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Supreme Court Decides Exxon’s Appeal of $2.5 billion Punitive Award from Valdez Spill

June 27, 2008

In a much anticipated decision, the U.S. Supreme Court on June 25, 2008, decided Exxon’s appeal of the $2.5 billion…

Client Alert from the Investment Management Practice

June 20, 2008

As you have undoubtedly seen in the papers, the two Portfolio Managers (“PMs”) who ran the Bear Stearns’ hedge funds…

EPA Proposes Vessel Discharge Permits

June 19, 2008

On June 16, the U.S. Environmental Protection Agency announced proposed rules relating to  issuance of permits for  vessels’ overboard discharges of liquids…

Real Estate and Sales Tax Exemption in Pennsylvania for ‘Purely Public Charities’

May 6, 2008

Nonprofit Seminar, Pennsylvania Bar Institute

Virginia P. Sikes presented “Real Estate and Sales Tax Exemption in Pennsylvania for ‘Purely Public Charities’” at the Pennsylvania Bar Institute’s…

401(k) Plan Sponsors Beware: Supreme Court Rules That Participants Can Sue For Individual Account Losses

April 30, 2008

     In three concurring opinions, the United States Supreme Court unanimously ruled that its previously heralded decision in Massachusetts Mutual…

Significant Developments in Corporate Litigation Law: Bulletin No. 2008-01 February 2008

February 19, 2008

Delaware Supreme Court Declines to Extend Standing to Bring Derivative Claims to Non-Shareholder Directors The Supreme Court of the State…

DOL Issues Final QDIA Rules

January 16, 2008

     The U.S. Department of Labor has recently issued final regulations addressing qualified default investment alternatives (QDIAs) under participant-directed individual…