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The U.S. Government Accountability Office (GAO) estimated in a recent report that even if equal proportions of women and men joined boards each year beginning in 2015, it could take more ...
Based on certifications by the International Atomic Energy Agency, the United States, European Union (“EU”), and Iran declared January 16, 2016 to be “Implementation Day” under th...
The past year (2015) saw the seventh year of China’s Anti-Monopoly Law (“AML”). This note identifies several significant trends in Chinese antitrust enforcement and illustrated the...
In charging senior leaders of a failed bank with fraud, the SEC also held two outside directors responsible.
Eleven executives and board members of the bank were charged by the SEC, which...
Ceres, an environmental nonprofit organization, released this week an SEC Sustainability Disclosure Search Tool. This tool, available here, is the next step in Ceres’s campaign for incr...
The New York City Comptroller issued a press release today announcing that the New York City pension funds (the Funds) have filed 72 new proxy access shareholder proposals, though many we...
Merger agreements and other complex contracts often contain “anti-reliance” provisions reciting that the representations in the agreement are the sole representations on which the par...
A complaint to force the SEC to adopt rules requiring public companies to disclose the use of corporate funds for political activities was dismissed by the U.S. District Court for the Dis...
Until January 31 or whenever a specified limit is reached, NYSE and Nasdaq listed issuers can sign up for Glass Lewis’ data verification program, known as the Issuer Data Report (IDR) s...
A number of companies have submitted no-action letters to the SEC arguing that they have already substantially implemented the proxy access shareholder proposals that they received for th...