John Cannon III

John Cannon III

Shearman & Sterling LLP

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A Summary of Comments From the DOL Hearing on the Proposed Conflict of Interest Rule

On August 13, 2015, the Department of Labor (the “DOL”) concluded a four day public hearing on its proposed conflict of interest rule (the “Proposed Rule”). The approximately 75 witnesses generally fell into two groups: the...more

8/25/2015 - Best Interest Contract Exemptions Comment Period Conflicts of Interest DOL ERISA Exemptions Financial Services Industry Investment Adviser IRA Mandatory Arbitration Clauses Proposed Regulation REITS

In re Trados: Directors Dodge a Bullet

Vice Chancellor J. Travis Laster’s August 16 post-trial opinion in In re Trados Inc. Shareholder Litigation1 (hereinafter, “In re Trados”) has attracted a significant amount of attention. Much as both the Chancery and the...more

12/13/2013 - Board of Directors Common Stock Conflicts of Interest Corporate Governance Covenant of Good Faith and Fair Dealing Damages Derivative Suit Equitable Relief Fiduciary Duty Mergers Preferred Shares Shareholders

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