Tag: Craig Tzvi Gherman

The Restoring American Financial Stability Act of 2010 – Some Important Highlights

May 31, 2010 by Craig Tzvi Gherman
The U.S. Senate recently passed the Restoring American Financial Stability Act of 2010 (“RAFSA”).  The Bill contains numerous provisions that would significantly impact all U.S. public companies (regardless of size), including corporate governance and executive compensation. RAFSA is a significant piece of legislation both in scope and length (over...

The American Lawyer profiles Outside Counsel Solutions

January 26, 2010 by Outside Counsel
In an article entitled “Am Law Alums Choose Different Path at Israeli Firm” The AmLaw Daily interviewed Craig Tzvi Gherman, Dov Schwell, Michael Charish and Meira Ferziger. The article was posted by Brian Baxter on January 26, 2010 “As opposed to outsourcing firms elsewhere, OCS does not have U.S.-trained attorneys supervising local lawyers....

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

October 12, 2009 by Deborah Kandel
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...

Strike One, Strike Two, Strike 304

February 12, 2009 by Craig Tzvi Gherman
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...

Non-Compete or No Non-Compete? For Employees in California, There’s Not Much of a Question

September 1, 2008 by Craig Tzvi Gherman
In a recent decision, Edwards v. Arthur Andersen LLP, S147190 (Cal. August 7, 2008), the California Supreme Court held that employee non-compete agreements are not enforceable under California law, unless they fall within certain narrow statutory exceptions. The decision has a significant impact on employers’ current and future agreements, requiring review...