Michael Peregrine

Michael Peregrine

McDermott Will & Emery

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Latest Publications


Corporate Law & Governance Update - February 2017

THE #1 FIDUCIARY DUTY ISSUE OF 2017 - Positioning boards to exercise heightened engagement within the current “climate of uncertainty” is possibly the most important health system governance challenge of 2017. To...more

2/13/2017 - Corporate Governance DOL Ethics Fiduciary Duty Fiduciary Rule FTC Health Care Providers Non-Profits Trump Administration

Corporate Law & Governance Update - January 2017

The following developments from the past month offer guidance on corporate law and governance law as they may be applied to nonprofit health care organizations: HEALTH POLICY INITIATIVES - Perhaps the most...more

1/6/2017 - Compliance Conflicts of Interest Corporate Governance D&O Insurance Fraud Healthcare Non-Profits Trump Administration Yates

Corporate Law & Governance Update - December 2016

EMPHASIS ON DIRECTOR EDUCATION - The board development committee may wish to reconsider its director education program for 2017 following two recent and unrelated developments. The first is a greater articulation of...more

12/5/2016 - Board of Directors Compliance Conflicts of Interest Corporate Governance Data Breach DOJ False Claims Act (FCA) National Association of Corporate Directors (NACD) Trump Administration

Briefing Points for the Board: The Election and the 2017 Health Policy Agenda

It is vitally important for the health system board, as well as certain of its key committees, to receive an introductory briefing as soon as possible on the health policy implications of last week’s Presidential and...more

11/15/2016 - Affordable Care Act Alternative Payment Models (APM) Fee-for-Service Healthcare Reform Medicaid Expansion Medicare Presidential Elections Trump Administration

Corporate Law and Governance Update - November 2016

Conflicts of Interest - As the daily headlines make clear, issues associated with governance conflicts of interest are very much “on the front burner” and the focus of media scrutiny. These types of issues typically...more

11/4/2016 - Conflicts of Interest Corporate Governance Healthcare Investment National Association of Corporate Directors (NACD) Non-Profits Strategic Planning

Corporate Law and Governance Update - October 2016

New Officer and Director FCA/Stark Exposure - Recent developments may merit a measured briefing to corporate leadership on the potential exposure of health industry officers and directors to financial penalties and other...more

10/7/2016 - Antitrust Investigations Attorney Generals CEOs Chief Compliance Officers Compliance DOJ False Claims Act (FCA) Fiduciary Duty Non-Profits Settlement Stark Law The Clayton Act

Corporate Law & Governance Update - September 2016

The following developments from the past month offer guidance on corporate law and governance law as they may be applied to nonprofit health care organizations: BUSINESS ROUNDTABLE GOVERNANCE GUIDELINES - In an...more

9/9/2016 - Alternative Payment Models (APM) Board of Directors Business Roundtable Caremark claim Conflicts of Interest Corporate Governance Diversity Fiduciary Duty Governance Standards Internal Revenue Code (IRC) IRS Severance Agreements Shareholders

Managing the Transition to Transformation: Corporate Governance and the Transition to Transformation

McDermott’s Managing the Transition to Transformation series is designed to help health systems and other health care industry leaders address the many challenges presented by the transformation in payment and care delivery...more

9/2/2016 - Alternative Payment Models (APM) Board of Directors CHIP Corporate Governance Fee-for-Service Fiduciary Duty Health Care Providers Medicare Medicare Access and CHIP Reauthorization (MACRA) Medicare Payment Reform Provider Payments

Corporate Law & Governance Update - August 2016

The Hershey Governance Settlement - On Friday, July 29, the Pennsylvania Attorney General, the Hershey Trust Company and the Milton Hershey School, entered into a written settlement resolving an investigation conducted...more

8/5/2016 - Antitrust Investigations Attorney Generals Board of Directors Breach of Duty CEOs CFOs Conflicts of Interest Corporate Counsel Corporate Governance Corporate Officers Cybersecurity DOJ Executive Compensation Fiduciary Duty Non-Profits Settlement Term Limits

New Governance Best Practices Released

On July 21, a diverse consortium of leading corporate executives and business leaders released the compilation, "Commonsense Principles of Corporate Governance."...more

7/25/2016 - Board of Directors Corporate Governance Shareholder Rights Succession Planning

Corporate Law Governance Update - May 2016

The following developments from the past month offer guidance on corporate law and governance law as they may be applied to nonprofit health care organizations: EXPANDING ROLE OF GENERAL COUNSEL The April 12 survey...more

5/13/2016 - Chief Compliance Officers Corporate Counsel Corporate Governance Ethics Fiduciary Duty

New Board Compliance Guidance Prompts General Counsel Focus

Health care general counsel should review, and brief their internal clients on, the new Practical Guidance for Health Care Governing Boards on Compliance Oversight (Guidance), released on April 20, 2015. A joint effort by...more

4/22/2015 - Chief Compliance Officers Health Care Providers Healthcare Internal Audit Functions Internal Controls New Guidance OIG

Hospital and Health System M&A Series: The Role of the Nonprofit Hospital Board in Consolidation Transactions

As the hospital consolidation market continues to grow, most consolidation transactions involve nonprofit health systems. Nonprofit boards of directors should prepare well in advance to evaluate consolidation opportunities...more

3/20/2014 - Board of Directors Fiduciary Duty Hospitals Non-Profits

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