The US Department of Labor’s final fiduciary rule captures rollover, transfer and distribution recommendations to retirement investors. In essence, under the rule, a financial organization or adviser is acting as a fiduciary...more
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 ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Exemptions ,
Financial Institutions ,
Individual Retirement Account (IRA) ,
Investment Adviser ,
Mandatory Arbitration Clauses ,
Proposed Regulation ,
REIT
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