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The Securities and Exchange Commission (SEC) has issued for comment two separate but related proposed rule amendments regarding share repurchases and 10b5-1 Plans.

The SEC removed William D. Duhnke III from the Public Company Accounting Oversight Board ("PCAOB"), and directed the Office of the Chief Accountant to solicit applications for candidates to all five of the board positions.

After Vice Chancellor Morgan Zurn's in September issued his opinion in In re Boeing Company Derivative Litigation, UCLA Professor Stephen Bainbridge declaimed that "After Boeing...

In another impactful decision, the Delaware Court of Chancery in Sjunde AP-Fonden v. Activision Blizzard Inc. again stressed the importance of the statutory text of the DGCL to dismiss...

The opioid epidemic that has gripped this country for decades has spurred more than 2,000 lawsuits and led to billions of dollars in damages. AmerisourceBergen Corporation (the "Company")...

Many portfolio companies continue to confront business disruptions as a result of the COVID-19 pandemic. Even prior to the pandemic, we were seeing an uptick in litigation claims against sponsors

The NFL draft is upon us and commentators have been talking a lot about what makes a winning team. Having a winning team, of course,

The role of the board of directors and the scrutiny it receives seemingly increase every day.

A Chinese court found pharmaceutical giant GlaxoSmithKline guilty of bribing doctors and hospitals in order to increase sales of the company’s products in China.

I am asked all the time about compensation. How much should I pay my CFO? My CEO? My… you fill in the blank.

Accordingly, now more than ever, employers should ensure that their wage and hour practices comply with the applicable laws to keep personal liability to a minimum.

Every firm has employees, as well as individuals that it has "failed" to hire, or promote, or recognize and reward to the extent that the individuals believes befitting.

Compensation committees composed of independent outside directors were created as the check-and-balance guardians against management compensation engorgement.

On June 10, the United States Treasury Department (Treasury) and the Securities and Exchange Commission (SEC) announced new rules for companies receiving funds under Treasury's Troubled Asset Relief Program (TARP) and initiatives to reform executive compensation, which reach beyond the financial sector.

On February 3, 2015, the Financial Industry Regulatory Authority issued its Report on Cybersecurity Practices.

What's new: The Delaware Supreme Court upheld the constitutionality of amendments to the DGCL under SB21, which provide procedural safe harbors for transactions involving controlling stockholders.

When a business partner files for bankruptcy, creditors often overlook valuable recovery opportunities beyond the debtor's remaining assets. Director and officer liability claims, particularly when backed by D&O insurance coverage, may provide substantial recovery paths through allegations of fiduciary breaches, fraudulent transfers, or misrepresentation of financial conditions.

When an insurance policy has a "duty to advance," rather than a "duty to defend," is it appropriate for an insurer to wait until the conclusion of a claim to advance defense costs?