It’s been 12 years in the making, but the SEC has finally released rules to implement the “pay versus performance” disclosure required by Section 953(a) of the Dodd-Frank Act. The new disclosure of the relationship between executive compensation “actually paid” and financial performance is required to be included in proxy statements or information statements for fiscal years ending on or after December 16, 2022 and is therefore effective for the upcoming 2023 proxy season. For a…
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Recent
In welcome news, Delaware recently amended its General Corporation Law (DGCL) to increase flexibility for delegating share award…
The question of mid-offering period changes to employee stock purchase plans (ESPPs) has been coming up with unusual…
On December 15, 20211, the Securities and Exchange Commission (“SEC”) issued proposed rules that would significantly impact Rule…
On Nov. 29, 2021, the staff of the U.S. Securities and Exchange Commission (SEC)’s Office of the Chief…
There has recently been a great deal of interest in the grant of a profits interest. A profits…
The Baker McKenzie global pensions team is delighted to announce the launch of the Global Pensions Heatmap. The…