Eleventh Circuit Relies on 19th Century Precedent to Find That Class Representative Cannot Recover Commonly-Used Incentive Award
Hunton Andrews Kurth LLP Blogs
Latest from Hunton Andrews Kurth LLP
Boston Business Journal Recognizes Chris Pardo As 40 Under 40 Honoree
The First Cryptocurrency Bank
On Wednesday, September 16, 2020, the cryptocurrency exchange Kraken Financial became the first crypto company to obtain a bank charter. The Wyoming Division of Banking approved Kraken’s application for a special-purpose depository institution (SPDI) charter, which is a new type of bank charter that Wyoming specifically designed for crypto businesses. This makes Kraken the first de novo bank chartered in the state since 2006.…
Interplay Between SEC Human Capital Rule, Compensation, D&I Initiatives and Proxy Disclosure
On Wednesday, September 30, 2020, we will be hosting a webinar entitled “The SEC’s New Human Capital Rule, Workplace Diversity and Compensation Design: Year-End Disclosures and the Board Agenda 2020”. The purpose of this webinar is to cover the SEC’s new Human Capital rule and how such disclosure will interplay and impact any diversity and inclusion (“D&I”) initiatives of the issuer. In particular, the speakers will share thoughts on how top down D&I initiatives…
Massachusetts District Court Rejects Employee Classification for Franchisees
Department of Commerce Notices on Prohibited Transactions Relating to WeChat and TikTok
On September 18, 2020, the U.S. Department of Commerce (“Commerce”) announced detailed sanctions relating to the mobile applications WeChat and TikTok. These prohibitions were issued in accordance with President Trump’s Executive Orders issued on August 6, 2020, imposing economic sanctions against the platforms under the International Emergency Economic Powers Act (50 U.S.C. § 1701 et seq.) and the National Emergencies Act (50 U.S.C. § 1601 et seq.). These orders, if they become fully effective, will…
DOE Issues Emergency Order to Address California Electricity Shortage
BREAKING: Brazilian Data Protection Law in Effect
On September 18, 2020, as confirmed by Brazilian firm Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados, Brazil’s President signed a bill from Brazil’s Congress bringing the new Brazilian data protection law (Lei Geral de Proteção de Dados Pessoais, “LGPD”) into effect with a retroactive applicability date of August 16, 2020. The LGPD’s sanctions provisions will apply beginning August 1, 2021, based on a previous delay passed by Brazil’s legislature. As we previously …
SEC Amends Environmental Disclosure Requirements
With Retail Bankruptcies on the Rise, Opportunities for Distressed M&A Increase
