met the agreement's terms."
On September 25, DC-based counsel Steven Cash will be a featured speaker at the National Forum on the Foreign Agents Registration Act (FARA), an event presented by the American Conference Institute and held in Washington, DC.
Steven Cash moderated a panel discussion hosted by Culper Connect, an alumni association of former United States Government public servants from the U.S. Intelligence Community.
Day Pitney Newsletter
Day Pitney Newsletter
Steven Cash authored an article, "Why Immediate Public Release of Mueller Report Would Be Bad for National Security, Politics," published by The Hill.
Steven Cash was quoted in an article, "Trump Remarks Deepen Distrust with Intelligence Community," published by The Hill.
DC counsel Steven Cash was quoted in an article, "Five Takeaways from Barr's New Powers in 'Spying' Probe," published by The Hill.
Former federal prosecutor Stan Twardy was featured on the RNN-TV program "Richard French Live," a nightly news talk show.
Stan Twardy was quoted in an article, "5 Things to Know About John Durham—Barr's Pick to Probe Root of Russia Investigation," published by the Connecticut Law Tribune.
Stan Twardy was featured on a News 12 segment focusing on reports that U.S. Attorney General William Barr has assigned U.S. Attorney for the District of Connecticut John Durham to examine the origins of the Russia probe.