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De Brauw Blackstone Westbroek | Netherlands | 8 Apr 2011

AFM and DNB: strengthened governance and limitation of liability

The Minister of Finance has recently announced further measures to strengthen the supervision over the AFM and DNB within the "twin peaks" supervisory framework, in which both supervisors are independently entrusted with the enforcement of legislation for the financial sector.


Orrick, Herrington & Sutcliffe LLP | USA | 8 Oct 2010

Derivative claims against Ernst & Young LLP and KPMG LLP dismissed in Computer Associates Derivative Litigation

On September 29, 2010, in the Computer Associates International Derivative Litigation, Judge Thomas C. Platt of the U.S. District Court for the Eastern District of New York granted a motion to dismiss derivative claims asserted against Ernst & Young LLP ("E&Y") and KPMG LLP ("KMPG"), the former and current auditors of Computer Associates ("CA").


Sheppard Mullin Richter & Hampton LLP | USA | 2 Sep 2008

Delaware Chancery Court denies advancement claim brought by former director where subsequent by-law amendment retroactively limited advancement rights of former directors

In Schoon v. Troy Corporation, 948 A.2d 1157 (Del. Ch. 2008), the Delaware Chancery Court held that a former director is not entitled to advancement rights where a later board-approved amendment to the corporation’s by-laws cut off such rights.


Cadwalader Wickersham & Taft LLP | USA | 14 Jan 2008

Cadwalader successfully concludes cases

Cadwalader’s Litigation Department recently secured summary judgment for Pfizer and Pharmacia and a settlement for Bear, Stearns & Co. that entailed a positive result for the client.


Osler Hoskin & Harcourt LLP | USA | 30 Sep 2007

Are your qualified plans ready for 2008?

This fall is a good time to assess and plan for actions that need to be taken by year end and in 2008 to ensure U.S. qualified plan compliance.

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