Corporate Update

  • New York Law Journal | Analysis

    Fifth Amendment Danger in Civil Cases

    By William F. Johnson | November 4, 2020

    In his Corporate Crime column, William F. Johnson writes: Practitioners should be aware of the risk that courts will permit an adverse inference against their client in a civil case based on another person's invocation of their right not to testify, even when the client has not invoked.

  • New York Law Journal | Analysis

    Politics and Purpose in Corporate America

    By David A. Katz and Laura A. McIntosh | October 28, 2020

    In their column on Corporate Governance, David A. Katz and Laura A. McIntosh consider how a corporation can successfully handle political pressures through a focus on corporate purpose.

  • New York Law Journal | Analysis

    'Deckard': Failure to Establish Stock Ownership Defeats S Corp Shareholder Treatment

    By David E. Kahen and Elliot Pisem | October 14, 2020

    In their Taxation column, David E. Kahen and Elliot Pisem examine how an irregularity in corporate form may invalidate an election and give rise to adverse consequences that become apparent only in the context of a tax audit years after the election was attempted.

  • New York Law Journal | Analysis

    Corporate Governance Update: The Broadening Basis for Business Judgment

    By David A. Katz and Laura A. McIntosh | September 23, 2020

    The Securities and Exchange Commission recently revised the periodic disclosure requirements of Regulation S-K, the latest installment in the SEC's ongoing effort to improve the quality of public disclosures, write Corporate Governance columnists David A. Katz and Laura A. McIntosh.

  • New York Law Journal | Analysis

    Raising the Stakes for Board Diversity

    By David A. Katz and Laura A. McIntosh | July 22, 2020

    In this Corporate Governance Update, David A. Katz and Laura A. McIntosh examine the demand for increased diversity on boards of directors.

  • New York Law Journal | Analysis

    Absent Class Members and Article III Standing

    By Joseph M. McLaughlin and Shannon K. McGovern | June 10, 2020

    A class should not be certified unless plaintiff establishes by a preponderance of the evidence that the process of distinguishing the injured claimants from the uninjured claimants will not entail highly individualized factual inquiries

  • New York Law Journal

    Series LLCs and the UCC

    By Barbara M. Goodstein | June 3, 2020

    Uncertainties in regard to the treatment of series under various legal regimes have discouraged their widespread acceptance. In an effort to advance their use, the Uniform Law Commission in 2017 promulgated a model Uniform Protected Series Act for LLCs, but questions remained. More recent strides in the form of 2019 amendments to the Delaware LLC Act and the Delaware UCC and, just this past April, a draft commentary issued by the UCC Permanent Editorial Board, may finally bring some needed clarity to this area for practitioners, as Barbara M. Goodstein discusses in this edition of her Secured Transactions column.

  • New York Law Journal | Analysis

    EESG and the COVID-19 Crisis

    By David A. Katz and Laura A. McIntosh | May 27, 2020

    In their Corporate Governance column, David A. Katz and Laura A. McIntosh write: For better or worse, the pandemic and future crises are likely to increase the extent to which the public perceives large corporations as entities that can and should bear a heavy burden of corporate social responsibility.

  • New York Law Journal | Analysis

    Principles for Bailouts: A Closer Look at the CARES Act

    By John C. Coffee Jr. | May 20, 2020

    We have now been through two rounds of the PPP, and it is time for some stock-taking. How well did it work? How could it be redesigned to be more efficient or fairer—or both? John C. Coffee Jr. explores these questions in this edition of his Corporate Securities column.

  • New York Law Journal | Analysis

    Regulators, Banks and COVID-19 Employment Guidance

    By Philip M. Berkowitz | May 13, 2020

    Federal, state, and local regulators have sought to provide guidance to financial services employers in coping with the unique circumstances of the current coronavirus lockdown, and inevitably some of this guidance focuses on employment related issues. In his Employment Issues column, Philip M. Berkowitz discusses some of the government guidance issued so far for dealing with various concerns.

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