Outside Counsel Solutions adds Tax Attorney Devorah Pomerantz to its Derivatives, Energy, and Tax Groups

Deborah Kandel November 18, 2009
Outside Counsel Solutions, a full-service law practice, announced today that tax attorney Devorah Pomerantz has joined the New York office.  She was previously at Paul, Weiss, Rifkind, Wharton & Garrison LLP. Devorah will be joining OCS’s Derivatives, Energy and Tax practice groups. Devorah has nearly 15 years of tax experience, having previously...

Outside Counsel Solutions advises IDT Corporation on the Spin-Off of CTM Media Holdings Inc

Deborah Kandel October 12, 2009
Outside Counsel Solutions advised IDT Corporation on the pro rata tax-free spin-off of the common stock of CTM Media Holdings, Inc. to IDT’s stockholders. IDT Corporation is a consumer-focused company operating primarily in the telecommunications and energy industries. IDT Corporation’s Class B common stock and common stock trade on the New York...

Outside Counsel Solutions Takes the Lead for AMSO – Oil Shale Making Headlines

Deborah Kandel February 12, 2009
Outside Counsel Solutions LLP attorneys represented client, IDT Corporation in its recently announced agreement to sell a 50% interest in IDT’s American Shale Oil Company (AMSO) subsidiary to an affiliate of French oil giant, Total. AMSO holds a Research, Development and Demonstration lease from the Bureau of Land Management in Western Colorado, an...

Strike One, Strike Two, Strike 304

Craig Tzvi Gherman February 12, 2009
Two recent cases seeking to recoup bonuses and profits from corporate executives under Section 304 of Sarbanes-Oxley strike out in the federal courts. Recently, two federal courts rejected claims under Section 304 of the Sarbanes-Oxley Act of 2002 (“SOX”), which provides for the forfeiture of certain bonuses and profits by CEOs and CFOs when their companies...

Terminating an Employee in the Current Economic Environment

Meira Ferziger December 18, 2008
The current economic environment has caused employers worldwide to reconsider their staffing needs.  Many companies hope that through a process of restructuring, they will achieve greater efficiency during a period of decreased demand for their products or services.  Terminating the employment of one or more individuals often appears to be a necessary...

ADA Amendments Expand the Definition of Disability

Meira Ferziger December 18, 2008
As of January 1, 2009, employers will be responsible for accommodating any employee who is “disabled” under the expanded definition of the ADA Amendments Act of 2008 (the “Amendments Act”).¹  The Amendments Act significantly expands the circumstances in which an employee is considered “disabled” and will have the effect of substantially increasing...


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