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12 Feb 2024, 3:30 am
Bainbridge doesn’t believe that directors & executive officers would face liability in this situation: [W]hat liability exposure does the board have when it is aware of a problem and decides to do nothing? [read post]
10 Feb 2024, 1:07 am
After a series of articles critical of a group of companies were published, the group of companies obtained an ex parte order from the High Court which ordered the return of documents the companies believed had been stolen from them and prohibited further publication of articles based on those documents. [read post]
9 Feb 2024, 6:20 am
Because our busy and lazy lives don’t allow us time to do it. [read post]
3 Feb 2024, 2:59 pm
” Argument for change to factor 4, that growing a market/market benefits should matter. [read post]
2 Feb 2024, 11:08 am
Q: will it matter if more polities grant “citizenship” to virtual AIs? [read post]
31 Jan 2024, 9:01 pm
District Court for the Southern District of New York granted Macquarie’s motion to dismiss, holding that the plaintiffs had failed to plead an actionable misstatement or omission, a violation of Item 303, and scienter. [read post]
25 Jan 2024, 9:05 pm
There arose from the OpenAI controversy an inference that several of the company’s constituent groups did not fully appreciate the nonprofit-grounded corporate structure and the authority granted to the nonprofit’s governing board. [read post]
24 Jan 2024, 9:01 pm
According to the Adopting Release, a fundamental premise that underlies this rulemaking is that “[t]he de-SPAC transaction is a hybrid transaction that contains elements of both an [IPO] and [an M&A] transaction…[and] [w]hile structured as an M&A transaction, the de-SPAC transaction also is the functional equivalent of the private target company’s IPO. [read post]
22 Jan 2024, 9:01 pm
The requirements to raise capital for a start-up company in the “friends and family” round should be different from the requirements to raise capital for a billion-dollar company shortly before its IPO. [read post]
16 Jan 2024, 1:19 pm
It is a short-seller’s analysis of what she or he finds troubling about the company, but isn’t the subject of any affirmative disclosure, nor is it the subject of something a company has to disclose. [read post]
14 Jan 2024, 5:01 am
Dep't of Commerce v. [read post]
18 Dec 2023, 2:48 pm
This update includes the following: CFM Items Q4 Matters Annual Compliance & Other Items Annual Fund Matters Annual Management Company Matters Notable Regulatory & Other Items from 2023 Compliance Calendar **** CFM Items We are pleased to welcome Jon Tong as a Senior Associate in our Funds practice group. [read post]
16 Dec 2023, 6:34 am
In its brief at the Supreme Court, the government’s primary submission is that it doesn’t matter, because the Sixteenth Amendment doesn’t require “realization” at all. [read post]
13 Dec 2023, 8:49 am
But fair use isn’t a defense to a breach of contract claim. [read post]
2 Dec 2023, 10:40 am
Trustee and a group of Canadian creditors – made up of Canadian cities and First Nations –counter that it doesn’t matter whether the U.S. [read post]
9 Nov 2023, 2:37 am
For decades, Chisso hid the mercury leak and the company has been silencing the event since 1925. [read post]
31 Oct 2023, 6:26 am
Across the Federal Government, my Administration will support programs to provide Americans the skills they need for the age of AI and attract the world’s AI talent to our shores — not just to study, but to stay — so that the companies and technologies of the future are made in America. [read post]
9 Oct 2023, 6:32 am
Cunningham, Anna T. [read post]
9 Oct 2023, 6:32 am
Cunningham, Anna T. [read post]
29 Sep 2023, 10:04 am
District Court for the Northern District of California—this time a preliminary injunction granted against California’s Age Appropriate Design Code (AADC)—it is worth asking what this means for the federally proposed Kids Online Safety Act (KOSA) and other laws of similar import that have been considered in a few states. [read post]