Regulatory Issues | Privacy | Other

Part I: The Fiduciary Duties of Officers and Directors of an Insolvent Corporation

Regulatory Issues | Privacy | Other /

(April 23, 2010): This is the first installment of a three part article by David Parker examining the Fiduciary Duties of Officers and Directors of Insolvent Corporations and Corporations operating in the so called “Zone of Insolvency.” Part I: The Fiduciary Duties of Officers and Directors of an Insolvent Corporation: Over the next few days, […]

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HEAT Strike Force Update: Prosecutions in Texas Increased in March 2010

HEAT Strike Force, Regulatory Issues | Privacy | Other /

(April 3, 2010): The Federal government is taking considerable steps to stop Medicare fraud and abuse. Notably, the number of publicly-disclosed HEAT Strike Force investigations and prosecutions in Texas significantly increased last month. Two of the cases disclosed involved mental health professionals: A Psychologist was convicted of health care fraud and money laundering, in connection

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D&O Insurance Coverage: Understanding the Role of Outside Directors

Regulatory Issues | Privacy | Other /

(March 29, 2010): A Federal court recently preliminarily approved a $55.95 million settlement involving securities claims against outside directors in a case against Peregrine Systems, Inc. This is one of the largest ever recorded settlements involving outside directors, and is significant in D&O insurance issues. Pursuant to the settlement, several former Peregrine directors agreed to

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