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Compliance Reminder: SEC Disclosure Considerations Arising from Russia's Invasion of Ukraine

Many public companies are beginning preparations for filing quarterly reports on Form 10-Q for the second quarter of calendar 2022. As they do so, they should review and consider the U.S. Securities and Exchange Commission (SEC) guidance for public companies regarding disclosures pertaining to Russias invasion of Ukraine. The guidance includes a list of disclosure considerations, as well as a…
Wilson Sonsini Exchange Commission W Sgr Ilson Sonsini Goodrich Amp Rosati Ilson Sonsini Goodrich And Rosati Antitrust Law
Source: wsgr.com

FDA Issues Guidance on Importing Drugs from Canada

On May 25, 2022, the U.S. Food and Drug Administration (FDA) issued a guidance document intended to help pharmacists and wholesale drug distributors understand and comply with its final rule regarding the import of certain prescription drugs from Canada. The 2020 final rule, titled "Importation of Prescription Drugs," implemented Sections 804(b) through (h) of the Federal Food, Drug, and Cosmetic…
United States Health Canada Products Food Branch Human Services University Of Florida Drug Administration
Source: wsgr.com

Firm Advises Silicon Valley Clean Energy on 24/7 Carbon-Free Energy Agreement with Google

On June 15, 2022, Silicon Valley Clean Energy (SVCE) and Google announced that they have completed an agreement to create a fundamentally new 24/7 renewable energy service that features hourly renewable energy matching, integrated demand management, and a commitment to ongoing community investments in local building and transportation electrification. Under the 10-year agreement, SVCE will serve…
United States Mountain View Wilson Sonsini Goodrich Rosati Wilson Sonsini Keyes Fox Free Energy
Source: wsgr.com

Wilson Sonsini Continues to Build in Boulder as Brent Fassett Joins Corporate Practice

Fassett Joins Wilson Sonsini’s Colorado Office as a Partner; Firm Continues to Grow Its Corporate Life Sciences Practice and Its Mountain West Region Presence Contact:Kelsey DellovoBaretz+Brunelle339.223.0961 Mobilekdellovo@baretzbrunelle.com PALO ALTO, CA (June 14, 2022) – Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises…
United States Elyse Blazevich Wilson Sonsini Goodrich Rosati Kelsey Dellovo Brent Fassett Doug Clark
Source: wsgr.com

Delaware Courts Continue Strict Review of Compensation Matters; Practical Advice on Decision-Making Processes

On April 27, 2022, Vice Chancellor Sam Glasscock of the Delaware Court of Chancery issued an opinion, on a motion to dismiss, addressing several important governance topics about director and officer compensation—including where some members of management might constitute controlling stockholders. In this case—Knight v. Miller 1 ā€”the plaintiff, a stockholder of Universal Health Services, Inc. (UHS…
United States Mark Miller Amy Simmerman Sam Glasscock David Thomas Jason Schoenberg
Source: wsgr.com

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California Privacy Protection Agency Releases Draft CPRA Regulations - Key Takeaways

On May 27, 2022, the California Privacy Protection Agency (CPPA) released a much-anticipated first draft of some of the anticipated regulations implementing the California Privacy Rights Act (CPRA).1 The release accompanied the CPPA’s announcement of its next public meeting on June 8, 2022, where the agency will, among other agenda items, consider possible action regarding the draft regulations…
United States Wilson Sonsini Goodrich Rosati Clinton Oxford California Privacy Protection Agency California Privacy Rights Act Initial Statement
Source: wsgr.com

Wilson Sonsini Powers Up Its Energy Practice With The Addition of Elise Zoli In Boston

Zoli Joins Wilson Sonsini as a Partner as the Firm Expands Its Focus on Energy and Climate Solutions; She Formerly Led the Energy, Renewables & Sustainability Group at Another Global Law Firm Contact:Kelsey DellovoBaretz+Brunelle339.223.0961 Mobilekdellovo@baretzbrunelle.com PALO ALTO, CA (June 7, 2022) – Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life…
United States Wilson Sonsini Goodrich Rosati Elise Zoli Peter Mostow Kelsey Dellovo Doug Clark
Source: wsgr.com

Washington's Silenced No More Act Significantly Limits Scope of Employment Agreements

Companies with employees or independent contractors who work or reside in Washington State should take heed that Washingtons Silenced No More Act (the act) goes into effect on June 9, 2022. The act places substantial limits on what may be included in some of the most common agreements that employers enter into with their workers. On and after June 9, 2022, employers could find that their existing…
United States Rachel Herrington Wilson Sonsini Jason Storck Joseph Horne Washington State
Source: wsgr.com

California Court Upholds Right to Rent Physical Media

On April 28, 2022, the U.S. District Court for the Central District of California granted the defendants motion for summary judgment, holding that, taking facts in the light most favorable to the plaintiff, defendant Kineticflix LLC did not violate plaintiff Alla Anatoleyvna Zorikovas copyright when Kineticflix rented physical copies of Zorikovas ballet instructional DVD. The court held that…
United States Wilson Sonsini Anatoleyvna Zorikova Kristina Wangandbrian Levycontributed Gary Greenstein Viktor Kabaniaev
Source: wsgr.com

CDER Launches the ARC Program to Expedite Treatment Options for Rare Diseases

In May 2022, the Center for Drug Evaluation and Research (CDER) of the U.S. Food and Drug Administration (FDA) announced the launch of a new program for expediting the development of new treatment options for rare diseases—Accelerating Rare disease Cures (ARC) Program.1 The FDA considers a disease that affects fewer than 200,000 people in the U.S. a rare disease, and estimates that more than 30…
Evaf Yincontributed Critical Path Institute Drug Administration Drug Or Rare Pediatric Disease Designation Program Drug Evaluation Accelerating Rare
Source: wsgr.com

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