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New York Bill Proposes to Subject Certain Health Care Transactions to Regulatory Approval by the State

Important Takeaways Article 45-A aims to regulate large physician's practices managed by entities that are investor-backed. The proposed legislation would authorize the New York Department of Health (DOH) to review and...more

Beyond a Reasonable DAOubt: Tennessee's Limited Liability Statute for Decentralized Autonomous Organizations (DAOs)

On 20 April 2022, Tennessee became the second state in the United States to create a specialized business entity for decentralized autonomous organizations (DAOs), an emerging collaborative management structure for legal...more

SEC Evaluates Changes to its Investor Counting Rules Potentially Forcing Large Private Companies into the Public Reporting Regime

BACKGROUND - In 2012, the Jumpstart Our Business Startups Act (the JOBS Act) became law. Among other things, the JOBS Act sought to democratize access to the private markets, including raising the total assets threshold under...more

Illumina: The Holy Grail of Issues for Certain Companies Considering a Spinoff

Typical considerations of parent companies seeking to spin off a subsidiary company include increasing shareholder value, facilitating growth, presenting a clearer tax and operational profile to investors, and a host of other...more

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