Our lawyers produce a wealth of substantive, timely and practical guidance and resource materials. Subscribe to receive updates based on your interests.
We were quoted in a recent Compliance Week story (subscription required) on the evolution of the ordinary business exclusion in getting the SEC staff to agree on companies’ no-action re...
The SEC staff issued a surprising CDI recently. Seems that the biographies of directors who are not standing for re-election are required to be disclosed under both Item 401(a) and Item ...
The SEC proposed yesterday to readopt the beneficial ownership rules currently in effect to preserve the status quo with respect to security-based swaps after Section 766 of the Dodd-Fran...
A proposed rule issued under Section 956 of the Dodd-Frank Wall Street Reform and Consumer Protection Act would subject financial institutions with $1 billion of assets to substantive and...
On February 16, 2011 the Third Circuit Court of Appeals affirmed a Delaware bankruptcy court’s 2009 ruling that “commercially reasonable determinants of value” for purposes of measu...
In a much-anticipated decision issued last night in Air Products v. Airgas, Chancellor Chandler declined to compel the board of directors of Airgas, Inc. to redeem the Company’s poison ...
On the eve of the shareholder vote to approve the $5.3 billion leveraged buyout of Del Monte Foods, Vice Chancellor Travis Laster of the Delaware Court of Chancery last night issued a pre...
On January 26, 2011, the SEC and the CFTC (the “Commissions”) jointly released proposed new rules under the Commodity Exchange Act and the Investment Advisers Act of 1940 (the “Advi...
The final regulations implement the conformance period during which banking entities must bring their activities, investments and relationships into compliance with the prohibitions and r...