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Updates & Events

Updates & Events

Recent News and Events

Fredrikson & Byron strives to provide clients current business developments and legal updates. See the list below for our most recent updates and events.

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We are dedicated to understanding our clients, their business goals and the industry-specific legal issues they face.

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SEC Adopts Rules to Modernize and Simplify Regulation S-K

On March 20, the SEC announced that it had adopted final rules to modernize and simplify certain disclosure requirements in Regulation S-K.

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SEC Issues Guidance on Redaction of Exhibits Containing Immaterial, Competitively Harmful Information

On April 1, the SEC issued guidance to assist registrants in complying with the new rules and procedures governing the redaction of exhibits.

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SEC Issues Guidance on Board Diversity Disclosure

The SEC recently updated its compliance and disclosure interpretations (CDIs) to provide guidance on what disclosure of directors’ self-identified diversity characteristics is required under Item 401 of Regulation S-K and, with respect to director nominees, under Item 407.

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Proposed Legislation Would Mandate Board and C-Suite Diversity Disclosure

The proposed legislation would require any proxy statement relating to the election of directors to include disclosure of certain self-identified diversity characteristics of the company’s directors, director nominees and executive officers.

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Director Diversity and Other Board Matters: A Look at the Data

Two new publications by Deloitte and Ernst & Young provide useful data to assist boards in comparing their own composition, views and practices to those of other boards.

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Critiquing Stability in the Boardroom

“Corporate boards are very stable. That’s not necessarily a good thing.” So begins an article published late last year in The Wall Street Journal, discussing the findings of the 2018 U.S. Spencer Stuart Board Index.

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Fredrikson & Byron Attorneys Contribute to Turnaround Management Association’s Journal of Corporate Renewal

Ryan Murphy and Clint Cutler contributed to the April edition of the Journal of Corporate Renewal, an issue focused on the growing agricultural industry financial crisis.

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Attorney Kaleb Rumicho Appointed to Wallin EP Board of Trustees

Fredrikson & Byron attorney Kaleb E. Rumicho

Wallin Education Partners has appointed Fredrikson & Byron attorney Kaleb E. Rumicho to its Board of Trustees.

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L-1 and L-2 Renewal and Extension Petitions Refused at Select Ports in Canada

Various U.S. Customs and Border Protection ports of entry and Preclearance locations have implemented a policy of refusing to process L-1 extension petitions presented by Canadians pursuant to the North American Free Trade Agreement.

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DOL Issues Bulletin on Compliance With H-1B Posting Requirements When Using Electronic Means

A new Field Assistance Bulletin reiterates an H-1B petitioner’s obligations when using electronic means to make the required notice to all affected employees.

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