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February 18. 2015

On the day before he left office, Massachusetts Governor Deval Patrick signed an act relating to parental leave (the “Act”) into law. The Act significantly amends the Massachusetts Maternity Leave Act (“MMLA”), which provides eight weeks of job-protected leave to female employees following the birth or adoption of a child. Most notably, the Act will extend that same right to male employees. It will take effect April 7, 2015.

February 16, 2015
The SEC recently proposed rules to implement Section 955 of the Dodd-Frank Act, which calls for disclosure of whether a company’s employees and directors are permitted to purchase financial instruments (including prepaid variable forward contracts, equity swaps, collars, and exchange funds) designed to hedge or offset any decrease in the market value of the company’s equity securities.
February 12, 2015
February 12, 2015
February 9, 2015
February 9, 2015
February 6, 2015
February 2, 2013
January 30, 2015

The Delaware Court of Chancery recently held that uncapped indefinite indemnity obligations were unenforceable against the non-signing stockholders.

January 27, 2015
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