Latest Publications

Share:

Bit by bit: improving consumer complaint processes in crypto

On May 30, 2024, the New York State Department of Financial Services ("NYSDFS" or the "Department") issued guidance to all virtual currency businesses licensed or chartered with the Department ("VCEs"), including those...more

House passes Financial Innovation and Technology for the 21st Century Act

On May 22, 2024, the U.S. House of Representatives (the “House”) passed the Financial Innovation and Technology for the 21st Century Act (“FIT21” or the “Bill”) with bipartisan support by a vote of 279-136. FIT21 provides for...more

National Security Division Announces New Self-Disclosure Policy in M&A Transactions

The National Security Division (NSD) of the Department of Justice announced a new self-disclosure policy on March 7, 2024 (M&A Policy) that impacts corporations, private equity firms, and venture capital firms and their...more

Market Check: Lessons from The Activision-Microsoft Merger

On February 29, 2024, the Delaware Court of Chancery issued an opinion on Sjunde AP-Fonden v. Activision Blizzard1 (“Opinion”) that called into question established market practices for mergers, including (i) the process for...more

Delaware Court of Chancery Invalidates “New Wave” Stockholder Agreement Constraining Board Authority

This enduring cornerstone of Delaware corporate law is rooted in Section 141(a) of the Delaware General Corporate Law (“DGCL”): “The business and affairs of every corporation […] shall be managed by or under the direction of...more

Was the richest person in the world overpaid?

Chancellor Kathleen McCormick of the Delaware Court of Chancery grappled with this question in a recent derivative lawsuit challenging Tesla’s performance-based equity award with a potential USD55.8 billion maximum value and...more

SEC approves Spot Bitcoin ETP, opening new pathway to Bitcoin investment

In a milestone for the crypto industry, on January 10, 2024, the U.S. Securities and Exchange Commission (the “SEC”) approved the listing and trading of a number of spot bitcoin exchange-traded product (“ETP”) shares,...more

California enacts two new virtual currency laws: What market participants need to know

On October 13, 2023, California enacted two bills that significantly expand the regulation of virtual currency-related activities in California: Assembly Bill 39 (AB 39), known as the California Digital Financial Assets...more

DeFi protocol Uniswap and investors avoid suit for fraudulent activity on digital asset exchange

On August 30, 2023, in a case of first impression, the U.S. District Court for the Southern District of New York dismissed in full a putative securities class action against Uniswap Labs, a decentralized finance (“DeFi”)...more

SEC charges Impact Theory for unregistered offering of NFTs

On August 28, 2023, the Securities and Exchange Commission (the “SEC”) charged Impact Theory, LLC (“Impact Theory”), a media and entertainment company headquartered in Los Angeles, with conducting an unregistered securities...more

Legal hot takes – the ECB’s Digital Euro

The Digital Euro project is the European Central Bank’s (ECB) response to the changing landscape of consumer payments, driven by the rise of cryptocurrency, payment fintechs and electronic transactions. A Digital Euro would...more

Ripple Labs: long-awaited decision answers some questions but gives rise to further uncertainty

In SEC v. Ripple Labs, the U.S. Securities and Exchange Commission (“SEC”) alleges that Ripple Labs, Inc. and two of its executives raised over $1.3 billion through an unregistered and ongoing digital asset securities...more

Federal Banking Regulators Issue Joint Statement on Crypto-Asset Risks to Banking Organizations

On January 3, 2023, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency (together, the “federal banking regulators”) issued a joint...more

Digital assets will remain in demand – despite the crypto winter

Recent troubles in the crypto markets are unlikely to see deal-making curtailed. Instead, digital assets, Web3 and Metaverse targets will continue to be sought after as non-tech players look to open new markets....more

Crypto-Tunities: Transaction strategies in the challenging crypto markets

With crypto winter settling in and likely consolidation of the market participants, unique and unprecedented opportunities arise to pair buyers with sellers....more

Oh no, Where’s My Crypto? What Happens to Crypto Assets when a Custodian Fails

Recent turbulence in the crypto asset market and comments by certain regulators raise the critical question of what happens to crypto assets held by a crypto custodian if the custodian becomes insolvent. Custodians include...more

Lummis-Gillibrand Responsible Financial Innovation Act proposes comprehensive regulatory framework for digital assets in the...

On June 7, 2022, Senator Kirsten Gillibrand (D-NY) and Senator Cynthia Lummis (R-WY) introduced the Responsible Financial Innovation Act (RFIA), a highly anticipated legislative proposal that, if enacted by Congress and...more

Into the Metaverse: M&A in the NFT Market in 2022

As the market for NFTs continues to soar, tech and non-tech businesses alike are exploring M&A opportunities to prepare for the metaverse and Web3....more

[Webinar] What’s next for banks: U.S. spotlight on digital assets - April 6th, 1:00 pm - 2:00 pm EDT

As part of our ongoing series of virtual panel discussions exploring a select number of themes instrumental in shaping the future of the global banking sector, our next webinar will focus on digital assets. In this session,...more

Why software deals are proving irresistible to a diverse range of investors

Software-focused transactions, involving an increasingly diverse range of participants, are now dominating the technology M&A market....more

Report on Stablecoins by the President’s Working Group on Financial Markets

The President’s Working Group on Financial Markets, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency issued a long-awaited Report on Stablecoins on November 1, 2021. ...more

21 Results
 / 
View per page
Page: of 1

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide