More and more SPACs are choosing to undertake PIPE transactions in connection with their initial business combinations
Kramer Levin Naftalis & Frankel LLP
Recent events have brought renewed attention to the push for greater diversity in the boardroom. In this alert, we discuss several developments highlighting the need for public company directors...
Cadwalader, Wickersham & Taft LLP
SEC Commissioner Hester Peirce encouraged additional clarification on the potential liability faced by compliance officers in the execution of their responsibilities.
Preparations are key to a successful proxy and annual report season, and autumn is not too early to begin.
Morrison & Foerster LLP
California's Assembly Bill (AB) 979 is set to make waves both within the state and across the country as a groundbreaking new law that ...
On October 8th, Sports Ventures Acquisition Corp., a special purpose acquisition company or SPAC, filed a registration statement with the Securities and Exchange Commission, making it the...
couple of weeks ago, the SEC settled charges against Andeavor, an energy company formerly traded on the NYSE and now wholly owned by Marathon Oil
Companies should consider review of their compliance programs and procedures for addressing internal complaints or tips of potential misconduct.
The prevalence, sophistication, and severity of ransomware attacks have increased anti-money laundering risks faced by financial institutions both as targets
The Situation: California's governor recently signed into effect a new law requiring public corporations whose principal executive offices are located in California to have a certain minimum
The Situation: The term "accredited investor" under the Securities Act of 1933 ("Securities Act") is used to establish the eligibility of investors to participate in offerings conducted
The Situation: A number of shareholder derivative lawsuits in federal court have been filed seeking to hold directors and officers of major companies accountable for alleged failures
Compliance with new Regulation Best Interest ("Regulation BI") need not prevent environmental, social, and governance ("ESG") investing, but beware of new proposed restrictions for some.
The Situation: Companies facing the twin prospects of a significant Department of Justice ("DOJ") settlement and financial distress have historically had little insight into how the DOJ
The Situation: For many years, various groups have urged the Securities and Exchange Commission ("SEC" or "Commission")
The Situation: Through the expansion of sovereign wealth funds, the promotion of domestic industries and the growing commercial activity of state-owned entities, state actors are becoming increasingly
The Situation: In an effort to update the rules to improve disclosures for investors and to simplify compliance efforts for registrants, the U.S. Securities and Exchange Commission ("SEC")
The Situation: The Division of Trading and Markets (the "Division") of the U.S. Securities and Exchange Commission ("SEC") approved a proposed rule change by the New York Stock Exchange ("NYSE")
The first step is to review the relevant supply chain contracts.
Torres Law, PLLC
Industry is well aware of the final rule published on April 28, 2020 (Final Rule), by the U.S. Department of Commerce, Bureau of Industry and Security (BIS) that, among other changes, revises the...