In 2016 Congress passed the Defend Trade Secrets Act, creating a federal cause of action for the theft of trade secrets. For a plaintiff attempting to prove that the information at issue is a trade secret, there is a tendency to focus only on the information itself, rather than the manner in which the plaintiff...… Continue Reading
On Wednesday, the SEC proposed amendments to its disclosure requirements for public companies based on recommendations in the staff’s FAST Act Report and as part of a broader review of the disclosure system. The comment period is open for sixty days.
The WSJ fairly characterized the changes as “modest and technical,” and Commissioner Piwowar is quoted as saying the amendments are intended to be incremental. Our client memo describing all of the proposed reforms will be issued shortly. The main areas that would impact periodic reporting and do not relate to securities offerings include:
You may not need to describe any properties. Continue Reading
On October 12, 2017, Global Affairs Canada published a Consolidated Special Economic Measures Act Sanctions List. Before today, Canadian companies had to review each regulation promulgated under the Special Economic Measures Act when conducting due diligence. However, and this is important, the Global Affairs Consolidated Special Economic Measures Act Sanctions List does not include sanctions... Continue Reading
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