Insider trading prosecutions can be difficult. Because of the haphazard and tortuous growth of insider trading law itself, the prosecutions involve proving lots of different pesky elements. Fiduciary duties, materiality, trading . . . . Ugh, the trading. And the materiality! So annoying! If you were a prosecutor, how liberating it would be to bring an insider trading case without worrying about those things.
On April 17, the Triad Business Journal published an article written by reporter Katie Arcieri discussing common legal pitfalls associated with exporting goods. Brooks Pierce partner Charles Baldwin utilized his expertise in international law to provide commentary on the six guidelines outlined in the article.
Brooks Pierce partner Mark Davidson was a presenter at the 75th Annual Symposium for the North Carolina Association of CPAs held at the Grandover Resort & Conference Center on November 17-19, 2014. This year's conference attendees consisted of more than 900+ partners, owners, presidents and vice presidents of finance, CEOs, directors of finance, and CPA/attorneys.
Brooks Pierce partner Charles S. Baldwin, IV, was a panel speaker for the North Carolina Foreign Trade Promotion Council’s Annual Conference, held at Cape Fear Community College on October 7 and 8, 2014.
In North Carolina, an accounting firm now owes a fiduciary duty to its audit client, both as a matter of law and as a matter of fact.
On November 4, 2014, a North Carolina appellate court held — for the first time — that an accounting firm has a fiduciary duty to its client when performing an independent audit. See Commscope Credit Union v. Butler & Burke, NO. COA14-273, 2014 N.C. App. LEXIS 1131 (N.C. App. Nov. 4, 2014).
Brooks Pierce partners Alex Elkan and Kyle Woosley provide an Environmental Law Update concerning the uncertainty about the time limit for filing a groundwater contamination claim in North Carolina.