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Board of Directors Repurchases

Sullivan & Worcester

SEC Adopts Amendments to Modernize Share Repurchase Disclosure

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The SEC today adopted amendments to modernize the disclosure requirements relating to repurchases of an issuer’s equity securities, including: - requiring issuers to provide daily repurchase activity on a quarterly or...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden’s 2023 Insights – Five Critical Areas for the Year Ahead

The pandemic’s impact may be subsiding, but businesses are encountering new challenges across the globe, including the potential for an economic retrenchment, rising interest rates, shifting regulatory and litigation...more

Allen Matkins

Could The SEC Have Made A Weaker Case For Mandating Enhanced Repurchase Disclosures?

Allen Matkins on

Earlier this month, the Securities and Exchange Commission proposed rule amendments that would require an issuer, including a foreign private issuer and certain registered closed-end funds, to report any purchase made by or...more

Wilson Sonsini Goodrich & Rosati

ISS Releases 2020 Benchmark Policy Updates and Proxy Voting Guidelines

On November 11, 2019, Institutional Shareholder Services (ISS) released its 2020 Proxy Voting Guidelines, which are generally effective for meetings on or after February 1, 2020....more

Stinson - Corporate & Securities Law Blog

ISS Announces 2020 Benchmark Policy Updates

ISS has announced its 2020 policy updates.  The summary below is largely extracted from ISS’ executive summary or the commentary in the updated policies....more

Dechert LLP

Global Private Equity Newsletter - Spring/Summer 2019 Edition: Recent Developments in Acquisition Finance (Traps for Portfolio...

Dechert LLP on

A recent decision by the Superior Court of the State of Delaware highlights a risk of potential exposure to liability for individuals affiliated with private equity firms who are presumed to be covered by a directors’ and...more

Snell & Wilmer

Delaware Supreme Court: No Duty to Buy Out Minority Shareholders in Closely Held Corporations

Snell & Wilmer on

The Delaware Supreme Court recently considered whether the directors of a closely held corporation had a duty under common law fiduciary principles to repurchase a minority shareholder’s shares. The court also considered...more

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