Goodwin Procter LLP

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New Law Reforms Consumer Product Safety Standards and Reauthorizes the CPSC
Shepard M. Remis, Joanne M. Gray, William R. Hanlon, Forrest A. Hainline, Liana Grossman, August 26, 2008
On August 14, 2008, the President signed into law H.R. 4040, the Consumer Product Safety Modernization Act ("CPSMA").

Delaware Supreme Court Invalidates Bylaw Mandating Expense Reimbursement in Contested Elections
Joseph L. Johnson, James A. Matarese, John T. Haggerty, Lisa R. Haddad, August 21, 2008
On July 17, 2008, the Delaware Supreme Court decided CA, Inc. v. AFSCME Employees Pension Plan and addressed a proposed bylaw mandating the reimbursement of expenses for contested elections of less than all directors (i.e., a "short slate").

SEC Extends Emergency Short Sale Order and Announces Intentions for Future Rulemaking Regarding Naked Short Selling
Gregory J. Lyons, Eric R. Fischer, Elizabeth Shea Fries, Jackson B.R. Galloway, August 21, 2008
Citing continuing concerns "about the ongoing threat of market disruption and effects on investor confidence," the SEC late yesterday evening issued an order (the "Extension Order") extending its previous July 15, 2008 emergency order (the "Emergency Order") regarding...

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