By AlixPartners Our latest Private Equity/CEO study performed jointly with Vardis shows misalignment between the two groups on a surprisingly wide range of critical matters. At a glance CEO turnover is unplanned for 34% of investments, leading to significantly worse returns and longer hold times for private equity firms. The first 100 days are ripe for misalignment, with varying expectations of support, assessments of the management team, performance metrics, and frequency of contact. Private equity investors tend to replace CEOs at...

By Greenberg Traurig On March 14, USCIS released an Inspector General’s report on Green Card Processing Times.  The report found that green card processing times exceeded the existing 120-day goal by taking an average of 282 days to complete. The report identified processing times are greatly affected by interviews and vetting occurring at USCIS. The report made two specific recommendations which USCIS concurred: Recommendation 1: Implement plans to present information on the USCIS website that more accurately reflects the length of the...

By Philips Lighting Philips Lighting (Euronext: LIGHT), the world leader in lighting, today announced a new Internet of Things (IoT) platform, called Interact, that will enable its professional customers to unlock the full potential of connected lighting for the IoT. The platform supports the company's strategy to deliver new data-enabled services as value expands from lighting products and systems to services. Today, the company also announced connected lighting systems that can generate and upload data to its Interact IoT platform...

By Thompson Hine LLP On March 1, 2018, DOJ attorneys, speaking at the ABA’s annual White Collar Crime Conference, indicated that DOJ may consult the FCPA Corporate Enforcement Policy for guidance in other areas of corporate criminal prosecution when assessing whether voluntary self-disclosure may justify declination. John Cronan, acting head of the Criminal Division, and Benjamin Singer, chief of the Securities and Financial Fraud Unit, highlighted DOJ’s decision to forgo prosecution of Barclays PLC as an example of the application...

By Royal DSM Royal DSM, a global science-based company active in health, nutrition and materials, today announces that it intends to repurchase 500,000 ordinary shares, starting on 19 March 2018, in order to cover commitments under share based compensation plans and 1,100,000 ordinary shares, starting on 14 May 2018, in order to cover commitments for stock dividend as part of the final dividend 2017. Based on the closing price of the DSM share on Euronext Amsterdam on 16 March 2018...

By GDLSK Erik Smithweiss will be speaking on Wednesday March 21, 2018 on the new procedures for requesting exclusions from the Section 232 tariffs on steel and aluminum in a webinar for the Foreign Trade Association.  The 25% tariff on steel imports and 10% on aluminum go into effect on March 23, 2018.  For more information on the webinar and to register, please click HERE. For a related article on the proposed tariffs, please click HERE. Compliments of Grunfeld, Desiderio, Lebowitz, Silverman &...