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Soft dollars: the SEC changes the rules of the road.
August 1, 2006... Since 1976, the SEC has issued various no-action letters, releases, and reports attempting to provide interpretive guidance on the types of products and services that fall within the scope of the Section 28(e) safe harbor. The most recent...
Are settlement communications protected from discovery?
August 1, 2006... Despite a longstanding history contemplating a settlement privilege under federal common law, a recent decision from the federal D.C. Circuit Court of Appeals calls into question the viability of such a privilege. That decision may have a...
2006 amendments to the General Corporation Law.(Delaware)
August 1, 2006... The most recent amendments to the Delaware General Corporate Law, in addition to addressing more routine matters, also provide for stockholder bylaw amendments relating to the voting standard in director elections and the enforceability of...
Tenth Circuit rejects selective waiver doctrine.
August 1, 2006... On June 19, 2006, the Court of Appeals for the Tenth Circuit decided In re Qwest Communications International Securities Litigation, (1) holding that Qwest waived its attorney-client privilege and nonopinion work-product protection by...
Amendments to SEC executive compensation related-party disclosure rules.
August 1, 2006... On July 26, 2006, the Securities and Exchange Commission (SEC) voted unanimously to adopt new rules that revise the disclosure requirements for executive and director compensation, related-party transactions, director independence, and other...