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

SEC Risk Alert: Key Take-Aways for Private Fund Advisers
July 21, 2020

NEWS

Timothy Knudsen Selected Among Crain’s 2020 “Notable LGBTQ Executives”
July 13, 2020

INSIGHTS

Reminder: Female and Minority Directors Report Now Required for Illinois-Headquartered Public Companies
July 1, 2020

INSIGHTS

Update on the Paycheck Protection Progam Under the CARES Act
June 25, 2020

INSIGHTS

The 2020 Market Break: Key Take-Aways for Fund Managers
June 8, 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

SEC Provides Guidance on Covid-19 Reporting Relief
May 11, 2020

NEWS

Home Equity Financing Fintech Noah nabs $150m in funding
April 22, 2020

NEWS

Updates on the Paycheck Protection Program under the Cares Act
April 6, 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

COVID-19 Bulletin
March 20, 2020

INSIGHTS

Client Brief | SEC Proposes Amendments to Increase Access to Private Capital Markets
December 23, 2019

INSIGHTS

Client Alert | Preparing for the 2020 Proxy Season
October 30, 2019

INSIGHTS

Client Brief | SEC Expands “Testing-the-Waters” Rule Beyond Emerging Growth Companies
October 30, 2019

INSIGHTS

Notable Recent Amendments to the Deleware General Corporation Law
September 27, 2019