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National Law Journal

How to Define Environmental, Social and Governance Is 'the Million-Dollar Question'

"Now is the time for companies to closely review their existing disclosures on file and make sure the activities they have chosen to disclose are commensurate with the disclosure," says Skadden partner Anita Bandy.
5 minute read

International Edition

Beleaguered Ince Group Extends Search for Administrator

The top 50 law firm first announced its intention to appoint administrators on April 12.
2 minute read

International Edition

Pinsents Latest to Mull CBI Links, Clifford Chance Maintains Silence

The firm is taking the ongoing allegations against the confederation: "Incredibly seriously."
2 minute read

Delaware Business Court Insider

Shareholders Say They're Entitled to Vote Before TripAdvisor Moves to Nevada

The shareholder plaintiffs argue unless and until the companies are actually moved to Nevada, they're governed by Delaware law, which requires a shareholder vote before a Delaware-incorporated state can be reorganized anywhere else.
4 minute read

The American Lawyer

Nasdaq Warns LifeWallet of Potential Delisting Over Late Annual Report

The company, led by Miami plaintiff lawyer John Ruiz, is restating its post-IPO financials after disclosing accounting failures.
2 minute read

Corporate Counsel

New ESG Reporting Rules Will Test Disclosure Consistency, GCs Say

Regulators are expanding reporting requirements, and non-compliant companies could face financial liabilities.
4 minute read

The American Lawyer

Facing Nasdaq Delistment, John Ruiz's LifeWallet Grapples With Its Ambitious $32 Billion Valuation

After a disastrous IPO, the company continued to value some of its assets at pre-IPO share prices.
18 minute read

Delaware Business Court Insider

Chancery Court Clarifies What Is Required to Defeat a Motion to Dismiss a Dissolution Petition

In In re Dissolution of T&S Hardwoods KD, Vice Chancellor Morgan T. Zurn provided helpful guidance on what must be alleged to satisfy that test for purposes of overcoming a motion to dismiss.
7 minute read

Delaware Business Court Insider

Revlon Does a 'Mindbody' Good

In the 120-page opinion for In re Mindbody, Chancellor Kathaleen McCormick throws shade on Corwin, finding Mindbody's sales process run by Richard Stollmeyer—founder and then-CEO—was not cleansed by Corwin and holding him and Mindbody's private equity acquirer, Vista Equity Partners, liable.
8 minute read

International Edition

Increase in Enforcement of US Foreign Corrupt Practices Act Makes Companies With Ties to Latin America More Vulnerable

Nearly 60% of the U.S. Department of Justice's FCPA enforcement actions and more than two-thirds of FCPA-related prosecutions of individuals during 2022 had connections to Latin America.
4 minute read

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