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Shareholder Rights Securities Regulation

Mayer Brown

CVM publica regras que alteram ritos de participação e votação a distância em assembleias gerais de acionistas

Mayer Brown on

Essa semana (04/06/2024), a Comissão de Valores Mobiliários (CVM) divulgou a Resolução CVM nº 204, que promove alterações na Resolução CVM nº 81/22 e traz inovações nas regras de participação e votação a distância em...more

Wilson Sonsini Goodrich & Rosati

SEC Approves Amended NYSE Rule Relaxing Shareholder Approval Requirements for Equity Sales to Substantial Security Holders

On December 26, 2023, the U.S. Securities and Exchange Commission (SEC) approved a rule change by the New York Stock Exchange (NYSE) narrowing the circumstances under which a listed company must obtain shareholder approval...more

Skadden, Arps, Slate, Meagher & Flom LLP

Leveling the Playing Field for Closed-End Funds: Shareholder Rights Plans as an Alternative to State Control Share Statutes

On December 5, 2023, the U.S. District Court for the Southern District of New York (SDNY) granted summary judgment in favor of a group of plaintiffs led by Saba Capital Management, L.P. in its case challenging a number of...more

Morgan Lewis

SEC Releases Guidance on Disclosure Considerations for China-Based Issuers

Morgan Lewis on

The SEC Division of Corporation Finance has provided its views regarding certain disclosure considerations for companies based in or with the majority of their operations in the People’s Republic of China....more

Mayer Brown Free Writings + Perspectives

SEC Staff Guidance Regarding Disclosure Considerations for China-Based Issuers

Yesterday, November 23, 2020, the Staff of the Securities and Exchange Commission Division of Corporation Finance issued CF Disclosure Guidance Topic No. 10.  The guidance addresses disclosure considerations for companies...more

Blake, Cassels & Graydon LLP

B.C. Securities Commission Provides Guidance on Defensive Tactics in Re Red Eagle

On November 3, 2015, the British Columbia Securities Commission (BCSC) released its reasons in Re Red Eagle?, cease-trading a rights plan in the face of a hostile bid. In doing so, the BCSC rejected the target’s submissions...more

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