Insights Conversations: DOJ Enforcement Priorities
Former U.S. attorney Jessie K. Liu recently joined Skadden from her role overseeing the U.S. Attorney’s Office in Washington, D.C. Litigation partners Bradley A. Klein and Gregory M. Luce discussed with Jessie the Department of Justice’s current enforcement priorities, including some that may result in new False Claims Act risks for individuals and entities to consider heading into 2021.
Future-Proofing: How To Plan a Successful Exit
Ensuring that a company’s venture financing documentation provides for a smooth and orderly exit is more essential than ever in the current volatile economic climate. Founders and their companies should consider several key points to avoid unintended consequences as they approach an exit.
When Arbitration Meets Bankruptcy: Considering Arbitration Options in the Wake of a Growing Rise in Corporate Insolvencies
Companies with arbitration clauses in their commercial agreements may wish to consider the impact of insolvency on their options for pursuing pending or future arbitrations, especially as the long-term effects of COVID-19 play out as more companies consider restructurings.
Planning Ahead: Virtual Shareholder Meetings in the 2021 Proxy Season
Although the future of the COVID-19 pandemic and the prospects for in-person shareholder meetings are unclear, companies have the ability to plan for virtual shareholder meetings in a more orderly and methodical fashion than they did for 2020 meetings. Companies may want to engage with their shareholders now to obtain investor feedback and prepare for “virtual proxy season 2.0.”
Topics Panel Section
Despite the business interruption COVID-19 has caused, especially early in the year, the European high-yield market remains strong. Adaptation to the current environment and innovation in bond terms and covenants continue to characterize the high-yield market in these unparalleled times.European High-Yield Market Responds to COVID-19
With the Black Lives Matter movement and issues of racial equality more generally continuing to resonate, many employers are working to meaningfully enhance their approaches to attracting and retaining a diverse workforce.Developing a Diverse Workforce
Companies can expect to see shareholder derivative litigation related to allegations surrounding COVID-19 and structural racism filed over the next year. Boards are well advised to actively monitor the company’s response to and disclosures on those issues to minimize their risk of exposure to such suits.Shareholder Derivative Suits Likely To Extend to COVID-19, Racial Equality
The Trump administration has reversed the FDA's position on its oversight of laboratory-developed tests, stating that such tests would not be subject to premarket review. Laboratories must now decide whether to voluntarily seek an emergency use authorization from the FDA for their tests or proceed without it. This latest development makes clear that lasting guidance is necessary for all parties to navigate the world of such tests with some measure of certainty, both during COVID-19 and beyond.FDA Oversight of Laboratory-Developed Tests Continues To Evolve
Within Three Months, a Second California State Court Enforces a Federal Forum Charter Provision for Securities Act ClaimsNovember 25, 2020
HHS-OIG Signals Increasing Skepticism of Speaker Programs, Identifies Practices That Raise Compliance Red FlagsNovember 23, 2020
SEC Adopts Rules To Allow Use of Electronic SignaturesNovember 20, 2020