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10 Jan 2023, 12:08 pm
Put simply, the SEC's regulatory purview does not extend to C-suite personnel decisions. [read post]
10 Jan 2023, 9:05 am
Rule 10b5-1, which was adopted in 2000, provides a safe harbor for corporate insiders such as officers and directors to buy or sell company stock without violating insider trading regulations under Section 10(b) of the Exchange Act, and Rule 10b-5, if trades are made pursuant to pre-determined trading plans, also known as Rule 10b5-1 plans, entered into at a time when such parties are not privy to any material nonpublic information. [read post]
8 Jan 2023, 9:26 am
From a legal perspective, the new company is typically organized as either a C-corporation or as a limited liability company (“LLC”). [read post]
6 Jan 2023, 2:37 pm
(c) Employer means a person, as defined in 15 U.S.C. [read post]
6 Jan 2023, 11:15 am
Thus, “[b]ecause Section 230(c)(1) applies here, Twitter is not required to demonstrate good faith. [read post]
5 Jan 2023, 9:05 pm
Lapsley’s fees and expenses to date; b) the U.S. [read post]
5 Jan 2023, 6:17 pm
Gap's forum selection clause provides: “Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall be the sole and exclusive forum for (i) any derivative action or proceeding brought on behalf of the Corporation, (ii) any action or proceeding asserting a claim of breach of a fiduciary duty owed by any director, officer, employee or agent of the Corporation to the Corporation… [read post]
4 Jan 2023, 5:06 pm
On December 13, 2022, the Staff of the Division of Corporation Finance of the U.S. [read post]
4 Jan 2023, 7:37 am
“Coventuring charitable fundraising platform” means any person, corporation, unincorporated association or other legal entity that uses the internet to provide an internet website, service, or other platform to persons in this state, and performs, permits or otherwise enables acts of solicitation to occur, as described in Government Code section 12599.9, subdivision (a)(1)(C) or (D). [read post]
3 Jan 2023, 4:35 am
” Stile v C-Air Customhouse Brokers-Forwards, Inc. [read post]
2 Jan 2023, 3:30 am
” David B. [read post]
30 Dec 2022, 9:05 pm
” Parnell, once president of the now-defunct Peanut Corporation of America, was indicted in 2013 for numerous federal felonies. [read post]
30 Dec 2022, 7:13 am
A few examples of special circumstances where a stock sale may be appropriate include sales of (a) less than 100% of a business (as in the case of a strategic investment, or where the buyer requires the seller to roll over a portion of their equity), (b) government contractors, and (c) businesses that require expensive or difficult to obtain licenses. [read post]
29 Dec 2022, 7:01 am
The court reasoned that indirect use can be inferred from the timing of a defendant employee’s hire, deception in the employee’s departure, the corporate defendant’s lack of experience in the industry, low financial investment, and quick success. [read post]
28 Dec 2022, 2:28 pm
Other Transaction Authority Section 7227(b) from the Advancing American AI Act extends the Department of Homeland Security’s research-and-development and prototype-project other transaction (OT) authority through September 30, 2024. [read post]
28 Dec 2022, 11:18 am
A few examples of special circumstances where a stock sale may be appropriate include sales of (a) less than 100% of a business (as in the case of a strategic investment, or where the buyer requires the seller to roll over a portion of their equity), (b) government contractors, and (c) businesses that require expensive or difficult to obtain licenses. [read post]
28 Dec 2022, 10:31 am
Nelson, J.D.The SEC’s Division of Corporation Finance last issued a major update to the Division’s guidance on non-GAAP financial measures in 2016. [read post]
23 Dec 2022, 2:32 pm
Pix Credit hereThat connection between visual imagery, textual narrative, and its inscription onto flags (objects that serve as a symbolic representation of both) and uniforms, have been powerful semiotic devices in the United States and other great states for a long time. [read post]
23 Dec 2022, 12:34 pm
(e) and (f)(2)(B).) [read post]
20 Dec 2022, 2:08 pm
Andrew Gowder, Jr., Austen & Gowder, LL.C., Charleston, SCGraham C. [read post]
