More Finance Articles

Finance

Delaware Award Guides Special Committees On Controlling Stockholder Transactions

On October 14, 2011 Chancellor Leo Strine of the Delaware Court of Chancery awarded $1.263 billion to Southern Peru Copper Corp. ("Southern Peru") following trial of a derivative lawsuit against a controlling stockholder of Southern Peru and certain of its affiliates who served as...

Read More

Finance

Federal Reserve Issues Final Rule For Compliance With The Volcker Rule

New Regulatory Developments The Federal Reserve Board (the "Board") has adopted a final rule (the "Final Rule") implementing the timeframe for banking entities to come into compliance with the prohibitions and restrictions on proprietary trading and investment in private...

Read More

Finance

SEC And Federal Reserve Board Issue Final "Push-out" Rules

The SEC and Federal Reserve Board recently adopted a single set of final rules that implement certain of the exceptions for banks from the definitions of "broker" and "dealer" under the Securities Exchange Act of 1934. These final rules do not effect a material change to...

Read More