Our lawyers produce a wealth of substantive, timely and practical guidance and resource materials. Subscribe to receive updates based on your interests.
Seven companies this proxy season are offering investors with alternative management and shareholder proposals on proxy access. The two competing proposals provide different ownership thr...
On May 22, 2015, President Obama signed into law the Iran Nuclear Agreement Review Act of 2015 (INARA). INARA establishes a mechanism for Congressional review of any new agreement reached...
In New York v. Actavis PLC, No. 14-4624 (2nd Cir. May 22, 2015), the United States Court of Appeals for the Second Circuit became the first appellate court to address a pharmaceutical ind...
ISS is evaluating equity plan ballot proposals under a new “scorecard” approach this season, which we previously discussed here. Through May 12, ISS has supported 85.9% of equity plan...
SEC Rules and Regulations
SEC Proposes Rules to Modernize and Enhance Information Reported by Investment Companies and Investment Advisers
Industry Update
SEC Division of Investment Ma...
A group of nine public pension fund fiduciaries has filed a rulemaking petition with the SEC to ask for new disclosure about the gender, race and ethnicity of director nominees in proxy s...
In the first of what is promised to be a series, the PCAOB issued a communication to audit committees to highlight key areas of recurring concern in PCAOB inspections of large audit firms...
On April 30, 2015, the Delaware Court of Chancery held for the second time in three years that a decision by a board of directors or a board’s compensation committee to award equity to ...
The long-term monopoly in China’s bank card clearing market held by China UnionPay (“UnionPay”) is set to end. According to a new decision published by the State Council of the Peop...
On April 14, 2015, the U.S. Department of Labor (“DOL”) released its long-awaited re-proposed regulation redefining who is a “fiduciary” under Section 3(21) of the Employee Retire...