Greetings. Here are your Articles for May 2019
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Making Counsel Independent:
The Independent Counsel Act
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Authored by,
William Louis Hurlock
[1]
Managing Partner
Mueller Law
“Though this be madness, yet there is method in [i]t.”
[2]
With the legal battles currently raging in Washington, D.C. - the endless Congressional investigations (initiated by both political parties), the appointment of special prosecutor Robert Mueller by the Deputy Attorney General and the call for yet more investigations – now is the time to pass the Independent Counsel Reauthorization Act.
When signing the very last Independent Counsel Reauthorization Act of 1994 into law on July 1, 1994, President William Jefferson Clinton proclaimed the legislation
a force for government integrity and public confidence
. Shortly thereafter, the special three-judge panel of the United States Court of Appeals for the District of Columbia Circuit (“Special Division”) appointed several independent Counsel. However, after much partisan debate, Congress simply let the legislation lapse in 1999.
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The writer, an attorney now in private practice, served in various capacities on the staff of three Offices of Independent Counsel: James C. McKay, In re Attorney
General Meese; Donald C. Smaltz, In re Secretary of Agriculture Espy; and David M. Barrett, In re Housing and Urban Development Cisneros.
[2]
William Shakespeare,
Hamlet
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Valuation of Your Business Assets for Insurance Purposes
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There is no better time than right now to review your company's insurance coverage. Have you expanded or downsized since your last policy review? Do you know if your business is properly covered in case of an accident, litigation, or loss? An Insurance Appraisal can be a vital tool to a company when making insurance decisions.
Insurance is a financial protection that a business purchases to allow it to take risks while protecting all interested parties from loss. From fire to theft, natural or man-made causes, there are hundreds of ways that a business property can be damaged or destroyed. Without the proper insurance, a business may find itself in the unfortunate predicament of having to pay out-of-pocket for repairs or reconstruction while continuing mortgage payments to its lender for the now damaged property.
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Rebecca B. Fitzhugh, CPA, CFF, CFE, CIT, CIGA
Member of the Firm, Forensic Accounting/Litigation Services
Rebecca Fitzhugh is a Member of the Firm in Forensic Accounting/Litigation Services and has over eighteen years of experience in forensic accounting, litigation services, and public accounting. She has served clients in industries including government, construction, manufacturing, commercial real estate, nonprofit and retail. Ms. Fitzhugh led the 1 World Trade Center Integrity Monitoring team for the firm and also played a key role in the management of the joint venture through which the firm participated in this project. She has provided expert witness testimony and expert reports in a number of shareholder disputes and other forensic accounting matters.
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Frank Merenda, CVA, ASA, BCA, CMEA, MBA, MSChE
Managing Director, Sobel Valuations LLC
Prior to being named as the Managing Director of Sobel Valuations LLC, a wholly owned subsidiary of SobelCo, Frank L. Merenda served as the President and CEO of EAC Valuations, LLC. Beginning in May 2007, under Frank’s guidance and vision, the firm developed a well-recognized brand as a leader in the valuations community. EAC, formerly known as Enterprise Appraisal Company, provided in-depth and trusted appraisals and valuation reports since 1971, managing engagements around the world and across the street, completing nearly 14,000 appraisals for clients ranging from multi-national, multi-billion dollar Fortune 100 companies and financial institutions, to privately-held, local manufacturing and services companies.
Frank has been certified to provide machinery and equipment, inventory, intangible asset and business entity appraisals including valuation of patents, IPR&D, trade names and trademarks, and proprietary technology, both as stand-alone valuation assignments, and part of a purchase price allocation.
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SobelCo. | 973-994-9494 | SobelCoLLC.com
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