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Tuesday, April 24, 2012
On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the “JOBS Act”). The new law is designed to help smaller companies access the capital markets by easing private capital formation and reducing certain regulatory requirements for smaller companies going public. Among other things, the JOBS Act
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Friday, April 1, 2011
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Monday, February 28, 2011
On January 25, 2011, the Securities and Exchange Commission (SEC) adopted rules implementing the shareholder advisory votes and related disclosures required pursuant to Section 951 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the "Dodd-Frank Act"). Specifically, the rules will require public companies subject to the proxy rules1to...
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Sunday, June 1, 2008
Companies should carefully review their bylaws in light of two recent rulings from the Delaware Chancery Court that narrowly interpreted the language in advance notice bylaw provisions. In JANA Master Fund, Ltd. v. CNET Networks, Inc., No. 3447 (March 13, 2008), the Delaware Chancery Court held that the advance notice provision in CNET's bylaws applied...
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Wednesday, November 1, 2006
In re Homestore.com
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Sunday, October 1, 2006
In 1994 the U.S. Supreme Court provided some comfort to attorneys, accountants, investment bankers and other corporate advisors through its holding in Central Bank of Denver , which provided that the securities laws do not allow a private right of action for aiding and abetting violations of Section 10(b) of the Securities Exchange Act of 1934.1 This...
