Posts
July 17 2024
Nasdaq Seeks To Tighten Delisting Rules Governing SPACs
Nasdaq is proposing to strengthen its rules governing delistings and trading suspensions of special-purpose acquisition companies that fail to complete mergers within 36-month deadlines or that violate other listing standards.
www.law360.com
July 17 2024
Bruised SPAC Market Pins Revival Hopes On Veteran Backers
More special-purpose acquisition companies are conducting initial public offerings, mostly backed by dealmakers who have completed prior mergers, bringing life to a listings market that was largely barren over the past year.
www.law360.com
July 11 2024
Client Alert: Pennsylvania Court May Enjoin FTC Noncompete Rule Nation-Wide After Texas Decision
As predicted, a Texas federal court issued a preliminary injunction preventing a Federal Trade Commission (“Commission” or “FTC”) rule banning most employee noncompetition agreements (the “Noncompete Rule”), from going into effect. However, the preliminary injunction applies only to the plaintiffs before that court. The court has promised a ruling on the merits by August 30, 2024, six days before the Noncompete Rule is scheduled to go into effect on September 4, 2024.
Click here to read the alert.
June 28 2024
4 Things To Know As New SPAC Rules Take Effect
The U.S. Securities and Exchange Commission’s new rules governing special-purpose acquisition companies take effect on Monday, marking an expansive attempt to strengthen oversight of SPAC deals, albeit scaled back from the agency’s original proposal.
www.law360.com
June 14 2024
Client Alert: California’s Workplace Violence Prevention Plan
Beginning July 1, 2024, covered California employers must establish, implement, and maintain a written Workplace Violence Prevention Plan (“WVPP”) either as part of their Injury and Illness Prevention Plan, or maintained as a separate document.
Click here to read the alert.
June 07 2024
Client Alert: Upcoming New York Primary Election Imposes Obligations on Employers
With New York’s upcoming primary election on June 25, 2024 (“Election Day”), employers face obligations regarding employee voting rights. Employers must post the New York Time Off to Vote Notice (“Notice”), which can be found here, by no later than June 15, 2024. The Notice should be posted in a location where it can be seen as employees come or go in the workplace.
Click here to read the alert.
June 06 2024
Client Alert – Reminder: NYC Workers’ Bill of Rights Notice Must Be Distributed to Employees Beginning July 1, 2024
As previously reported in January and March, New York City employers will soon need to post and distribute to their employees a “Know Your Rights at Work” notice. As the July 1, 2024 deadline is fast approaching, New York City employers should take steps to ensure that they are prepared to timely post and distribute the Notice. Failure to do so may expose employers to costly fines.
Click here to read the alert.
May 22 2024
Blank-check firm Admiral to buy North America’s Acuren in $1.85 bln deal
Admiral Acquisition (ADMR.L), will buy North American engineering and lab-testing services provider Acuren in a $1.85 billion deal, the blank-check company co-founded by dealmaker Martin E. Franklin said on Wednesday.
www.reuters.com