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Winston & Strawn LLP

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FASB Issues Helpful Guidance on Accounting for Equity-Based Compensation

USA - June 12 2017 In May 2017, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update No. 2017-09, Stock Compensation, Topic 718, Scope of

Antitrust and Competition - The EU Weekly Briefing (12 June 2017)

Croatia, European Union, Italy, United Kingdom - June 12 2017 On 6 June 2017, the European Commission (Commission) opened a formal investigation into the distribution agreements and practices of clothing

NYC Mayor Signs New York City’s “Fair Work Week” Legislation

USA - June 8 2017 On May 30, 2017, New York City Mayor Bill de Blasio signed a legislative package of five bills, commonly referred to as the “Fair Work Week”

Administrative, Court & Other Decisions - May 2017

USA - June 6 2017 The U.S. Court of Appeals for the D.C. Circuit affirmed an NLRB decision that two Las Vegas airport restaurant workers did not suffer arbitrary

Financial Services Update, Vol. 12, Issue 23

United Kingdom, USA - June 12 2017 On June 5th, the SEC charged a Utah-based brokerage firm with thousands of violations of Section 17(a) of the Securities Exchange Act of 1934 and

Worker Safety Agencies Largely Unaffected Under Proposed Budget Plan

USA - June 16 2017 President Trump’s FY 2018 budget proposal proffers a $2.4 billion, or 19.8 percent, cut to the Department of Labor’s annual budget, but the budgets

SCOTUS Rules in Favor of Church-Affiliated Hospitals in “Church Plan” Dispute

USA - June 16 2017 On June 5, 2017, the U.S. Supreme Court (Court) in an 8-0 decision held that a plan maintained by a principal-purpose organization (i.e., a

Brands Containing “Geographic Terms” May be at Risk In The Next gTLD Round

Global - June 16 2017 Does your or your client’s brand contain a “Term of National Significance”? If it contains a word that matches a geographic place, or feature name

U.S. Maritime Administration Requests Study of Its Role

USA - June 15 2017 The U.S. Maritime Administration (MARAD) commissioned a “Maritime Alignment Study” from the National Academy of Public Administration (NAPA) in May

Shareholder Proposals on Executive Compensation Decrease in 2017

USA - June 14 2017 Companies had seen a surge in shareholder proposals regarding executive compensation in the last few years. Indeed, we wrote about this issue as