Our lawyers produce a wealth of substantive, timely and practical guidance and resource materials. Subscribe to receive updates based on your interests.
For most securities transactions, on September 5, 2017 the settlement cycle will shorten from three business days to two business days after the trade date, or T+2, as we discussed in a p...
A lively debate is erupting over a provision in the House-approved Financial CHOICE Act that would increase the stock ownership threshold for submitting shareholder proposals in the compa...
Mylan recently publicly protested what may be a little known ISS policy that impacts the provision of draft reports to S&P 500 companies.
CalSTRS, the New York City Comptroller’s office...
A recent speech by the SEC Chief Accountant provided guidance for audit committees on several key areas of responsibilities in new developments, and on perennial issues of auditor evaluat...
Two letters from members of the House of Representatives directed Chairman Clayton to continue his predecessor’s efforts toward requiring companies to provide more information on the di...
On June 1, 2017, the Public Company Accounting Oversight Board approved a new audit standard that will introduce changes to the content of the auditor’s report on financial statements. ...
Minority equity investments in public companies are on the rise.These are often structured as an investment in convertible preferred stock to give the investor a senior position to other ...
On June 5, 2017, the Supreme Court decided Kokesh v. SEC, and unanimously held that the five-year statute of limitations in 28 U.S.C. § 2462—which governs any “action, suit or proce...
Dear Audit Committee Member:
Yesterday, the PCAOB decided to adopt a new auditor reporting standard that includes the communication of critical audit matters (CAMs). The rules are subje...
Among the settlement terms in the proxy contest between Arconic Inc. and Elliot Management is an agreement to reincorporate to Delaware due to the corporate governance provisions in the c...