Judge Stanley Sporkin was a mentor, a professional colleague and a friend. I admired Judge Sporkin, respected his commitment to integrity and valued our professional collaboration and personal friendship. Judge Stanley Sporkin died on March 23, 2020. He was 88 years old. I am compelled to write about my friend. I will miss him. Judge Sporkin’s reputation for fairness and integrity was beyond reproach. His...
The Volkov Law Group is proud to announce the addition of two talented professionals to our firm. Virginia Suveiu has joined as Of Counsel. Virginia counsels on ethics and compliance, regulatory compliance and commercial law matters. She is currently editing a handbook on Risk Management and the Law for Routledge. Virginia is a mediator and arbitrator, including for the International Chamber of Commerce, the Orange...
Judge Stanley Sporkin, a mentor, friend and professional colleague, died at age 88 on March 23, 2020. In a personal tribute to Judge Sporkin, I recount some highlights of my relationship with Judge Sporkin.
Dawn Delia, a tax practitioner, joins us today for a helpful posting on IRS tax requirements during the COVID-19 crisis. Dawn can be reached at [email protected]. Her blog is located at https://deliataxattorneys.com/tax-blog/. Postponed Tax Deadlines for 2020 in Response to the Coronavirus One of the most recent developments was the announcement from the U.S. Department of the Treasury that the deadline for filing tax returns and submitting...
Steele Webinar: Top 6 Due Diligence Best Practices Third-Party Risk Management April 16, 2020, 11 AM EST Sign Up HERE Faced with complex, global third-party networks, it’s more critical than ever for companies to have an effective strategy for evaluating and monitoring third-party risk. Without continuous monitoring and a strong anti-bribery anti-corruption (ABAC) program, companies can find themselves the target of multiple enforcement actions for...
The Justice Department and the FBI have quickly acted to focus on fraudsters and hoarders seeking to profit from the public panic in response to the pandemic. DOJ issued a memo to U.S. Attorneys prioritizing investigations and prosecutions in this area. (Here). To combat hoarding and price gouging for critical supplies, the President issued an executive order (Here) which prohibits hoarding and price gouging of...
Companies are struggling. Many have shut down. Some are surviving from a remote workforce. Some critical businesses – healthcare providers, food, pharmacies and essential services (e.g. utilities) – are continuing to operate. Employers have given large numbers of raises and have to adapt to a new marketplace with COVID-19 risks and regulatory requirements. Certain businesses are hiring large numbers of employees – Amazon, drug stores...
Congress recently enacted the Families First Coronavirus Response Act (“FFCRA”) (Copy Here), which included a number of important changes. Given the disastrous impact of the pandemic on the workplace, businesses that are still operating have to adhere to health and safety requirements. OSHA guidelines require companies to sanitize the workplace, and require employees to use protective equipment. OSHA has released guidance on COVID-19 in the...
Corporate boards and management face serious challenges in navigating the COVID-19 pandemic. In this difficult environment, companies have to be mindful to apply best practices and exercise care to fulfill their duties of loyalty and care. The challenges are complex and the risks are exponential. Corporate boards have to exercise responsible oversight by understanding the risks facing the company and the impact of the pandemic...
COVID-19 has had a devastating impact. The public health crisis has caused tragic human loss and is overwhelming the United States healthcare system. Businesses have suffered along with the public. Business face real challenges managing the crisis, their respective supply chains and employees. In the second part of a two-part series, Mike Volkov reviews important business responses and strategies for coping with the pandemic.
