CLS Blue Sky Blog

Corporate short-termism–where companies sacrifice long—term value for transient boosts in short-term stock prices—has long been a hot topic of debate in corporate law and political discourse. Critics argue that activist hedge funds, performance-based compensation, and quarterly reporting have forced public companies to sacrifice long-term profitabili...

On March 19, 2026, the federal banking agencies issued a package of proposed changes to the regulatory capital requirements for banking institutions of all sizes, from the largest GSIBs and super-regional banks to community banks. This package of proposals (the “Proposed Rules”) is a second full attempt at implementing the 2017 “Basel III Endgame” in...

When does a shareholder become powerful enough to control a corporate vote?

That question has taken on unusual importance in Delaware. Unlike ordinary shareholders, controlling shareholders are subject to fiduciary duties. And after litigation over Elon Musk’s compensation package, in which Musk was deemed a controlli...

On April 7, 2026, Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent, closed-door meeting with the CEOs of some of the nation’s largest banks to discuss the cybersecurity risks posed by Anthropic’s newly announced AI model, Claude Mythos Preview (“Mythos”).

Silicon Valley Bank’s failure exposed many familiar weaknesses: uninsured deposits, interest-rate risk, a concentrated depositor base, and weak interest-rate hedging. But the more revealing lesson lies one layer deeper. The supervisory failure was not simply that regulators missed red flags at a fast-growing bank. The size-tiered supervisory system i...