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Ireland deemed a more convenient forum for further Madoff litigation
- Mason Hayes & Curran
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- Ireland, USA
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- October 14 2011
In July 2011 U.S. District Judge Paul C. Huck ruled in a U.S. class action suit between foreign investors and Banco Santander S.A. and several other defendants, including PwC Ireland and HSBC Securities Services (Ireland) Limited, that Ireland is a more appropriate forum for the proceedings
Recent developments for the first quarter 2011
- Baker & McKenzie
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- Australia, China, Costa Rica, France, India, Ireland, Israel, Malaysia, Mexico, Morocco, Russia, Slovakia, Spain, United Kingdom, USA
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- May 10 2011
This letter is from the Global Equity Services ("GES") group in San Francisco, Chicago and New York
Recent developments for the Third Quarter 2010
- Baker & McKenzie
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- Canada, China, Estonia, European Union, France, Ireland, Japan, Mexico, Portugal, Russia, Turkey, United Kingdom, USA, Venezuela, Vietnam
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- December 16 2010
This letter is from the Global Equity Services ("GES") group in San Francisco, Chicago and New York
SEC adopts mandatory proxy access rule for shareholder director nominations -- applicable for 2011 proxy season
- Sheppard Mullin Richter & Hampton LLP
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- Ireland, USA
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- August 27 2010
On August 25, 2010, the Securities and Exchange Commission voted 3-to-2 along party lines to adopt a controversial proxy access regime to facilitate shareholders' ability to nominate a limited number of candidates for election as directors
Ninth Circuit rejects private right of action to enforce Section 13(a) of the Investment Company Act of 1940
- Sheppard Mullin Richter & Hampton LLP
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- Ireland, USA
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- August 27 2010
In Northstar Financial Advisors, Inc v Schwab Investments, No 09-16347, 2010 WL 3169400 (9th Cir. Aug. 12, 2010), the United States Court of Appeals for the Ninth Circuit held that nothing in Section 13(a) of the Investment Company Act of 1940 (“ICA”), as originally enacted or as subsequently amended, either created a private right of action or implied that such a right exists with the clarity and specificity required under United States Supreme Court precedent
Latest Developments for Equity Compensation Plans
- Baker & McKenzie
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- Australia, Belgium, Canada, France, Greece, Ireland, Italy, Japan, Philippines, Serbia, Sweden, Switzerland, United Kingdom, USA, Vietnam
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- June 1 2010
This letter is from the Global Equity Services ("GES") group in San Francisco, Chicago and New
Money market funds moves underway in Europe and the US to clarify the product and enhance investor confidence
- Matheson
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- European Union, Ireland, USA
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- November 18 2009
The financial crisis, in addition to forcing regulators worldwide to address the perceived deficiencies of the market, has also prompted fund industry associations in Europe and the U.S. to reconsider the nature, attendant risks and investor perception of their various products
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