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Documents on corporate law
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|Should You Stay or Should You Go? Directors - Think Twice Before Tendering That Resignation!|
Donna DiMaggio Berger; Becker Poliakoff P.A.;
March 2, 2015, previously published on January 25, 2015How many times have you thought about resigning from your association's board of directors because you felt that your efforts and time were not appreciated at best and were resented at worst? I often tell my association clients that I understand how they feel because I do. I served on my HOA Board...
|UK Finance Bill 2015 -- Draft Clauses Published|
Jenny Wheater; Duane Morris;
March 2, 2015, previously published on December 11, 2014Draft clauses of the UK Finance Bill 2015 were published on 10 December 2014. They will now be the subject of consultation until 4 February 2015. This Alert provides more details on the most significant measures contained in the draft Finance Bill. It is not intended to be exhaustive but to provide...
|ISS Releases 2015 Proxy Voting Guidelines|
Megan N. Gates; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
February 27, 2015, previously published on December 1, 2014 ISS (Institutional Shareholder Services) has released its annual 2015 Proxy Voting Guidelines Updates (available here). These guidelines apply to annual meetings to be held on or after February 1, 2015. Many of our clients have investors who do not routinely follow ISS guidelines, while others do....
|Expecting the Unexpected: How to Prepare for, Respond to, and Survive a Search Warrant|
Shireen M. Becker, Caitlin A. Bell; Jones Day;
February 27, 2015, previously published on January 2015It is a company's worst nightmare. Out of the blue, government agents appear at the reception desk armed with a search warrant, demanding access to company emails, files, and other proprietary data. Employees soon notice and become increasingly anxious and agitated as agents comb through their...
|California’s New Limited Liability Company Act Impacts LLCs, Old and New|
Margaret S. Ng; Garrett DeFrenza Stiepel Ryder LLP;
February 26, 2015, previously published on December 2013On January 1, 2014, a new limited liability company act becomes law in California. The new act, the California Revised Uniform Limited Liability Act (the “new law”), replaces the current law known as the Beverly-Killea Act (the “prior law”). While the new law leaves most of...
|Japanese Corporate Governance Is Changing with the Adoption of a New Code in 2015|
Stephen J. DeCosse, Masayuki Horiike, Scott T. Jones, Ken Kiyohara, Yuki Yoshida; Jones Day;
February 26, 2015, previously published on February 2015In the past, Japan may not have enjoyed high scores in the area of corporate governance, but this may change soon. The "Japan Revitalization Strategy (Revised in 2014)," commonly known as the third arrow of the "Abenomics" (the economic policies advocated by Japanese Prime...
|Can A Shareholder Compete With That Company After Employment Termination?|
David C. Roberts; Norris McLaughlin & Marcus, P.A. A Professional Corporation;
February 25, 2015, previously published on December 16, 2014Often employees sign non-compete and non-solicitation agreements that spell out what an employee can and cannot do after employment is terminated. Usually, if an employee never signed such an agreement, he or she is free to compete post-employment, provided confidential information is not involved....
|CSA Publishes Progress Report on Review of the Proxy Voting Infrastructure|
Elianeth Alicea, Georges Dube; Bennett Jones LLP;
February 24, 2015, previously published on February 10, 2015On January 29, 2015, the Canadian Securities Administrators (CSA) published CSA Staff Notice 54-303 - Progress Report on Review of the Proxy Voting Infrastructure. The report outlines the progress made to date by the CSA in its review of the network of organizations, systems, legal rules and market...
|Canadian Importers May Now Seek Import Duty Refunds|
Claire M. C. Kennedy, Darrel H. Pearson; Bennett Jones LLP;
February 24, 2015, previously published on January 19, 2015Since the introduction of the Transaction Value System of customs valuation by Canada on January 1, 1985, the Canada Border Services Agency (CBSA) has maintained a stated policy of denying refund claims of related party importers who seek to amend declared values for duty to account for adjustments...
|Annual H-1B Visa Quota Will Open on April 1, 2015|
Greg L. Berk; Sheppard, Mullin, Richter & Hampton LLP;
February 24, 2015, previously published on February 11, 2015For employers looking to bring non-U.S. citizens into the United States, an important immigration deadline is around the corner. Failure to plan properly for and meet this deadline may result in the employer’s inability to bring into the country its planned talent.