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SEC Settlement Invokes Rarely Used Sarbanes-Oxley Act Provision Requiring Reimbursement of Incentive Compensation

USA - February 19 2021 On Feb. 2, 2021, the Securities and Exchange Commission (SEC) issued a cease-and-desist order settling charges against the former CEO and CFO of…

Eric H. Rosoff, Gary P.Naftalis, Paul H. Schoeman.

What’s Past Practice Is Prologue: A Recap of Recent Developments in COVID-19-Related Delaware M&A Litigation

USA - February 18 2021 Since the outset of the COVID-19 pandemic almost a year ago, numerous buyers of companies have refused to close pending transactions, invoking, among…

Alexander Gelb, Arthur H. Aufses III, Daniel Ketani, Jonathan M. Wagner.

Announcing ‘Cyber Insurance Risk Framework,’ NY DFS Joins OFAC in Discouraging Carriers From Making Ransomeware Payments

USA - February 9 2021 Ransomware threats and attacks dominated the cyber news cycle in 2020 and into 2021. With the global pandemic and the uptick in remote work and…

Arthur H. Aufses III, Austin Manes, Daniel A. Rabinowitz, Eva Tanna, Samantha V. Ettari.

Announcing ‘Cyber Insurance Risk Framework,’ NY DFS Joins OFAC in Discouraging Carriers From Making Ransomware Payments

USA - February 9 2021 Ransomware threats and attacks dominated the cyber news cycle in 2020 and into 2021. With the global pandemic and the uptick in remote work and…

Arthur H. Aufses III, Austin Manes, Daniel A. Rabinowitz, Eva Tanna, Samantha V. Ettari.

Two Additional California Courts Dismiss Securities Act Claims in Favor of Federal Forum Selection Provisions

USA - December 23 2020 As previously discussed in our Sept. 10, 2020, client alert, in Wong v. Restoration Robotics, Inc., Case No. 18-CIV-02609 (Cal. Super. Ct. Sept. 1…

Arthur H. Aufses III, Gary P.Naftalis, John P. "Sean" Coffey, Jonathan M. Wagner, Kerri Ann Law, Nolan J. Robinson.