Corporate & Commercial

So-called “new wave” stockholder agreements that purport to meaningfully limit a board’s authority to manage a corporation got a recent stern look from the Delaware Court of Chancery in West Palm Beach Firefighters’ Pension Fund v. Moelis & Company, No. 2023-0309-JTL (Del. Ch. Feb. 23, 2024). Our colleagues Emily Yukich and Jonathan Dolgin discuss here

Early-in-the-case Rule 56 motion. Note well-dressed Brit General Counsel taking a bullet.

Rule 56

(d) When Facts Are Unavailable to the Nonmovant. If a nonmovant shows by affidavit or declaration that, for specified reasons, it cannot present facts essential to justify its opposition, the court may:

(1) defer considering the motion or deny it;
(2)

On March 21, 2024, the US Commerce Department’s Bureau of Industry and Security (“BIS”) published a final rule (“Final Rule”) revising and expanding the end-user controls under Part 744 of the Export Administration Regulations (“EAR”). Specifically, the Final Rule expanded end-user controls applicable to certain persons identified on the List of Specially Designated Nationals and

The winds of change continue to swirl in the world of international sanctions enforcement.  Governments around the globe are imposing new sanctions at a rapid pace and ramping up their efforts to crack down on violations.

At Baker McKenzie, the Global Sanctions Investigations Group understands that navigating the ever-evolving sanctions landscape can feel like walking

Corporate & Commercial Blogs