Editorial Results (free)
1. Court Weighs Securities Fraud Case Changes
- Thursday, March 06, 2014
WASHINGTON (AP) – The Supreme Court on Wednesday seemed open to the possibility of making it harder for investors to join together to sue corporations for securities fraud – but maybe not as hard as companies that have to defend such lawsuits would like.
2. Law School Draws Honors, High-Profile Speakers
- Thursday, November 14, 2013
From a slew of high-profile guests who’ve come to speak over the past year, to a string of recent awards, to a U.S. Supreme Court justice’s visit next month, it could be argued the University of Memphis Cecil C. Humphreys School of Law is having a moment.
3. High Court Considers Whistle-Blower Protections
- Wednesday, November 13, 2013
WASHINGTON (AP) – The Supreme Court looked back Tuesday at the collapse of energy giant Enron to determine who is protected from retaliation after blowing the whistle on a company's misdeeds.
4. Reynolds Bone & Griesbeck Rolls Along With Changing City
- Saturday, August 24, 2013
The accounting firm of Reynolds Bone & Griesbeck PLC has been around since 1916, when it was known as Shannon Reynolds & Bone.
5. Non-Financial Fraud’s Growing Threat
- Wednesday, May 15, 2013
Conventional fraud is all too familiar, including misappropriation of assets (better known as employee theft) and financial statement fraud (Enron, WorldCom and Stanford Financial Group).
However, a type of fraud climbing out from under-the-radar status is non-financial fraudulent statements – false or misleading information produced by an organization to the public or regulatory body.
6. Outdoor Retail Executive Picked for Interior
- Thursday, February 07, 2013
WASHINGTON (AP) – President Barack Obama on Wednesday nominated outdoor business executive Sally Jewell to lead the Interior Department.
7. Congress Sends Startup Investment Bill to Obama
- Wednesday, March 28, 2012
WASHINGTON (AP) – Despite warnings that less government oversight might mean more investment scams, Congress on Tuesday sent President Barack Obama legislation he endorsed making it easier for startups to raise capital without running afoul of federal regulations.
8. Senate Passes Small Business Investment Bill
- Friday, March 23, 2012
WASHINGTON (AP) – Legislation to help startup companies raise capital by reducing some federal regulations won easy passage in the Senate Thursday despite warnings from some Democrats that less government oversight would mean more abuse and scams.
9. Popular Small Business Bill Hits Senate Obstacles
- Friday, March 16, 2012
WASHINGTON (AP) – It might seem a recipe for success: Legislation to help small businesses raise capital passed the House last week with 95 percent of lawmakers voting for it and President Barack Obama's support. But in today's Congress, nothing comes easy.
10. Protect Your Company From Fraud
- Thursday, January 19, 2012
Bernie Madoff. Enron. WorldCom. These highly publicized instances of fraud might lead some people to believe that fraud happens only in large organizations. However, it’s clear that any organization should be concerned with combating fraud. A 2010 study by the Association of Certified Fraud Examiners found that small organizations are actually disproportionately victimized by occupational fraud, citing the lower likelihood of anti-fraud controls when compared to their larger counterparts.
11. You Don’t Want It All
- Monday, August 16, 2010
Most business people say they want all the business they can get.
They really don’t.
The only business you want is that which makes a true profit. Any other kind is meaningless or worse.
12. Baker Donelson’s Brown Advises Senate Subcommittee on Financial System
- Thursday, July 29, 2010
It’s often said that the best parts of movies are the ones left on the cutting room floor.
Baker, Donelson, Bearman, Caldwell & Berkowitz PC attorney Gary Brown feels the same way about the voluminous update of the nation’s financial industry rulebook President Barack Obama signed into law last week.
13. High Court Reins in Prosecutors' Use of Fraud Law
- Friday, June 25, 2010
WASHINGTON (AP) — The Supreme Court on Thursday sharply curtailed prosecutors' use of an anti-fraud law that was central in convicting politicians and corporate executives in many of the nation's most prominent corruption cases. The ex-CEO of disgraced energy giant Enron and a Canadian media mogul, both in prison, are among the figures who could benefit from the ruling.
14. SEC Chief: Early Findings Due in Trading Probe
- Wednesday, May 19, 2010
BOSTON (AP) - Federal investigators on Tuesday will submit preliminary findings into a sudden plunge in financial markets, and exchanges will propose new trading rules aimed at preventing another such crash, the nation's top securities regulator said.
15. Investing In the Office Not Advised
- Wednesday, April 14, 2010
Many people view employee stock option (ESO) plans as the road to a cushy retirement.
For some it may be, such as the early employees of Microsoft who amassed so much wealth that they are now considered a “volunteer work force.”
16. Supreme Court Weighs Validity Of Anti-Fraud Law
- Tuesday, December 08, 2009
The Supreme Court cast doubt Monday on the validity of part of the anti-fraud law enacted in response to Enron and other corporate scandals earlier this decade.
The court heard arguments in a case over the composition of the board that was created to tighten oversight of internal controls and outside auditors following accounting scandals at Enron Corp., WorldCom Inc., Tyco International Ltd. and other corporations.
17. Administration Widening Pursuit of Financial Fraud
- Wednesday, November 18, 2009
WASHINGTON (AP) - The Obama administration has formed a new task force to target financial fraud – replacing an earlier corporate fraud task force.
Attorney General Eric Holder says the new group will have a broader scope – and incorporate state investigators as well as federal agencies – to investigate and prosecute financial crimes that worsened the market collapse.
18. Journalist Who Helped Spark Madoff Downfall to Speak Tonight in Memphis
- Thursday, November 12, 2009
To the financier blessed with what looked like the Midas touch, she was “that idiot woman from Barron’s.”
What earned financial journalist Erin Arvedlund that scornful crack from Bernie Madoff was an article she wrote for Barron’s magazine about eight years ago. Headlined “Don’t Ask, Don’t Tell” and based on more than 100 interviews, it was one of the first news stories to question the inexplicable way Madoff’s hedge fund empire made money hand over fist.
19. Supreme Court Will Hear Appeal of Enron's Skilling
- Wednesday, October 14, 2009
WASHINGTON (AP) - The U.S. Supreme Court said Tuesday it will take up former Enron CEO Jeff Skilling's appeal of his convictions for his role in the collapse of the energy giant, accepting another high-profile challenge to a favorite tool of prosecutors in white-collar and public corruption cases.
20. High Court Rules in Favor of Ex-Enron Executive
- Friday, June 19, 2009
WASHINGTON (AP) - The Supreme Court on Thursday sided with a former Enron Corp. executive in a ruling that makes it unlikely he can be tried a second time on charges related to financial fraud at the one-time energy giant.
21. Accounting Board Adopts Guidance
- Monday, October 13, 2008
The standard-setting board for corporate accounting adopted new guidance on Friday that will give banks a break in the distressed market and could boost their balance sheets.
The five-member Financial Accounting Standards Board decided to provide some flexibility in applying “fair value” accounting where there is no market for a security – like the market for banks’ mortgage-backed assets that has been dysfunctional for months.
22. Leatherwood Launches Campaign, Jabs at Blackburn
- Tuesday, April 08, 2008
It doesn't take long these days before political figures of all stripes go from talking politics to sweating economics.
Former first lady Hillary Clinton did it in Memphis Friday during her speech at Mason Temple, where she invoked the memory of Martin Luther King Jr. in calling for the creation of a presidential cabinet post to fight poverty. The topic also is gaining traction in this fall's race for the 7th U.S. Congressional District seat.
23. Luban to Address Legal Ethics Friday
- Thursday, January 17, 2008
Attorneys can have different opinions about the law. But how do they know when they've gone too far ethically in the service of the institutions they work for?
The question has been hotly debated since attorneys for the Bush administration began drafting memos on how far military and intelligence agents can take interrogations of terror suspects and other prisoners connected to the wars in Iraq and Afghanistan.
24. Subprime Hazards Lurk in Special Pipelines
- Friday, August 31, 2007
The subprime-mortgage downturn keeps showing up in unexpected places in unusual ways.
The latest are conduits, which have put some of the world's biggest banks under the spotlight for their lucrative but little-known and poorly disclosed operations. Most recently, State Street Corp., the big Boston bank and money manager, saw its share price fall on fears about its exposure to about $28 billion in off-balance-sheet conduits. State Street said in a statement that the credit quality of the assets in its conduits "is very good," and the conduits are still selling commercial paper.
25. Some RMK Funds Feel Pain of Subprime Meltdown
- Monday, August 27, 2007
Once investments tied to the subprime mortgage market began taking a beating - now part of a daily drama unfolding in the national financial press - several Regions Morgan Keegan mutual funds found themselves more bloodied than almost all of their rivals.
26. American Home Mortgage Files For Bankruptcy Protection
- Tuesday, August 07, 2007
NEW YORK (AP) - American Home Mortgage Corp. filed for bankruptcy protection on Monday, the latest casualty of a mortgage industry that has plunged into distress.
The Melville, N.Y.-based company's request for Chapter 11 bankruptcy protection - filed in bankruptcy court in Wilmington, Del. - caps a tumultuous 10 days for what was in 2006 the nation's 10th-biggest home lender.
27. U.S. Supreme Court's Ideological Split Largely Absent in Business Cases
- Tuesday, July 03, 2007
WASHINGTON (AP) - The narrow split between liberal and conservative U.S. Supreme Court justices was evident throughout the court's most recent term with one prominent exception: business cases.
Unlike the blistering ideological divisions stemming from cases about abortion, pay discrimination against women and the use of race in school assignments, justices often found common ground when ruling on commercial issues such as shareholder rights and antitrust law. Seventy percent of the 30 business-related cases decided by the court over the eight-month term that ended this week produced majority votes of 7-2 or greater.
28. Legal Columnist To Speak About Larger Implications Of Duke Case
- Thursday, February 01, 2007
Legal columnist Stuart Taylor knew something was wrong with the Duke University lacrosse case when he first heard about it.
The case, which still is open, involves three white lacrosse players at Duke who were accused of raping a black exotic dancer who performed for them at a team party last spring. The racially charged case continues to make national headlines.
29. Blockbusted! Local franchisee sues Blockbuster Inc., alleges Dallas company 'undercut' its business
- Friday, January 05, 2007
Fred Montesi III, a member of the well-known Memphis grocery family, was one of the first Blockbuster franchise holders in the United States.
He opened the video rental company's first store in Memphis in the late 1980s, later growing his Blockbuster franchise operation into one of the largest in the country.
30. Brown Talks About Senate Testimony, Involvement in Far-Reaching Legislation
- Thursday, October 05, 2006
Gary M. Brown recently appeared before the U.S. Senate's Permanent Subcommittee on Investigations (PSI).
Brown, who chairs the corporate department of Baker, Donelson, Bearman, Caldwell & Berkowitz PC and is based in the firm's Nashville and Washington offices, provided testimony on ways offshore tax havens and tax shelters circumvent compliance with U.S. securities laws. The hearing, "Offshore Abuses: The Enablers, the Tools and Offshore Secrecy," received widespread coverage in the national media.
31. MAAR Commercial Council Names Board Members
- Wednesday, September 14, 2005
The Memphis Area Association of Realtors Commercial Council elected the following individuals to its board of directors: Bayard Snowden, president-elect; Michael Greenberg, 2005 director/2006 vice president; Andy Cates, two-year director; Kelly Truitt, two-year director; and Jim Rainer, two-year director. Returning board members include Jon Albright, president; Steve Guinn, vice president; Joel Fulmer, immediate past president; Frank Dyer, Irvin Skopp and Russ Westlake, directors; Richard Groff, Memphis Metro CCIM chapter president; John Bartlett, IREM chapter 20 president; Philip Erstine, Realtors Land Institute Tennessee chapter president; and Joe Steffner, SIOR chapter president.
32. Archived Article: Ethics (lead)
- Monday, June 07, 2004
Corporations Vie for Positive Spotlight
New ethics award offers chance for positive publicity
The Daily News
Today, business ethics are at center stage as companies and executives fight to put high-profile corporat...
33. Archived Article: Law Focus
- Thursday, April 29, 2004
Firms Big and Small Turn to Legal Outsourcing
The Daily News
Its all about relationships. Or at least Jim Raines believes it is.
Raines, general counsel with Thomas & Betts Corp., said its important to build a stro...
34. Archived Article: Law Focus
- Thursday, January 29, 2004
Rhodes Law Institute Examines Ethical Dilemma
The Daily News
Understanding the difference between right and wrong might seem as basic as anything learned in the first grade.
But on the corporate front, especially durin...
35. Archived Article: Events
- Friday, October 10, 2003
The Memphis Bar Association hosts the second annual Judge Jerome Turner Seminar, titled Business Lawyering Post-Enron: What Y
The Memphis Bar Association hosts the second annual Judge Jerome Turner Seminar, titled Business Lawyering Post-Enron: W...
36. Archived Article: Events
- Wednesday, October 08, 2003
Dr. Tom Dukes, dean of the Christian Brothers University School of Business, addresses the Kiwanis Club of Memphis at the groups noon meeting today in Grand Salon A at The Peabody, 149 Union Ave. Dukes will discuss new programs in the business...
37. Archived Article: This Week
- Monday, October 06, 2003
Childrens Museum holds golf fund-raiser
Childrens Museum Hosts Golf Fund-Raiser
The Childrens Museum of Memphis Golf Tournament is scheduled to begin at 11:30 a.m. at Memphis Country Club. The tournament benefits the Yes, EVERY Child...
38. Archived Article: Law Briefs
- Thursday, February 20, 2003
Bass, Berry & Sims will present a seminar called Whistle-Blowers and Financial Fraud: What do you do if it hits you
Bass, Berry & Sims will present The New World of Corporate Governance, a seminar for directors, senior executives and gene...
39. Archived Article: Law Briefs
- Thursday, December 19, 2002
Law briefs 12-19-02
A replay of the Practising Law Institute video, The New Disclosure and Corporate Governance Regime Post-Enron: What Corporate and Securities Lawyers Must Know Now, runs from 10 a.m. to 5 p.m. today in the MBA conference room, ...
40. Archived Article: Calendar
- Monday, December 16, 2002
Calendar of events Sept
Calendar of events Dec. 16-Dec. 23
Memphis Investors Group hosts its 7 p.m. meeting at Holiday Inn, 2490 Mount Moriah Road. A panel of local real estate legends will answer questions. For more information, ca...
41. Archived Article: Law Briefs
- Thursday, December 12, 2002
Ten Glankler Brown attorneys were selected by attorneys nationwide for inclusion in The Best Lawyers in America 2002-2003
Ten Glankler Brown attorneys were selected by lawyers nationwide for inclusion in The Best Lawyers in America 2002-2003. Lou...
42. Archived Article: United P2
- Tuesday, December 10, 2002
United files for bankruptcy
United Airlines files for bankruptcy
United Airlines made the largest bankruptcy filing in aviation history Monday, saying it was the only way to keep the world's No. 2 airline flying after two years of heavy loss...
43. Archived Article: Calendar
- Monday, December 09, 2002
Calendar of events Sept
Calendar of events Dec. 9-Dec. 15
Wyndham Garden Hotel, 300 N. Second St., is the site of the 15th annual Current Developments in Tennessee Employment Law seminar from 1:30 p.m. to 4:45 p.m. The seminar is pre...
44. Archived Article: Law Briefs
- Thursday, December 05, 2002
The Shelby County Democratic Partys executive committee meeting is today at 7 p
The Shelby County Democratic Partys executive committee meeting is 7 p.m. today at the International Brotherhood of Electrical Workers Union Hall, 1870 Madison Ave. T...
45. Archived Article: Andersen P2
- Wednesday, August 28, 2002
Andersen to settle Enron claims
Andersen to settle Enron claims
Andersen Worldwide SC, the umbrella organization for Andersen's global network of accounting firms, will pay $60 million in the first wave of settlements arising from its audit...
46. Archived Article: Tech Focus
- Wednesday, August 21, 2002
Six Month Progress Report
6 months later, tech world much the same
By STEVE PILGRIM
Special to The Daily News
In February, we published an article about the State of the Industry. We took a look at some of the big news facing the technol...
47. Archived Article: Law Focus
- Thursday, July 25, 2002
Whistleblower gets day in court
Whistleblower gets day in court after 8 years
By MARY DANDO
The Daily News
The Tennessee Supreme Court recently upheld the states whistleblower law sending the case back for trial in Shelby County Circuit ...
48. Archived Article: Marketplace
- Monday, July 01, 2002
Now may be a good time to start a business
Now looks to be a good time to start a business
By SUE PEASE
The Daily News
The business pages are filled with ominous news: WorldCom, Enron, Amtrak, Kmart. Slow earnings, no earnings, misstated...
49. Archived Article: Enron (lead)
- Monday, July 01, 2002
BY RICK RUSSELL
Arlington residents say no to Enron plant
By RICK RUSSELL
The Daily News
Although the town of Arlington currently has not much in the way of an industrial sector, residents have made it clear there is one company they do ...
50. Archived Article: Law Focus
- Thursday, June 27, 2002
Every Word Counts
Communications effective in company work
By PATRICIA S. EYRES
Special to The Daily News
Evidence from business records generated over years and even decades affects an increasing number of civil lawsuits. In fact, damag...
51. Archived Article: Real Focus
- Tuesday, June 04, 2002
By JENNIFER MURLEY Steady REIT dividends gaining public trust By JENNIFER MURLEY The Daily News In the old days, people bought cows for milk. They didnt care about the price of beef. As long as that cow put milk on the table everyday, no one cared a...
52. Archived Article: Law Focus
- Thursday, May 23, 2002
1200 words Improper document disposal can lead to obstruction charges By PATRICIA EYRES Special to The Daily News Document shredding. The term sends shivers down the spine of even the most scrupulous manager in todays legal environment. Open any new...
53. Archived Article: Calendar
- Monday, April 15, 2002
Calendar of events Jan Calendar of events: April 15-April 21 April 15 Mississippi Museum of Art, 201 E. Pascagoula St. in Jackson, Miss., presents Ms. Booths Garden: Photographs by Jack Kotz, a collection of photographs by Santa Fe-based photographe...
54. Archived Article: Law Briefs
- Thursday, April 11, 2002
A workshop for directors, senior executives and general counsel of public companies, sponsored by Bass Berry & Sims, is 1 p A workshop for directors, senior executives and general counsel of public companies, sponsored by Bass Berry & Sims, ...
55. Archived Article: Enron P2
- Wednesday, April 10, 2002
Enron may build Memphis plant Enron may build Memphis plant Enron Corp. will build a $100 million power plant near Memphis if the troubled energy company can work through its Chapter 11 bankruptcy, a spokesman said Monday. "We're still very early in...
56. Archived Article: Benchmark
- Thursday, January 31, 2002
Enron employees Enron employees file suit over 401(k) Hundreds of current and former employees of collapsed energy trader Enron Corp. filed a class action lawsuit in Houston seeking damages for losses they suffered by investing in the company's 401(...
57. Archived Article: Kmart P
- Monday, January 28, 2002
Kmart accounting investigated Kmart accounting investigated Kmart Corp., which filed for bankruptcy protection earlier this week, has begun an investigation after receiving an anonymous letter claiming to be from employees that expressed concern abo...
58. Archived Article: M&a P
- Thursday, January 03, 2002
Dealmakers hope for better days in 2002 Dealmakers hope for better days in 2002 Bah Humbug! Only Ebenezer Scrooge could have loved a year like this. U.S. mergers and acquisitions fell 16.4 percent off last year's pace to 8,224 transactions, the larg...
59. Archived Article: Benchmark
- Thursday, January 03, 2002
Enron Corp Enron Corp. hopes to survive bankruptcy A humbled Enron Corp. entered 2002 with hopes of emerging from bankruptcy with a viable trading business, once the source of 90 percent of its revenues. Where the once-mighty energy trader once enjo...
60. Archived Article: West Tn (bott)
- Tuesday, February 16, 1999
By LAURIE JOHNSON West Tennessee sets capital investment record in 1998 By LAURIE JOHNSON The Daily News Companies spent more than $857 million to build new plants or expand existing ones in West Tennessee during 1998 a record high for capital inves...