Voting Rights

News & Analysis as of

Financial Services Weekly News - December 2017

Editor's Note - OCC to Move Forward with Federal FinTech Charter. In a development foreshadowed in the April 6, June 29 and September 14 editions of the Roundup, on December 2, the Office of the Comptroller of the...more

When Non-Voting Shares Have The Right To Vote

The California General Corporation Law authorizes a corporation to “issue one or more classes or series of shares or both, with full, limited or no voting rights”. Cal. Corp. Code § 400(a). Thus, it may be reasonable to...more

The End is Near! Election Day 2016 Employee Rights and Employer Responsibilities

The 2016 election is just days away—do you know your obligations when it comes to employees who want time off to vote during the workday? In some states employers must provide employees voting leave, while in other states,...more

Employment Law - November 2016

California Employers Have Special Obligations on Election Day - Next Tuesday our nation goes to the polls in what pundits expect will be record numbers. California employers have special obligations on Election Day to...more

A Reminder on Voting Rules for Non-U.S. Citizens

As the 2016 presidential election approaches, election reminders abound encouraging everyone to get out and vote on November 8th. Largely focused on the importance of participation, these messages do not typically distinguish...more

Employers Must Be Mindful of Voting Leave Rights on Election Day

With Election Day just a week away(!), it’s important that employers familiarize themselves with their employees’ rights to take leave to vote. While there is no Federal law granting employees the right to voting leave, at...more

SEC Proposes Universal Ballots in Contested Elections

On October 26, 2016, in a split vote, the SEC proposed the mandated use of universal ballots in contested director elections at annual meetings. The proposed rules were controversial even before they were proposed – the House...more

Should You Allow Your Employees Time Off to Vote? Three Considerations for Connecticut Employers

Election Day is now less than two weeks away. While many states require employers to provide their employees with time off to vote, Connecticut is not one of them. Employers in the state should, however, keep the following...more

Navigating Election Day 2016

November 8, 2016 is almost here—finally. There has been stress and controversy in the workplace this election season as a result of the unusually contentious and heated presidential election. Indeed, a recent American...more

Reminder: New York Election Law Notices Should Be Posted Today

New York’s Election Leave Law requires employers to post a voting leave notice at least ten (10) working days before “every election.” This year, the general election will be held on November 8, 2016. Therefore, employers...more

"Activist Investing in Europe: A Special Report (September 2016)"

This report offers an overview of the state of activism in Europe, as well as country-specific profiles for the United Kingdom, France, Germany, Italy and Switzerland, including information and commentary on noteworthy...more

Election Day is Coming Soon - Do You Know Your Employees' Voting Leave Rights? - October 2016

Realizing we ALL could use some "time off" FROM this year's presidential election, we want to provide you with a quick (party-neutral!) refresher on your employees' voting leave rights in light of the upcoming national...more

Election Day: What Employers Should Know About Employee Voting Rights Laws

As Tuesday, November 8, 2016, approaches, employers should ensure compliance with voting rights laws in the states where they operate. There is no federal law that requires employers to give workers time off to vote, but...more

Employer’s Guide to State Voting Laws

This handy chart summarizes the laws of each of the 50 states (plus Canadian federal law) on whether employees must be given leave on election day, whether the leave must be paid, employers' rights, and other legal...more

Digital Democracy: The Future of Voting

In the wake of the most intensely anticipated?—?and certainly the most Tweeted and meme-ified?—?presidential debate in history, I spoke on a panel last week on election and voting tech at the New York County Lawyers...more

Secured creditors may vote during receivership upon reduction of secured claims

On 25 July 2016, the White & Case team obtained, at the Supreme Court of the Russian Federation (the "Supreme Court"), a declaration that a secured creditor has the right to reduce, at its discretion, the amount of a secured...more

Developments in Unitranche Financing (2016)

The increasing use of unitranche financing, both domestically and abroad, has created new opportunities for middle market loan participants. However, lenders must understand the legal issues and potential bankruptcy risks...more

[Webinar] Corporate Governance Essentials - Meritas Capability Webinar - August 17th, 1:00p.m. U.S. CDT

Every lawyer, no matter your practice area, should know some basics of corporate governance in order to properly service clients. This webinar is intended to provide some essential information about corporate governance in...more

Top Issues Facing Automotive Joint Ventures

Joint ventures can help automotive companies expand their businesses. Sometimes forming a JV is the only way for a company to enter a foreign market. Although JVs can take multiple shapes, they generally involve pooling...more

Shares May Have Voting Rights But Not Voting Power

Section 400 of the California Corporations Code establishes the following ground rules with respect to the voting rights of shares: - Classes or series of shares may have full, limited or no voting rights; -...more

SEC Revises C&DI on Selling Securityholder Disclosure

On July 26, 2016, the SEC revised Question 140.02 of its Compliance and Disclosure Interpretations (“C&DIs”) on Regulation S-K, pertaining to selling securityholder disclosure. Revised Question 140.02 states that a...more

Late-Stage Private Placements: A Life Sciences Sector Survey

As privately held companies choose to remain private longer and defer their initial public offerings (IPOs), these companies are increasingly reliant on raising capital in successive private placements. New categories of...more

Anatomy of a Term Sheet: Series A Financing (Q2 2016)

A key milestone in the lifecycle of many successful companies (and, admittedly, many unsuccessful companies) is obtaining financing from angel or venture capital investors, but in negotiating with experienced investors...more

Quebec Budget Presents Significant Proposals for Duties on Transfers of Immovable Properties

On March 17, 2016, Quebec’s Minister of Finance unveiled the 2016-2017 provincial budget (Budget) in which significant proposals to the system of duties on transfers of immovable properties were announced. This bulletin...more

Vote YES! for Compliance: An Election Law Refresher for California Employers

Seyfarth Synopsis: Under California law, employers have a part to play in protecting employee voting rights and other political activity. What follows is a short reminder of employer duties and obligations. With the...more

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