Shareholders of a public company may desire to recommend certain actions to management or the board of directors. Under federal law, the rules for submitting shareholder proposals are set forth by the Securities and Exchange Commission (SEC). Specifically, SEC […]
A recent Delaware court decision reaffirmed that companies could implement an identity-based voting structure within a single class of stock. In Colon v. Bumble, Inc., the Delaware Court of Chancery, Delaware’s highest court, ruled that the dating app company […]
In early 2024, the Delaware Court of Chancery ruled in favor of Tesla stockholders and struck down Elon Musk’s multibillion-dollar pay package. The chief Delaware judge presiding over the case, Chancellor Kathaleen McCormick, issued a 200-page decision that described […]
A company’s risk factors form an essential part of the reports filed by public companies and companies seeking to go public. Risk factor disclosures are cautionary statements that companies include in their disclosure documents about the key risks a […]
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Tracy Britt Cool is a former Berkshire Hathaway executive who trained under Warren Buffet. Ms. Britt Cool has garnered success building her own mini-Berkshire empire. Her investment firm has […]
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Public companies occasionally adjust their capital structures. To manage their liabilities, companies sometimes restructure their existing indebtedness. They do this by issuing new debt securities in exchange for outstanding existing debt securities. Debt exchange […]
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The issuance of a comfort letter is an essential component of the due diligence process for a securities offering. The auditors for the company prepare and issue comfort letters. The auditors must prepare, issue and […]
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While artificial intelligence (AI) technology has the potential to transform society, the legal issues it raises touch upon diverse areas of law. These areas include privacy and data security, commercial contracts, intellectual property, antitrust, employee […]
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Bobbie, a startup bringing European-style organic infant formula to the U.S. market, raised $50 million in its latest fundraising round. The financing includes $40 million in venture capital and […]
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Investing in companies based on the environmental and social sustainability of their business practices has gained traction in recent years. ESG, or environmental, social, and governance standards investment objectives, appeal […]
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The SEC proposed new rules mandating climate disclosure by public companies in March 2022. The announcement has drawn mixed reactions from public companies and the investor community.
While many public companies publish sustainability reports, they report […]
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In the United States, the U.S. Food and Drug Administration (FDA) regulates the production and sale of medical devices. The FDA releases rules regarding classification, registration, premarket approval, product labeling requirements, and quality controls […]
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Right to repair bills have been gaining momentum. Consumers and independent third parties increasingly demand the right to self-repair. They want to be able to repair a wide range of products including electronics, farm equipment, […]
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Countries around the world are grappling with how to address climate change and its related risks through legislation. The United Nations has developed many binding international treaties on climate change. Highlighted below are some key […]
Venture capitalist and crypto investor Katie Haun raised $1.5 billion for her new debut crypto fund, the largest initial fund ever raised by a solo female founding partner. The fund’s size is also more than double the previous record […]
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Public company merger activity has been on the rise in recent years. Global mergers and acquisitions (M&A) volume hit a record in 2021. Fueled by the availability of low-cost financing, 2021 M&A activity exceeded $5 […]
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Debt securities trading in the capital markets involves several steps before the electronic transfer of ownership from one owner to another finishes. For ownership to pass from the seller to the buyer, a “clearing” and […]
A District of Columbia court dismissed an antitrust lawsuit against Amazon, granting the online retail giant a victory. The lawsuit accused Amazon of violating antitrust laws. The suit claims that Amazon bars third-party sellers on its platform from offering […]
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SoFi Technologies, the digital personal finance company, is growing at an accelerated pace. Since its 2011 founding, SoFi has seen soaring revenue and increasing demand for its products.
For Robert Lavet, general […]
