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Delaware Courts Continue Strict Review of Compensation Matters; Practical Advice on Decision-Making Processes

On April 27, 2022, Vice Chancellor Sam Glasscock of the Delaware Court of Chancery issued an opinion, on a motion to dismiss, addressing several important governance topics about director and officer compensation including where some members of management might constitute controlling stockholders. In this case Knight v. Miller 1  the plaintiff, a stockholder of Universal Health Services, Inc. (UHS… ....

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California Privacy Protection Agency Releases Draft CPRA Regulations - Key Takeaways

On May 27, 2022, the California Privacy Protection Agency (CPPA) released a much-anticipated first draft of some of the anticipated regulations implementing the California Privacy Rights Act (CPRA).1 The release accompanied the CPPA’s announcement of its next public meeting on June 8, 2022, where the agency will, among other agenda items, consider possible action regarding the draft regulations… ....

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Washington's Silenced No More Act Significantly Limits Scope of Employment Agreements

Companies with employees or independent contractors who work or reside in Washington State should take heed that Washington s Silenced No More Act (the act) goes into effect on June 9, 2022. The act places substantial limits on what may be included in some of the most common agreements that employers enter into with their workers. On and after June 9, 2022, employers could find that their existing… ....

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