kpmg

‘Big Four’ Accounting Firms Face New Regulatory Challenges in China

March 02, 2012 05:31

Mar. 2 – As their joint venture (JV) agreements in China approach their expiration dates, the Big Four global accounting firms had hoped that they would be allowed to extend the terms of their JVs. However, according to a variety of sources, Chinese authorities have been adamant in using the expiry...

Employer Defenses Against Class Action Rest (Again) On Individualization, As Well As Exemption

Mark Tabakman
January 13, 2012 17:10

In a recent case, a federal judge in New York has allowed a class action to proceed for thousands of employees who allege that they were misclassified as exempt by an accounting firm.  The case is entitled Pippins et al. v. KPMG LLP and was filed in the Southern District of New York.  The...

Madoff and Charities: Recent Events Evidence that Vestiges of the Hadassah Nightmare Remain - Part 2 - Installment 66

Alain Leibman
January 03, 2012 22:50

Installment 65 in this blog series was Part 1 of a review of the effects and aftermath, three years after disclosure, of Hadassah’s unfortunate decades-long involvement with Bernard Madoff (“Madoff”). Several days after our posting of Part 1, ynetnews.com published a report...

Madoff and Charities: Checking the Pulse After Three Years - Is the Hadassah Nightmare Finally Over? - Part 1 - Installment 65

Alain Leibman
December 19, 2011 14:25

Numerous Installments, including Installments 48 and 42, in this blog series about the Ponzi scheme of Bernard L. Madoff (“Madoff”) have discussed Hadassah, its unfortunate decades-long involvement with Madoff and the aftermath. The matters covered include Hadassah’s original...

The U.S. Chamber of Commerce Joins The Fight Against Preserving Hard Drives For All Potential Class Action Members

November 14, 2011 17:05

On November 7, 2011, the U.S. Chamber of Commerce (the “Chamber”) filed an amicus brief in support of the motion by KPMG LLP (“KPMG”) to set aside the Southern District of New York’s denial of its application for a protective order.  The protective order sought to...