Legal News

The Commissioner held senior leadership accountable for illegal “sign-stealing”, even though the conduct generally involved players and low-level operations employees. On 13 January 2020, the Major League Baseball Commissioner handed down...By: Latham & Watkins LLP

The MLB Commissioner held senior leadership accountable for illegal sign stealing - even though the conduct generally involved players and low-level operations employees. On January 13, 2020, Major League Baseball (MLB) Commissioner, Robert D....By: Latham & Watkins LLP

The most frequently asked question at all-hands meetings for a securities offering is “What financial statements will be needed?” The question seems simple enough. But the answer is rarely straightforward. This User’s Guide is designed to provide a...By: Latham & Watkins LLP

Tags, drags, ROFOs, and ROFRs raise a number of substantive and procedural issues for parties to joint acquisition arrangements. Tag-along rights, drag-along rights, rights of first offer (ROFOs), and rights of first refusal (ROFRs) are commonly...By: Latham & Watkins LLP

Buyout firms and portfolio companies should take note of heightened scrutiny of HR and employment practices by antitrust enforcers, both in the US and in Europe. No-poach and wage-fixing agreements — arrangements between companies seeking to agree...By: Latham & Watkins LLP

Deadlines are approaching for employers to report the year’s employee exercises of incentive stock options and employee stock purchase plan purchases. Corporations that offer incentive stock options (ISOs) or maintain a tax-qualified employee stock...By: Latham & Watkins LLP

The First Circuit reverses a lower court decision and finds two Sun Capital private equity funds are not liable for portfolio company’s pension plan liabilities under ERISA. On November 22, 2019, the United States Court of Appeals for the First...By: Latham & Watkins LLP

The number of CFIUS notices filed is growing, more cases are extending into an investigation phase, and instances of pulling and refiling CFIUS notices are increasing. On November 22, 2019, the Committee on Foreign Investment in the United States...By: Latham & Watkins LLP

A local air district is developing a rule that would require both existing and proposed warehouses to reduce trucking emissions or pay a mitigation fee. The South Coast Air Quality Management District (SCAQMD or District) is developing a so-called...By: Latham & Watkins LLP

Decision highlights the need to coordinate document production in parallel cross-border merger control proceedings. Key Points: ..Heightened CMA use and enforcement of statutory requests for information call attention to the importance of effective...By: Latham & Watkins LLP