Business Law and Corporate Law

Debt Finance partner Raquel Smith joins hosts Laura Cicirelli and Eric Weiner to discuss venture debt facilities, unpacking key terms founders should understand including common red flags, covenants, and events of default. The conversation explores building strong relationships within the venture debt ecosystem and examines the broader risks, strategic considerations, and potential pitfalls associated with venture debt financings.

In a development that will have implications for companies and individuals both who have previously settled cases with the SEC and who may settle cases in the future, the U.S. Securities and Exchange Commission...

California's Attorney General settlement with Aspen Dental establishes new compliance boundaries for management service organizations (MSOs) in healthcare, targeting revenue-based fees, property ownership, and clinician restrictions.

California's Attorney General settlement with Aspen Dental establishes new compliance boundaries for management service organizations (MSOs) in healthcare, targeting revenue-based fees, property ownership, and clinician restrictions.

Indiana has enacted a proxy advisor disclosure statute nearly identical to Texas's previously enjoined law, and ISS has filed a constitutional challenge.

The SEC has rescinded its longstanding policy requiring defendants to neither admit nor deny allegations in settlement agreements, marking a significant shift in enforcement practices.

In a development that will have implications for companies and individuals both who have previously settled cases with the SEC and who may settle cases in the future, the U.S. Securities and Exchange Commission...

Investing in a company that already has a priced round? The standard Y Combinator SAFE agreement may be costing you money and rights you didn't realize you were giving up. This analysis identifies five critical provisions in post-seed SAFEs where investors should push back to protect their interests, from valuation cap calculations to liquidation waterfalls and tax treatment considerations.

The SEC has rescinded its longstanding policy requiring defendants to neither admit nor deny allegations in settlement agreements, marking a significant shift in enforcement practices.

Early transparency around costs, infrastructure constraints, and permitting considerations can serve as a competitive advantage in major economic development projects. Drawing on real-world development scenarios, this piece highlights how proactive disclosure and infrastructure planning can help manage risk, protect project timelines, and build trust among companies, communities, and stakeholders.

Generative Artificial Intelligence (AI) tools are increasingly being used by businesses, often without the knowledge or direction of their counsel. A recent federal court decision, United States v. Heppner...

Judge Rakoff's ruling in United States v. Heppner establishes that using commercial generative AI tools to process confidential information may destroy attorney-client privilege and work product protection.