United States: Corporate/Commercial Law

Recent federal court decisions on shareholder proposals reveal fundamental tensions in applying Rule 14a-8's "ordinary business" exclusion, with three cases reaching seemingly different conclusions despite using the same legal framework. These divergent outcomes expose the rule's inherent ambiguity and may accelerate the SEC's anticipated reform or rescission of the shareholder proposal regime.

Recent U.S. cartel designations are fundamentally reshaping compliance requirements for American companies with operations or investments in Mexico. Partners from Holland & Knight examine how enforcement actions targeting Mexican financial institutions and agricultural supply chains are creating new legal exposure, even for organizations with established compliance programs, and discuss what enhanced due diligence measures companies must now implement to navigate cross-border business risk.

On May 5, 2026, the Securities and Exchange Commission (SEC) proposed rule and form amendments that would give companies the option to file semiannual reports on new Form 10-S rather...