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SEC proposed to amend its rules to require issuers to disclose share repurchases on a new Form SR which must be furnished before the end of the first business day on which the share repurchase has been executed. Unfortunately, this requirement is fraught with ambiguities.
The Tiger’s modest investment payed off very well, and should continue to pay off next year.
To embed, copy and paste the code into your website or blog: What are the ethical obligations of a California lawyer for a client with diminished mental capacity? The ethics committee of the State Bar of California answers this key question in draft Formal Opinion No. 13-0002, with public comment due by August 24, 2021. While all lawyers may represent clients who have questionable capacity, the situation arises with frequency and urgency for estate planning attorneys. The opinion interprets the California Rules of Professional Conduct as amended in 2018. Along with the updated ethics gu...
To embed, copy and paste the code into your website or blog: On February 2, 2021, the United States Court of Appeals for the Eleventh Circuit issued a significant decision holding that a putative class representative does not need to establish an administratively feasible method to identify absent class members as a pre-requisite for class certification under Federal Rules of Civil Procedure 23 (Rule 23). The case is Deepening a circuit split, the Eleventh Circuit joined the Second, Seventh, Eighth, and Ninth Circuits in concluding that administrative feasibility is not a pre-requisite for...