The SEC held an open meeting on May 9th to discuss whether to propose long-awaited modifications to filer definitions applicable to accelerated filers and large accelerated filers....
Yesterday, Washington’s Governor, Jay Inslee signed HB1450 [PDF] which targets the use of restrictive covenants in the State of Washington (the “Non-Compete Act”). The signing of the Non-Compete Act follows the recent settlement on March 18, 2019 of...
Smith v. Promontory Financial Group, LLC, C.A. No. 11255-VCG (Del. Ch. April 30, 2019). In the limited liability company context, LLC agreements sometimes provide for a buyout of a member deciding to withdraw its investment. Coming in many forms,...
On May 6, 2019, the Ohio EPA Division of Environmental Response and Revitalization issued an early stakeholder outreach public notice, through which it seeks stakeholder input on Ohio EPA’s intent to incorporate recent federal rulemakings on...
On April 30, 2019, Brian A. Benczkowski, the assistant attorney general for the Criminal Division of the United States Department of Justice, announced the release of an updated version of the Criminal Division’s guidance for the Evaluation of...
Cartels are by their nature hard to uncover and regulators rely – to a large part – on appealing to companies’ wallets. Immunity and leniency policies, by which regulators offer to whistleblowing companies full immunity or discounts from fines, have...
First Post in a Two-Part Series - Recent actions in the crypto realm demonstrate that authorities and regulators have not slackened their commitment to applying and enforcing Anti-Money Laundering (“AML”) laws and regulations in the crypto...
On May 6, 2019, the Board of Governors of the Federal Reserve System (the Board) published its annual Financial Stability Report.... By: Kramer Levin Naftalis & Frankel LLP
Once typically excluded from the mergers and acquisitions (“M&A”) due diligence checklist, cybersecurity has bubbled up as incidents of data breaches in recent years have rippled through the business world, exposing vulnerabilities in information...
The Federal Energy Regulatory Commission (FERC) recently thwarted an effort by PJM Interconnection LLC to limit the ability of its Independent Market Monitor (IMM) to file complaints against PJM. The Commission ruled that the explicit authority of...
