GC Cheat Sheet: The Hottest Corporate News Of The Week

By Michele Gorman (August 20, 2021, 2:51 PM EDT) -- A Texas nonprofit said a U.S. Securities and Exchange Commission rule that aims to encourage board diversity among Nasdaq-listed firms is unconstitutional, and U.K. lawyers are prepping for more inquiries about special purpose acquisitions after Britain's adoption of friendlier rules governing these alternative vehicles to public markets.

These are some of the stories in corporate legal news you may have missed in the past week.

SEC-Approved Nasdaq Board Diversity Rule Challenged in 5th Circuit

A Texas nonprofit is challenging a U.S. Securities and Exchange Commission rule that aims to encourage board member diversity among Nasdaq-listed firms, claiming in an announcement Wednesday that the measure is unconstitutional and...

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