UK Regulator Opens Door to Shein London Listing

The UK’s Financial Conduct Authority (FCA) has indicated it will assess Shein’s potential listing on the London Stock Exchange based on the company’s disclosures, despite allegations of using forced labor. Shein aims for a £50bn market valuation.

Delaware Judge Invalidates Massive Tesla Pay Package for Elon Musk

Delaware Chancellor Kathaleen St. Jude McCormick rescinded Elon Musk’s multibillion-dollar pay package from Tesla, ruling it was improperly negotiated with non-independent directors. Musk plans to appeal the decision.

Office Christmas Parties: Harassment Law Threatens Boozy Bashes

Strengthened sexual harassment laws in the UK require employers to take reasonable measures to protect employees, potentially leading to the cancellation of traditional alcohol-heavy office Christmas parties.

Australia Increases Pressure on Multinationals with Strict Tax Disclosure Law

Australia has enacted stringent tax disclosure laws for multinationals, requiring them to report revenues and profits across 41 jurisdictions known for tax incentives and secrecy, aiming to combat profit shifting and enhance transparency.

Fox Attorneys Seek to Dismiss Shareholder Lawsuit Over 2020 Election Reporting

Fox Corp. attorneys have requested the dismissal of a shareholder lawsuit seeking accountability for financial damages from Fox News’ reports of alleged vote rigging during the 2020 election, arguing shareholders did not follow proper protocol before filing.

Ukrainian Court Lifts Seizure on VEON’s Corporate Rights in Kyivstar

A Ukrainian court has lifted the partial seizure of VEON’s corporate rights in Kyivstar, concluding a year-long case linked to previously sanctioned Russian figures, allowing VEON to proceed with investments in Ukraine.

Delaware’s Corporate Law Criticized for Complexity and Unpredictability

Critics argue that Delaware’s corporate law is too labyrinthine and unpredictable, creating challenges for businesses operating within its jurisdiction.

Corporate Citizenship Gains Momentum Post-Election

Businesses are increasingly considering corporate citizenship initiatives to balance community interests and workforce views with business objectives in the post-election landscape.