On December 18, 2019, the Delaware Court of Chancery issued a 119-page post-trial memorandum opinion 1) rejecting a buyer's argument that the target company had breached representations and warranties in the parties' merger agreement which had a...By: Wilson Sonsini Goodrich & Rosati
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With the new year fast approaching, employers with Washington-based workers should ensure—if they have not already—that they are prepared to comply with legal changes substantially limiting the enforcement of non-compete agreements. As you may recall...By: Wilson Sonsini Goodrich & Rosati
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Last week, Glass Lewis & Co. (Glass Lewis) released its annual U.S. and Shareholder Initiatives proxy voting policies and guidelines for the 2020 proxy season....By: Wilson Sonsini Goodrich & Rosati
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California has once again passed pro-employee legislation, this time making it increasingly challenging for California employers to use mandatory arbitration agreements, including one containing a class waiver. Absent limited circumstances, AB 51...By: Wilson Sonsini Goodrich & Rosati
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On October 7, 2019, the Supreme Court rejected an appeal from Domino's Pizza (Domino's) concerning whether Domino's website and mobile app must comply with federal disabilities laws....By: Wilson Sonsini Goodrich & Rosati
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The U.S. Department of Labor (DOL) has recently updated and revised the regulations issued under the Fair Labor Standards Act (FLSA). These regulations govern whether employees are classified as exempt or nonexempt from the FLSA's overtime...By: Wilson Sonsini Goodrich & Rosati
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As expected, California's governor has signed off on AB 5, a law making it harder for most employers to classify workers as independent contractors. The legislation will have sweeping ramifications for California employers and affect the use of...By: Wilson Sonsini Goodrich & Rosati
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Pointing to an increasing trend of private equity firms acquiring physician staffing companies and private emergency transportation companies contracting with hospitals, a key congressional committee announced a bipartisan investigation this week...By: Wilson Sonsini Goodrich & Rosati
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On September 9, 2019, the U.S. Treasury Department (Treasury) and the Internal Revenue Service (IRS) issued proposed regulations (the Proposed Regulations) that, if finalized, would significantly change the way corporations that are acquired or...By: Wilson Sonsini Goodrich & Rosati
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Wilson Sonsini Goodrich & Rosati’s 2019 Mid-Year Technology and Life Sciences IPO Report presents analysis related to the pricing of 49 initial public offerings completed by U.S.-based technology and life sciences issuers between January 1 and June...By: Wilson Sonsini Goodrich & Rosati
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