The Knowledge Group
The Knowledge Group

Linda L. Griggs, Partner, Morgan Lewis to Speak at KC’s Event on Statement 5 and 141R Loss Contingency Disclosures on 10/16/2008

New York, NY, October 09, 2008 --(PR.com)-- The Knowledge Congress, the leading producer of regulatory focused webinars announced today that Linda L. Griggs, Partner of Morgan Lewis will speak at the Knowledge Congress’ upcoming webinar entitled: “Statement 5 and 141R Loss Contingency Disclosures”. This 2-hour event is scheduled on Tuesday, October 28, 2008, at 1:00 PM - 3:00 PM ET. (For further details of the event and an updated list of panelists, please visit: http://www.knowledgecongress.org/event_2008_FASB5.html)

Recently, the Financial Accounting Standards Board has proposed a new guidance regarding the disclosure of Certain Loss Contingencies. The amendment to FAS 5 and FAS 141R would make clearer the probability and timing in cash flow issues related to loss contingencies. The new proposal would require: greater descriptions of the risks/losses and their associated factors, claim amounts, annual disclosures, descriptive reconciliation, and exceptions.

The Knowledge Congress is assembling a panel of distinguished professionals and key regulators to help understand FAS5/141R and its impact on your firm and the broader market. The speakers will present their expert opinions in a two-hour Live webinar.

About Linda L. Griggs

Linda L. Griggs is a partner in the Securities Practice. Ms. Griggs's practice focuses on securities regulatory matters, including financial reporting and accounting and other disclosure requirements under the securities laws and public and private securities offerings. Ms. Griggs also handles corporate law matters, including advising with respect to the fiduciary duties of directors and corporate governance matters.

Before joining the firm, Ms. Griggs served as chief counsel to the chief accountant of the SEC for five years. Prior to that, she worked in the Division of Corporation Finance at the SEC as a special counsel, as an attorney in the Division's rule-writing office, and as a reviewer of registration statements, proxy statements and reports filed by companies covered by federal securities laws.

Ms. Griggs is admitted to practice in the District of Columbia and Ohio.

About Morgan Lewis

Morgan Lewis is an international law firm with more than 1,400 lawyers in 22 offices located in Beijing, Boston, Brussels, Chicago, Dallas, Frankfurt, Harrisburg, Houston, Irvine, London, Los Angeles, Miami, Minneapolis, New York, Palo Alto, Paris, Philadelphia, Pittsburgh, Princeton, San Francisco, Tokyo, and Washington, D.C.

For more information about Linda L. Griggs and Morgan Lewis, please visit: http://www.morganlewis.com.

About The Knowledge Congress

The Knowledge Congress is an organization that produces webinars that examine regulatory changes across a variety of industries. “We bring together the world's leading authorities and industry participants through informative two-hour Live webinars to study the impact of changing regulations.” To contact or to register for an event, please visit: www.knowledgecongress.org.

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The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
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Therese Lumbao, Director
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