Release of Commonsense Principles 2.0
On October 18, a group of high profile CEOs and institutional investors released version 2.0 of the Commonsense Principles, a set of corporate governance principles for public companies, their boards and their institutional investors.
SEC Extends Filing Deadlines for Victims of Hurricane Michael, Warns Investors Against Scams
In an October 16 press release, the SEC said that companies hit by Michael will receive an extension on certain filing deadlines.
Tips for Year Two of Pay Ratio Disclosure
With the second year of pay ratio disclosures approaching, most public company counsel will likely feel that the worst is behind them now that they have a process in place and important personnel are up to speed.
The SEC is now Announcing Edgar Outages
In light of recent outages of Edgar’s filing system, this blog post from The Corporate Counsel discusses the SEC’s transparency (and historic lack thereof) with respect to such down time.
Pioneer Press Reports: First Website Accessibility ADA Lawsuits Hit Minnesota Courts
The first known website accessibility ADA case has been filed by a Minnesota plaintiff in a Minnesota court. What steps can you take to reduce your risk of getting sued?
The Southern District of Texas: The Next Big Venue in Commercial Bankruptcy?
The Southern District of Texas’s recent popularity in commercial filings, stemming from a number of factors, makes it a new contender to be one of the busiest commercial bankruptcy districts in the country.
Lessons from the Archdiocese Case
During the nearly three-year pendency of the case, the battles between the Archdiocese of St. Paul and Minneapolis and the committee representing the survivors of sexual abuse have resulted in court decisions on two subjects of broad importance in chapter 11 cases generally.
Squandered Claim? Creditor’s “Veil Piercing” Cause of Action Held to Be Receivership Property – Even After the Receivership Ended
In a new development to receivership law, the Minnesota Court of Appeals affirmed a receiver’s power to pursue a creditor’s “veil piercing” claims against insiders of the company in receivership, and blocked the creditor from pursuing those same claims after the receivership ended.
New Faces on the Minnesota Bench
Three new judges have recently joined the Minnesota federal bench, returning the District of Minnesota to full strength for the first time in more than two years.
SEC Extends Filing Deadlines for Victims of Hurricane Florence; Updated Fees for SEC Filers
In a September 19 press release the SEC indicated that companies hit by Hurricane Florence will receive an extension on certain filing deadlines.