Legal News

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

This newsletter summarises four significant judicial decisions over recent months.   1. The purpose of a probation period is for the employee’s skills to be assessed. Therefore an employee’s absence would extend the probation period, unless the...By: Dechert 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

Requirement to Report - For (1) any exercise of an incentive stock option (ISO) during 2019 or (2) transfer during 2019 of a share previously purchased pursuant to a tax-qualified employee stock purchase plan (ESPP), the Internal Revenue Code...By: Orrick, Herrington & Sutcliffe LLP

Seyfarth Synopsis: On December 19, 2019, the U.S. Treasury issued final Qualified Opportunity Zone regulations (the “Final QOZ Regulations”). Subject to the commentary in the Preamble to the Final QOZ Regulations on circular cash flows and step...By: Seyfarth Shaw LLP

As we enter the 2020s, we begin the new decade with greater optimism than we had at the start of the previous one. In the U.K., December 2009 ended with negative growth; the government as the owner of the remains of Northern Rock and Bradford &...By: Skadden, Arps, Slate, Meagher & Flom LLP

M&A professionals greeted 2019 with a note of caution. Following a strong year for M&A in 2018, optimism was tempered by concerns over increased market volatility, trade disputes, rising interest rates and global political uncertainties. As it turned...By: Skadden, Arps, Slate, Meagher & Flom LLP

Private equity funds have supplied much of the capital injected into the oil and gas exploration and production sector over the last decade. These investors will typically seek to identify, acquire, operate, enhance, and ultimately exit from an...By: Shearman & Sterling LLP

On December 20, 2019, the IRS issued proposed regulations under Section 162(m) of the Internal Revenue Code....By: Pepper Hamilton LLP