http://www.choate.com en-us Fri, 15 May 2009 20:30:55 UTC Tue, 7 Sep 2010 00:00:00 UTC Point & Clique 5 http://www.choatehall.com/news.php?NewsID=578 What you need to know:

Massachusetts recently amended its personnel records statute to require employers to affirmatively notify employees when negative information is added to the employee’s personnel record. This is a marked change from the existing statute.br>
What you need to do:

At this time there is no guidance from the legislature, courts or Attorney General as to exactly what types of negative information trigger the notification obligation. In the short term, employers should be sure to notify employees of negative information that is placed in the employee’s formal personnel file, and consult with counsel with respect to closer questions and the development of a general policy going forward. Tue, 7 Sep 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=578 http://www.choatehall.com/news.php?NewsID=577 What you need to know:

New proxy access rules effective in the 2011 proxy season will make it easier for long-term shareholders to utilize a company’s proxy statement to propose nominees for election to the board.br>
What you need to do:

Public companies need to engage with shareholders now to anticipate potential director nominees and possible proposals regarding procedures for including shareholder nominees in company proxy materials. Wed, 1 Sep 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=577 http://www.choatehall.com/news.php?NewsID=579 David Attisani, co-chairman of the firm’s Insurance & Reinsurance Group, has been named one of Law 360's "10 Most Admired Insurance Attorneys in America" for 2010. Mon, 30 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=579 http://www.choatehall.com/news.php?NewsID=576 Mr. Perez-Albuerne and Ms. O’Connor discuss strategies companies can use to avoid the types of mistakes recently made by several major e-commerce sites when creating web site terms of use agreements. Thu, 26 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=576 http://www.choatehall.com/news.php?NewsID=575 Mr. Torrey analyzes key litigation risks that would be faced by insurance policies if nanoparticles were deemed harmful. Wed, 25 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=575 http://www.choatehall.com/news.php?NewsID=573 What you need to know:

Massachusetts recently enacted a CORI reform law that limits employers’ ability to inquire about prospective employees’ criminal convictions, creates new obligations for employers with respect to CORI record-keeping policies and procedures and protects employers from liability surrounding the use of CORI records in making hiring decisions.br>
What you need to do:

Employers are advised to consult their attorneys for guidance on bringing current written employment applications and CORI record-keeping policies and procedures into compliance. Fri, 20 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=573 http://www.choatehall.com/news.php?NewsID=572 Mike Gass, Bill Gelnaw, Fred Callori and Lisa Gaulin discuss the implications of a recent Delaware Chancery Court decision for going private controlling stockholder transactions. Wed, 18 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=572 http://www.choatehall.com/news.php?NewsID=571 Steve Hurwitz discusses funds of funds recently organized as innovative financing partnerships between provincial governments and major Canadian institutional investors to invest in Canada's VC industry. Mon, 16 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=571 http://www.choatehall.com/news.php?NewsID=570 Lee Feldman and Christian Atwood provide a checklist of key issues that investment bank engagement letters should address. Mon, 16 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=570 http://www.choatehall.com/news.php?NewsID=569 Steve Tonkovich explains how search funds can provide recent MBA grads with a direct route to running a business. Sun, 1 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=569 http://www.choatehall.com/news.php?NewsID=564 Sun, 1 Aug 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=564 http://www.choatehall.com/news.php?NewsID=561 Fri, 30 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=561 http://www.choatehall.com/news.php?NewsID=559 What you need to know:

The Delaware Chancery Court’s decision in CNX Gas heightens the standard for receiving business judgment review in a two-step tender offer and signals a unified approach to judicial review of going private transactions with controlling stockholders.br>
What you need to do:

Special committees of target boards should negotiate for broad mandates and authority similar to the authority of a full board in a third-party transaction. CNX Gas underscores the expectations that Delaware courts have for the authority and conduct of special committees. Thu, 29 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=559 http://www.choatehall.com/news.php?NewsID=560 Thu, 29 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=560 http://www.choatehall.com/news.php?NewsID=565 Fri, 23 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=565 http://www.choatehall.com/news.php?NewsID=562 Thu, 1 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=562 http://www.choatehall.com/news.php?NewsID=574 Thu, 1 Jul 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=574 http://www.choatehall.com/news.php?NewsID=567 What you need to know:

The US Senate recently passed a financial reform bill that includes sweeping regulatory changes for the financial services industry and also includes executive compensation and corporate governance reforms, in addition to affecting the manner in which private capital can be raised. A final bill—reconciled with the House’s reform bill passed in late 2009—is expected to be ready by early July.br>
What you need to do:

Management and boards of directors of public companies should review how these proposed changes in executive compensation and corporate governance may impact your company in advance of the final legislation. Wed, 16 Jun 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=567 http://www.choatehall.com/news.php?NewsID=568 What you need to know:

A federal court applying Virginia law has granted summary judgment for an insurer under a homeowners policy, ruling that damages sustained from Chinese-manufactured drywall were excluded by the policy’s latent defect, faulty materials, corrosion, and pollution exclusions.abr>
What you need to do:

Insurers should review their exposure to Chinese-manufactured drywall claims in light of this decision. Fri, 4 Jun 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=568 http://www.choatehall.com/news.php?NewsID=563 Tue, 1 Jun 2010 00:00:00 UTC http://www.choatehall.com/news.php?NewsID=563