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A recent California Supreme Court decision found that corporate officers and directors are not individually liable for employee wages.

On February 15, 2008, the most significant amendments in over a decade to Rule 144 under the Securities Act of 1933 will go into effect.

A new Minnesota law (H.F. No. 1758), enacted May 21, 2007, prohibits any business that accepts credit, debit or stored value cards in Minnesota from retaining certain card data after a transaction has been authorized. The law also permits the financial institutions that issue these cards to recover the costs of a security breach from businesses that retain prohibited data in violation of the law.

The final rules are consistent with the intent of Dodd-Frank, but introduce new concepts which must be understood by both issuers and investors.

In December, we alerted you to an impending change in the Federal Acquisition Regulations ("FAR") that would require many federal contractors and subcontractors to begin to use the federal government's E-Verify system to confirm the employment eligibility of new hires and any current employees working on a covered federal contract.

A New York Appellate Court recently reversed a lower court decision that had ordered a trustee to pay a surcharge of over $24 million based upon the court’s determination that the trustee should have divested the trust of a concentration of Eastman Kodak stock.

In connection with the SEC’s massive overhaul of executive compensation disclosure, the SEC also amended the Form 8-K filing requirements for current reporting of compensatory arrangements with management and directors.

Revenue & Customs Brief 33/08 (28 July 08) announced a consultation on changes to the corporate tax rules on late payment of interest between connected companies.

The Securities and Exchange Commission, by a 3-to-2 vote along party lines, today approved an important amendment to NYSE Rule 452, which governs discretionary voting by brokers of shares held in street name when beneficial owners have not instructed how such shares should be voted.

Employee misconduct is now arguably protected by Washington state’s anti-discrimination statute when it is "part and parcel" of an employee’s disability.

The U.S. Securities and Exchange Commission recently completed a review of how US domestic public companies have fared in their first year of compliance with Section 404 of the Sarbanes-Oxley Act.

In the controversial 2003 Omnicare v. NCS decision, the Delaware Supreme Court held that an agreement which fully locks up a proposed merger vote and contains no fiduciary out will be unenforceable under Delaware law.

By now, most people are likely aware of the recall of peanut products produced by Peanut Corporation of America. Even those unaware of the recall have likely been affected by it in some way.

The good news with respect to the mergers and acquisitions market is that in spite of terrible economic conditions there are still opportunities, particularly for the acquisition of 'distressed' companies.

What duties do employers have since the new smoking laws have come into effect?

The Securities and Exchange Commission's Division of Corporation Finance has released details regarding its review of filings made under the Securities Act of 1933 and the Securities Exchange Act of 1934 .

The Council on Foreign Relations commissioned a Task Force on climate change to offer suggestions for the next administration on how America can reposition itself as a leader in climate change.