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Leisure Law Insider (Vol. 6) - Spring 2025

Welcome to the fifth edition of The Leisure Law Insider! Released quarterly, we cover the latest news and developments in leisure and hospitality law, regulation, and policy. Expect content on hotels, franchising, labor and...more

DOJ Indicts CEO for Allegedly Using Trading Plans to Commit Insider Trading

Critics have repeatedly alleged that executives routinely take advantage of the many loopholes that exist regarding Rule 10b5-1 trading plans to engage in improper conduct. These criticisms finally seem to have been heard by...more

SPAC Mergers in the SEC’s Crosshairs? Recent Enforcement Activity Highlights Increased SPAC Merger Risk

The past few weeks have seen a turn of events for companies involved with Special Purpose Acquisition Company (SPAC) vehicles. First, the Securities and Exchange Commission (SEC) announced civil administrative charges against...more

Updated: Reviewing PPP Loan Application Certifications in Light of Additional SBA Guidance

Updated on May 6, 2020 - Since the implementation of the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) on April 3, 2020, the U.S. Small Business Administration...more

DOJ’s New Compliance Program Guidance Creates A New Dilemma For Companies

On April 30, 2019, the U.S. Justice Department’s Criminal Division issued new policy guidance to help prosecutors evaluate whether corporate compliance programs are effective. Many of the concepts are not new, but companies...more

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