The Nevada District Court recently clarified that the business judgment rule — a fundamental corporate law protection — applies to limited liability companies when their operating agreements specify fiduciary duties. The...more
8/14/2025
/ Business Court ,
Business Disputes ,
Business Entities ,
Business Judgment Rule ,
Business Litigation ,
Contract Terms ,
Corporate Governance ,
Duty of Loyalty ,
Exculpatory Clauses ,
Fiduciary Duty ,
Limited Liability Company (LLC) ,
Nevada ,
Operating Agreements ,
Statutory Interpretation
On July 1, 2025, the U.S. Court of Appeals for the District of Columbia Circuit ended more than five years of uncertainty and confusion by ruling that proxy voting advice issued by proxy advisors is not a “solicitation” under...more
7/9/2025
/ Appellate Courts ,
Corporate Governance ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
First Amendment ,
Institutional Shareholder Services (ISS) ,
New Legislation ,
Proxy Advisors ,
Proxy Voting ,
Securities Exchange Act ,
Securities Exchange Act of 1934 ,
Securities Regulation ,
State and Local Government ,
State Legislatures ,
Texas