ARTICLES & INSIGHTS
NASDAQ proposes amendment to its one dollar minimum bid requirement
The purpose of this news alert is twofold: First, to give a short description of the Nasdaq Stock Market Inc. (“Nasdaq”) proposed amendment to its
Rule 144 Rule Revisions
Rule 144 under the Securities Act of 1933 creates a safe harbor for the sale of securities under the exemption set forth in Section 4(1)
SEC Alert: Use of XBRL in Financial Statements
SEC Alert: Use of XBRL in Financial Statements 27/06/2008SRK Law OfficesComments Offon SEC Alert: Use of XBRL in Financial Statements The Securities and Exchange Commission
SEC Alert: Replacement of EDGAR with the IDEA System
The SEC has recently announced plans to replace the EDGAR system, its document filing database system, with a new system known as IDEA, which is
SEC Alert: Foreign Issuer Reporting Enhancements
The SEC has recently adopted several amendments to the rules relating to foreign private issuers that are intended to enhance the disclosure that foreign private
SEC Alert: IFRS Roadmap
The SEC has recently proposed a Roadmap for the potential use by U.S. issuers of financial statements prepared in accordance with International Financial Reporting Standards
SEC Alert Amendments to Rules Requiring Internet Availability of Proxy Materials
As part of the Securities and Exchange Commission’s (SEC) continuing review of the proxy disclosure and solicitation process, the SEC has recently proposed changes to
SEC Alert: Facilitating Shareholder Director Nominations
With an eye towards facilitating “the effective exercise of shareholders’ traditional state law rights to nominate and elect directors to company boards of directors,” the
SEC Alert: Listing Standards Relating to Compensation Committees
The SEC recently issued proposed rules to implement the provisions of Section 952 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010
SEC Alert Say-on-Pay and Say-on-Frequency Votes
The SEC recently issued proposed rules to implement the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) that mandate
SEC Alert: The JOBS Act
In the beginning of April, President Obama signed into law the Jumpstart Our Business Startups Act (the “JOBS Act”). The JOBS Act’s stated purpose is
Eliminating the Prohibition on General Solicitation
SEC Alert Eliminating the Prohibition on General Solicitation By: Steve Kronengold, David C. Zuckerbrot and Yehuda Kronengold © July 2013 All rights reserved Introduction
SEC Alert: Eliminating the OTCBB
SEC Alert Eliminating the OTCBB By: Steve Kronengold and David C. Zuckerbrot © December 2014 All rights reserved Introduction On October 7, 2014, the SEC
SEC Alert: Regulation A+
SEC Alert: Regulation A+ By: Steve Kronengold and David C. Zuckerbrot © June 2016 All rights reserved Introduction On March 25, 2015, the Securities and Exchange
NASDAQ proposes amendment to its one dollar minimum bid requirement
The purpose of this news alert is twofold: First, to give a short description of the Nasdaq Stock Market Inc. (“Nasdaq”) proposed amendment to its
NASDAQ Relaxes $4 Bid Price Listing Standard
On April 18, 2012, the SEC approved a rule change proposed by The NASDAQ Stock Market LLC (“NASDAQ”), establishing an alternative to the historical $4
Online Copyright Infringement Liability
Media conglomerate Viacom Inc. has recently filed a $1 billion lawsuit against Google Inc. and its Internet video sharing site YouTube, alleging infringement of Viacom’s
SEC Alert: One-Year Extension for Small Businesses from the Section 404(b) Auditor Attestation Requirement
On June 20, 2008, the SEC announced that it approved a one-year extension of the compliance date for smaller public companies to meet the Section
Taking a Public Company Private
Do the advantages of being a public company outweigh the disadvantages? For an increasing number of public companies, the answer to that question may be
SEC Rule Change: Internet Availability
Last week, on June 20, 2007, the SEC adopted a new mandatory Internet availability model whereby shareholders are granted the option to choose the means
SEC Alert Amendments to Rules Requiring Internet Availability of Proxy Materials
As part of the Securities and Exchange Commission’s (SEC) continuing review of the proxy disclosure and solicitation process, the SEC has recently proposed changes to
Online Copyright Infringement Liability
Media conglomerate Viacom Inc. has recently filed a $1 billion lawsuit against Google Inc. and its Internet video sharing site YouTube, alleging infringement of Viacom’s
Open Source Copyright Infringement
In Jacobsen v. Katzer and Kamind Associates, Inc., the United States Court of Appeals for the Federal Circuit, in a decision issued on August 13,
Association for Molecular Pathology v. Myriad Genetics
By: Steve Kronengold, Simone Wolf and Yehuda Kronengold © October 2013 All rights reserved Introduction In Association for Molecular Pathology v. Myriad Genetics, Inc., 569 U.S.
Hi-Tech Commercial Contract Issues
The purpose of this article is to highlight four relatively heavy areas of negotiation that invariably arise in negotiating commercial licensing agreements. The areas of
Israel’s “Angels Law”
By: Steve Kronengold, David C. Zuckerbrot, and Asaf Naymark © June 2016 All rights reserved Introduction Section 20 of the 2011-2012 Economic Policy Law (Amendment
SEC Review of Executive Compensation Disclosure
In October, the SEC’s Division of Corporation Finance completed its initial review of the executive compensation and related disclosure of 350 public companies under the
SEC Alert Say-on-Pay and Say-on-Frequency Votes
The SEC recently issued proposed rules to implement the provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”) that mandate
Maintaining Director Independence
Over the last several years there has been heightened federal legislation and administrative rulemaking relating to the supervision and oversight of public companies. In light
NYSE Corporate Governance Update
Among other proposed changes, NYSE would require management to address concerns raised by the investing public at large irrespective of whether they are shareholders of
Proxy Disclosure Enhancements
In an effort to “improve the disclosure around risk, compensation, and corporate governance, thereby increasing accountability and directly benefiting investors,” the SEC approved amendments to
Eliminating the Prohibition on General Solicitation
Introduction The Securities Act of 1933 prohibits a company from offering or selling its securities without registering such securities with the SEC or using an