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USA - May 8 2013
The Employee Retirement Income Security Act of 1974 ("ERISA") requires participant-directed retirement plans to provide participants with in-depth…
USA - February 7 2013
New listing standards for publicly traded companies require board compensation committees composed of directors that satisfy new independence…
USA - November 26 2012
In welcome news for private equity (“PE”) funds, a recent district court opinion determined that two PE funds and their bankrupt portfolio company were not a “controlled group” and thus the PE funds were not responsible for pension liabilities at the portfolio company.
USA - July 2 2012
The Supreme Court’s decision in National Federation of Independent Business v. Sibelius upholding the Patient Protection and Affordable Care Act (PPACA) leaves in place the market reforms and tax provisions that have become effective under health care reform over the last two years and gives a green light to the continued implementation of these measures.
USA - June 28 2012
In implementing Section 952 of the Dodd-Frank Wall Street Reform and Protection Act of 2010, the Securities and Exchange Commission (SEC) adopted final rules requiring national securities exchanges to adopt listing standards regarding the independence of compensation committee members, the committee’s retention of compensation advisers, the committee’s consideration of the independence of any advisers and the disclosure of any conflicts of interest of any advisers.
