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Archive by tag: Dechert LLPReturn

Global Private Equity Newsletter - Spring/Summer 2019 Edition: French Take-Private Transactions Become More Likely Squeeze-Out

New 90% threshold to implement a squeeze-out threshold: good news for financial markets, from IPO to PtoP - Stock exchange markets are one of the traditional tools available to French companies to finance their growth and development. However, this...By: Dechert LLP
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Dechert LLP | Jul 13,2019 |

SEC Proposes Revisions to Rules Requiring BDCs to Include Financial Information of Majority-Owned or Controlled Portfolio Companies and Funds Acquired or to be Acquired in their SEC Filings

In May 2019, the SEC proposed amendments to the rules that require BDCs to include (i) certain financial information pertaining to their majority-owned or controlled portfolio companies and (ii) historical and pro forma financial information relating...By: Dechert LLP
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Dechert LLP | Jul 10,2019 |

UK Supreme Court issues important decision upholding non-compete

The UK Supreme Court has today published its long-awaited judgment in Egon Zehnder Ltd v Tillman. It held that a six month post-termination non-compete covenant was enforceable against a departing employee even though it prevented the employee from...By: Dechert LLP
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Dechert LLP | Jul 08,2019 |

Delaware Supreme Court Reverses Dismissal of Caremark Claim, Finding Lack of Board-Level Oversight and Director Independence

In Marchand v. Barnhill et al. (“Blue Bell”),1 the Delaware Supreme Court on June 19 unanimously reversed the dismissal of a shareholder derivative lawsuit against the members of the board of directors and two officers of Blue Bell Creameries USA,...By: Dechert LLP
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Dechert LLP | Jul 02,2019 |

New York Legislature Passes Profound and Sweeping Sexual Harassment Bill

The New York Legislature on June 19, 2019 unanimously passed expansive new protections for protected classes and special protections for employees who have been sexually harassed through a new bill — S.6577. According to its sponsor, Senator...By: Dechert LLP
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Dechert LLP | Jun 29,2019 |
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