NEWS 
INSIGHTS
Noteworthy developments affecting our firm, industries and clients.
INSIGHTS
PRESSURE RAMPS UP FOR BOARD AND WORKFORCE DIVERSITY IN PUBLIC COMPANIES: START THINKING ABOUT NEXT YEAR’S PROXY STATEMENT NOW
Last month, State Street Global Advisors followed up on its ESG (environmental, social and governance) initiative and disclosed that it has sent letters to boards of public companies in its investment portfolio regarding its expectations for board and workforce diversity in coming years. This comes on the heels of State Street’s announcement earlier this year that it will “take appropriate voting action” against board members at large US, UK, Australian, Japanese, German and French companies that do not score well on State Street’s “responsibility factor,” a metric it introduced in 2019 that measures how well companies do on various ESG issues.
September 15, 2020
INSIGHTS
SEC EXPANDS DEFINITIONS OF “ACCREDITED INVESTOR” AND “QUALIFIED INSTITUTIONAL BUYER,” EASING RESTRICTIONS ON PRIVATE CAPITAL RAISING
On August 26, 2020, the Securities and Exchange Commission adopted amendments to the definitions of “accredited investor” in Rule 501(a) of Regulation D under the Securities Act of 1933, as amended, and “qualified institutional buyer” in Rule 144A under the Securities Act.
September 2, 2020
INSIGHTS
Reminder: Female and Minority Directors Report Now Required for Illinois-Headquartered Public Companies
July 1, 2020
NEWS
Ex-Big Law Laywers Expand Chicago Corporate Boutique as Pandemic Hits Larger Firms
May 27, 2020
NEWS
Does New Guidance Make PPP Loans Viable for U.S. Subsidiaries (of Foreign Parents)?
May 15, 2020
NEWS
The Coronavirus Aid, Relief, and Economic Security (CARES) Act and Aid for Businesses
March 27, 2020
NEWS
Geoffrey R. Morgan appointed to Financial Accounting Standards Board (FASB) Small Business Advisory Committee
March 26, 2020
INSIGHTS