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Delaware Chancery Court addresses indemnification and advancement of legal expenses

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 26 2012

A recent opinion from the Delaware Chancery Court addresses directors' and officers' indemnification and advancement rights

Responding to California’s Transparency in Supply Chains Act

  • Holland & Knight LLP
  • -
  • USA
  • -
  • April 25 2012

Sweeping new legislation that went into effect in California earlier this year requires qualifying companies to detail and publicly disclose the nature and scope of their corporate compliance efforts to eliminate human trafficking, slavery and child labor from their global supply chains

Affiliate marketer can survive motion to dismiss on breach of contract for referrals

  • Holland & Knight LLP
  • -
  • USA
  • -
  • September 22 2014

Affiliate marketers are a considerable cog in assisting companies, including search engines and online retailers, in guiding potential customers to

Delaware court re-affirms Reves test and determines promissory notes to be "securities"

  • Holland & Knight LLP
  • -
  • USA
  • -
  • June 4 2012

On May 23, 2012, the Delaware Court of Chancery issued an opinion that analyzed whether (1) promissory notes were securities, and (2) if so, whether their issuance without preferred shareholder approval violated preferred shareholders' rights when such shareholders had consent rights over the issue of "any security."

Chief Accountant reminds lawyers that GAAP and not the ABA-auditor treaty governs loss contingency disclosure

  • Holland & Knight LLP
  • -
  • USA
  • -
  • February 28 2011

At a recent New York Bar Association conference, Wayne Carnall, Chief Accountant of the SEC's Division of Corporation Finance, warned registrants to avoid relying on the long-standing ABA-auditor "treaty" between lawyers and auditors when deciding what to report about litigation contingencies in financial statements

SEC Division of Corporation Finance issues new CDIs on a variety of topics

  • Holland & Knight LLP
  • -
  • USA
  • -
  • March 14 2011

On March 4, 2011, the SEC's Division of Corporation Finance issued new Compliance and Disclosure Interpretations (CDIs) covering a variety of matters, including one on the CD&A, two on Rule 144, two on free writing prospectuses and two on director disclosures, as well as two others

GSA to terminate small business GWACs when contractor re-represents as large due to merger or acquisition

  • Holland & Knight LLP
  • -
  • USA
  • -
  • June 6 2011

On April 19, 2011, the General Services Administration's Small Business Governmentwide Acquisition Contract (GWAC) Center emailed a document titled "Industry Partner Advisory" to the holders of three GWACs managed by the Center: 8(a) STARS, VETS and Alliant Small Business

Doing business in the United Arab Emirates

  • Holland & Knight LLP
  • -
  • United Arab Emirates
  • -
  • February 18 2010

The United Arab Emirates (UAE) is a federation of seven emirates located on the northeastern side of the Arabian Peninsula

Changes in the UAE Commercial Agency Law

  • Holland & Knight LLP
  • -
  • United Arab Emirates
  • -
  • October 14 2010

One of the areas of greatest uncertainty for foreign investors seeking to do business in the United Arab Emirates (UAE) is the commercial agency arrangement

Delaware Court of Chancery upholds forum selection provisions in board-adopted bylaws

  • Holland & Knight LLP
  • -
  • USA
  • -
  • July 16 2013

On June 25, 2013, Chancellor Strine of the Delaware Court of Chancery upheld the statutory and contractual validity of bylaws adopted by a