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Results: 1-10 of 69

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

SEC Division of Corporation Finance issues new CDIs on say on pay and golden parachute compensation

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

On February 11, 2011, the SEC's Division of Corporation Finance issued new Compliance and Disclosure Interpretations (CDIs) with respect to shareholder approval of executive compensation and to golden parachute compensation

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 issues interpretive guidance on liquidity and capital resources disclosures and proposes rules addressing short-term borrowings disclosure

  • Holland & Knight LLP
  • -
  • USA
  • -
  • January 7 2011

On September 17, 2010, the SEC issued interpretive guidance on liquidity and capital resources disclosures and proposed rules regarding short-term borrowing disclosures in Management's Discussion and Analysis (the "MD&A"

Court of Chancery affirms validity of bylaw accelerating timing of annual meeting

  • Holland & Knight LLP
  • -
  • USA
  • -
  • October 25 2010

In a case of first impression, the Delaware Court of Chancery considered the validity of a shareholder proposed bylaw amendment that would cause the company's annual meetings to be held in January of each year as opposed to August when the meetings have historically been held

PCAOB issues FAQs on audit firm annual reports and makes the reports publicly available

  • Holland & Knight LLP
  • -
  • USA
  • -
  • July 12 2010

On June 18, 2010, the PCAOB issued Staff Questions and Answers regarding the requirements to file with the PCAOB Annual Reports on Form 2

SEC staff issued interpretations on change of accountants

  • Holland & Knight LLP
  • -
  • USA
  • -
  • January 24 2011

On January 14, 2011, the Division of Corporation Finance issued new CDIs regarding change of accountants

Two say-on-pay related derivative suits recently dismissed

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

Recently, two say-on-pay related derivative suits were dismissed by courts in California and Maryland

SEC proposes rules requiring disclosure of incentive-based compensation arrangements at financial institutions

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

On March 2, 2011, the SEC proposed rules that require certain financial institutions to disclose the structure of their incentive-based compensation practices and prohibit such institutions from maintaining compensation practices that encourage inappropriate risks

SEC issues new Staff Accounting Bulletin Number 114

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

On March 7, 2011, the SEC's Office of the Chief Accountant and Division of Corporate Finance jointly issued Staff Accounting Bulletin (SAB) Number 114, which revises or rescinds portions of the interpretative guidance included in the codification of the SAB Series