United States: New York Attorney General’s Proposal Furthers A Trend Toward Greater Incentives For Whistleblowing And Greater Risks For Corporations

Last week, New York Attorney General Eric Schneiderman announced his proposed “Financial Frauds Whistleblower Act,” which would provide compensation to whistleblowers who report fraud in the banking, securities, insurance, and financial services industries. Modeled after the federal Dodd-Frank whistleblower provisions, Attorney General Schneiderman’s proposal would give whistleblowers 10 to 30 percent of certain state fines that exceed $1 million. Because New York regulatory and enforcement agencies have brought enormous and far-reaching enforcement actions in […]

By | March 13th, 2015 ||

United States: Reported Compliance Problems: The Six Stages Of Corporate Grief

Last week, I had the honor of participating in a panel discussion about how health care entities deal with reported compliance concerns at the ABA’s 16th Annual Conference on Emerging Issues in Healthcare Law. The panel was made up of experienced health care attorneys with broad and long-standing health care experience: Richard Westling, current First Assistant U.S. Attorney in the Eastern District of Louisiana; Lesley Ann Skillen, an experienced relator/whistleblower attorney with Getnick & […]

By | March 13th, 2015 ||

Canada: C.D. Howe Paper: The Taxation Of Single-Employer Target Benefit Plans – Where We Are And Where We Ought To Be

Jana Steele, Ian McSweeney, Barry Gros and Karen Hall recently co-authored the C.D. Howe Paper, The Taxation of Single-Employer Target Benefit Plans – Where We Are and Where We Ought To Be.  The paper offers a blueprint of how tax rules can be changed to better accommodate single-employer target benefit plans (TBPs).

Many employers have been looking for alternatives beyond traditional pension arrangements to better manage their pension risks. TBPs are an attractive hybrid of […]

By | March 12th, 2015 ||