McGuire Woods LLP and Fiduciary Education Center, LLC are hosting a conference regarding issues facing corporate fiduciaries. The conference will be held on Thursday, October 21, 2010 at the Mid-America Club in Chicago. The cost is $150 per attendee. More...
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Jim Hanks, an attorney at Venable LLP, and Mike Schiffer, a partner at Venable LLP, recently published a client memo regarding indemnification agreements under Maryland law. The authors discuss different avenues that directors and officers can take to protect themselves...
McGuireWoods LLP has released an update about a recent case that addresses 401(k) plan fees and expenses. Tibble, et al., v. Edison Int'l., et al., U.S.D.C (C.D.Ca.) Case No. CV 07-5359 SVW (AGRx) focused on responsibilities of the Edison International...
Continue reading "Fiduciaries Held Liable for Selecting Retail Mutual Funds"
Claire Bradley of Forbes Magazine has published an article which notes the financial risk of college debt for students and parents. She observes that the $20,000 in debt the average undergraduate leaves school with can often balloon to an amount...
Continue reading "Forbes: The Dangers Of Paying For Your Kid's College"
Liz Davidson of Forbes Magazine has published an article that looks into the research on and guidance for raising fiscally responsible children. She reports that a child's ability to delay gratification is the one of the best predictors of financial...
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Following the passage of the Dodd-Frank Act, executives can expect a major transformation in the world in which financial services firms must operate. Ernst and Young has released a publication that will allow individuals to read about the immediate priorities and...
President Obama will sign into law this week a legislation that will launch a historic reform of the nation's financial regulation; the law will also create the Consumer Financial Protection Bureau (CFPB) and transfers to it responsibility for virtually all...
Continue reading "Venable CFPB Watch: Introducing the New Sheriff in Town "
The Dodd-Frank Wall Street Reform and Consumer Protection Act has been passed by both the House and the Senate. McGuireWoods LLP and McGuireWoods Consulting LLC will host an informative session on the securities law implications of this historic financial services...
McGuire Woods has included Ladysmith Rescue Squad v. Newlin in its latest update on "Recent Fiduciary Cases of Interest to Corporate Fiduciaries." In Ladysmith Rescue Squad v. Newlin, the Virginia Supreme Court found that the standard for division and commutation...
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McGuire Woods has included Smith v. Mountjoy in its latest update on "Recent Fiduciary Cases of Interest to Corporate Fiduciaries." In Smith v. Mountjoy, the Virginia Supreme Court held that a wife exceeded her authority under her husband's power of...
McGuire Woods has included Schilling v. Schilling in its latest update on "Recent Fiduciary Cases of Interest to Corporate Fiduciaries." In Schilling v. Schilling, the Virginia Supreme Court reversed the trial court and held that Virginia's statute that allows curing...
McGuire Woods has included Dolby v. Dolby in its latest update on "Recent Fiduciary Cases of Interest to Corporate Fiduciaries." In Dolby v. Dolby, the Virginia Supreme Court reversed the trial court and held that the debt owed solely by...
Barbara Taylor of the New York Times blog "You're the Boss" has made an observation that small business owners who evade taxes may not be doing themselves any favors. Because the the value of a business is based on a...
The Spring 2010 issue of ACTEC Journal includes an article by Benjamin H. Pruett titled "Tales from the Dark Side: Drafting Issues from the Fiduciary Perspective." In the article, Pruett offers drafting advice based on issues he encountered after leaving...
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McGuire Woods has included N.K.S. Distributors Inc. v. Tigani in its latest update on "Recent Fiduciary Cases of Interest to Corporate Fiduciaries." In N.K.S. Distributors Inc. v. Tigani, the Delaware Court of Chancery rejected the successor beneficiary's motion to compel...
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