Sujit Choudhry is a world authority on comparative law. He is a Faculty Director and founder of the Center for Constitutional Transitions. The center is the first global institution based in a university that mobilizes and generates research findings to support the representative development processes.
Choudhry is a member of the Board of Editors of the International Journal of Constitutional Law, the Executive Committee member of the International Society of the Public Law, the Board of Advisers for the Cambridge Studies in Constitutional Law, and the Editorial Board of the Constitutional Court Review. Besides, he is a member of the UN Mediation Roster. He has also worked as a consultant to the World Bank Institute. He has actively contributed to the constitutional development processes in Jordan, Egypt, Tunisia, Nepal, Sri Lanka and Libya.
Sujit Choudhry addresses fundamental methodological approaches to comparative constitutional legislation. The University lecturer believes that a good constitutional dispensation is a key to transition from violent conflicts to peaceful societies. The constitutional process helps to unite an ethnically divided society through the creation of democratic and inclusive systems of governance. The ideal constitutional designs facilitate the development of peaceful democratic politics, the principle and practice of decentralization, peaceful transition of power, justice and fairness and equal representation. At Berkeley Law School, he ensures that students get equitable access to the Berkeley Law Opportunity Scholarships programs, facilitate and support students to participate in public service legal representation and other important public service careers.
Choudhry champions for political, economic and social integration and accommodation. He contributed to the reforms made by the municipal government of Toronto in 2011. Choudhry has law degrees from Harvard Law School, Oxford, and Toronto. Besides, he has served as a Rhodes Scholar and has operated as a law clerk to the Chief Justice Antonio Lamer of the Supreme Court of Canada. He leads projects that address constitutional issues around the world such as territorial disputes and cleavages, authoritarianism, security sector oversight, partisan abuse, and poor consolidation of democratic policies and practices. Professor Choudhry received the Trudeau Fellowship in 2010, which is equivalent to MacArthur award in Canada.
Securities laws have changed over the years with better policies coming to help whistleblowers in their pursuit of cases of violation. Through the SEC Whistleblower Program that was established in 2010, whistleblowers are able to share vital facts about violations in different industries. There is an awesome reward system that came with the program that is meant to motivate whistleblowers further and this is part of the reasons many people have come out to share the facts they have about violations.
The SEC Whistleblower Program issued a reward recently that represents a key payout of more than $17 million. This is the second biggest reward ever issued by the body and was a success for Labaton Sucharow because it was won by their client. Since 2010 when the SEC Whistleblower Program was established, Labaton Sucharow has been working with whistleblowers to help them in presenting information before the SEC.
Through careful review and verification, Labaton Sucharow is able to tell what can pass before the SEC for a reward and this has allowed many of their clients to win high payouts after exposing violations. The law firm was the first in the country to embrace the fight against securities violations and has succeeded on many occasions.
According to the SEC, the whistleblower had shared high quality information that convinced them to offer the high payout. The details shared exposed violations that have been happening in the financial services industry involving highly influential individuals. Jonathan Thomas, a Labaton Sucharow attorney, described the case as a show of bravery and dedication in exposing the wrong doings in the financial services industry. Many people who had the information feared reporting to the SEC due to the individuals involved, but the Labaton Sucharow client proceeded undeterred and reported.
More about the SEC Whistleblower
Founded in 2010 as a result of an amendment to the Consumer Protection Act, SEC Whistleblower Program brought light into the services industry. It is ensuring that all cases of violations reported are handled within the shortest time possible and whistleblowers are rewarded accordingly for their effort.
Since the body was founded, it has managed to offer rewards amounting to more than $400 million. The anonymous reporting capabilities and the protections that whistleblowers enjoy under the new regulations are part of the reasons many people have come out with facts to report violations in different industries. Whistleblowers can also utilize the international reporting capabilities that allow them to share information from overseas locations.
In his article posted on the New Zealand Herald News website, Geoffrey Cone spoke about foreign trusts. He started by pointing out how the media has misinformed the public regarding foreign trusts. According to him, New Zealand is a country where all citizens pay tax. In the article, Cone also quoted the OECD Model Agreement on the exchange of tax information matters that was enacted in 2002. He pointed out how New Zealand was among the first countries to implement the OECD’s tax standards and how tax transparency has been demonstrated in the country. Geoff Cone is confident that his country’s government has implemented laws on how foreign trusts are handled. This includes clearly defined requirements that trustees should meet.
New Zealand’s Foreign Trust Requirements
Cone pointed out in his article that Michael Cullen introduced new rules to govern foreign trusts in 2006. One of the rules sensitized on the need for New Zealand citizens who are trustees of foreign trusts to fill and present a Foreign Trust Disclosure form to the IRD. The trustees are also required to store their financial records because they will be needed whenever they submit their tax returns. In situations where the trust involves a business venture, the trustee is mandated by the IRD to keep its accounting information and account codes.
Cone’s article also explained the reason why trustees should publish their financial and personal records in English. According to the 2011 international money laundering laws, those who fail to keep their records in English are liable to penalties. Just like other countries, in New Zealand, if you want to settle a trust, you must report the settlements to the IRD, which is the principal revenue collection agency.
About Geoffrey Cone
Cone graduated with a law degree and postgraduate diploma in both tax and trust law from the esteemed University of Otago. He has practiced commercial litigation, tax and trust laws for several years. For instance, as legal counsel, he has made several court appearances. He was a litigator based in the British West Indies where he helped clients with litigation cases for two years.
He founded Cone Marshall Limited in 1999 with an objective of offering trust management services to trustees from different parts of the world. Cone Marshall is the only law company in New Zealand that provides tax and trust planning services on an international scale. Cone Marshall Limited was also founded to build New Zealand’s tax reputation. The firm adheres to the national laws on tax and trusts.
As a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, potential whistleblowers have a lot more protection if they make the difficult decision to come forward with information about corruption in business. Some of the things that are included are greater protection for employees, as well as monetary incentives to come forward. This has led to a ton of people blowing the whistle on a wide variety of illegal activity in the business world. One of the reasons why this is so great is the fact that it has made things not only a lot safer for whistleblowers, but they actually have a financial incentive to release information. In the past, if an employee came to find out about information that was illegal, or observed corruption in business and wanted to come forward, they would generally have a very tough decision on their hands. Not only would they likely be fired from their job and ousted from their field of business, but they would literally be putting their lives and future on the line in the process.
The protection act that has paved the way for a ton of people to come forward as a whistleblower, but it is crucial to obtain a highly qualified attorney prior to doing so. Since these protections have been put in place, for the first time law offices have started focusing solely on these cases, so obtaining an SEC whistleblower attorney is critical if you want to win your case. An SEC whistleblower lawyer will be able to take your case, protect you from any repercussions from the employer and hopefully lead you to a monetary settlement. One of the best things about the SEC whistleblower program is the fact that anyone who decides to come forward and wins in court will get paid between ten and thirty percent, in most cases. When you are talking about big fraud in business, where multi-million dollar dealings are taking place, ten to thirty percent can truly be a huge number. The road has never been easier for a whistleblower, as there is a lot of money on the table and there is far less risk than in the past. The protections afforded to whistleblowers who want to come forward truly is a great thing, but in order to be successful in these cases, it is essential to go out and get a highly qualified lawyer for representation.
The Dodd-Frank Wall Street Reform and Consumer Protection Act went into effect in 2010 providing protection for people who report financial violations. It was in part written to protect and compensate whistleblowers who report information to the Security Exchange Commission, or SEC. Dodd-Frank is a financial reform that was enacted as a way to improve accountability within financial institutions. It protects taxpayers by stopping bailouts and shady financial practices. The American economy depends on stability and the Dodd-Frank Street Reform and Consumer Protection Act helps to reduce the chance of a financial crisis from occurring. For this to work, they need people to come forward with information on any improprieties that are happening within the institutions. http://www.prnewswire.com/news-releases/second-largest-sec-whistleblower-award-granted-to-labaton-sucharow-client-300282555.html
Blowing the Whistle
A whistleblower is someone who reveals information about an unethical or illegal act that is being perpetrated by an organization. The success of the Dodd-Frank Act is dependent on people coming forward and disclosing what they may have heard, seen, or witnessed. They are often the only ones who can really make a difference in preventing an economic downfall. In the past, employees who spoke up were afraid of losing their jobs, but with the new act, they are protected from retaliation.
Whistleblowers are legally protected under the law and should feel confident that they have legal representation available to them if needed. The law firm of Labaton Sucharow has dedicated their practice to protecting the rights of whistleblowers. They were the first law firm in the United States that focused on protecting whistleblowers rights. Their team of experts includes financial analysts, forensic accountants, and investigators. Jordan A. Thomas is a SEC Whistleblower attorney who brings his expertise to the firm.
Eligibility for Whistleblowers
Whistleblowers are eligible for monetary compensation and protection under the Dodd-Frank Act. One reason people hesitate to come forward with information is the fear of retaliation. Hiring a SEC whistleblower lawyer gives people the choice to remain anonymous when reporting a security violation. The SEC Whistleblower Program has proven to be successful in several instances with Labaton Sucharow law firm acting as representation for the whistleblower. It takes a strong person to stand up and speak out for the injustices in the world and they need to be protected. The Dodd-Frank Act has changed the rules for financial institutions, and Labaton Sucharow LLP is the powerhouse law firm that is ready to protect the good people who are brave enough to speak out.
A business law attorney is a lawyer or attorney that will render legal representation and advice you if you are facing a business lawsuit, or a similar legal situation. You have to go with the most reliable business lawyer or attorney to defend your interests in court. You can go for the best attorney by doing pertinent research, choosing referrals, and consulting perspective lawyers.
Lawyers, especially those with specialization in litigation have to hone and develop their interpersonal skills. The lawyer has to be competent enough that he can convince and persuade the judge and all concerned to see things his way. He must absolutely have excellent communication skills.
The Internet is a great place to find lawyers and conduct background investigation on them. Also, asking friends and relatives for recommendations is a proven way to find a good lawyer. The Bar Association can also provide you with a list of qualified lawyers in the area you are interested in.
Once you have a list of lawyers, you can begin conducting research on individual attorneys. You want to discover a lawyer with a great reputation in the community, preferably one who is well respected in the field of business and corporate defense, and who has an established history of providing top notch service to his clients.
As a skilled litigator Ricardo Tosto de Oliveira Carvalho possesses a flair of persuasiveness. He knows how to persuade an opposing counsel, judge, jury as well as his client, appropriately concerning critical issues of the case. He is a powerful litigation lawyer who possesses persuasion power, which is an essential aspect of dealing with disputes and having people, especially the decision maker for the dispute to take his client’s side in the legal conflict.
Ricardo Tosto de Oliveira Carvalho is the type of litigation lawyer that has the capability to initiate a negotiation process, to attempt to settle out of court, right before heading to trial. He is well versed in negotiating properly so as to obtain an outstanding deal or outcome for his client.
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