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Results: 1-10 of 24

SEC publishes final rule on interactive data for financial statments

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • February 18 2009

The U.S. Securities and Exchange Commission (SEC) recently published a final rule requiring companies to incorporate interactive data, using eXtensible Business Reporting Language (XBRL), into financial statements

SEC proposes amendments to facilitate rights of shareholders to nominate directors

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • May 26 2009

On May 20, the Securities and Exchange Commission proposed rule amendments "that would provide shareholders with a meaningful ability to...nominate the directors of the companies that they own."

NYSE forms "Commission on Corporate Governance"

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • September 14 2009

The New York Stock Exchange announced earlier this month that it is forming an independent advisory commission to "take a comprehensive look at strengthening U.S. best practices for corporate governance and the proxy process."

The business judgment rule after Disney

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • July 24 2007

This article outlines the current state of the business judgment rule in the U.S. and Canada, with particular attention to the recent Walt Disney litigation in Delaware over the large termination package by some accounts as high as $140 million paid to Michael Ovitz after his 14 months as company president

SEC announces expiration of exemption to SOX provision

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • October 6 2009

On October 2, the U.S. Securities and Exchange Commission (SEC) announced the upcoming expiration of the exemption from section 404 of the Sarbanes-Oxley Act currently enjoyed by public companies with a public float below $75 million

RiskMetrics publishes 2009 Postseason Report

  • Stikeman Elliott LLP
  • -
  • Canada, USA
  • -
  • October 19 2009

RiskMetrics Group has published its 2009 Postseason Report, which reviews the issues and trends of the 2009 proxy season, including proxy access, broker voting and executive compensation

Delaware court considers business judgment rule in light of current market challenges

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • March 27 2009

The Delaware Court of Chancery recently released its Opinion in the case of In re Citigroup Inc

IASB and FASB reaffirm commitment to improve IFRS

  • Stikeman Elliott LLP
  • -
  • Global, USA
  • -
  • November 10 2009

On November 5, the International Accounting Standards Board (IASB) and the U.S.Financial Accounting Standards Board (FASB) released a statement reaffirming their commitment to improving IFRS and U.S. GAAP and to bring about their convergence

U.S. Treasury Department releases proposed legislation dealing with say-on-pay and compensation committee independence

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • July 17 2009

On July 16, 2009, the U.S. Department of the Treasury released draft legislation that includes proposed amendments relating to "say-on-pay" in the form of a required non-binding shareholder vote on compensation as well as proposals relating to the authority and composition of an issuer’s compensation committee

SEC publishes proposed amendments regarding proxy disclosure and solicitation

  • Stikeman Elliott LLP
  • -
  • USA
  • -
  • July 16 2009

The U.S. Securities and Exchange Commission has now published proposed amendments to its rules in order to "improve the disclosure shareholders of public companies receive regarding compensation and corporate governance, and facilitate communications relating to voting decisions."