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HTMLBluebonnet to Sell Water Subsidiary
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 24, 2014, previously published on April 22, 2014
Bluebonnet Electric Cooperative in Texas has announced that it is selling its water subsidiary, Corix Utilities (Texas) Inc. Corix Utilities is a water utility operator that already has a significant presence in Central Texas.

 

Adobe PDFConflict Minerals Disclosure Due Date Approaching; While SEC Staff Issues New Guidance, Court’s Decision Creates Some Uncertainty: D.C. Circuit Holds That Portion of Conflict Minerals Disclosure Rule Violates the First Amendment; Absent Further Developments, Issuers Should Continue to Prepare to File Disclosures by Monday, June 2
Sullivan Cromwell LLP;
Legal Alert/Article
April 23, 2014, previously published on April 17, 2014
The deadline-May 31, 2014, extended to June 2 because May 31 falls on a Saturday-for conflict minerals disclosures responsive to the SEC’s rule under Section 13(p) of the Securities Exchange Act, is quickly approaching.

 

HTMLProposed Amendments to the Delaware General Corporation Law
Christopher M. DiVirgilio, Allison L. Land, Edward P. Welch; Skadden, Arps, Slate, Meagher & Flom LLP;
Legal Alert/Article
April 22, 2014, previously published on April 17, 2014
On April 17, 2014, the Corporation Law Section of the Delaware State Bar Association proposed legislation that, if adopted, would amend the Delaware General Corporation Law (the DGCL) in a number of important ways. Proposed amendments include:

 

Adobe PDFConflict Minerals: SEC Guidance and Appellate Court Decision
Laura D. Richman; Mayer Brown LLP;
Legal Alert/Article
April 21, 2014, previously published on April 16, 2014
The Division of Corporation Finance of the US Securities and Exchange Commission has updated its frequently asked questions regarding its conflict minerals rule, providing guidance on nine conflict minerals topics. The new FAQs provide timely direction for public companies that need to file their...

 

HTMLFederal Appeals Court Holds SEC Conflict Minerals Rules Violate Free Speech
Barbara A. Jones, Ira N. Rosner, Elliot H. Scherker; Greenberg Traurig, LLP;
Legal Alert/Article
April 21, 2014, previously published on April 15, 2014
On April 14, 2014, a three-judge panel of the U.S. Court of Appeals for the District of Columbia, in an opinion authored by Senior Circuit Judge Randolph, held in National Association of Manufacturers, et al. v. Securities and Exchange Commission, et al. (Case No. 13-5252), that portions of the...

 

HTMLIndia’s New Corporate Social Responsibility Requirements - Beware of the Pitfalls
Theodore T. Chung, Karen P. Hewitt, Glyn Powell, Sumesh Sawhney, Sheila L. Shadmand; Jones Day;
Legal Alert/Article
April 21, 2014, previously published on April 2014
In August 2013, the Indian parliament passed the Indian Companies Act, 2013 (the "New Act"), which has replaced the Companies Act of 1956. The New Act has made far-reaching changes affecting company formation, administration and governance, and it has increased shareholder control over...

 

HTMLD.C. Circuit Holds that Conflict Minerals Provision Violates First Amendment
James R. Burke; Hinckley, Allen & Snyder LLP;
Legal Alert/Article
April 21, 2014, previously published on April 17, 2014
On April 14, 2014, a three-judge panel of the United States Court of Appeals for the District of Columbia Circuit (the "Circuit Court") issued its "conflict minerals" opinion in National Association of Manufacturers, et al. v. Securities and Exchange Commission, et al. The...

 

HTMLWhat is a "Reasonable" Notice Period When the Contract is Silent?
Dentons Canada LLP;
Legal Alert/Article
April 16, 2014, previously published on April 10, 2014
This was the question that came before Mr Justice Norris towards the end of 2013 in the case of Hamsard 3147 Limited trading as "Mini Mode Childrenswear", JS Childrenswear Limited (in liquidation)) v. Boots UK Limited.

 

HTMLTransparency and Trust in UK Business
Dentons Canada LLP;
Legal Alert/Article
April 16, 2014, previously published on April 10, 2014
The UK Government has announced its plan to make details of who owns and controls UK companies publicly available.

 

HTMLSEC Conflict Minerals Disclosure Requirements Ruled Unconstitutional
Andrew J. Brady, Brian V. Breheny, Hagen J. Ganem, Marc S. Gerber; Skadden, Arps, Slate, Meagher & Flom LLP;
Legal Alert/Article
April 16, 2014, previously published on April 14, 2014
The U.S. Court of Appeals for the District of Columbia Circuit ruled earlier today that the U.S. Securities and Exchange Commission’s conflict minerals disclosure requirements are unconstitutional and remanded the matter to the district court for further consideration.

 


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