Sky Blog
From 2004 through 2010, the number of appraisal petitions filed in Delaware rose and fell roughly in parallel with the overall level of merger activity, with appraisal rights being asserted in about 5% of the transactions for which they were …
Six months after issuing regulations to implement the Volcker Rule[1] (the “Rule”), the Federal Reserve Board, the other federal bank regulators and the Securities and Exchange Commission (the “Agencies”) on June 10 issued guidance on the Rule in the form …
The following post comes to us from Wendy Gerwick Couture, Associate Professor at the University of Idaho College of Law. It is based on her recent paper entitled “The PSLRA Discovery Stay Meets Complex Litigation: Five Questions Answered,” which is …
The following post comes to us from David M. Driesen, University Professor at the Syracuse University College of Law. It is based on his article, “Legal Theory Lessons from the Financial Crisis,” which is forthcoming in the Journal …
Yesterday the Staff of the Securities and Exchange Commission’s Divisions of Investment Management and Corporation Finance issued regulatory guidance (in the form of a user-friendly Q&A) concerning the proxy voting responsibilities of investment advisers (such as fund managers), the …
On June 10, 2014, the Public Company Accounting Oversight Board (“PCAOB”) adopted a new auditing standard, as well as amendments to its existing auditing standards, designed “to strengthen auditor performance requirements in three critical areas that historically have represented increased …