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Proskauer Rose LLP | USA | 10 Jul 2020

SEC Issues Final Rules on Registered Investment Company and Business Development Company Acquisition and Financial Statement Disclosure

The Securities and Exchange Commission (the “SEC”) recently adopted final rules (the “Final Rules”) amending Regulation S-X and related rules and…
Article

Proskauer Rose LLP | USA | 10 Jul 2020

The SEC Makes Sweeping Changes to The M&A Financial Statement and Pro Forma Requirements

On May 21, 2020, the Securities and Exchange Commission (the “SEC”) amended the financial statement and other disclosure requirements…
Article

Proskauer Rose LLP | USA | 10 Jul 2020

The SEC's New Disclosure Regime for Real Estate Acquisitions - A User's Guide for REITs

The Securities and Exchange Commission (the "SEC") recently adopted amendments to Regulation S-X and related rules and forms that will streamline and…
Article

Proskauer Rose LLP | USA | 9 Jul 2020

Update: NLRB Final Rule Governing Employee-Status of Student Workers May Issue As Soon As September 2020

As we previously reported, the NLRB published a Notice of Proposed Rulemaking (NPRM) in September 2019 regarding the employee-status of student…
Article

Proskauer Rose LLP | USA | 9 Jul 2020

Fifth Circuit: Plaintiff Not Entitled to Attorneys’ Fees For Obtaining Remand on Appeal

The Fifth Circuit concluded that an individual plaintiff was not entitled to attorneys’ fees, even though she persuaded the Fifth Circuit to vacate…
Article

Proskauer Rose LLP | USA | 9 Jul 2020

“Divane Intervention”: ERISA 401(k) Plan Investment Claims Dead On Arrival

A federal district court in Illinois recently dismissed “excessive fee” and “imprudent investment” claims against the plan fiduciaries of the…
Article

Proskauer Rose LLP | United Kingdom | 9 Jul 2020

Chancellor’s Summer Statement focuses on hospitality sector

As the UK’s lockdown is relaxed and unemployment figures are expected to continue to rise, the UK Chancellor gave his summer statement announcing…
Article

Proskauer Rose LLP | USA | 9 Jul 2020

When Will It End? - Price Gouging Restrictions Remain in Place for Uncertain Period

The pandemic has demonstrated that price gouging laws are not only written in an ambiguous manner, but are ambiguous as to whether they are in effect…
Article

Proskauer Rose LLP | USA | 8 Jul 2020

Federal Price Gouging Enforcement Update

While the majority of price gouging enforcement has occurred at the state level (see Proskauer on Price Gouging — A Coast-to-Coast Reference Guide)…
Article

Proskauer Rose LLP | USA | 8 Jul 2020

NLRB General Counsel Announces “Suggested” Protocols for Conducting Manual, In-Person Elections Amidst the COVID-19 Pandemic

After a brief delay where the NLRB suspended all representation elections from March 19 through April 6, 2020 (see here and here), NLRB Regional…
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