May 10, 2023 A Brave New World for FPIs: How the SEC’s new rules for share buyback disclosure could portend a new future for foreign private issuers By Ethan Magid Doug Smith “This change fundamentally upends the Commission’s long-standing and bipartisan approach of largely deferring to the disclosures made by...
May 19, 2022 Data privacy accountability – a risk for M&A in Europe and beyond? By Tibor Szigetvari Robert Barton Julian Boatin Accountability deficiencies as a risk to M&A Accountability – a key principle under the General Data Protection Regulation (GDPR) – has...
Apr 05, 2022 Foreign Private Issuers and Cybersecurity Disclosure: Potential Implications of the SEC's New Proposal By Doug Smith David Ludwick Virginia Flower What has happened? The US Securities and Exchange Commission (SEC) has proposed a broader, more prescriptive disclosure regime for...
Nov 20, 2018 US securities fraud claims and unsponsored ADR programmes By Doug Smith David Livshiz Linda Martin Virginia Flower +1 more... Show less Non-US companies with unsponsored ADR programmes may be concerned about whether their liability risk has increased after the recent...
Nov 14, 2018 Xerox/Fuji: Don’t Copy This, Part 2 By Matthew Herman Peter Lyons Nathan Hembree In April, Justice Barry Ostrager of the New York Commercial Division granted a preliminary injunction motion, blocking the proposed...
Nov 07, 2018 What does Nasdaq's amended “20%” rule mean for listed companies? By Jeremy Barr The SEC recently approved changes to Nasdaq Listing Rule 5635(d), which requires that listed companies obtain shareholder approval prior...
Oct 03, 2018 Big MAC? Whopper? Or just a Nothing Burger? By Paul Humphreys Sebastian Fain Matthew Herman Peter Lyons +1 more... Show less When asked by clients to explain what constitutes a “Material Adverse Change”, M&A practitioners, after giving a brief synopsis of the...
Oct 02, 2018 Xerox/Fuji: Don’t Copy This By Marissa Yu Matthew Herman In April, a New York court temporarily blocked the proposed $6.1 billion merger between Xerox Corporation (Xerox) and Fujifilm Holdings...