By Tim Quinson | June 15, 2022
Under U.S. Securities and Exchange Commission Chair Gary Gensler, officials have been demanding that money managers explain the standards they supposedly use to classify ESG-labeled funds.
New York Law Journal | Analysis
By Amy Roy, Amy Longo, William Davison and Michael Littenberg | June 15, 2022
Just days before issuing proposed rule amendments regarding the use of environmental, social, and governance (ESG) factors in mutual funds, the SEC gave a preview of its enforcement agenda with the settlement and $1.5 million penalty against a mutual fund adviser for alleged misstatements and omissions in fund disclosures regarding ESG considerations. The settlement suggests that enforcement agenda will be aggressive and far-reaching.
Delaware Business Court Insider | Commentary
By Jarret P. Hitchings | June 15, 2022
Strangers to the insolvency profession might be surprised to learn that it is often expensive to go bankrupt. Indeed, the high cost associated with obtaining relief under Chapter 11 of the federal Bankruptcy Code is a routine criticism of the federal bankruptcy scheme and an issue many commentators argue is ripe for reform.
By Lynda Bennett and Michael Scales | June 13, 2022
Failing to develop strong ESG initiatives may result in limited access to capital and lost business opportunities.
By Frances Schwartzkopff | June 13, 2022
U.S. Securities and Exchange Commission officials are trying to ascertain whether some Goldman Sachs' mutual-fund investments are in breach of environmental, social and governance metrics promised in marketing materials.
Delaware Business Court Insider | News
By Ellen Bardash | June 9, 2022
Elite, which brands itself as the world's first talent media company established over 50 years ago, is still calculating how much was spent.
National Law Journal | News|Profile
By Andrew Goudsward | June 9, 2022
The former federal prosecutor and compliance executive at HP Enterprise will lead the section that investigates and prosecutes many of the Justice Department's biggest white-collar cases.
By Greg Andrews | June 9, 2022
At an energy-policy speech in Houston last month, potential 2024 Republican presidential candidate Mike Pence said he wanted to "rein in ESG," calling it a "radical" agenda.
Delaware Business Court Insider | News
By Ellen Bardash | June 8, 2022
The shareholder is seeking to investigate board-level breaches, including whether it failed to protect the company when entering into its merger agreement with Musk.
By Greg Andrews | June 2, 2022
Want to know the pressure points company legal chiefs will be wrestling with in the coming years? Check out the issues outside groups are spotlighting at public company annual meetings this spring.
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