Following a year of mixed results, the luxury sector braces for further headwinds in 2024.
A Tesla stockholder sued Tesla's board of directors to rescind a performance-based stock option grant awarded to Elon Musk, Tesla's CEO. T
The ocean market is facing additional turmoil as 2023 enters the home stretch. Drone and Houthi rebel attacks have forced many shippers to bypass the Red Sea and the Suez Canal...
February 14 2024 the U.S. Securities and Exchange Commission proposed a rule that would increase the threshold for what is considered a qualifying venture capital fund from $10 million to $12 million.
The next significant phase in upstream oil and gas M&A is well underway as companies look to secure and enhance growth platforms for the next 10 to 20 years...
Schulte Roth & Zabel LLP
A Tesla move to Texas and an increase in Musk's voting rights would require board and shareholder approval, processes that would need to be strategically managed.
Parsons Behle & Latimer
On Dec. 21, 2023, the United States Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) issued a final rule describing who will have access to FinCEN's database containing...
On 29 January 2024, the Office of the Comptroller of the Currency (OCC) issued a notice of proposed rulemaking (NPR) regarding its review of Bank Merger Act (BMA) applications.
Brown Rudnick LLP
Corporate governance is a set of rules, practices, and processes designed to protect the interests of all stakeholders in a company, including shareholders, employees...
Ankura Consulting Group LLC
The new corporate alternative minimum tax (CAMT) creates incentives for large companies to allocate more value to amortizing intangible assets...
Katten Muchin Rosenman LLP
Building a business with a diversified employee base is no longer a nice to have; it's necessary, both in terms of talent retention and client retention.
California recently passed several laws requiring certain climate-related corporate disclosures, including, for example, regarding emissions and climate-related financial risk.
Winston & Strawn LLP
On January 31, 2024, the New York Stock Exchange (the NYSE or the Exchange) issued its annual Listed Company Compliance Guidance Memo for 2024.
On Feb. 6, the Securities and Exchange Commission (SEC) announced two new rules that expanded the definition of "dealer" and "government securities dealer" under the Securities Exchange Act of 1934 (Exchange Act).
Proskauer Rose LLP
Well – this took four months. The U.S. Court of Appeals for the Fifth Circuit ordered en banc rehearing of an unsuccessful challenge to the SEC's approval of the Nasdaq Stock Market's rules concerning diversity of directors ...
Proskauer Rose LLP
As described in our blog post last year, an increasing number of states across the country are seeking to regulate physician practice management ("PPM") and private equity transactions in the health care sector.
Nonprofit corporations formed in Iowa must make regular filings with the Iowa Secretary of State and the Internal Revenue Service to preserve their status as a tax-exempt corporate entity.
M&A participants can anticipate challenges and opportunities in the coming year. Skilled M&A attorneys predict elements that will inform effective M&A transactions and strategies for 2024.
As you know, the shareholder primacy theory is widely attributed to the Chicago school of economists, beginning in the 1970s, with economist Milton Friedman famously arguing that the only "social responsibility of business is to increase its profits."
On August 23, 2023, the Securities and Exchange Commission (SEC) agreed on amendments to the Investment Advisers Act of 1940 (Advisers Act) in order to enhance regulation to private fund advisers and...