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The Importance of Portfolio Monitoring for Pension Trustees

Trustees’ Fiduciary Duties Relating to Securities Class Action Litigation As fiduciaries, trustees are held to a stringent legal standard of care in administering their Pension Plan. Central to their responsibilities is the...

For Better or For Worse: SEC Adopts New Rules Relating to SPACs

For Better or For Worse: SEC Adopts New Rules Relating to SPACs

The United States Securities and Exchange Commission (“SEC”), by a 3-2 vote, recently adopted new rules and amendments pertaining to special purpose acquisition companies (“SPACs”) (“SPAC Rules”)[1] to “enhance disclosures...