Fidelity Releases New Proxy Voting Guidelines In Support of Climate Change Proposals, and U.S. Supreme Court Restricts Securities Violations Liability To Three Years and Resolves Dodd-Frank Whistleblower Circuit Court Split

by Jeanne R. Solomon and Timothy Piscatelli

 

This week’s corporate law news roundup includes discussions of Fidelity’s new proxy voting guidelines supporting climate change proposals and the U.S. Supreme Court’s decisions restricting securities violations liability to three years and resolving a circuit court split as to the Dodd-Frank whistleblower rules.

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Supreme Court Rules Five-Year Statute of Limitations Applies to SEC Disgorgement Payments, U.S. Federal Circuit Courts Split as to Copyright Registration Case Approaches, and United States Climate Alliance Emerges in Wake of Trump Decision to Exit Paris Agreement

by Jeanne R. Solomon and Timothy Piscatelli

This week’s corporate law news roundup includes discussions of the U.S. Supreme Court’s recent decision on SEC disgorgement payments for ill-gotten gains, the Eleventh Circuit’s adoption of the “registration” approach (instead of the “application” approach) to copyright registration, and the adoption by many U.S. state governors of legislation or initiatives toward direct state compliance with the Paris Agreement in the wake of the Trump administration withdrawal decision.

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The US Supreme Court definitively states where a domestic corporation resides for purposes of venue in a patent infringement case, the Delaware Supreme Court further develops the application of business judgment review in controller buyout disputes, and the SEC files charges against individuals who allegedly disclosed nonpublic information relating to Medicare reimbursement rates

by Joshua Becker 

This week’s corporate law news roundup includes discussions of the US Supreme Court’s recent decision relating to where a corporation resides for purpose of venue in patent infringement cases, as decision that may reduce the number of patent trolls; the Delaware Supreme Court’s application of business judgment review in controller buyout disputes, a decision that further strengthens the application of the management friendly standard in such cases; and the SEC’s recent charges against individuals who allegedly disclosed nonpublic information relating to government plans to cut Medicare reimbursement rates, which affected the stock prices of certain publicly traded medical providers. 

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Supreme Court Will Resolve Split Over Regulation S-K Item 303, SEC Rejects Another Proposed Bitcoin ETF Listing, and California Federal Court Grants SEC Preliminary Injunction in Connection with Fraudulent EB-5 Scheme

by Shudan Zhou and Jeanne Solomon

This week’s corporate law news roundup includes discussions of the Supreme Court’s grant of certiorari to resolve a circuit split over whether Regulation S-K Item 303 may give rise to a Section 10(b) securities fraud claim; the SEC’s rejection of a proposed bitcoin ETF listing for a second time in a one-month period; and a California federal court’s grant to the SEC of a preliminary injunction in connection with a fraudulent EB-5 scheme claim.

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Corporate News Weekly Round-Up 5/15/16: Obama Signs Defend Trade Secrets Act Into Law, Defendant-Friendly Changes New York Shareholder Suits in Going Private Transactions and Supreme Court Asked to Rule of Constitutionality of America Invents Act

skylineThis week’s Corporate news includes a new federal law governing trade secrets, new changes favoring defendant in New York Shareholder Suits involving going private transactions by controlling shareholders, and a case that may be reviewed by the Supreme Court that challenges the constitutionality of the American Invents Act.  

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Ex-wife’s 30 year wait for (eco)-windfall

Ex-wife’s 30 year wait for (eco)-windfallYou divorced 23 years ago. Your children are all grown up. You’ve worked hard and done well. Life is good. Then, out of the blue, a solicitor’s letter lands on your doormat. Your ex-wife, who you’ve not seen for years, wants a share of your hard-earned cash. Continue reading