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  • Article

    4th Circuit Case Alleging Misled Shareholders Offers Legal Boost For Merger-Interested Corporations

    The 4th U.S. Circuit Court of Appeals on June 1, 2023, issued a strong defense opinion in Karp v. First Connecticut Bancorp, a case involving allegations under Section 14(a)...
    United StatesCorporate/Commercial Law
    McGuireWoods LLP
    McGuireWoods LLP
  • Article

    A CFO's How-To Guide On Walking Your Board Through A 409a Allocation Of Total Equity Value

    In 2014, the IRS increased its scrutiny of stock option pricing and began an audit program for 409A deferred compensation plans.
    United StatesCorporate/Commercial Law
    Armanino
Armanino
  • Article

    A Historic First In Consumer Product Safety Act Enforcement: Corporate Criminal Penalties For Late Reporting Under Section 15

    On October 29, the status quo fundamentally changed for consumer product safety enforcement. On that date, the Department of Justice (DOJ) announced the resolution of criminal charges against...
    United StatesCorporate/Commercial Law
    Arnold & Porter
    Arnold & Porter
  • Article

    Access Denied! Court Invalidates Proxy Access Rules

    On July 22, 2011, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit vacated the proxy access rules pursuant to its ruling on the petition filed by the Business Roundtable and U.S. Chamber of Commerce (the "petitioners") for review of these rules.
    United StatesCorporate/Commercial Law
    McGuireWoods LLP
    McGuireWoods LLP
  • Article

    Adopt Forum Selection Bylaws To Reduce Litigation Tax

    A simple, non-controversial modification to your company’s bylaws could provide substantial value by reducing unnecessary legal fees and accelerating the resolution of legal disputes.
    United StatesCorporate/Commercial Law
    Hogan Lovells Cadwalader
    Hogan Lovells Cadwalader
  • Article

    Alien Tort Case Development: The U.S. Supreme Court Will Review The Question Of Corporate Liability

    On Monday, April 3, the U.S. Supreme Court granted a petition for a writ of certiorari filed by plaintiffs in Jesner v. Arab Bank, No. 16-499.
    United StatesCorporate/Commercial Law
    Foley Hoag LLP
    Foley Hoag LLP
  • Article

    "Bad Actor" Rules And The Risks Of Using Unregistered Finders To Raise Capital

    "Raising capital privately is frequently a frustrating experience for many small to mid-size businesses," Stephen Goodman wrote in a recent article for Bloomberg Law's Securities Regulation & Law Report.
    United StatesCorporate/Commercial Law
    Pryor Cashman LLP
    Pryor Cashman LLP
  • Article

    Board Adopts Chairman's Proposal On New Election Rules

    As predicted in my blog on Tuesday, a majority of the current Board (Chairman Pearce and Member Becker) adopted the Chairman's proposed changes to the rules governing elections without change.
    United StatesCorporate/Commercial Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Books And Records Action: Demand Cannot Be Expanded Mid-Litigation

    A books and records demand made under Section 220 of the Delaware General Corporation Law, must state a "proper purpose", and the categories of documents sought must be "necessary and essential" to such stated proper purpose.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    Books And Records Action Requires Strict Compliance With Statutory Requirements

    The recent decision of Barnes v. Telestone Technologies Corp., 8513-VCG highlights the importance of strictly complying with the statutory requirements in a books and records action under Section 220 of the Delaware General Corporation Law.
    United StatesCorporate/Commercial Law
    Pierson Ferdinand LLP
    Pierson Ferdinand LLP
  • Article

    C-Suite Compensation Center: Tip Of The Week: Determining The Grant Date Of Equity Awards

    Determining the "date of grant" of an equity award is important if the issuer desires accurate accounting charges and compliance with applicable tax laws.
    United StatesCorporate/Commercial Law
    Hunton Andrews Kurth LLP
    Hunton Andrews Kurth LLP
  • Article

    CA Bill AB 979 Seeks To Increase Board Diversity

    On September 30, 2020, California Governor Gavin Newsom signed into law Assembly Bill 979 (AB 979)
    United StatesCorporate/Commercial Law
    Sheppard
    Sheppard
  • Article

    California Becomes First State To Mandate Female Representation On Boards Of Directors

    on September 30, 2018, California Governor Jerry Brown signed into law a landmark bill (SB 826) requiring boards of directors of California-based public reporting corporations to have a minimum number of female directors.
    United StatesCorporate/Commercial Law
    Arnold & Porter
    Arnold & Porter
  • Article

    California Becomes First State To Require Members Of Underrepresented Communities On Boards Of Directors

    On September 30, 2020, California Governor Gavin Newsom signed into law a landmark bill (AB 979) requiring boards of directors of California-based public reporting corporations to have a minimum number of directors ...
    United StatesCorporate/Commercial Law
    Arnold & Porter
    Arnold & Porter
  • Article

    California Legislation Facilitates Approval of Interested Director Transactions by Written Consent

    Effective January 1, 2006, provisions of the California Corporations Code will be amended to enable interested directors to abstain when a board of directors approves an interested director transaction by written consent.
    United StatesCorporate/Commercial Law
    Morrison Foerster
    Morrison Foerster
  • Article

    CEO's Leave Puts Light On Governance Dilemma

    Fenwick corporate governance practice co-chair David Bell talked to Automotive News about the complexity of public companies' decisions about how much to disclose regarding a chief executive's health in the context of sick leave...
    United StatesCorporate/Commercial Law
    Fenwick
    Fenwick
  • Article

    Compliance Dates For New SEC Rules Regarding 10b5-1 Plan Disclosures

    In December 2022, the Securities and Exchange Commission (the "SEC") adopted final amendments to Rule 10b5-1 under the Securities Exchange Act of 1934 to, among other things, enhance disclosure requirements...
    United StatesCorporate/Commercial Law
    Cahill Gordon & Reindel LLP
    Cahill Gordon & Reindel LLP
  • Article

    Corporate Governance Developments At The NYSE And SEC

    The New York Stock Exchange is eliminating discretionary voting by its broker members in all director elections, whether contested or uncontested.
    United StatesCorporate/Commercial Law
    Torys
    Torys
  • Article

    Corporations May Risk Waiving Privilege Protection When Communicating With Their Own Board Members

    It seems obvious that corporations do not waive privilege protection by disclosing privileged communications to their own board members.
    United StatesCorporate/Commercial Law
    McGuireWoods LLP
    McGuireWoods LLP
  • Article

    Court Grants Starbucks Corporation's Motion To Dismiss Advocacy Group's Complaint Targeting DEI Initiatives

    A Washington federal judge dismissed challenges to Starbucks's Diversity, Equity, and Inclusion ("DEI") policies in a strongly worded opinion, making clear that politics don't belong in his courtroom.
    United StatesCorporate/Commercial Law
    Jones Day
    Jones Day
  • Showing 561–580 of 3815 results

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