Cravath Partners Author Article on SEC Rules for Mandatory Clawback Policies for the American Bar Association Business Law Section’s “Business Law Today”

On December 16, 2022, the American Bar Association Business Law Section’s “Business Law Today” published an article written by Cravath partners John W. White, Eric W. Hilfers, Jonathan J. Katz, Elad L. Roisman, Michael L. Arnold and Matthew J. Bobby and of counsel Kimberley S. Drexler entitled “SEC Adopts Rules for Mandatory Clawback Policies.” The article, a version of which was originally distributed as a memo to clients and other stakeholders, summarizes the Final Rules adopted by the U.S. Securities and Exchange Commission to implement the clawback provisions of the Dodd‑Frank Wall Street Reform and Consumer Protection Act of 2010. It provides an overview of the clawback policies and related disclosures companies will be required to adopt in order to comply with the Final Rules.

Please click here to read the article.