Client Memoranda
Our client memoranda archives offer a comprehensive library of perspectives on topical developments and issues around the world.Client Memoranda
- SEC Proposes to Modernize Investment Adviser Marketing Rules
- Authors: Jessica Forbes, Stacey Song, Joanna Rosenberg
- New York Court of Appeals Restricts Ability of Landlords to Challenge Class Allegations in Rent Overcharge Cases on a Motion to Dismiss
- Authors: Janice Mac Avoy, Matthew D. Parrott, Justin J. Santolli, Ben Paull
- New Guidance and Best Practices for Investment Advisers on Proxy Voting and Use of Proxy Advisory Firms
- Authors: Lee T. Barnum, Amy L. Blackman, Donna Mussio, Steven G. Scheinfeld, Stacey Song, Matthew V. Soran, Gail Weinstein
- OCIE Publishes Risk Alert Regarding Principal and Agency Cross Trading
- Authors: Jessica Forbes, Stacey Song, Joanna D. Rosenberg
- SEC Seeks Comments on Modernization of Certain Disclosure Rules
- Authors: Lee T. Barnum, Meredith L. Mackey, Brian B. Margolis
- CFTC Staff Extends No-Action Relief from Certain Position Aggregation Requirements
- Authors: William J. Breslin, David S. Mitchell, Nathan S. Brownback
- SEC Seeks Comments on Harmonization of Rules Governing Exempt Offerings
- Authors: Lee T. Barnum, Meredith L. Mackey, Brian B. Margolis
- SEC Proposes Updates to Regulation S-X Disclosure Rules for Acquisitions and Dispositions
- Authors: Andrew B. Barkan, Lee T. Barnum, Daniel J. Bursky, Joshua T. Coleman, Mark S. Hayek, Meredith L. Mackey, Ezra Schneck, Joshua Wechsler, John Lawrence
- Delaware Supreme Court Reverses Dismissal of a Fiduciary “Caremark” Suit After Finding the Board Did Nothing to Assure Board-Level Oversight of Regulatory Compliance—Marchand v. Barnhill (“Blue Bell”)
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Erica Jaffe, Randi Lally, Mark H. Lucas, Scott B. Luftglass, Brian T. Mangino, Shant P. Manoukian, Amber Meek, Philip Richter, Steven G. Scheinfeld, Robert C. Schwenkel, David L. Shaw, Peter L. Simmons, Matthew V. Soran, Steven J. Steinman, Gail Weinstein, Maxwell Yim
- Q2 2019 – European Regulatory Update for Funds
- Authors: Gregg Beechey, Zac Mellor-Clark
- SEC Adopts Rules and Interpretive Guidance Addressing Standards of Conduct for Broker-Dealers and Investment Advisers
- Authors: Jessica Forbes, Stacey Song, Joanna Rosenberg
- Treasury and IRS Provide Greater Certainty on Qualified Foreign Pension Fund Rules
- Authors: Libin Zhang, Cameron N. Cosby
- Court of Appeals Puts Future of the Yellowstone Injunction in Doubt
- Authors: Meyer Last, Janice Mac Avoy, Jennifer A. Yashar
- Final Regulations Limit the Impact of Section 956 on Foreign Credit Support of U.S. Debt
- Authors: Joseph E. Fox, Eli Weiss
- FinCEN Renews Geographic Targeting Orders for Residential Real Estate Deals
- Authors: Michael T. Gershberg, Lawrence Gerschwer, Janice Mac Avoy, Justin A. Schenck
- Federal Reserve Proposes Long-Awaited Changes to Control Rules
- Authors: V. Gerard Comizio, Nathan S. Brownback
- Treasury Releases the Second Set of Proposed Opportunity Zone Regulations
- Authors: Robert Cassanos, Colin S. Kelly, Libin Zhang
- Another Nail in the Coffin for Arm’s-Length Merger Appraisal Cases Without Fatal Process Flaws–Delaware Supreme Court Embraces the Merger-Price-Less-Synergies Approach for Determining “Fair Value”–Aruba
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Erica Jaffe, Randi Lally, Mark H. Lucas, Scott B. Luftglass, Brian T. Mangino, Shant P. Manoukian, Amber Meek, Philip Richter, Steven G. Scheinfeld, Robert C. Schwenkel, David L. Shaw, Peter L. Simmons, Matthew V. Soran, Steven J. Steinman, Gail Weinstein, Maxwell Yim
- OCIE Publishes Risk Alert Regarding Regulation S-P Compliance Issues
- Authors: Stacey Song, Joanna D. Rosenberg
- SEC Streamlines and Simplifies Disclosure Requirements
- Authors: Lee T. Barnum, Stuart A. Barr, Joshua Wechsler, Daniel Honeycutt, Michael Rosenthall
- Delaware Supreme Court Overturns the Court of Chancery’s Finding that a Controller-Led Transaction Was MFW-Compliant “From the Outset” of Negotiations—Olenik
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Erica Jaffe, Randi Lally, Mark H. Lucas, Scott B. Luftglass, Brian T. Mangino, Shant P. Manoukian, Amber Meek, Philip Richter, Robert C. Schwenkel, David L. Shaw, Peter L. Simmons, Matthew V. Soran, Steven J. Steinman, Gail Weinstein, Maxwell Yim
- Supreme Court Creates Uncertainty About the Reach of “Scheme” Liability Under Rule 10b-5
- Authors: James E. Anklam, Andrew B. Barkan, Daniel J. Bursky, Israel David, Lawrence Gerschwer, Samuel P. Groner, Mark S. Hayek, Stephen M. Juris, Michael C. Keats, Scott B. Luftglass, Joshua D. Roth, Peter L. Simmons, James D. Wareham, Steven M. Witzel
- SEC Staff Requests Industry Input on Custody Issues Involving Non-DVP Trading and Digital Assets
- Authors: Jessica Forbes, Stacey Song, Joanna D. Rosenberg
- FTC Revises Thresholds for HSR Filings and Interlocking Directorates
- Authors: Nathaniel L. Asker, Aleksandr B. Livshits, Matthew E. Joseph
- SEC Imposes Civil Penalties for Ongoing Violations Relating to Internal Control Over Financial Reporting
- Authors: Lee T. Barnum, Una A. Dean, Brian B. Margolis, Evan Ewing
- The UK’s new property tax regime for non-UK residents: a simple tool kit for investors
- Authors: Nick Thornton, Will Gay
- Reminder: CPO and CTA Annual Affirmation Requirement
- Authors: William J. Breslin, David S. Mitchell, Scott I. Golden
- Court of Chancery Grants the Books and Records Demand of a Director Whose Ties With the Company Were Severed by the Board After His Allegedly Offensive Conduct—Schnatter v. Papa John’s
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Randi Lally, Mark H. Lucas, Scott B. Luftglass, Brian T. Mangino, Philip Richter, Robert C. Schwenkel, David L. Shaw, Peter L. Simmons, Matthew V. Soran, Steven J. Steinman, Gail Weinstein, Maxwell Yim
- The Road Ahead for Shareholder Activism After a “Record Year”
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Randi Lally, Mark H. Lucas, Scott B. Luftglass, Brian T. Mangino, Philip Richter, Robert C. Schwenkel, David L. Shaw, Peter L. Simmons, Matthew V. Soran, Steven J. Steinman, Gail Weinstein, Maxwell Yim
- New York Appellate Court Reinstates Majority of Title Industry “Kickback” Regulations
- Authors: Janice Mac Avoy, Amber Koonce
- NFA Amends Guidance on Information Systems Security Programs and Proposes New Guidance on Internal Controls Systems for CPOs
- Authors: David S. Mitchell, William J. Breslin, Scott I. Golden
- SEC Staff Grants Custody Rule No-Action Relief to Investment Adviser Acting as Administrative Agent
- Authors: Jessica Forbes, Stacey Song, Joanna D. Rosenberg
- Impact of the Federal Government Shutdown on M&A Transactions, SEC and Investment Adviser Filings and Registrations, Government Contracts, and Litigation
- Authors: Nathaniel L. Asker, Andrew B. Barkan, Lee T. Barnum, Douglas W. Baruch, John A. Borek, Daniel J. Bursky, Jessica Forbes, Michael T. Gershberg, James J. McCullough, Stacey Song, Gail Weinstein
- Non-GAAP headlines hit the bottom line: SEC imposes civil penalties for lack of “equal prominence”
- Authors: Lee T. Barnum, Joshua Wechsler, John Lawrence, Ezra Schneck, Idan Shkaltz
- OCIE Publishes Examination Priorities for 2019
- Authors: Jessica Forbes, Stacey Song, Marina Besignano
- OCIE Publishes Risk Alert Regarding Electronic Messaging
- Authors: Jessica Forbes, Stacey Song, Joanna D. Rosenberg
- CFTC Proposes Revised Rules for SEFs, Requests Comment on Post-Trade Name Give-up, and Retains $8b Swap Dealer De Minimis Threshold
- Authors: William J. Breslin, Darren A. Littlejohn, Robert M. McLaughlin, David S. Mitchell, Victoria T. Mazgalev
- German Tax Reform Act 2018 – A Speed Read on Tax Implications for Real Estate Investors
- Authors: Katrin Gänsler, Constance Kemmner
- German Tax Reform Act 2018 – A Speed Read on Tax Treatment of Restructuring Measures
- Authors: Katrin Gänsler
- FinCEN Renews and Expands Geographic Targeting Orders for Residential Real Estate Deals, Includes Virtual Currencies
- Authors: Michael T. Gershberg, Lawrence Gerschwer, Janice MacAvoy, Justin A. Schenck
- Series of Avoidable Missteps by an Activist Stockholder and the Target Board Led the Court of Chancery to Find Fiduciary Breaches and Stockholder Aiding and Abetting in Connection With the Sale of a Company--PLX Technology
- Authors: Andrew J. Colosimo, Warren S. de Wied, Steven Epstein, Christopher Ewan, Arthur Fleischer, Jr., Andrea Gede-Lange, David J. Greenwald, Randi Lally , Mark H. Lucas , Scott B. Luftglass , Brian T. Mangino , Philip Richter , Robert C. Schwenkel, David L. Shaw , Peter L. Simmons, Matthew V. Soran, Peter L. Simmons, Gail Weinstein, Maxwell Yim
- UK Tax on Non-UK Residents’ UK Property Gains – Update
- Authors: Nick Thornton, Will Gay
- Proposed Section 956 Regulations May Expand Foreign Credit Support of U.S. Debt
- Authors: Eli Weiss, Joseph E. Fox, Ryan L. Conley
- OCIE Publishes Risk Alert Regarding Cash Solicitation Rule
- Authors: Jessica Forbes, Stacey Song, Joanna D. Rosenberg