In its recent Merit Management decision, the Supreme Court narrowed the “securities” safe harbor for fraudulent transfer and other avoidance actions. Read about that case, and the impact it may have on how transactions are structured or on litigation strategy when a clawback action is commenced.
The choice of a chapter 11 operating trustee can provoke a fight. Follow this guide for a smooth path through the process of displacing an interim chapter 11 trustee or challenging an election.
SEC Still Encouraging Companies to Seek Relief from Unduly Burdensome Financial Reporting RequirementsCategory: Legal Update, News
Soon after he was sworn in last year, SEC Chairman Jay Clayton gave a speech in which he encouraged companies to use Rule 3-13 to request relief from unduly burdensome financial reporting requirements.
The implications of the Cyan decision are grim for public companies and their D&O insurance carriers.
U.S. and global M&A are booming, but companies cannot assume that all deals will avoid federal challenge.
With women and minorities still holding barely more than a third of public company board seats by all accounts, some institutional shareholders are withholding votes from some or all board nominees if the boards fail to meet diversity criteria.
Despite expert warnings that individual company disclosures mandated by the newly-effective pay ratio disclosure rule can be “meaningless” or “misleading,” overall data patterns can help benchmarking.
Surveys Show Many Public Companies Unprepared for Implementation of New Lease Accounting Standard as Deadline NearsCategory: Legal Update, News
In recent years, accounting and finance professionals have wrestled with the implementation of new GAAP standards in the areas of revenue recognition, leases and credit losses.
If you sell a nicotine product and strongly deny that you market to children under age 18, you probably should not make your product look exactly like a popular children’s juice box.
Alvin Zheng joined Fredrikson & Byron’s Shanghai office as a legal consultant in the China Practice, International, Mergers & Acquisitions and Corporate Governance Groups.