For startup founders, few concepts are as important—or as commonly misunderstood—as dilution. It often first arises during a financing round, when investors receive equity (i.e., shares) in exchange for capital. Dilution is not…
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/ Business Organizations, Finance & Banking, Securities Law
The EU AI Act (AI Act), effective since February 2025, introduces a risk-based regulatory framework for AI systems and a parallel regime for general-purpose AI (GPAI) models. It imposes obligations on various actors, including…
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/ Administrative Law, International Law & Trade, Science, Computers, & Technology
AB 130 focuses on streamlining the approval of urban-infill housing. SB 131 complements AB 130 by removing CEQA hurdles for a broader range of project types and land use decisions. CEQA exemptions do not override local zoning…
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/ Environmental Law, Real Estate - Residential, Zoning, Planning & Land Use
Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit unless construction starts within one year of the date of enactment of the legislation…
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/ Energy & Utilities, Environmental Law, Taxation
On June 26, 2025, the UK government brought into force the Public Interest Disclosure (Prescribed Persons) (Amendment) Order 2025 (the “2025 Amendment”), marking a notable development in the UK government’s sanctions enforcement…
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/ Labor & Employment Law, Finance & Banking, International Law & Trade
Unclear intellectual property (IP) ownership can pose significant challenges for startups, especially during a sale process (i.e., M&A) or investment rounds. Investors and buyers meticulously examine the chain of title for IP…
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/ Government Contracting, Intellectual Property, Mergers & Acquisitions
In SMS Data Products Group, Inc., B-423341, et al. (May 29, 2025), SMS Data Products Group protested a task order award to Abacus Technology Corporation for intranet control support services. While the protest raised several…
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/ Administrative Law, Commercial Law & Contracts, Government Contracting
On June 18, 2025, the U.S. Senate passed the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). This passage followed a successful cloture vote earlier in May. The bill obtained significant…
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/ Administrative Law, Consumer Protection, Finance & Banking
On June 27, 2025, the Texas Supreme Court issued its long-awaited decision in Cactus Water Services, LLC v. COG Operating, LLC, No. 23-0676, resolving a high-stakes dispute over the ownership of produced water—a vexing byproduct…
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/ Commercial Law & Contracts, Energy & Utilities, Environmental Law
On May 27, 2025, Texas Governor Greg Abbott signed into law Senate Bill 2420, also known as the App Store Accountability Act. The law will take effect on January 1, 2026, and requires businesses operating app stores to verify…
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/ Consumer Protection, Privacy, Science, Computers, & Technology
Creditors under English law can take many forms of security, including fixed charges, mortgages and assignments. One of the more unique features of English security is the floating charge. The English legal system distinguishes…
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/ Bankruptcy, Commercial Law & Contracts, Finance & Banking
The bill expands the types of cases that the Business Court may hear and requires the Texas Supreme Court to adopt rules governing jurisdictional determinations. The bill also introduces key administrative reforms.
On June 2,…
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/ Civil Procedure, Commercial Law & Contracts
Pillsbury’s communications lawyers have published the FCC Enforcement Monitor monthly since 1999 to inform our clients of notable FCC enforcement actions against FCC license holders and others. This month’s issue includes: CB…
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/ Administrative Law, Communications & Media Law
Wind and solar projects placed in service after 2027 would not be eligible for the clean electricity production or investment credit, and a new excise tax of up to 50% for wind and 30% for solar would be imposed on wind and…
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/ Energy & Utilities, International Law & Trade, Taxation
In DirectViz Solutions, LLC, B-423366, et al. (June 11, 2025), DirectViz Solutions protested the Army’s issuance of a task order to Peraton for cybersecurity information technology support services for the Army’s Global Cyber…
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/ Administrative Law, Government Contracting
