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Legal Updates

UPDATE: Michigan’s Paid Medical Leave and Minimum Wage Laws

On January 26, 2023, the Michigan Court of Appeals released a highly anticipated opinion on Michigan’s Paid Medical Leave Act and minimum wage in the case of Mothering Justice vs Nessel which tackled the constitutionality of the legislative “adopt-and-amend” strategy that changed ballot proposals and impacted Michigan’s minimum hourly wage rate and paid medical leave.

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Updates to HSR Reporting Thresholds and Merger Filing Fees

The Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) requires parties to transactions meeting certain size thresholds to make notification filings with the Federal Trade Commission (FTC) and the Antitrust Division of the US Department of Justice and to observe a waiting period before closing.

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Reminders for the 2023 Annual Report and Proxy Season

As public companies prepare their 2022 annual reports and 2023 proxy statements, they will need to contend with a host of new requirements and disclosure updates stemming from the current geopolitical and economic environment, a bevy of Securities and Exchange Commission (SEC) regulatory activity and several revisions to the Delaware General Corporation Law (DGCL).

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