This update provides an overview of key class action-related developments during the second quarter of 2022 (April through June).
July 28, 2022
Our lawyers discuss a proposed rule by the Employee Benefits Security Administration of the U.S. Department of Labor that would amend a longstanding regulation governing financial institutions acting as qualified professional asset managers.
July 26, 2022
On July 21, 2022, the Securities and Exchange Commission filed an insider trading case alleging for the first time that an employee’s alleged tipping of material nonpublic information for purposes of trading crypto assets constitutes securities fraud.
July 26, 2022
On July 18, 2022, the Securities and Exchange Commission announced that Jaime Lizárraga was sworn in as the SEC’s newest Commissioner following the departure of Allison Herren Lee on July 15. Our lawyers provide a summary of the current composition of SEC Commissioners.
July 22, 2022
This client alert looks at new local political contribution restrictions and reporting requirements for property owners, developers, and their respective principals while entitlement applications are in process in the City of Los Angeles.
July 21, 2022
To continue assisting US companies with planning for SEC reporting and capital markets transactions into 2023, we offer our annual SEC Desktop Calendar.
July 20, 2022
On July 15, 2022, the United States Court of Appeals for the Second Circuit held that Lorenzo v. SEC did not abrogate existing case law holding that scheme liability requires something beyond misstatements and omissions.
July 20, 2022
Gibson Dunn lawyers summarize recent False Claims Act enforcement activity, provide an overview of notable legislative and policy developments at the federal and state levels, and analyze significant court decisions from the first six months of 2022.
July 20, 2022
We are pleased to provide you with Gibson Dunn’s Accounting Firm Quarterly Update for Q2 2022. The Update addresses news on several topics of interest to auditors in complex accounting investigations and litigation.
July 14, 2022
The EU's General Court recently ruled that merger deals that do not meet national thresholds can be examined by the European Commission. The judgment is a vindication of the Commission’s approach and whilst it brings clarity on this key jurisdictional principle, it will lead to greater uncertainty for merging parties.
July 14, 2022
This client alert provides an overview of shareholder proposals submitted to public companies during the 2022 proxy season, including statistics and notable decisions from the staff of the Securities and Exchange Commission on no-action requests.
July 11, 2022
Gibson Dunn’s Supreme Court Round-Up provides the questions presented in cases that the Court will hear in the upcoming Term, summaries of the Court’s opinions when released, and other key developments on the Court’s docket.
July 11, 2022
Gibson Dunn lawyers provide a look at personal data and other privacy-related legal developments across Europe for the first quarter of 2022.
July 8, 2022
On June 30, 2022, the California Supreme Court held that an employee who brings an employment class action against a staffing agency and executes a settlement agreement releasing the agency and its agents may bring a second class action against the staffing agency’s client premised on the same violations.
July 1, 2022
On June 30, 2022, the Supreme Court held 6-3 that Congress has not delegated broad authority to EPA to substantially restructure the American energy market.
June 30, 2022
On June 24, 2022, the Hong Kong Government gazetted the Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Bill 2022. The Amendment Bill introduces changes to the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap. 615), including the introduction of a licensing regime for virtual asset services providers and imposing statutory anti-money laundering and counter-terrorist financing obligations on VASPs in Hong Kong.
June 30, 2022
Gibson Dunn’s summary of director education opportunities has been updated as of July 2022. Boards of Directors of public companies find this a useful resource as they look for high quality education opportunities.
June 29, 2022
China has finally amended its Anti-Monopoly Law, which will come into force on 1 August 2022. This client alert summarizes the main changes bought into effect by the Amended AML.
June 29, 2022
A recent amendment to Germany’s Implementing Act to the Hague Convention on the Taking of Evidence Abroad in Civil or Commercial Matters may allow for pre-trial discovery if certain conditions are met. Previously, German courts receiving a request for pre-trial discovery from a common-law jurisdiction would not execute this request – regardless of its content or origin.
June 24, 2022
The Hong Kong Court of Final Appeal has recently confirmed that for the purpose of winding up foreign companies in Hong Kong, the requirement that the winding up must benefit the petitioner can include commercial pressure (in other words, leverage) to achieve the repayment of an undisputed debt.
June 24, 2022