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Results: 1-10 of 191

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

Loss duplication regulations finalized

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 1 2013

Nine years after enactment of Section 362(e)(2) and seven years after proposal of regulations, the Treasury issued final regulations, effective for

Individual members of LLC personally liable for torts committed in furtherance of the LLC’s business

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 20 2012

In the South Carolina case of 16 Jade Street, LLC v. R. Design Construction Company, the court wrestled with the scope of protection from tort liability provided to individual members of a limited liability company

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

Contractor’s officers liable for failure to complete punch list

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 20 2012

A cautionary tale about the consequences of disregarding the separateness of a corporate entity is told in the recent case of Christopher v. Sinyard out of Georgia

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

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

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

Delaware Chancery Court provides guidance for terms of top-up options

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 7 2011

In Olson v. EV3, Inc., the Delaware Chancery Court provides guidance for M&A practitioners in crafting top-up options

New Jersey stored value card update

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

Last Friday, June 29, 2012, Governor Christie signed into law Senate Bill No. 1928 (S.1928) (which is identical to Assembly Bill No. 3045), which substantially modifies the controversial New Jersey stored value card unclaimed property legislation adopted in 2010 (P.L. 2010, c. 25