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Fifth Amendment Clawbacks

Orrick - Finance 20/20

Supreme Court to Decide Extent of Puerto Rico’s Sovereign Powers

Orrick - Finance 20/20 on

On Wednesday, January 13, 2016, the U.S. Supreme Court will hear arguments in the appeal styled under the caption Commonwealth of Puerto Rico v. Sanchez Valle, No. 15-108. In this case, the Supreme Court is asked to determine...more

Allen Matkins

The SEC’s Clawback Proposal – An Unconstitutional Taking?

Allen Matkins on

In proposing incentive compensation clawback rules, the Securities and Exchange Commission studiously ignored any constitutional restraints on its actions.  Buried in the 198-page proposal is this chilling assertion...more

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