Harvard Corporate Governance

AUGUST 25, 2022

This post is based on a Conference Board memorandum by Merel Spierings , in partnership with ESG data analytics firm ESGAUGE and in collaboration with Debevoise & Plimpton, the KPMG Board Leadership Center (BLC), Russell Reynolds Associates, and the John L. Posted by Matteo Tonello, The Conference Board, Inc.,

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130

Harvard Corporate Governance

AUGUST 30, 2022

This post is based on a Conference Board memorandum by Merel Spierings , in partnership with ESG data analytics firm ESGAUGE and in collaboration with Debevoise & Plimpton, the KPMG Board Leadership Center (BLC), Russell Reynolds Associates, and the John L. Posted by Matteo Tonello, The Conference Board, Inc.,

Finance 152

Finance Technology 152

Harvard Corporate Governance

SEPTEMBER 1, 2023

Ho, Mike Delikat, and Bobby Bee, Orrick Herrington & Sutcliffe LLP, on Sunday, August 27, 2023 Tags: dei , EEOC , Supreme Court , Wal-Mart Special Committee Report Posted by Gregory Gooding, Maeve O’Connor, and Caitlin Gibson, Debevoise & Plimpton LLP, on Monday, August 28, 2023 Tags: corporate transactions , Delaware articles , Delaware cases (..)

Venture Capital Fund 198

Venture Capital Fund Equity 198

Law 360 M&A

MAY 27, 2022

With so much mergers and acquisitions news this week, you may have missed several deals announced in the last several days helmed by firms such as Cleary Gottlieb Steen & Hamilton LLP and Debevoise & Plimpton LLP. Here, Law360 recaps the ones you may have missed.

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Reynolds Holding

NOVEMBER 6, 2023

For more information about the Share Repurchase Rules, see our Debevoise Update available here. This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Fifth Circuit Gives SEC 30 Days to Fix Share Repurchase Rules,” dated November 2, 2023, and available here.

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40

Harvard Corporate Governance

OCTOBER 21, 2022

Tuttle, Debevoise & Plimpton LLP, on Monday, October 17, 2022. Tags: Dodd-Frank Act , ERA exemptions , Political spending , regulation , SEC , SEC enforcement , Venture capital firms. Insider Trading Disclosure Update. Posted by Matthew E. Kaplan, Benjamin R. Pederson, and Jonathan R.

Capital Structure 199

Capital Structure Equity Compliance Banking 199

Reynolds Holding

OCTOBER 30, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Fifth Circuit Upholds Nasdaq Board Diversity Rule,” dated October 20, 2023. The petitioners have said they intend to appeal the ruling to the U.S. Supreme Court. 21-60626 (5th Cir. Oct 18, 2023).

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Harvard Corporate Governance

APRIL 29, 2022

Posted by Avi Gesser, Bill Regner, and Anna Gressel, Debevoise & Plimpton LLP, on Tuesday, April 26, 2022. Tags: Innovation , Institutional Investors , Labor markets , Reputation , Tech companies , Venture capital firms. Posted by Ting Xu (University of Virginia), on Monday, April 25, 2022. Posted by Amy D.

Equity Financing 189

Equity Financing Equity Compliance Technology 189

Harvard Corporate Governance

MARCH 25, 2022

Rosen, Debevoise & Plimpton LLP, on Saturday, March 19, 2022. Tags: Books and records , Delaware articles , Delaware cases , Delaware law , DGCL Section 220 , Equity-based compensation , Firm valuation , Information asymmetries , Information environment , Stock options , Tech companies , Unicorns.

Equity 189

Equity Appraisal Compliance Technology 189

Reynolds Holding

FEBRUARY 5, 2024

The order notes that after the SEC informed JPMS about the violation, the firm revised the paragraph at issue to include language advising clients that they were not prohibited from affirmatively disclosing information to any government or regulatory authority. This post comes to us from Debevoise & Plimpton LLP. & Exch.

45

45

Reynolds Holding

JANUARY 30, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Delaware Court of Chancery Allows Caremark Claim against Officer,” dated January 26, 2023, and available here.

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45

Reynolds Holding

JULY 19, 2022

14] The Consumer Financial Protection Bureau (“ CFPB ”), which exercises jurisdiction over certain financial institutions and larger participants in consumer financial markets (including some crypto-asset firms), had previously issued an enforcement memorandum regarding claims about FDIC insurance in May 2022. [15] ENDNOTES. [1]

Banking 49

Banking Marketability Finance 49

Reynolds Holding

SEPTEMBER 30, 2022

In this Debevoise Data Blog post, we examine the growing cybersecurity threats to AI systems and how companies can prepare for and respond to these attacks. This post comes to us from Debevoise & Plimpton LLP. Threats to AI Systems. Some threats to AI systems are familiar.

Technology 45

Technology Marketability 45

Reynolds Holding

SEPTEMBER 20, 2023

Given the preparation required, private equity firms are well advised to start to consider the impact of CSRD, and we outline in this Update suggested steps for firms to take. Firms in scope will apply a “materiality” assessment to determine the most relevant information in the reporting standards to report.

Equity 45

Equity Private Equity Firm Finance Start-ups 45

Reynolds Holding

OCTOBER 6, 2022

On September 20, 2022, the SEC announced settled charges and the imposition of a $35 million penalty against a dually registered investment adviser and broker-dealer (the “Firm”) for violations of Regulation S-P (“Reg S-P”). Violations. Failure to Adopt Written Policies and Procedures for Decommissioning.

Compliance 45

Compliance 45

Reynolds Holding

NOVEMBER 20, 2022

In this Debevoise Data Blog post, we explore the key elements of the proposed AI Liability Directive, as well as steps that businesses should consider to enhance their AI governance and compliance programs in anticipation of these changes. This post comes to us from Debevoise & Plimpton LLP.

Compliance 49

Compliance Start-ups Technology 49

Reynolds Holding

APRIL 25, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Lessons from the Recent Enforcement Action Highlighting the SEC’s Broad Interpretation of Whistleblower-Related Rules,” dated April 20, 2022, and available here.

Technology 45

Technology Finance 45

Reynolds Holding

OCTOBER 23, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “How Will Bankruptcy Courts Measure Customer Crypto Claims?,” 880, filed September 22, 2022. [10] 11] See In re WR Grace & Co., 3d 332, 344 n.8 ” dated October 12, 2022, and available here. .

Equity 58

Equity Fair Market Value Marketability 58

Reynolds Holding

FEBRUARY 20, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “SEC Proposes Rule to Prohibit Conflicts of Interest in Certain Securitizations,” dated February 14, 2023, and available here. 15 U.S.C. § 78c(a)(79).

Marketability 45

Marketability Compliance Specific Risk 45

Reynolds Holding

OCTOBER 29, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Key Takeaways from the FDIC’s Proposed Guideline for Corporate Governance and Risk Management,” date October 19, 2023, and available here. 6] Pocket Guide for Directors , FDIC (Dec. 8] Id.

Banking 40

Banking Compliance Technology Marketability 40

Reynolds Holding

MAY 1, 2022

1] For a fuller description of the proposed rules, see our Debevoise In Depth (April 18, 2022), which can be found here. This post comes to us from Debevoise & Plimpton LLP. ENDNOTES. [1]

Banking 58

Banking Discounted Cash Flow Finance Equity 58

Reynolds Holding

MAY 15, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum “SEC Guidance: Ukraine Disclosure Obligations,” dated May 10, 2022, and available here. ENDNOTES. [1] 2] For further details, please see our regularly updated summary of the EU, UK and U.S.

Compliance 45

Compliance Treasury Finance Corporate Finance 45

Reynolds Holding

OCTOBER 22, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Supreme Court to Decide Whether a Private Right of Action Exists for Deficient MD&A,” dated October 18, 2023, and available here. . § 229.303(a)(3)(ii)). [21] 21] Id. at 105-06. [22] 16-581 (Sept.

Banking 40

Banking Marketability 40

Reynolds Holding

JANUARY 31, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s post on its Data Blog, “Responding to Malicious Corporate Deepfakes,” dated January 24, 2023, and available here. Law Clerk Abigail Liles contributed to the Data Blog post.

Start-ups 81

Start-ups Marketability Technology 81

Reynolds Holding

DECEMBER 18, 2022

However, if the bank decided to share the client’s data with insurance firms to check if the client is eligible for an insurance product, that processing is not compatible with the original purpose, so the bank would have to obtain the customer’s consent. This post comes to us from Debevoise & Plimpton LLP.

Banking 45

Banking Compliance Start-ups Technology 45

Reynolds Holding

JULY 14, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “What the ADPPA Means for U.S. Data Regulation,” dated July 12, 2022, and available here.

Compliance 45

Compliance Technology 45

Reynolds Holding

NOVEMBER 8, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on a post on the firm’s Data Blog, “The White House’s Blueprint for an AI Bill of Rights: What It Gets Right and What It Gets Wrong About Artificial Intelligence Regulation,” dated October 26, 2022, and available here.

Compliance 49

Compliance Specific Risk Equity Technology 49

Reynolds Holding

NOVEMBER 29, 2023

The SEC’s press release specifically called out actions against several large banks, among 22 other advisory firms, broker-dealers, and credit rating agencies, which resulted in over $400 million in penalties. The press release highlighted actions against several audit and accounting firms, including Prager Metis and Crowe U.K.

Banking 49

Banking Compliance Marketability Start-ups 49

Reynolds Holding

JUNE 7, 2022

Also, investment firms distributing investment funds will still have to treat the members of this new category of professional investors (under AIFMD) as retail clients for purposes of MIFID, if their distribution activity falls within the scope of MiFID. This post comes to us from Debevoise & Plimpton LLP.

Marketability 45

Marketability Finance 45

Reynolds Holding

MARCH 21, 2023

Mindbody’s largest stockholder, a venture capital firm with approximately 24.6% The venture capital firm’s partners were targeting at least $200 million of liquidity by the end of 2018, and Mindbody had been identified as one of five positions that would help meet the goal. This post comes to us from Debevoise & Plimpton LLP.

Equity 45

Equity Marketability 45

Reynolds Holding

OCTOBER 19, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Dark Patterns: What Are They and How Can Companies Avoid Regulatory Scrutiny?” ” date October 12, 2022, and available here.

Marketability 45

Marketability 45

Reynolds Holding

DECEMBER 1, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on a post on the firm’s Data Blog, “When Humans and Machines Disagree – The Myth of “AI Errors” and Unlocking the Promise of AI Through Optimal Decision Making,” available here.

Banking 111

Banking Technology 111

Reynolds Holding

JUNE 13, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Shareholder Climate Activism Comes for 401(k) Plans: Lessons Learned from Amazon and Comcast,” dated June 9, 2022, and available here. . This proposal is misguided in seeking to connect the two.

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56

Reynolds Holding

OCTOBER 31, 2022

This post comes to us from Debevoise & Plimpton LLP. It is based on a post to the firm’s Data Blog, “Privacy Shield 2.0: We do not expect the EU adoption process to be complete until sometime in 2023 at the earliest, but we will continue to monitor developments closely.

45

45

Reynolds Holding

APRIL 11, 2023

doc_id=X1Q6OIOVV782 [11] [link] [12] [link] This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Corporate Governance: Super Voting Preferred Stock,” dated April 11, 2023, and available here.

Dividends 45

Dividends Capital Structure Equity 45

Reynolds Holding

JANUARY 4, 2023

This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s memorandum, “Treasury Releases Guidance on 15% Corporate Minimum Tax, 1% Tax on Stock Buybacks,” dated January 3, 2023, and available here.

Treasury 45

Treasury Dividends Marketability Finance 45

Reynolds Holding

DECEMBER 19, 2023

Private equity firms may consider conducting a similar survey with their portfolio companies. This post comes to us from Debevoise & Plimpton LLP. It is based on the firm’s article, “The EU AI Act: Political Agreement Secured, We Await the Final Text,” dated December 17, 2023, and available here.

Compliance 45

Compliance Private Equity Firm Start-ups Technology 45