Michael B. Richman

Sep 10, 2024 | morganlewis.com | Michael B. Richman

The amendments to the QPAM Exemption include a September 15, 2024 notification deadline that will apply to many asset managers. This blog post includes a brief summary of the US Department of Labor’s (DOL’s) recent technical amendments to the exemption.

Jun 27, 2024 | morganlewis.com | Petrina A. Mironis |Connor Lynch |Sarah Nelson |Ester Lee |Julie K. Stapel |Michael B. Richman | +7 more

BOSTON and WASHINGTON, DC, JUNE 27, 2024: Morgan Lewis represented Hometap Equity Partners LLC, Hometap Investment Partners III L.P., and Hometap Transaction Asset Purchaser I LLC in the Hometap platform’s debut securitization transaction, a rated offering of approximately $217 million of asset-backed notes that were collateralized by a loan that in turn was secured primarily by a pool of option purchase agreements originated by the company or its affiliates.

Nov 10, 2023 | jdsupra.com | Elizabeth R. Goldberg |Michael B. Richman

As discussed in a previous LawFlash, the US Department of Labor’s Final Rule on Prudence and Loyalty in Selecting Plan Investment Options, also known as the ESG Rule, contains provisions on proxy voting, which are not limited to environmental, social and governance issues. As a reminder, the ESG Rule, including the changes regarding proxy voting, will go into effect on December 1, 2023.

Nov 9, 2023 | morganlewis.com | Elizabeth S. Goldberg |Michael B. Richman

As discussed in a previous LawFlash, the US Department of Labor’s Final Rule on Prudence and Loyalty in Selecting Plan Investment Options, also known as the ESG Rule, contains provisions on proxy voting, which are not limited to environmental, social and governance issues. As a reminder, the ESG Rule, including the changes regarding proxy voting, will go into effect on December 1, 2023.

Nov 9, 2023 | lexology.com | Elizabeth S. Goldberg |Michael B. Richman

As discussed in a previous LawFlash, the US Department of Labor’s Final Rule on Prudence and Loyalty in Selecting Plan Investment Options, also known as the ESG Rule, contains provisions on proxy voting, which are not limited to environmental, social and governance issues. As a reminder, the ESG Rule, including the changes regarding proxy voting, will go into effect on December 1, 2023.