Our 4th annual “M&A, Antitrust and the Board Room: Challenges and Conundrums for the West Coast” conference will occur in San Francisco on February 15. For a listing of confirmed topics, participants and speakers, click here. If you are interested in attending or would like additional information, contact RSVP@cgsh.com.
Cleary Gottlieb
Selected Issues for Boards of Directors in 2018
2017 began with a heightened level of uncertainty as the beginning of the year brought significant change in the legal environment, including a change in administration that promised to significantly alter the tenor of regulation. While certain changes did occur in 2017, in many respects, 2018 is setting itself up as the year to watch…
Cleary Gottlieb – M&A-Telegram Germany 2017
The German M&A market has remained robust in 2017. While the number of transactions has fallen, transaction volumes remain significant. Testament to this were the agreed merger of Siemens’ rail operations with Alstom, the acquisition of Bayer’s seeds and herbicides business by BASF, the Stada takeover, General Motors’ sale of Opel to PSA or the…
Tax Cuts and Jobs Act Includes Significant Executive Compensation Changes, But Employers Should Proceed Incrementally in Revising Compensation Plans
The recently proposed Tax Cuts and Jobs Act (the “Act”) includes executive compensation tax reforms that, if enacted, would have significant implications for the way in which companies structure their compensation programs.
The Act was introduced in the U.S. House of Representatives on November 2, 2017, and may undergo significant revisions as part of the…
New York City Commission on Human Rights Issues Salary History Guidance
The New York City Commission on Human Rights (the “CCHR”) recently released guidance on the New York City salary history law (the “Law”) in the form of frequently asked questions. The guidance clarifies several aspects of the Law, including the application of the Law in the context of corporate acquisitions and the ability of employers…
Cleary Gottlieb – M&A-Telegram Germany Q3/2017
The German M&A market has fared well over the summer. The Bain/Cinven consortium successfully closed its takeover bid for Stada at the second attempt. Linde shareholders can now accept the exchange offer to merge with Praxair and the Hong Kong-based CK Group wins out in the bidding for smart-metering specialist ista. Toward the end of…
Risks Arising from Subordinating Claims under Deferred Compensation Plans
A recent ruling in the ongoing Lehman Brothers bankruptcy case serves as an important reminder about the risks of deferred compensation.
The ruling, issued by Judge Shelley C. Chapman of the U.S. Bankruptcy Court for the Southern District of New York, involved employee claims for payment of deferred compensation under the Lehman Brothers’ (formerly known…
Cleary and PwC Present: The Executive Compensation Series
Cleary Gottlieb and PwC’s Governance Insights Center have teamed up to create the Executive Compensation Series, which looks at the factors motivating boards to increasingly engage with shareholders about executive compensation.
The July and April editions can be found here and here, and a list of past editions can be accessed here.
2017 Securities and M&A Litigation Mid-Year Review
Cleary Gottlieb’s “2017 Securities and M&A Litigation Mid-Year Review” discusses major developments so far this year and highlights significant decisions and trends ahead. In the first half of 2017, the U.S. Supreme Court decided securities cases concerning the application of statutes of repose and the five-year statute of limitations for penalties, and granted petitions for…
Key Takeaways: Blockchain and FinTech Opportunities
We were happy to see many of you at our “Blockchain and FinTech Opportunities” conference on Thursday, July 13.
If you were unable to attend or would like to review a recap of the event, key takeaways from the day’s discussions and videos of the panels can be found here.
Please do not hesitate…