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6 Jun 2022, 6:32 am
According to Barron’s, $400 billion was invested in U.S. mutual funds and assets that have an ESG orientation in 2021. [1] However, it remains a challenge for issuers, asset managers, regulators and other industry participants to determine whether a particular business, industry, or product promotes or is harmful to ESG considerations. [read post]
2 Jun 2022, 3:07 pm by Eugene Volokh
" Moreover, the trustees have expressly stated that, "[c]onsistent with carrying out their fiduciary responsibilities, the Trustees will not systematically exclude any investments in companies, industries, countries, or geographic areas unless required to do so by statute. [read post]
21 May 2022, 6:31 am
Executive summary Key themes of survey While ESG is a significant opportunity in the mutual fund industry, boards need moreinformation Directors recognize the benefits, but most are taking a passive approach to implementing diversity Board culture is strong, but virtual meetings are taking its toll Board members value self assessments, but recognize there are limitations (more…) [read post]
21 May 2022, 6:31 am
Executive summary Key themes of survey While ESG is a significant opportunity in the mutual fund industry, boards need moreinformation Directors recognize the benefits, but most are taking a passive approach to implementing diversity Board culture is strong, but virtual meetings are taking its toll Board members value self assessments, but recognize there are limitations (more…) [read post]
13 May 2022, 8:13 am by Edward T. Kang and Ryan T. Kirk
The plaintiff then sought leave of court to file an action in recovery on behalf of the trustee, which was granted. [read post]
There has also been a strengthening of the governance practices of superannuation trustees in response to ASIC surveillance. [read post]
6 May 2022, 11:17 pm by NWDRLF
Most courts will give you permission to convert if you have a stable income and can prove that you can fund a Chapter 13 bankruptcy. [read post]
6 May 2022, 7:30 am by Harbir Deol
Assignment is generally preferred for the transfer of fully funded loans whilst novation is preferred for partially or fully unfunded loans. [read post]
28 Feb 2022, 6:01 am
Because sustainability-related disclosures made at the fund level necessarily depend on issuer disclosure, the lack of standardized and consistent disclosures has posed significant challenges for the asset management industry. [read post]
15 Feb 2022, 9:54 am by Braverman Law Group
While the estate planning industry is constantly evolving, this process may be even more difficult for high-net-worth individuals. [read post]
24 Jan 2022, 11:03 am by Kevin LaCroix
Trustee (“EOUST”) identifying certain perceived deficiencies in the insured’s mortgage servicing practices. [read post]
20 Jan 2022, 2:01 pm by John Elwood
On Tuesday, the court denied review in just one of last week’s relists, Trustees of the New Life in Christ Church v. [read post]
29 Dec 2021, 12:00 pm by Kevin LaCroix
As long-time readers of this blog know, one of the long-range concerns in the D&O insurance industry is the possible exposures of corporate directors and officers to liability claims arising from climate change (as discussed most recently here). [read post]
24 Dec 2021, 3:00 am by Jim Sedor
Black Lawmakers Threaten to Cut Off K St Unless It Diversifies Yahoo News – Hailey Fuchs and Laura Barrón-López (Politico) | Published: 12/19/2021 Members of the Congressional Black Caucus are calling on the lobbying industry to diversify its offices in Washington, D.C. or risk losing their support. [read post]
21 Dec 2021, 6:13 am
COP26 sought to progress the goals of the Paris Agreement, which was adopted at COP21 in 2015, to limit global warming to well below 2ºC—and preferably to 1.5ºC—above pre-industrial levels. [read post]
17 Dec 2021, 2:31 pm by admin
“The scholarship funds I have received will help pave my path with education. [read post]
8 Dec 2021, 12:03 pm by John Elwood
The Fund for Protection of Investors’ Rights in Foreign States, 21-518, involves a dispute between a private entity (petitioner Alix Partners) and a Russian state investment fund. [read post]