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Top News In Corporate Regulation Today - Breaking & Trending Today

TX Supreme Court: Law Firm Could Not Redeem Partner Shares

The firm’s governing documents did not address redemption, and after the firm terminated a shareholder’s employment, he did not agree to the founders’ proposed redemption terms. ....

United States , Walker Friedman , Jonathan Suder , Michael Cooke , Texas Supreme Court , Texas Organizations Code , Supreme Court , Corporate Regulation , Business Divorce , Professional Corporation , Edemption Of Shareholder 039s Shares , Shareholder Agreement ,

Omitting This Averment May Doom A Derivative Claim

In Re v. Weksel, 130 A.D.2d 640 1987, the Appellate Division of the New York Supreme Court applied the same language in former Section 15702a2 governing derivative suits by domestic or foreign limited partnerships to dismiss a plaintiffs' suit ....

United States , Gonzalop Curiel , Cal Corp Code , Delaware Court , California Corporations Code , Chancery Rule , Federal Rule , Civil Procedure Rule , Appellate Division , New York Supreme Court , Corporate Regulation , Erivative Suits , Derivative Action , Derivative Lawsuit , Elaware Court Of Chancery Rule 23 1 ,

Possible Clawback Rule Effectiveness Extension is Welcome Issuer Development

If approved, the amendments would give listed companies until December 1, 2023 (60 days after the effective date of the rules) to adopt a compliant Dodd-Frank clawback policy. ....

Employee Benefits , Executive Compensation , Capital Markets , Labor Amp Employment Law , Dodd Frank Clawback , Securities Amp Exchange Commission , Corporate Regulation , Nvestment Regulaions ,

Republican Questions Proposed SEC Rule Concerning ESG "Greenwashing"

This greenwashing rule, which had been proposed in late May 2022, effectively sought to combat the practice whereby funds labeled themselves as green or ESG-focused without actually complying with that description. ....

Investor Advisory Committee , Advisory Committee , Commissioner Pierce , Commissioner Peirce , Corporate Regulation , Sg Focused , Sg Greenwashing , Securities Amp Exchange Commission , Environmental Compliance ,