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News

In re Cognizant Technology: Third Circuit adopts de novo review for failure to plead demand futility

In In re Cognizant Technology Solutions Corporation Derivative Litigation, the United States Court of Appeals for the Third Circuit, sitting en banc, overruled its prior decision in...

News

Wagner v. BRP: The Court of Chancery extends its Moelis stockholders agreement jurisprudence

In Wagner v. BRP Group Inc., the Delaware Court of Chancery further developed its jurisprudence regarding the validity of stockholders agreements that vest significant control rights in...

News

UK Supreme Court prevents employer dismissing employees with permanent pay protection

In Tesco Stores Ltd v USDAW the UK Supreme Court has reinstated an injunction stopping Tesco from dismissing and re-engaging employees on new terms to remove their contractual pay...

News

SEC, whistleblowers and impact on employment-related agreements

On September 9, 2024, the U.S. Securities and Exchange Commission announced it had settled charges against seven public companies that utilized employment and employment-related agreements...

News

Court rulings put implementation of Department of Labor Fiduciary Rule on hold

Two federal district courts in Texas have issued orders staying the implementation of the United States Department of Labor’s (DOL) 2024 Fiduciary Rule (the Final Rule) and related...

Insights and Analysis

New DOJ Whistleblower Program incentivizes reporting of health care fraud in private payer claims

On August 1, 2024, the Department of Justice (“DOJ”) launched a new Corporate Whistleblower Awards Pilot Program (“Program”) that will run through 2027. &nbs...

News

To trade or not to trade? Record fines for BHS directors shed new light on decisions in the twilight zone

When a company is in financial distress, its directors will face difficult choices. Should they trade on to trade out of the company's financial difficulties or should they file for...

News

To trade or not to trade? Record fines for BHS directors shed new light on decisions in the twilight zone

When a company is in financial distress, its directors will face difficult choices. Should they trade on to trade out of the company's financial difficulties or should they file for...

News

Texas court bars nationwide enforcement of FTC rule banning non-compete agreements

On August 20, 2024 a Texas federal judge blocked, on a nationwide basis, enforcement of the Federal Trade Commission (FTC)’s rule banning non-compete agreements (the...

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