Practice Area Blogs & Digests

Many financial institutions already realize the importance of cyber insurance coverage, but a joint statement issued by the FFIEC last month further emphasizes the need for inclusion of cyber insurance in your risk management program.

Banks sometimes think their officers will never leave, so planning for their future departure from the bank is not always a high priority.

By J. Marc Ward

Banks face legal uncertainty as states begin to legalize the use of marijuana.  

Virtual shareholder meetings continue to rise in popularity, with 236 companies holding virtual meetings in 2017 and at least 300 expected to do so in 2018.

On April 25, shareholders of General Electric Company (GE) approved KPMG LLP as the company’s auditor for another year, but only by a margin of 65 percent “for” to 35 percent “against.” 

The SEC says it will not second-guess good faith judgments about whether, when and how public companies should disclose cybersecurity breaches, but its April 24 announcement of a $35 million settlement shows that sufficiently egregious disclosure failures will be punished. 

With the so-called universal proxy rule stalled at the SEC since its proposal in late 2016, some investors have been taking matters into their own hands.

As initial public offerings rebound, the issue of thin trading has arisen.

Recent developments in the corporate bond market are sparking regulatory attention in the U.S. and abroad. 

Federal Judge James P. Jones handed website owners, operators and developers a major win in April 2018 in dismissing the website accessibility/Americans with Disabilities Act (ADA) case brought by blind plaintiff Keith Carroll.