Practical Tips for ESG Reports

November 16, 2023
Elizabeth K. Lange (LAW ‘09), Elizabeth A. Diffley, and Sheremy R. Anderson of Faegre Drinker co-authored an article discussing practical tips for companies preparing ESG disclosures. In an era of heightened stakeholder interest and regulatory oversight, companies must be thoughtful in crafting ESG-related disclosures.

Recent DOJ Action in the No-Poach Arena

The Department of Justice (DOJ) and the Federal Trade Commission (FTC) in 2016 published Antitrust Guidance for Human Resource Professionals warning of criminal remedies for those participating in illegal no-poach agreements. Recently, the DOJ and FTC made good on that promise by filing the first public criminal indictment alleging a conspiracy between companies in which they agreed not to poach each other’s employees. The DOJ and FTC warned they could take such actions when “naked” wage-fixing and no-poach agreements were per se illegal violations under the antitrust laws.

Dismissal of Chapter 11 Case Calls Into Question Bankruptcy Protections for Cannabis Companies

Despite a company’s claim that it deals only in legal hemp products, in January, a federal court denied the company’s access to relief under the Bankruptcy Code. U.S. Bankruptcy Court Judge Joseph Rosania, Jr., of the District of Colorado, dismissed United Cannabis Corporation’s (UCANN) Chapter 11 bankruptcy filing, a move that could cause concerns for cannabis companies that may be seeking bankruptcy relief, particularly in the midst of a global pandemic.