ABI Blog Exchange

At its meeting last week, Disney’s proxy access proposal received 40% in support.  As we previously discussed here, the SEC Staff did not permit the company to exclude the proposal from its proxy statement.
8 years 4 months ago
In another move that more closely aligns Nasdaq listing standards with those of the NYSE, Nasdaq has filed a proposed rule change with the SEC that would require its listed companies to have an internal audit function by December 31, 2013.
8 years 4 months ago
FCStone, a New York-based commodities brokerage firm, was recently ordered to return a transfer of $15.6 million to the bankruptcy estate of Sentinel Management Group.

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8 years 4 months ago
In In re Pamela Persaud, case No. 12-43602-CEC, US Bankruptcy Court, EDNY, February 4, 2013 involved the Means Test, the presumption of abuse and what expenses can be deducted in calculating the Means Test.

Read More from: Shenwick & Associates

8 years 4 months ago
In re Mary Veronica Santiago-Monteverde No.

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8 years 4 months ago
Professor Joseph Grundfest at Stanford Law School and The Rock Center for Corporate Governance suggests that the SEC should not initiate enforcement action against Netflix in his article, “Regulation FD in the Age of Facebook and Twitter,” which was
8 years 5 months ago
As widely reported, on February 22 in Greenlight Capital, L.P. v. Apple, Inc., a federal court in New York enjoined Apple shareholders from voting on a proposal that combined four charter amendments into a single proposal.
8 years 5 months ago
Companies with shareholder proposals are often frustrated by what they view as offensive, or merely wrong, supporting statements that accompany the resolutions.
8 years 5 months ago
Pension money that is in a tax qualified pension plan such a Roth or IRA may be kept in a chapter 7 personal bankruptcy, provided that it does not exceed $1,171,650.

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8 years 5 months ago
In New York a debtor can file bankruptcy and keep 1 car that has no more than $4,000 of equity.

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8 years 5 months ago
On January 28, 2013, the Ninth Circuit weighed in on the travesty that is the Madoff Ponzi scheme by upholding a district court ruli

Read More from: SCG Bankruptcy Blog

8 years 5 months ago
Shortly after the U.S. Court of Appeals for the Fifth Circuit refused to enforce Vitro SAB’s Mexican plan of reorganization in the United States, Judge Harlin D. Hale of the U.S.

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8 years 5 months ago
On January 31, 2013 the United States Bankruptcy Court for the District of Delaware, Judge Shannon presiding, issued an i

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8 years 5 months ago
Companies can now obtain their ISS QuickScore via the ISS data verification site. The QuickScores will also be provided on companies’ ISS proxy research reports, and beginning the second week of March, on companies’ Yahoo! Finance page.
8 years 5 months ago
In our recent client alert, “Recent Developments in Executive Compensation,” an open question was the fate of Gordon v. Symantec Corp.
8 years 5 months ago
On December 13, 2012, Judge Vincent L. Briccetti from the United States District Court of the Southern District of New York denied the appellant Notes Trustee’s request to compel payment of an administrative expense claim.

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8 years 5 months ago
With annual meeting season looming, SEC Commissioner Luis Aguilar recently advocated for improved proxy disclosure, noting that many companies "continue to fall short of providing the robust, clear and useful disclosure required by law." Acknowledgin
8 years 5 months ago