Hensarling Pressures Senate to Negotiate Dodd-Frank Reform
Banking, Public Companies and Securities On March 14, 2018, the Senate passed the Economic Growth, Regulatory Relief and Consumer Protection Act which has been billed as Dodd-Frank reform. Some refer to it as the “Crapo bill”, which is a reference to its sponsor, Republican Michael Crapo from Idaho. Some characterize the Crapo bill as providing needed regulatory relief for smaller […] Read more →
Fintech Company Subject to SEC Enforcement Action for Exceeding Rule 701 Option Grant Limit
Employment, Executive Compensation, Litigation, Public Companies and Securities Subject to its limits, Rule 701 permits non-reporting companies to grant employees equity without registration under the Securities Act of 1933. One component of Rule 701... Read more →
Business Judgment or Entire Fairness: The Meaning of Delaware’s Interested Director Statute
M&A Cummings v. Eden et al was a case where the Delaware Court of Chancery examined allegations that members of a board of directors breached their fiduciary duties in connection with... Read more →
Court Considers Interaction between Alleged Controlling Stockholder and Corwin
M&A In Re Rouse Properties, Inc. Fiduciary Litigation considers what the Delaware Court of Chancery describes as a pattern in the post-Corwin, post-MFW world. The pattern involves... Read more →