The Securities and Exchange Commission is seeking comment on current audit committee disclosure requirements.
Proskauer Rose LLP
We previously posted on the Southern District of New York's December 5, 2014 ruling in this matter that internal reports are not protected under Dodd-Frank, as was held in the Asadi case out of the Fifth Circuit.
On July 1, the SEC proposed rules requiring national security exchanges (such as NYSE and Nasdaq) to establish listing standards requiring publicly traded companies to adopt, comply with and disclose written clawback policies.
Yesterday, the SEC proposed the long-awaited executive compensation clawback rules under Section 954 of the Dodd Frank Act. Weighing in at over 100 pages, there is a lot to digest.
Proskauer Rose LLP
The issue arose following a failed acquisition transaction. The proposed acquirer, NAF, contracted directly with defendant Li & Fung to provide services to the target company.
Norton Rose Fulbright Canada LLP
Universal proxies allow shareholders to vote for a combination of management and dissident candidates.
Brown Smith Wallace
If you are in the market to buy an existing business, investigating it thoroughly can provide multiple benefits. Most importantly, your due diligence can help you negotiate the price.
Ice Miller LLP
You and your family have worked hard to build and sustain a viable business.
Growth in the ETP industry has led the SEC to seek public comment on a variety of topics related to the listing and trading of ETP shares.
Morrison & Foerster LLP
SEC Commissioner Daniel Gallagher, in a speech on June 25, 2015, said that a perceived trend by the SEC toward "strict liability" for chief compliance officers (CCOs) is "sending a troubling message."
As a condition to receiving federal funds, nonprofit federal grant recipients and subrecipients agree to comply with the applicable federal requirements, which include the prudent management of all expenditures.
On June 24, 2015, the governor of Delaware signed into law legislation that amends the Delaware General Corporation Law (Title 8 of the Delaware Code).
Patterson Belknap Webb & Tyler LLP
An article in the Stanford Social Innovation Review suggests that the language non-profits use to describe their operations fails to adequately and efficiently convey the complexity of their work.
Ropes & Gray LLP
A clawback would be triggered when an issuer is required to prepare a restatement to correct an error that is material to previously issued financial statements.
Kilpatrick Townsend & Stockton LLP
The practical takeaway from the Early case (and many others like it issuing regularly from Georgia's appellate courts) is the importance of auditing key existing agreements containing restrictive covenants.
Fox Rothschild LLP
While the debate rages over the fallout from the Obama Administration's decision to revise overtime rules for the first time in almost a decade and a half, other threats to the franchising model continue lurking about as well.
Foley Hoag LLP
It has been nearly a month since the deadline for companies in the United States to file their second annual conflict minerals reports with the Securities and Exchange Commission.