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Results: 1-10 of 153

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

Florida enacts a new revised Limited Liability Company Act

  • Holland & Knight LLP
  • -
  • USA
  • -
  • May 13 2013

On May 3, 2013, as the last act of the 2013 Florida Legislature, the House passed into law the new Florida Revised Limited Liability Company Act (the

Shareholder proposals: "proxy proposals by proxy" excluded in federal court

  • Holland & Knight LLP
  • -
  • USA
  • -
  • June 3 2013

A judge in the Federal District Court from the Southern District of Texas recently granted summary judgment to a company in a suit seeking

ESOPs a way to provide liquidity for minority shareholders: ESOPs can provide a closely held company with a market for its stock and resolve its shareholders’ liquidity needs

  • Holland & Knight LLP
  • -
  • USA
  • -
  • December 10 2010

Picture the following situation involving shareholders of a closely held corporation

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

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

California court ruling provides guidance on the duties created by "best efforts" clauses

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

On May 24, 2012, the California Third District Court of Appeal issued an opinion that provides guidance on the contractual duties created by so-called "best efforts" clauses

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

PCAOB issues policy statement on extraordinary cooperation in connection with board investigations

  • Holland & Knight LLP
  • -
  • USA
  • -
  • June 3 2013

On April 24, 2013, the Public Company Accounting Oversight Board (the PCAOB or Board) published a formal statement concerning the benefits that may