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On March 8, 2013, the Delaware Court of Chancery held that a board may not impermissibly infringe on stockholders’ ability to elect a replacement board of directors.

The U.S. Court of Appeals for the First Circuit recently decided a case of first impression regarding whether a private equity fund could be liable to a multiemployer pension fund for the withdrawal liability of a bankrupt portfolio company.

This is the scenario: you are an executive or manager at a government contractor.

Standing in stark contrast to the US Supreme Court's recent decision reversing class certification in Wal-Mart Stores, Inc. v. Dukes, is the Pennsylvania Superior Court's recent decision in another class action involving Wal-mart-Braun v. Wal-Mart Stores, Inc. In an opinion, dated June 10, 2011-a mere ten days before the Dukes decision-the Braun opinion illustrates the significantly different and more liberal standard Pennsylvania courts are applying to this Commonwealth's class certification ru

A decision this week from the Ninth Circuit Court of Appeals has further fueled the debate over whether obesity is a protected impairment under federal and state law.

Readers of Mainbrace know well that the United States has been aggressively enforcing compliance with MARPOL for decades. Often referred to as "magic pipe" cases, the U.S. Department of Justice ("DOJ")...

On December 16, 2010, the Federal Energy Regulatory Commission (the "Commission" or "FERC") issued two orders approving revised transmission planning and cost allocation proposals from the California Independent System Operator Corporation ("CAISO") and the Midwest Independent Transmission System Operator, Inc. ("MISO"), respectively.

On June 10, 2011, the Federal Energy Regulatory Commission (the "Commission" or "FERC") issued an order (the "Order") granting certain FirstEnergy Corp. utilities ("FirstEnergy") the authority to intervene in an enforcement hearing conducted by the ReliabilityFirst Corporation ("RFC").

On January 25, 2012, the North American Electric Reliability Corporation ("NERC") filed two related compliance filings, a petition seeking approval of a revised Bulk Electric System ("BES") definition in the NERC Glossary of Terms Used in Reliability Standards ("BES Petition") and a petition seeking approval of a BES Exception Request procedure ("Procedure Petition"), with the Federal Energy Regulatory Commission ("FERC").

In an effort to curb perceived abuses in valuation discounts for transfers of interests in family entities, Section 2704 of the Internal Revenue Code (the "Code") was enacted in 1990 as part of new Code Chapter 14.

On May 16, 2011, amendments to the Municipal Securities Rulemaking Board's ("MSRB") Rule G-34(c) ("Amendments") went into effect that are designed to enhance the interest rate and descriptive information available to market participants with respect to Auction Rate Securities ("ARS") and Variable Rate Demand Obligations ("VRDOs").

Under TILA, borrowers have the right to rescind certain consumer mortgage transactions for up to three days after the loan closes.

For over 18 months, the Biden Administration has discussed incorporating certain climate-change measures into the federal procurement system.

The Ministry of Industry and Information Technology has announced that foreign investors may now hold 100 percent of the equity shares in e-commerce companies located in the Shanghai Free Trade Zone.

Yesterday, the Court of Chancery rejected - at least for now - the attempt by Citigoup's shareholders to blame its Board of Directors for its massive losses and the ensuing plunge in its share price.

On February 26, 2015, Pennsylvania State Representative John Payne and several other sponsors introduced legislation that would amend the Pennsylvania Race Horse Development and Gaming Act to authorize online or "interactive" poker in the commonwealth.