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18 Mar 2024, 3:00 am by Doug Cornelius
In addition, the SEC oversees the Public Company Accounting Oversight Board (PCAOB), the Financial Industry Regulatory Authority (FINRA), the Municipal Securities Rulemaking Board (MSRB), the Securities Investor Protection Corporation (SIPC), and the Financial Accounting Standards Board (FASB). [read post]
17 Mar 2024, 9:01 pm by renholding
In October 2023, the FDIC proposed enforceable guidelines on corporate governance and risk management that would apply to all state non-member banks with $10 billion or more in assets. [read post]
17 Mar 2024, 6:18 pm
But in the worst case scenario, I fear, they would turn transnational corporations into more benign twenty-first century versions of East India companies, undermining the capacity of developing countries to generate independent and democratically controlled institutions capable of acting in the public interest – which to my mind is by far the most effective guarantor of human rights.[1]     Travaux Préparatoires, preparatory or preliminary text has a quite distinct… [read post]
15 Mar 2024, 4:00 am by Jim Sedor
  National/Federal Congressional Hearing on the Biden Classified Documents Probe Turns into a Proxy Campaign Battle Associated Press News – Zeke Miller, Colleen Long, and Farnoush Amiri | Published: 3/12/2024 Lawmakers turned a hearing on President Biden’s handling of classified documents into a proxy battle between the Democratic president and Donald Trump, as a newly released transcript of Biden’s last fall showed he repeatedly insisted he never meant to retain… [read post]
14 Mar 2024, 9:05 pm by renholding
State laws, by contrast, protect shareholders by requiring a minimum standard of director behavior and shareholder rights to information. [read post]
14 Mar 2024, 12:46 pm by Kevin LaCroix
Second, I can also foresee claimants using the Act’s various development, use, or transparency requirements, or its ethical standards, as guidelines against which to measure alleged corporate misconduct, as a way to show that AI-related corporate conduct at issue in a lawsuit are shown to have fallen below legal standards. [read post]
California’s New Laws[1] On October 7, 2023, California Governor Gavin Newsom signed into law two sweeping climate disclosure bills, Senate Bill 253 (“SB 253”), the Climate Corporate Data Accountability Act, and Senate Bill 261 (“SB 261”), the Climate-Related Risk Act. [read post]
13 Mar 2024, 9:05 pm by renholding
In contemporary form, we thus get the Delaware business judgment rule, with its now explicit distinction between the standard of conduct and the standard of review. [read post]
13 Mar 2024, 5:34 pm by INFORRM
 Given my prior experience in detecting “link rot” on the site, with other content, including judgment transcripts, being removed and archived after a number of years, I was initially inclined to assume that the website managers might be quietly removing and archiving anonymity orders. [read post]
13 Mar 2024, 12:47 pm by Steve Bainbridge
The chapter then considers the Delaware business judgment rule, with its distinction between the standard of conduct and the standard of review, and the Delaware Supreme Court’s development of a special standard of review applicable to antitakeover devices under Unocal and sales of control under Revlon. [read post]
13 Mar 2024, 12:31 pm
  (Earlier thoughts on this trend here: Standardization Through Law; Internationalization and Capacity Building of Standards; and Targeted Implementation--the Foundations of the Legalization of Mandatory Human Rights Due Diligence From a European Perspective: A Discursive Analysis of Phil Hogan's 19 May 2020 Keynote Address to the OECD Global Forum on Responsible Business Conduct)To that end, the drive to enact a CSDDD (Corporate Sustainability Due Diligence… [read post]
13 Mar 2024, 12:00 pm by Jorge Roman
The agency set a corporate average fuel economy standard based on a cost-benefit analysis that ignored carbon reduction. [read post]
12 Mar 2024, 9:01 pm by renholding
”  The agencies seek public comment on transactions involving private-equity firms, health systems, private payers, and alternative asset managers. [read post]
12 Mar 2024, 6:01 pm
Following in their footsteps, the Draft Directive on Corporate Sustainability Due Diligence (CSDDD) aims to require companies to respect human rights and environmental standards in their activities and in their value chain. [read post]
12 Mar 2024, 9:59 am by Evangelina Cantu
This “could lead” standard is not defined, but the amendments prescribe a process for appealing “could lead” determinations. [read post]
12 Mar 2024, 8:23 am by Stephen Honig
(I have no specific knowledge as to the corporate structure at Bose and the foregoing is my take-away from Ms. [read post]
12 Mar 2024, 8:03 am by Bob Ambrogi
  Proxiio says that it has a full-time team of qualified attorneys and certified project managers with decades of experience in leading the delivery of legal services for law firms and general counsel at large corporations. [read post]
12 Mar 2024, 3:36 am by Jeffrey T. Dinwoodie
[4] See id. at 15 (“[T]he Commission’s disclosure requirements . . . are designed for traditional corporate entities that typically issue and register equity and debt securities. [read post]
12 Mar 2024, 3:10 am by Heide Abelli, SageX, Inc.
And more formal tools like the Torrance Tests of Creative Thinking can be used to assess creativity in a standardized way. [read post]
11 Mar 2024, 11:09 am by Holly
The post A Lawyer’s Guide To Managing Political Risk appeared first on Business & Litigation Lawyers . [read post]