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Foley & Lardner LLP

BREAKING: Federal Court Enjoins Government from Enforcing Corporate Transparency Act

Foley & Lardner LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction that enjoins the federal government from enforcing the Corporate Transparency Act (the CTA). The CTA,...more

Vicente LLP

Cannabis Presents Economic Opportunity for Tribal Nations

Vicente LLP on

When the Eastern Band of Cherokee launched sales of adult-use cannabis in September 2024 through a dispensary in western North Carolina, it presented a seismic shift. Unlike most other Tribal Nations that sell cannabis, the...more

Shipman & Goodwin LLP

Nationwide Injunction Bars Enforcement of the Corporate Transparency Act

Shipman & Goodwin LLP on

On December 3, 2024, in Texas Top Cop Shop, Inc., et al. v. Merrick Garland, Attorney General of the United States, et al., Judge Amos Mazzant of the United States District Court (Eastern District of Texas/Sherman Division)...more

McDermott Will & Emery

Update zum US-Transparenzregister

McDermott Will & Emery on

Handlungsbedarf für Unternehmen bis Jahresende - Nachdem das Transparenzregister in Deutschland und Europa inzwischen seit einigen Jahren existiert und dessen Meldepflichten in der Praxis umfassend beachtet werden, gibt...more

Orrick, Herrington & Sutcliffe LLP

Italy Founders Series: Build Your Startup

When founders in Italy set up a startup, they must make decisions that can have long-term effects, especially when it comes to raising capital. Creating a company establishes responsibilities to employees, customers and...more

Blake, Cassels & Graydon LLP

The Evolving Landscape of Merger Review: Understanding Canada’s Competition Act Amendments and Forthcoming Revisions to Merger...

Significant amendments to the Competition Act (Act) over the last two years have dramatically altered the landscape for merger review in Canada. With these changes, businesses contemplating a potential merger will now often...more

Royer Cooper Cohen Braunfeld LLC

AI Washing and the SEC: a Pandoras Box

The SEC has charged a financial firm and its leaders for making false claims about using artificial intelligence (AI) in their automated trading process. This case highlights the critical need for transparency in an...more

WilmerHale

SEC Enforcement Actions Reflect Expanding Focus on Advisers’ Policies and Procedures to Prevent Misuse of Material Nonpublic...

WilmerHale on

The Securities and Exchange Commission (SEC) recently brought settled enforcement actions against two registered investment advisers for failing to establish, maintain, and enforce written policies and procedures reasonably...more

Orrick, Herrington & Sutcliffe LLP

Italy Founders Series - Stock Option Plans

Startups often cannot pay the high salaries of larger companies. By offering stock options, however, they can build competitive compensation packages that align employee and shareholder interests. To help startups and small...more

Cole Schotz

Death, Taxes and Shareholder Agreements: Lessons from the Connelly Case

Cole Schotz on

Recently, the U.S. Supreme Court ruled unanimously in Connelly v. United States, that the valuation of a decedent’s shares in a closely held corporation for federal estate tax purposes must include insurance proceeds received...more

Latham & Watkins LLP

SEC Targets Investment Advisers for Misstatements and Compliance Failures

Latham & Watkins LLP on

Three recent enforcement actions highlight the risks of failing to adhere to representations made to investors regarding ESG and biblically responsible investing strategies....more

Thomas Fox - Compliance Evangelist

Rethinking the Employee Experience from the Compliance Perspective

In today’s competitive labor market, retaining top talent is more than just a human resources challenge but a compliance priority. This is one insight from the Harvard Business Review article, What Companies Get Wrong About...more

Fenwick & West LLP

Is the SEC Cracking Down on Life Science Companies Misleading Investors?

Fenwick & West LLP on

On December 3, the U.S. Securities and Exchange Commission settled charges against biotherapeutics company Kiromic BioPharma, Inc., its former CEO, and its former CFO for failing to disclose material information about...more

Wilson Sonsini Goodrich & Rosati

“It’s Not About How Much Stock You Have; It’s About How Much Copper Wire You Can Get Out of the Building With”: Founder Exits...

The founders and exec team are a critical component of an early-stage company’s business value. In a previous article, we provided detailed guidance on the comparison of U.S. and UK market practices in relation to equity...more

Allen Matkins

Is Delaware Corporate Law Meant Only For The Oἱ Όλίγοι?

Allen Matkins on

Professor Stephen Bainbridge has offered a rebuttal to my observation that Delaware's corporate law is inaccessible to everyday observers.  He posits that inaccessibility is a "feature not a bug".  As an example, he describes...more

Holland & Knight LLP

Grupo Empresarial y Control … ¿a qué te cojo ratón?

Holland & Knight LLP on

En este capítulo de "A Lo Legal En Par Minutos", nuestro socio Edwin Cortés dialoga con Miguel Lozano, abogado corporativo, acerca de las situaciones de control y grupos empresariales, sus diferencias y sus aplicaciones en la...more

DarrowEverett LLP

Injunction Halts Enforcement of Corporate Transparency Act: What’s Next?

DarrowEverett LLP on

On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction temporarily blocking enforcement of the Corporate Transparency Act (CTA) and its reporting rule...more

Thomas Fox - Compliance Evangelist

Compliance Tip of the Day: Board Compliance Committee

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned...more

Thomas Fox - Compliance Evangelist

Great Women in Compliance – Neta Meidav on Bridging the Trust Gap

In this week’s episode, Hemma visits with Neta Meidav to discuss bridging the trust gap with innovative technology and the power of women entrepreneurs in the ethics and compliance space. Neta is a visionary entrepreneur and...more

Thomas Fox - Compliance Evangelist

Compliance into the Weeds: DOGE and Compliance

The award winning, Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting...more

Thomas Fox - Compliance Evangelist

Daily Compliance News: December 4, 2024 – The So It Begins Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance...more

Farrell Fritz, P.C.

From Algorithms to Altruism: Risks and Rewards of xAI's Benefit Corporation Strategy

Farrell Fritz, P.C. on

The Wall Street Journal recently reported that xAI, the artificial intelligence startup founded by Elon Musk, completed a funding round of $5 billion at a pre-money valuation of $45 billion ($50 billion post-money). Rumored...more

Morris, Manning & Martin, LLP

IRS Issues New Form 15620 for Section 83(b) Elections

Many people make Section 83(b) elections, named for the subsection of the Internal Revenue Code of 1986 that authorizes them. Simply put, a Section 83(b) election allows taxpayers to include in their gross income the fair...more

Wyrick Robbins Yates & Ponton LLP

SEC Charges Four Companies with Misleading Cyber Disclosures

In October of 2024, the Securities and Exchange Commission (the “SEC”) charged four current and former public companies – Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited – with...more

Morris, Manning & Martin, LLP

SEC's Advocate for Small Business Capital Formation Explores the Use of Rule 506(c) Offerings by Alternative Investment Managers

A recent report from the SEC's Office of the Advocate for Small Business Capital Formation presents a study on how the Rule 506(c) exemption under Regulation D of the Securities Act of 1933 is used in fundraising by venture...more

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