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25 Jan 2024, 6:06 pm by The White Law Group
  Private REITs  There is another type of REIT—a private REIT, or private-placement REIT—that also does not trade on an exchange, according to FINRA. [read post]
25 Jan 2024, 4:00 pm by Rob Robinson
Natural Language Search Continues to Shake Up Legal Data Discovery Reveal’s launch of its Generative AI tool ‘Ask’ holds valuable promise for professionals in eDiscovery and legal investigations. [read post]
14 Jan 2024, 8:10 am by Andrew Delaney
In re Vermont Permanency Initiative, Inc., 2023 VT 65. [read post]
2 Jan 2024, 1:33 pm by The White Law Group
  The trust, which lists private equity firm C-III Capital Partners among its major shareholders, is facing debts exceeding $100 million while having assets totaling less than $50 million. [read post]
2 Jan 2024, 12:56 pm by Kevin LaCroix
The failed banks’ $548.7 billion in combined asset value represents the highest amount for failed banks in a single year, ever. [read post]
27 Dec 2023, 6:09 pm by The White Law Group
The programs included the following investments, Strategic Storage Trust Inc.; Griffin-American Healthcare REIT III Inc.; FS KKR Capital Corporation III; American Realty Capital Trust V Inc.; American Realty Capital Healthcare II Inc.; Walton US Land Fund 3 LP; NorthStar Healthcare Income; CION Investment Corp; and Griffin Capital Essential Asset REIT II. [read post]
18 Dec 2023, 2:48 pm by CFM Admin
  On November 20, 2023, the Securities and Exchange Commission (“SEC”) charged Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Kraken’s trading platform as an unregistered securities exchange, broker, dealer, and clearing agency. [read post]
12 Dec 2023, 9:05 pm by renholding
Further, these thresholds apply on a consolidated basis, meaning that the revenues, assets, and employee totals must be added up across an entire group. [read post]
5 Dec 2023, 9:05 pm by renholding
This idea of using an accounting convention to trace assets moving through commingled accounts is widely used in related areas of law. [read post]
29 Nov 2023, 9:01 pm by renholding
” Notably, the SEC’s focus in FY 2023 seems to have shifted away from private funds, which was a focus area in FY 2022. [read post]
15 Nov 2023, 6:26 am by jeffreynewmanadmin
Failures by Insiders and Major Shareholders to Timely File Required SEC Forms The SEC filed eleven actions as part of an initiative focused on ownership reports that company insiders are required to file regarding their holdings of company stock. [read post]
14 Nov 2023, 9:01 pm by renholding
“Last fiscal year’s results demonstrate yet again the Division’s effectiveness—working alongside colleagues throughout the agency—in following the facts and the law wherever they lead to hold wrongdoers accountable. [read post]
13 Nov 2023, 9:05 pm by renholding
”[22] The Analytic Framework retains the non-exhaustive list of asset classes, institutions, and activities included in the proposal, but adds “private funds” to the list in response to “comments suggesting the addition of further examples. [read post]
8 Nov 2023, 9:05 pm by renholding
With nearly $7 trillion dollars in assets, “collective investment trusts” (CITs) are replacing mutual funds on the investment menus of employer-sponsored retirement plans.[1] CITs now hold nearly 30 percent of all assets in defined contribution plans, up from just 13 percent a decade ago.[2] The size of CITs has made them important not only as retirement savings vehicles, but also as institutional investors. [read post]
31 Oct 2023, 9:05 pm by renholding
The case is controversial because of the involvement of the Sackler family, who long controlled the privately-held Purdue Pharma LLP. [read post]
22 Oct 2023, 11:03 pm by centerforartlaw
In 1975, the New York legislature clarified that an art gallery’s creditors do not hold an interest in works of art consigned by artists or the proceeds from sale of those works, which they otherwise would have held under the UCC’s consignment laws. [read post]
20 Oct 2023, 2:40 pm by CFM Admin
This annual event brings together the digital asset community to address investment, legal, and operational issues relevant to private fund managers. [read post]
6 Oct 2023, 9:00 am by Zak Gowen
Visa’s Friendly Fraud Rule Change Could Cut $1 Billion From Small Firms’ Chargeback CostsDigital Transactions News – September 29, 2023 Visa Inc. is touting recent changes to how chargebacks that [read post]