Corporate Counsel | Expert Opinion
By Gary Giampetruzzi, Drew Meyer and Jon Mehta | December 8, 2023
Emerging from the COVID-19 pandemic, we are entering a world that is more digital and flexible than ever before. Companies have operationalized remote-working arrangements, and in this environment, companies will need to develop internal investigation protocols to improve their detection capabilities for fraud and illicit conduct.
By Marc L. Greenwald & Leigha Empson | November 29, 2023
Marc Greewald and Leigha Empson discuss how Congress should amend the diversity statute so that citizenship of LLCs for the purposes of diversity jurisdiction would be determined by the LLC's principal place of business and the state under whose laws it is organized, not by the citizenship of each of its members.
The Legal Intelligencer | Commentary
By Katayun I. Jaffari and Rikisha Collins | November 2, 2023
Be advised that compliance with these standards is currently voluntary globally. However, it is important for companies to be familiar with such trends in disclosure given the U.S. Securities and Exchange Commission (SEC) focus on ESG and sustainability.
Delaware Business Court Insider | News
By Ellen Bardash | November 1, 2023
Block Inc., Jack Dorsey's tech company, is being sued over its acquisition of Tidal, a music streaming service founded by Jay-Z.
By Chris O'Malley | October 24, 2023
The agency unleashed a $10 million civil fine in one recent case, and went after a private company for the first time in another.
New York Law Journal | Analysis
By David E. Schwartz and Emily D. Safko | October 20, 2023
The U.S. Equal Employment Opportunity Commission has issued its Proposed Enforcement Guidance on Harassment in the Workplace, which includes comprehensive guidance on different types of harassment and associated liabilities. This article provides an overview of the proposed guidance.
New York Law Journal | Expert Opinion
By James J. Beha II | October 18, 2023
The U.S. Supreme Court is set to decide whether shareholders can sue for alleged failures to comply with Item 303's disclosure requirements. In 'Macquarie Infrastructure Corp. v. Moab Partners, L.P,' the court will decide whether private plaintiffs can import Item 303's broad, subjective disclosure requirements into a Rule 10b-5 private securities fraud claim. The court's resolution of this issue could have a significant effect on the scope of public companies' potential liability for alleged securities fraud.
By Jeffrey I. Lang and Colin C. Bridge | October 17, 2023
Jeffrey Lang and Colin Bridge provide an in-depth discussion of 'Ontario Provincial Council of Carpenters' Pension Trust Fund v. Walton,' where the Delaware Court of Chancery provided a cautionary lesson for corporate boards and their counsel on the risks of sharply limiting the scope of responses to shareholder demands for information.
By Brian Lee | October 3, 2023
Carol C. Villegas said she finds her work as a litigation partner in the New York office of Labaton Sucharow personally satisfying, since she often…
By Brian Lee | September 27, 2023
A proposal backed by Democrats would disclose LLC owners to the state and create a first-in-the-nation public ownership database.
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