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10 May 2023, 9:01 pm
Several de-SPACs that have filed under Chapter 11 have obtained substantial DIP credit facilities from incumbent lenders. [read post]
9 May 2023, 9:01 pm
Until the board has obtained and understood this information, it cannot be said to have complied with its duty of care in endorsing or rejecting a proposed nominee or, in the case of a settlement, appointing a nominee to the board. [read post]
9 May 2023, 11:55 am
Recently, Credit Suisse had issued $17 billion worth of these Coco’s contingent convertible bonds. [read post]
9 May 2023, 9:25 am
The Boston bar has such a deep level of expertise in all things related to white collar crime, from health care fraud and abuse, to cyber-crime, to management of robust compliance systems. [read post]
4 Apr 2023, 4:49 pm
To facilitate this payment, Cohen opened up a Manhattan bank account called Essential Consultants LLC, a new shell company, to which he transferred $130,000 from his personal home equity line of credit. [read post]
3 Apr 2023, 7:00 am
Q: What is the Small Business Health Care Tax Credit? [read post]
28 Mar 2023, 2:19 pm
Texas,867 F.3d 604 (5th Cir. 2017), as well as third-party standing, June Medical Services LLC v. [read post]
22 Mar 2023, 12:52 pm
The collapse of the banks in the United States, whether it’s the Silicon Valley Bank, Signature Bank, Credit Suisse, there’s got a lot that’s got everyone talking, reminiscent of the banking collapse in 2008. [read post]
17 Mar 2023, 8:12 am
Tax Incentives for Retention The Employee Retention Credit (ERC) was introduced in the Coronavirus Aid, Relief, and Economic Security Act(CARES) to encourage employers to retain employees during the pandemic. [read post]
17 Mar 2023, 3:09 am
If you are not careful to maintain your LLC’s standing, you might only learn at the last minute—when you go to apply for a loan or register to conduct business in another state—that your status has lapsed. [read post]
9 Mar 2023, 1:33 pm
This payment will be credited towards the $10,000,000 monetary penalty discussed above. [read post]
28 Feb 2023, 9:19 am
Companies will also want to be careful when citing to experience from closely-affiliated entities, but entities that (nonetheless) are not the actual members of the joint venture offeror. [read post]
23 Feb 2023, 9:01 pm
For example, the former CEO of a publicly traded health care company was charged with allegedly misleading investors about obtaining rapid test kits. [read post]
17 Feb 2023, 6:11 am
USA, LLC, 141 S. [read post]
13 Feb 2023, 7:54 am
Hotchner made careful notes of these conversations soon after they occurred, occasionally recording them on a portable tape recorder. [read post]
9 Feb 2023, 9:05 pm
Melling predicted that the Court will soon hold in 303 Creative LLC v. [read post]
6 Feb 2023, 6:02 am
Urness’s explanations were suspicious but credited Ms. [read post]
2 Feb 2023, 9:46 am
Court of Appeals for the Ninth Circuit recently held that SLS, a mortgage servicer, properly reported a Covid-19 forbearance plan under the CARES Act amendments to the Fair Credit Reporting Act (FCRA). [read post]
2 Feb 2023, 6:28 am
The FTC unanimously approved a consent order this week requiring Credit Karma, LLC to pay $3 million dollars for allegedly advertising to consumers that they were “pre-approved” for credit card offers, when in reality, the customers were not pre-approved, and in fact, were frequently rejected. [read post]
31 Jan 2023, 12:38 pm
Photo credit: KC Kratt [read post]
