Sidley Perspectives on M&A and Corporate Governance

Sidley is pleased to share the June 2024 issue of Sidley Perspectives on M&A and Corporate Governance, a quarterly newsletter designed to keep you current on what we consider to be the most important legal developments involving M&A and corporate governance matters.

ANALYSIS

• Shaping the Board Agenda in a Dynamic Environment
• The U.S. FTC Voted to Ban Noncompetes. What Happens Now?

JUDICIAL DEVELOPMENTS

• Even After MultiPlan, Pleading Standards Still Have Teeth in SPAC Cases
• Carvana Special Litigation Committee Drives Away Derivative Case
• “No Better Than a Racket”: Seventh Circuit Cracks Down on Merger Objection Strike Suits
• U.S. Supreme Court Holds That “Pure Omissions” in MD&A Are Not Actionable Under Exchange Act Rule 10b-5(b)

LEGISLATIVE DEVELOPMENTS

• Proposed DGCL Amendments Seek to Address Issues Raised by Delaware Chancery Court Decisions

SEC DEVELOPMENTS

• SEC Issues CDIs About Form 8-K Disclosure Requirements for Cybersecurity Incidents Involving Ransomware Attacks
• SEC Corp Fin Director Provides Guidance Regarding Form 8-K Cybersecurity Incident Disclosures
• Recent Remarks and Enforcement Actions Illustrate SEC’s Increasing Scrutiny of AI Disclosures

ANTITRUST DEVELOPMENTS

• Significant Changes to Hart-Scott-Rodino (HSR) Premerger Notification Form Expected Soon

Current and past issues of Sidley Perspectives on M&A and Corporate Governance are available on our website. View the June 2024 issue here.

If you have any questions regarding this issue of Sidley Perspectives or suggestions for topics to be covered in future issues, please contact the Sidley lawyer with whom you usually work or Claire Holland, the editor of the newsletter, at cholland@sidley.com.