The following is the first in a series of Brown Rudnick Client Alerts regarding the growing regulatory focus on environmental, social and governance ("ESG") disclosure and reporting standards, as well as the increased need for implementation of related ESG policies and compliance framework initiatives...

Although an audit firm might not be the first place you'd look for advice on board behavioral psychology, here's an exception: a really interesting article from PwC about board dynamics and psychological biases that can impede boards from optimal performance and decision-making...

Executive compensation is a hot-button issue, correlated both to tremendous growth in financial wealth and to rising inequality. In this episode of Law, Policy & Markets, Milbank  Global Project Energy & Infrastructure Finance partner   Allan Marks and  Executive Compensation and Employee Benefits partner  Mike Shah discuss current trends in executive compensation, including...

Since the mid-1990s, lenders on hotels and resorts have generally required their borrowers to transfer the asset being financed into a "single purpose" LLC or other "bankruptcy remote" entity sometimes respectively referred to as an "SPE" and "BRE."...

The COVID-19 outbreak – now officially categorized by the World Health Organization as a global pandemic – has quickly developed into a historic public health crisis. As the response to the COVID-19 pandemic evolves and companies take action to address the impacts of the pandemic on their businesses...

As an alternative, companies could include the new disclosure in a proxy section discussing general corporate governance best practices or next to ...

Shareholder engagement continues to be an important consideration for companies in communicating their long-term strategy and deepening relationships with their investors, and boards are becoming ever more involved in the process...

But to prevent the inappropriate or excessive use of company resources ... service to fellow shareholders by promoting good corporate governance .' ".

One of the big corporate governance related stories last month was the settlement agreement between the Securities and Exchange Commission ...

As you know, topics related to corporate social responsibility have ... on Corporate Governance and Financial Regulation, a coalition of investors, ...

The effectiveness attributes in the chart above are based on the company in question's governance practices compared to the corporate governance ...

Moreover, "many improvements in U.S. corporate governance practices would not have occurred without a robust shareowner proposal process in ...

In particular, the court disapproved of the director going "straight to shareholders" with what he said were corporate governance concerns, rather than ...

In compliance with Law 56, regulated entities shall provide in their corporate governance manuals, good practices related to the designation of board ...

The UK Corporate Governance Code notes the importance of directors – particularly non-executive directors (NEDs) – being able to dedicate enough ...

Investors Are Challenging Companies On Board Diversity In 2017, investors challenged many public company boards 1 to improve their gender, racial, and ethnic diversity. 2 Institutional investors, such as CalPERS 3 and NYC Pension Funds, 4 as well as large mutual fund companies, such as State Street Global Advisers and BlackRock, Inc., 5 have made their message very clear to existing boards: make reasonable commitments and progress toward adding women and minorities to your board, or be prepared to be challenged for re- election. One investor explained to me that gender diversity was the initial ...

There are various ways by which independent oversight can be introduced to partnership fund structures, but the most common approach we see is for the partnership to establish an independent management committee. Such management committees must be distinguished from advisory committees, ...

Board diversity is being actively considered and encouraged by regulators, corporate governance groups and investors, both in the United States and internationally, and the current focus on board diversity is likely to continue. Companies should review the applicable diversity-related obligations in their ...

An old debate in corporate law is about the role, and control, ... right, one that is complementary to other best-practice corporate governance features...

While this legislation focused principally on changes to the financial regulatory system, several corporate governance and compensation provisions of ...

Although the rule allows a company to choose a methodology based on that ... of executive compensation and related corporate governance issues...

The publication of the UK Government's Corporate Governance Reform Green Paper 1 (the Green Paper) demonstrates that the UK has a legislative ...

The UK Corporate Governance Code recommends that boards should ... In theory, having well documented procedures for a governance review ...