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Results: 1-10 of 191

SEC approves PCAOB’s new related party auditing standard and other related amendments

  • Alston & Bird LLP
  • -
  • USA
  • -
  • November 11 2014

On October 21, 2014, the Securities and Exchange Commission (SEC) approved the rules proposed earlier this year by the Public Company Accounting

Cybersecurity: what directors need to know in an era of increased scrutiny

  • Alston & Bird LLP
  • -
  • USA
  • -
  • August 6 2014

"Boards that choose to ignore, or minimize, the importance of cybersecurity responsibility do so at their own peril." SEC Commissioner Luis A

Sixth Circuit locks the door on ERISA class action in Taylor v. Keycorp

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 6 2012

On May 25, 2012, the United States Court of Appeals for the Sixth Circuit affirmed the dismissal of a class representative’s putative ERISA class action against KeyCorp and related defendants because the proffered “class representative” could not demonstrate that she suffered any actual injury from the alleged breach of fiduciary duty and, therefore, lacked standing

Delaware Supreme Court holds that directors may not use equitable standing to pursue derivative actions

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 22 2008

A recent decision by the Delaware Supreme Court Schoon v. Smith, No. 554, 2008 Del. LEXIS 67 (Feb. 12, 2008) further reinforced a principle well entrenched in Delaware jurisprudence namely, that an individual who is a member of the board of directors cannot initiate a derivative suit on behalf of the corporation unless he or she complies with Section 327 of the Delaware General Corporation Law

California Transparency in Supply Chains Act of 2010

  • Alston & Bird LLP
  • -
  • USA
  • -
  • August 24 2011

When the California Transparency in Supply Chains Act of 2010 goes into effect on January 1, 2012, it will bring increased disclosure requirements to large companies doing business in California

Senate passes Dodd-Frank Wall Street Reform and Consumer Protection Act; provisions affect executive compensation and corporate governance

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 15 2010

On July 15, 2010, final Congressional approval of the Dodd-Frank Wall Street Reform and Consumer Protection Act occurred, when the Senate passed the bill by a vote of 60 to 39

Product sellers into California market will have new requirements to disclose their efforts to eradicate slavery and human trafficking in their global supply chain

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 1 2010

Commencing on January 1, 2012, retail sellers and manufacturers selling goods in the State of California will have new obligations to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains for tangible goods offered for sale

Delaware’s unclaimed property saga continues

  • Alston & Bird LLP
  • -
  • USA
  • -
  • July 2 2012

Two significant unclaimed property developments have recently come out of Delaware: (1) the passage of Delaware Senate Bill No. 258 (S.258) and (2) the settlement of the Staples litigation

Increased risks to disclosure of proprietary information and trade secrets presented by new California environmental legislation

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 18 2010

Product design and manufacture used to be functions that a company could conduct internally, and in so doing, protect valuable proprietary processes and trade secret information from public disclosure

Misdemeanor prosecutions under park: the stakes just got higher

  • Alston & Bird LLP
  • -
  • USA
  • -
  • December 12 2012

On November 29, 2012, the D.C. Court of Appeals issued Friedman v. Sebelius, No. 11-5028, Doc. No. 1407354 (D.C. Cir. Nov. 29, 2012), the latest decision in a line of “responsible corporate officer” or “Park Doctrine” strict criminal liability cases