ISS issues 2013 corporate governance recommendations *

USA - November 20 2012
Institutional Shareholder Services (ISS) has released its 2013 updates to corporate governance policy, which include some variations from its proposed updates issued mid-October for public comment.

Co-authors: Thomas R. McGuigan, Frank M. Placenti, Daniel G. Berick, Nicholas Unkovic, Abby E. Brown.

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New Ohio Supreme Court holds that corporations have statutory duty to advance legal fees to corporate directors *

USA - July 6 2012
On July 3, 2012, the Ohio Supreme Court issued an important and long-awaited decision regarding the advancement of legal fees to corporate directors defending lawsuits brought against them.

Co-authors: Joseph P. Rodgers , Donald W. Hughes, Cipriano S. Beredo III , Pierre H. Bergeron, Joseph C. Weinstein.

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Mandatory proxy access is dead – for now – as SEC drops its legal appeal; private ordering of the proxy access issue will be the likely short-term result *

USA - September 8 2011
In July 2011, the US Court of Appeals for the District of Columbia Circuit overturned the SEC’s proxy access rule.

Co-authors: Joseph P. Richardson, Frank M. Placenti, Daniel G. Berick, Abby E. Brown.

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Key compensation provisions in Dodd-Frank Act delayed *

USA - August 12 2011
The Securities and Exchange Commission has recently revised its rulemaking schedule for the proposal and adoption of several of the rules mandated by the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Co-authors: Margaret J. Walrath , Frank M. Placenti, Laura D. Nemeth, Abby E. Brown, James J. Maiwurm.

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Directors' and officers' insurance policies should be reviewed in light of anticipated increase in whistleblowing activity instigated by the Dodd-Frank Act and the UK Bribery Act *

United Kingdom, USA - January 5 2011
The Dodd-Frank Act contains a number of controversial provisions, but perhaps none more so than mandatory payment of a substantial bounty to individuals who provide "original information" to the Securities and Exchange Commission (SEC) leading to fines in excess of US$1 million.

Co-authors: Joseph P. Richardson, Frank M. Placenti, Jane Haxby .

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