Results 1 to 5 of 87

District Court Denies Motion to Dismiss SEC’s First ‘Shadow Trading’ Complaint

USA - January 25 2022 Judge William H. Orrick of the Northern District of California recently denied a motion to dismiss the Securities and Exchange Commission’s (SEC’s)…

Alan R. Friedman, Dani R. James, Darren LaVerne, Kerri Ann Law, Todd E. Lenson, Michael Martinez, Thomas E. Molner, Gary P.Naftalis, Aaron L. Webman

Corporate Governance 2021 Year in Review (and a First Look at 2022)

USA - January 5 2022 2021 was a busy year for corporate governance matters, with new legislation passed early in the year and new enforcement priorities emerging under the…

Jonathan M. Wagner, Alan R. Friedman, Arthur H. Aufses III, Shari Kahn Krouner, Todd E. Lenson, Thomas E. Molner, John "Luke" Pizzato, Adam C. Rogoff, Steven S. Sparling, Jeffrey H. Taub, Aaron L. Webman

SEC Proposes Changes to Share Repurchase Disclosure Rules and 10b5-1 Plans

USA - December 22 2021 The Securities and Exchange Commission (SEC) has issued for comment two separate but related proposed rule amendments regarding share repurchases and…

Nicholas Devine, Alan R. Friedman, Shari Kahn Krouner, Todd E. Lenson, George M. Silfen, Nicholas Tarnowski

Delaware Supreme Court Holds That Seller’s Changes to Operations Because of COVID-19 Breached the Ordinary Course Covenant and Relieved Buyer of Its Obligation to Close

USA - December 21 2021 On Dec. 8, 2021, the Delaware Supreme Court in AB Stable VIII LLC v. MAPS Hotels and Resorts One LLC, No. 71, 2021 (Del. Dec. 8, 2021) affirmed the…

Jonathan M. Wagner, Christopher Auguste, Alan R. Friedman, Adi Herman, Arthur H. Aufses III, Daniel Ketani, Shari Kahn Krouner, Todd E. Lenson, Thomas E. Molner

Department of Labor Proposes Regulations More Favorable to ESG-based Investment Decisions

USA - October 21 2021 On Oct. 13, 2021, the U.S. Department of Labor (DOL) proposed amendments to its regulations (the Proposed Rule) that enhance the ability of employee…

Avram J. Cahn, Alan R. Friedman, Marissa J. Holob, Todd E. Lenson, Julia A. Quigley, Steven S. Sparling