Corporate, Securities, And Governance

This U.S.-focused article will examine the ATP Tour, Inc. v. Deutscher Tennis Bund, 91 A.3d 554 (Del. 2014) decision and the pending legislation in Delaware that prohibits a fee-shifting bylaw. Next, it will discuss some considerations that Delaware corporations should remember when choosing whether to take the risk in adopting such an amendment to their company bylaws. Finally, this article provides a recommended approach to the fee-shifting bylaw dilemma.

This publication has been prepared to provide an overview to foreign investors and business people who have an interest in doing business in Asia.

This article examines the key disclosure issues and challenges facing companies during the 2013 proxy season and provides examples of company responses to these issues taken from proxy statements filed during the first half of 2013.