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19 Apr 2024, 9:27 am by CFM Admin
A qualifying venture capital fund is a venture capital fund which, by virtue of its being under the applicable dollar threshold in aggregate capital contributions and uncalled committed capital, is exempted from the 100 beneficial owner limitation of Section 3(c)(1) of the Investment Company Act of 1940, as amended, and may instead raise capital from up to 250 beneficial owners. [read post]
18 Apr 2024, 9:01 pm by renholding
With respect to the former, it’s been referred to as one of the largest financial frauds in U.S. history, and it’s principal architect was recently sentenced to 25 years in federal prison.[1] Tellingly, John Ray, who was appointed FTX CEO as part of its bankruptcy proceedings, observed that “in his 40 years of legal and restructuring experience,” which included the Enron bankruptcy, he had never seen “such a complete failure of corporate… [read post]
15 Apr 2024, 9:01 pm by renholding
Custodia has a Special Purpose Depository Institution (SPDI) charter from the State of Wyoming that allows it to take deposits but does not require it to obtain insurance from the Federal Deposit Insurance Corporation (FDIC). [read post]
14 Apr 2024, 9:05 pm by renholding
Rather, he purchased shares in Incyte Corporation, which was a firm arguably occupying the same market space as Medivation. [read post]
8 Apr 2024, 10:08 am by admin
The degradation claim would ultimately prove baseless,[2] and the nuclear magnetic resonance evidence put forward to support degradation would turn out to be instrumental artifact and deception. [read post]
7 Apr 2024, 9:05 pm by renholding
”[3] The ALI’s Principles also recognize that a “reasonable amount” of corporate wealth may be donated or otherwise allocated toward “public welfare, humanitarian, educational, and philanthropic purposes. [read post]
7 Apr 2024, 9:19 am
Before I get to the substance of these remarks, it may be useful to briefly describe the ordering concepts that frame the analysis that follows.[2]   The first ordering concept  draws from the reference in the title to “the signal,” is to the now ancient 2005 movie Serenity.[3] More specifically to the insights offered by the intergalactic hacker, Mr. [read post]
5 Apr 2024, 6:00 am by Jim Sedor
How Corporate PAC Money Could End Up in the Personal Coffers of Sens. [read post]
3 Apr 2024, 9:05 pm by renholding
ENDNOTES [1] 841 F.2d 502 (3d Cir. 1988), cert. denied, 490 U.S. 1114 (1989). [2] 563 U.S. 804 (2011). [3] In re MicroStrategy Inc. [read post]
29 Mar 2024, 7:28 pm
That does not suggest laissez faire in the style of Milton Friedman--it does suggest that public policy creates guard rails and expectations but does not drive micro-decision making. [read post]
29 Mar 2024, 12:18 pm by John Ross
" Does that include the tax benefits that come with being a 501(c)(3)? [read post]
27 Mar 2024, 3:39 pm by Guest Author
Yet, it does not justify an interpretation of the Constitution that tolerates let alone sustains corporate infringement of individual rights and encroachment on governmental powers. [read post]
21 Mar 2024, 2:29 pm by Daniel J. Gilman
Justice Department (DOJ) and 16 states against Apple alleging monopoly maintenance in violation of Section 2 of the Sherman Act. [read post]
19 Mar 2024, 6:08 pm
It signaled what appeared to be the ending of a long arc of development with the abandonment of the project to produce a Norms on the Responsibilities of Transnational Corporations and Other Business Enterprises with Regard to Human Rights (the “Norms”).[1] It was also the year that saw the announcement of the appointment of John Ruggie as Special Representative of the Secretary-General on the issue of Human Rights and Transnational Corporations and… [read post]