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17 Apr 2020, 6:40 pm by John Jascob
Citing the logistical difficulties of submitting Forms 144 in paper in light of COVID-19 concerns, CorpFin said last week that it will not recommend enforcement action to the Commission if Forms 144 filed in paper under Rules 101(b)(4) or 101(c)(6) of Regulation S-T are submitted via email in lieu of mailing or delivering the paper form. [read post]
16 Apr 2020, 4:55 am by Hedge Fund Lawyer
(“Telegram”), the messaging app company that raised $1.7 billion in 2018 selling Gram tokens to investors in the largest ICO to date. [read post]
15 Apr 2020, 3:50 pm by skelly
  If a company finds that it does need to submit a rate filing, the Division reminds them of the proper filing instructions, including Property & Casualty Filing Guidance Notices 2008-C and 2013-A. [read post]
14 Apr 2020, 10:30 am by Jennifer Barna
Murphy signed Executive Order No. 125 (“Order 125”) requiring NJ Transit and private bus and rail companies to limit rider capacity and to take other protective steps, and requiring face masks and other protections where customers enter bars and restaurants for take-out service. [read post]
13 Apr 2020, 12:37 pm by James O. Birr, III, Esq.
(b)   The words “conditional payment bond” are contained in the title of the bond at the top of the front page. [read post]
13 Apr 2020, 12:37 pm by James O. Birr, III, Esq.
(b)   The words “conditional payment bond” are contained in the title of the bond at the top of the front page. [read post]
13 Apr 2020, 12:21 pm by Tracy Scheidtmann
The State of New Jersey’s Division on Civil Rights (“DCR”) recently issued new Guidance on the Diane B. [read post]
13 Apr 2020, 6:30 am by Jack Meadows
Paycheck protection program loans are also available for qualifying tax-exempt nonprofit organizations described in section 501(c)(3) of the Internal Revenue Code (IRC), tax-exempt veterans organization described in section 501(c)(19) of the IRC, and Tribal business concerns described in section 31(b)(2)(C) of the Small Business Act that have 500 or fewer employees whose principal place of residence is in the United States, or meet the SBA employee-based size… [read post]
13 Apr 2020, 3:03 am by Lynn Jokela
  The relief allows Forms 144 filed in paper under Rules 101(b)(4) or 101(c)(6) of Reg S-T to be submitted by email provided a PDF of the complete Form 144 is attached to the email. [read post]
12 Apr 2020, 2:09 pm by J. Ross Pepper
§547(b), a creditor which can prove the elements of the subsequent new value defense (11 U.S.C.A § 547(c)(4)) can avoid repaying the preference payments, or some portion thereof. [read post]
11 Apr 2020, 12:35 pm by Lee E. Berlik
Unjust enrichment occurs when (a) a plaintiff has conferred a benefit on the defendant; (b) with a reasonable expectation of compensation; (c) the defendant was aware (or should have been) that the plaintiff conferred a benefit with the expectation of payment; and (d) the defendant accepted or retained the benefit without paying anything for it. [read post]
11 Apr 2020, 9:00 am by INFORRM
Before we hand them any money that has been paid as taxes by nurses and bus drivers in this country, we need to be certain that (a) none of the cash will swell the personal coffers of the Murdochs, Rothermeres and Barclays, (b) they themselves have spent everything they can afford to keep their newspapers going, and (c) in the future, they will pay all the tax that they should in this country – no more Channel Islands, no more Bermuda, no more Delaware. [read post]
10 Apr 2020, 1:28 pm by editor
Your first step should be to read the subpoena in its entirety and try to deduce (a) what the nature of inquiry is and why your company is receiving the subpoena; (b) determine the range of information sought both in volume and duration; and (c) whether and how to start preserving information that may be responsive. [read post]