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31 Jan 2024, 9:01 pm by renholding
The ramifications of this decision could be significant, as the SEC often uses its in-house courts to seek monetary penalties, and studies reveal that the SEC wins cases it brings in its in-house courts at a much higher rate than those it tries in federal court.[6] We also should expect plaintiffs to attempt to maneuver in light of the Supreme Court’s decision in Slack Technologies LLC v. [read post]
8 Jan 2023, 9:26 am by Rob Robinson
From a legal perspective, the new company is typically organized as either a C-corporation or as a limited liability company (“LLC”). [read post]
Opportunity Financial, LLC (OppFi) has filed a Complaint for Declaratory and Injunctive Relief in a California state court against the California Department of Financial Protection and Innovation (DFPI), seeking to block the DFPI from applying California usury law to loans made through OppFi’s partnership with Fin Wise Bank (Bank), a state-chartered FDIC-insured bank located in Utah. [read post]
24 Jul 2019, 3:00 am by John Jenkins
It looks like a token issuer finally crossed the public offering goal line – at least when it comes to clearing Corp Fin’s review process. [read post]
Meanwhile, the servers, storage and networking are managed by the PaaS provider.4 In the infrastructure as a service, or IaaS, model, end users can access the service provider’s processing, storage, networks, severs, operating systems or other computing resources, which can be more convenient for many users than having to purchase their own hardware (or reduce their hardware ownership when they no longer need it).5 IaaS is similar to traditional information technology resources used… [read post]
20 May 2019, 9:11 am by MOTP
 It has been suggested that the focus of inquiry in the Restatement project should be on decisions of state courts of last resort (and that overruled cases should be disregarded because they are no longer “good law” which makes eminent sense from the viewpoint of legal practice and appellate advocacy but less so from a more comprehensive view of the evolution of the substance of the law in historical context, which should also pay heed to dissents).The courts of law resort decide a… [read post]
1 Feb 2019, 10:51 am
(Pix © Larry Catá Backer; Tauluseinä Tavelväggen, Wall of Printings (1977); Nörrköping Art Museum Turku Findland))Every year for almost 25 years, the Corporate Practice Commentator (with great thanks to Robert Thompson (Georgetown)) announces the results of its annual poll to select the ten best corporate and securities articles. [read post]