An appellate court interpreted a writ that ordered an agency to vacate certification of an EIR in part and file a final return to the writ “upon certification of a revised EIR” to require an assessment of the adequacy of
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Upcoming Webcast: “Proxy Season Deep Dive – 20 Things”
Join us on Tuesday, June 25th for a webcast – “Proxy Season Deep Dive – 20 Things” – to hear Perkins Coie’s Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics’ Steve Pantina as they cover what happened during…
The IASB Giveth, and the SEC Potentially Taketh Away: SEC Staff Addresses Reduced Level of Subsidiary Disclosures for Certain Foreign Private Issuers
Recently, SEC Corp Fin Director Erik Gerding and Chief Accountant Paul Munter took the fairly unusual step by issuing this joint statement about how to apply new IFRS 19 to SEC filings made by certain subsidiaries of foreign private issuers…
States Begin To Regulate AI in Absence of Federal Legislation
Here is the teaser about this Client Update: “Since the European Union seized the early global lead in regulating artificial intelligence, the U.S. Congress has made noise about the need for federal AI legislation, but progress has been slow.…
Washington Expands Equal Pay Law To Cover All Protected Classes
Washington Governor Jay Inslee signed into law Substitute House Bill 1905 on March 28, 2024, broadening the scope of Washington’s Equal Pay and Opportunities Act (EPOA).
Since 1943, the Washington EPOA prohibited sex- and gender-based pay discrimination. The new EPOA…
First-Ever Declination Under DOJ NatSec Corporate Enforcement Policy: DOJ Signals Willingness to Meaningfully Credit Voluntarily Self-Disclosing and Cooperative Company Involved in Export Control Violations
On May 22, 2024, the Department of Justice (“DOJ”) made a groundbreaking announcement that it declined prosecution of a biochemical company based on the company’s prompt voluntary self-disclosure of an employee’s export control violation and the company’s “exceptional” cooperation with…
Clarifying Guidance on Abundance-of-Caution Disclosures under SEC Cybersecurity Rule
As Allison Handy noted on our Public Chatter blog, Erik Gerding, the Director of the U.S. Securities and Exchange Commission (SEC) Division of Corporation Finance, issued a statement on May 21 clarifying public companies’ obligations to disclose cybersecurity incidents under…
Notable Ruling Roundup
Our notable ruling roundup aims to keep our readers up to date on recent rulings in the food & consumer packaged goods space.
Selina Valencia v. Snapple Beverage Corp., No. 23-cv-1399 (CS) (S.D.N.Y. – March 18, 2024): The Southern District of…
Corp Fin Director Erik Gerding Issues “Cyber Materiality” Statement
Yesterday, Corp Fin Director Erik Gerding issued a statement to clarify that a company should not file Form 8-K under Item 1.05 in connection with a cybersecurity incident that it has determined is not material or for which it has…
Upcoming Webcast: “Proxy Season Deep Dive – 20 Things”
Join us on Tuesday, June 25th for a webcast – “Proxy Season Deep Dive – 20 Things” – to hear Perkins Coie’s Allison Handy, Kelly Reinholdtsen and Broc Romanek and Proxy Analytics’ Steve Pantina as they cover what happened during…