Final Dodd-Frank Whistleblower Rules Adopted by SEC

On May 25, 2011, the SEC issued final rules governing the new whistleblower bounty program mandated by last year’s Dodd-Frank financial reform law.  Under the new rules, if a whistleblower provides information to the SEC regarding federal securities law violations that leads to a successful enforcement action against a company of $1 million or . . . → Read More: Final Dodd-Frank Whistleblower Rules Adopted by SEC

New Food Safety Whistleblower Law Impacts Food Companies

Little noticed by the general public but of intense interest to the food industry, in January 2011, President Obama signed the most sweeping food safety legislation of the past 70 years.  The FDA Food Safety Modernization Act (the “FSMA”) will require many food companies to institute new safety protocols, will result in increased FDA . . . → Read More: New Food Safety Whistleblower Law Impacts Food Companies

Obtain Better Loan Rates - Iowa Midwest Disaster Area Bonds

People often think of tax-exempt bonds as something used only by state or municipal governments or not-for-profits.  However, due to legislation designed to help Iowa (and other affected states such as portions of Wisconsin and Illinois) to recover from the 2008 floods, for-profit businesses can take advantage of a tax-exempt bond program that can . . . → Read More: Obtain Better Loan Rates – Iowa Midwest Disaster Area Bonds

Obtain Better Loan Rates - Utilize Outside Accountants

It makes intrinsic sense (and deal practitioners have long sensed) that borrowers with audited financial statements tend to get better terms in loan deals. Now, a Chicago Booth study discussed in the Wall Street Journal has shown that, on average, audited businesses pay more than half a percentage point below the interest . . . → Read More: Obtain Better Loan Rates – Utilize Outside Accountants

Public Companies - Get Rid of Those Paper Stock Certificates

Paper stock certificates, once a common symbol of ownership in a public company, have become increasingly rare, and for some companies, have recently been completely replaced with electronic book-entry shares.

Some public companies may choose to keep paper stock certificates as an option for their shareholders because some shareholders appreciate the nostalgia associated with . . . → Read More: Public Companies – Get Rid of Those Paper Stock Certificates

Non-Compete Agreements Enhance Your Company’s Value

Non-Compete Agreements –Enhance Your Company’s Value

Many companies realize the value in their confidential information and their human capital, and proactively protect those assets by having key employees (or all employees) sign some form of non-compete or confidentiality agreement as a condition to their employment.  For those that haven’t already done so, putting these . . . → Read More: Non-Compete Agreements Enhance Your Company’s Value