Cohen & Grigsby, P.C

US-EU Data Privacy Safe Harbor Program Invalidated

On October 6, 2015, the European Court of Justice ("ECJ") invalidated the safe harbor program negotiated between the United States Department of Commerce and the European Commission pursuant to which safe harbor-registered…more
| Commercial Law & Contracts, Consumer Protection, International Law & Trade, Privacy, Science, Computers, & Technology

Immigration Bulletin - Department of State Opened DV-2017 Diversity Visa Lottery Registration Period on October 1, 2015

The Department of State’s DV-2017 Diversity Visa lottery program registration period opened on Thursday, October 1, 2015. Entries for the DV-2017 Diversity Visa (DV) lottery must be submitted electronically by Tuesday, November…more
| Immigration Law

Going-Private Transaction Results in $148 Million Fraud Charge for CEO and GC – What to Consider Going Forward

The Delaware Court of Chancery (the "Court") recently found the CEO, David Murdock ("Murdock"), and the General Counsel, C. Michael Carter ("Carter"), of Dole Foods Company (the "Company") personally liable to investors for…more
| Civil Procedure, Commercial Law & Contracts, Securities Law

You Can’t Broker Your Way Out of This One - Real Estate Broker Licensing Requirements in Modern Housing Administrations

Public housing authorities (“PHAs”) are in the business of property management. Among other things, PHA staff members negotiate tenant leases and manage the numerous day-to-day operational issues that arise in modern housing…more
| Commercial Law & Contracts, Real Estate - Residential

Court of Chancery Affirms Director Primacy in Delaware Corporate Law

The Court of Chancery recently affirmed the primacy of the board of directors in Delaware corporate law in a case that involved an attempt by the majority stockholder of a Delaware corporation to amend the corporation’s bylaws…more
| Commercial Law & Contracts, Securities Law

SEC Adopts “Pay Ratio” Disclosure Rule

The SEC has adopted amendments to Item 402 of Regulation S-K to implement the pay ratio disclosure mandated by Section 953(b) of the Dodd-Frank Act. New paragraph (u) to Item 402 of Regulation S-K requires registrants to…more
| Commercial Law & Contracts, Securities Law

Court Strikes Down DHS Rule Extending STEM OPT but Stays Action until February 2016

The U.S. District Court for the District of Columbia recently ruled that the U.S. Department of Homeland Security (DHS) did not follow required procedures when it promulgated regulations allowing for 17-month extensions of F-1…more
| Education, Immigration Law, Science, Computers, & Technology

Pennsylvania Legislature Passes Significant Amendments to Act 153 Clearance Requirements

The concerns of volunteer-based organizations and employers have reached the ears of state legislators. On July 1, 2015, the Pennsylvania legislature passed Act 15. Act 15 amends the Child Protective Services Law (the “Law”) to…more
| Civil Rights, Labor & Employment Law

SEC Proposes Rule Regarding Clawback of Erroneously Awarded Incentive-Based Compensation

The SEC has proposed Rule 10D-1 under the Securities Exchange Act of 1934 to implement the clawback provisions contained in Section 954 of the Dodd-Frank Act. Under the proposal, in the event that a public company restates its…more
| Commercial Law & Contracts, Finance & Banking, Securities Law

Department of Labor Proposes New Rule for Overtime Protections

On June 30, 2015 the U.S. Department of Labor announced a proposed rule to update the regulations governing which "white collar workers" are exempt from the Fair Labor Standard Act's minimum wage and overtime pay requirements. …more
| Labor & Employment Law

Unregistered Broker Activity in EB-5 Capital Fund Raising SEC Imposes Cease-And-Desist Order

In an important development affecting the EB-5 financial community the SEC has imposed a cease-and-desist order with respect to fund raising activities conducted by two unregistered brokers and related persons in connection with…more
| Commercial Law & Contracts, Finance & Banking, Immigration Law, International Law & Trade, Securities Law

Practical Strategies to Reduce the Risks and Costs of E-Discovery

As one federal court insightfully pointed out in a recent opinion, “litigations are fought and won with information.” But for an increasing number of companies, litigations are all too often lost with information as well, either…more
| Civil Procedure, Electronic Discovery

Familiar Features in Pennsylvania’s New Entity Transactions Landscape

Comprehensive amendments to the Pennsylvania Business Corporation Law (“PBCL”) go into effect on July 1, 2015. The amendments repeal many substantive provisions of the PBCL in respect of corporate mergers. These provisions, and…more
| Business Organizations, Finance & Banking, Mergers & Acquisitions, International Law & Trade, Securities Law

Delaware Court of Chancery Rules Dispute over Accounting Methodology Must Be Resolved through Purchase Price Adjustment Procedure and not as Claim for Indemnification

A recent case in Delaware provides a cautionary tale for sellers who carefully negotiate limitations on their indemnification liability to buyers for claims that the financial statements of the target business fail to comply…more
| Commercial Law & Contracts, Mergers & Acquisitions, Securities Law

SEC Proposes Pay-for-Performance Rules

The Securities and Exchange Commission has proposed for comment rules that would implement Section 953(a) of the Dodd-Frank Act. Section 953(a) added Section 14(i)(3) to the Securities Exchange Act of 1934 which directs the SEC…more
| Commercial Law & Contracts, Securities Law
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625 Liberty Avenue
Pittsburgh, PA 15222-3152, United States

  • 412-297-4900
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Areas of Practice
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Number of Attorneys

100+ Attorneys

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