The Delaware Court of Chancery recently recommended dismissal of an employer’s motion to enforce a two-year noncompete contained in a profits interest award against a former employee. The restriction prohibited the employee,…
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/ Consumer Protection, Labor & Employment Law, Privacy
Who may be interested: Registered Investment Companies; Directors of Registered Investment Companies; Investment Advisers; Broker-Dealers; Lenders; Private Funds; Wealth Managers; and Public Companies.
Quick Take: The…
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/ Science, Computers, & Technology, Securities Law
BlackRock has filed a Form S-1 with the SEC to list the iShares Bitcoin Premium Income ETF (the “IBPI ETF”). The proposed IBPI ETF would manage a “covered-call” strategy on bitcoin exposure through BlackRock’s existing iShares…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
In the latest self-employment tax ruling, the Fifth Circuit Court of Appeals issued a ruling in Sirius Solutions, L.L.L.P. v. Commissioner (the “Ruling”) that will ultimately permit state-law limited partners to exclude their…
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/ Business Organizations, Taxation
Fat Brands, burdened with heavy debt, declares bankruptcy | Restaurant Business -
The owner of Fatburger, Twin Peaks, Johnny Rockets, and Nestle Toll House Café—among other brands—has declared bankruptcy after accruing $1.45…
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/ Bankruptcy, Franchise Law, Securities Law
F/m Investments just took a step toward modernizing ETFs by asking the SEC to let it issue tokenized shares of its Treasury 3 Month Bill ETF, TBIL. Under F/m’s proposal, ownership of these ETFs would be recorded on a…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
On January 14, 2026, the Federal Trade Commission (the “FTC”) announced that it will (i) increase the dollar-based thresholds used to determine whether parties are required to notify federal antitrust authorities about a…
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/ Administrative Law, Antitrust & Trade Regulation, Mergers & Acquisitions
The Director of the Securities Exchange Commission (“SEC”) Division of Investment Management (the “Director”) gave remarks this month regarding registered investment advisers (“RIAs”) and their proxy voting responsibilities in…
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/ Science, Computers, & Technology, Securities Law
Saks Global files for bankruptcy after takeover leads to financial collapse | The Guardian -
The high-end department store conglomerate filed for Chapter 11 on Tuesday…
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/ Bankruptcy, Finance & Banking
On January 7, 2026, the Securities and Exchange Commission (the “SEC”) proposed amendments to its rules that would, if adopted, significantly widen the number of registered investment advisers (“RIAs”) and investment…
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/ Securities Law
On December 29, 2025, the Securities and Exchange Commission (the “SEC”), through a rule amendment,1 delegated authority to the Director of the Division of Investment Management to authorize the issuance of orders to grant,…
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/ Administrative Law, Securities Law
Since the January 3, 2026 capture of Venezuelan leader Nicolás Maduro, fast-moving discussions between the US and Venezuelan authorities are creating momentum around a shift in US sanctions policy concerning the sale and…
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/ Energy & Utilities, Finance & Banking, International Law & Trade
Delaware court enforces five-year non-compete signed during merger -
In William Brian Derge v. D&H United Fueling Solutions, Inc., et al., the Delaware Court of Chancery enforced a five-year non‑compete signed in connection…
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/ Commercial Law & Contracts, Labor & Employment Law, Mergers & Acquisitions
This memorandum summarizes key US Securities and Exchange Commission and stock exchange regulatory filing deadlines, new disclosure requirements and general tips and guidance both for US domestic issuers and for foreign private…
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/ Business Organizations, Securities Law
On December 11, 2025, the U.S. Securities and Exchange Commission (the “SEC”) issued no-action relief(the “DTC Letter”) to The Depository Trust Company (“DTC”) permitting for three years the operation of a pilot version (the…
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/ Finance & Banking, Science, Computers, & Technology, Securities Law
