Legal News

Two years after the enactment of the Tax Cuts and Jobs Act (TCJA), the most significant tax reform enacted in a generation, taxpayers continue to encounter substantial uncertainty arising from interpretations of new statutory provisions, reinforcing...By: Skadden, Arps, Slate, Meagher & Flom LLP

Investors in Japanese-listed companies have traditionally taken a passive approach to their investments, in part because Japanese business culture have long held an unfavorable view toward investors making demands or voicing strong opinions to...By: Skadden, Arps, Slate, Meagher & Flom LLP

Consistent with trends in recent years, in 2019 Delaware corporation law largely was shaped by post-closing suits for money damages against directors who had approved mergers and acquisitions. Two Delaware Supreme Court decisions — Kahn v. M & F...By: Skadden, Arps, Slate, Meagher & Flom LLP

The #MeToo Movement, now in its third year, continued its evolution from grassroots activism to legislative change in 2019, with new laws addressing discrimination and harassment emerging from state governments and resulting in significant...By: Skadden, Arps, Slate, Meagher & Flom LLP

The Conservative Party’s conclusive win in the U.K.’s recent general election paves the way for long-anticipated and decisive reforms to the country’s national security screening regime. The government first outlined its proposals for a wide-ranging...By: Skadden, Arps, Slate, Meagher & Flom LLP

The achievement of legislative consensus in 2018 around a preferred approach to safeguarding U.S. technology and information from national security threats via foreign investment resulted in passage of the Foreign Investment Risk Review Modernization...By: Skadden, Arps, Slate, Meagher & Flom LLP

As anticipated, on January 10, 2020, the Department of Justice (DOJ) and the Federal Trade Commission (FTC) (collectively, the Agencies) released Draft Vertical Merger Guidelines (Draft Guidelines), marking the first update since the Non-Horizontal...By: Skadden, Arps, Slate, Meagher & Flom LLP

Recently, the frequency of stockholder demands to inspect corporate books and records pursuant to Section 220 of the Delaware General Corporation Law has increased. In turn, the case law concerning Section 220 demands is rapidly developing. Section...By: Skadden, Arps, Slate, Meagher & Flom LLP

Antitrust enforcers in the United States and European Union (EU) remained active in 2019, and recent developments at the Department of Justice (DOJ), Federal Trade Commission (FTC), state attorneys general (AG) offices and EU agencies signal even...By: Skadden, Arps, Slate, Meagher & Flom LLP

Skadden’s Executive Compensation and Benefits Group is pleased to provide you with its 2020 Compensation Committee Handbook. This edition reflects updates in applicable law and practices, including developments in director compensation litigation;...By: Skadden, Arps, Slate, Meagher & Flom LLP