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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 Russia's invasion of Ukraine. The guidance includes a list of disclosure considerations, as well as a…

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…

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…

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…

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 —the plaintiff, a stockholder of Universal Health Services, Inc. (UHS…