You would figure one of the benefits of living in the DC area is that I would have gotten a chance to see the Supreme Court live during oral argument. But it’s not easy to gain entrance. I’m happy to say that I’m heading down there this morning to watch the Supreme Court deliberate the future of the PCAOB (and possibly reshape other aspects of Sarbanes-Oxley too – see this Bloomberg article) when it considers Free Enterprise Fund v. PCAOB. I’ll be giving a full report on the SCOTUS experience later this week.
Meanwhile, take a gander at the numerous merit and amicus briefs filed in the case so far with SCOTUS. Also check out this amicus brief filed by nine members of the Council of Institutional Investors, CFA Institute and others (it was the first one filed in support of the PCAOB).
Last week, the PCAOB approved its a five-year budget and strategic plan this week, which is now subject to SEC approval. The PCAOB seeks a 16% increase in its 2010 budget, from $157.6 million to $183.3 million (raising the Staffing level to 636).
Tomorrow, as noted in the SCOTUS blog, the US Supreme Court will hear oral arguments regarding the Hollinger case (executive pay and fraud). And Kevin LaCroix notes that SCOTUS has granted certiorari in a “f-cubed” case.
Ask the Experts: Prepping for a Wild Proxy Season
We have posted the transcript for our recent webcast: “Ask the Experts: Prepping for a Wild Proxy Season.”
Ask the Experts: Schedule 13D and Schedule 13G Issues
With investors becoming more active – with many pursuing the same agenda – the issues implicating Schedule 13D and 13G have become more common and more complex. Join DealLawyers.com tomorrow for the webcast – “Ask the Experts: Schedule 13D and Schedule 13G Issues” – and hear from:
– Dennis Garris, Partner, Alston & Bird LLP and former Chief, SEC’s Office of Mergers & Acquisitions
– Jim Moloney, Partner, Gibson Dunn & Crutcher LLP and former Special Counsel, SEC’s Office of Mergers & Acquisitions
– Chuck Nathan, Partner, Latham & Watkins LLP
– David Sirignano, Partner, Morgan Lewis & Bockius LLP and former Chief, SEC’s Office of Mergers & Acquisitions
They will be answering this list of questions…
– Broc Romanek