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SEC amends broker-dealer reporting and financial responsibility rule

USA - September 27 2013 The SEC recently amended the net capital rule, customer protection rule, and recordkeeping and reporting rules applicable to registered...

Irwin Kishner.

SEC proposes amendments to Regulation D, Form D and Rule 156

USA - September 27 2013 The SEC proposed amendments to Regulation D, Form D and Rule 156 under the Securities Act of 1933 (the "Securities Act").These proposed amendments...

Irwin Kishner.

Delaware Court of Chancery addresses bad faith claims

USA - September 27 2013 The Delaware Chancery Court recently addressed the relationship between fiduciary duties and contractual obligations. A former employee and...

Irwin Kishner.

Delaware Court of Chancery holds merger decision satisfied the entire fairness standard despite common stockholders not receiving consideration

USA - September 27 2013 In July 2005, TRADOS Inc. was acquired for $60 million. Under the company's certificate of incorporation, the acquisition constituted a liquidation...

Irwin Kishner.

Party's long delays, changes of position, and loss of appetite for deal did not constitute failure to negotiate in good faith

USA - September 27 2013 In the latest installment of the litigation between L-7 Designs and Old Navy, the Unites States District Court for the Southern District of New York...

Irwin Kishner.