On April 30, 2021, the Delaware Chancery Court (the "Court") issued a decision in Snow Phipps Group, LLC v. KCake Acquisition, Inc., ordering an affiliate of private equity buyer Kohlberg & Co. ("Kohlberg") to...
Ascend Partners has completed an equity investment in Rendr, according to a news release.
Perkins Coie LLP
More than a year into the COVID-19 pandemic, the first form of federal relief prepared specifically for restaurants is likely to be delivered soon.
Husch Blackwell LLP
The Biden Administration is imminently expected to release an executive order that will require government contractors to notify the government in the event of a cybersecurity breach.
With the passage of SB 826 in 2018, California became the first state to mandate board gender diversity (see this PubCo post).
Mayer Brown partners Andrew Noreuil, Michael Gill and Brian Massengill discuss two recent decisions of the Delaware Supreme Court regarding the ability of parties to limit their liability for fraud...
SunStreet is a provider of solar panel systems that designs solar panels to produce more solar energy than most traditional systems.
PBCs are gaining mainstream acceptance as societies and markets increasingly insist that corporations generate positive social impact alongside profits.
Shearman & Sterling LLP
On April 30, 2021, then-Vice Chancellor Kathaleen McCormick of the Delaware Court of Chancery struck a "victory for deal certainty" in Snow Phipps Group, LLC v. KCake Acquisition, Inc...
Podcast episode with Milbank partners Allan Marks, Rod Miller and Iliana Ongun.
In In Re Baker Hughes Inc. Merger Litig., C.A. No. 2019-0638-AGB (Del. Ch. Oct. 27, 2020), the Delaware Court of Chancery declined to dismiss claims that the CEO of Baker Hughes Incorporated...
In In re USG Corporation Stockholder Litigation, C.A. No. 2018-0602-SG (Del. Ch. Aug. 31, 2020), the Court of Chancery...
Bryan Cave Leighton Paisner LLP
Last week the Staff of the Division of Corporation Finance issued a statement addressing a variety of accounting, financial reporting and governance issues...
Morrison & Foerster LLP
How can legal structures help investors maximize the impact of their investments?
CMTQ couldn't help notice in mid-April when the stock market was "shocked, shocked" at a news report that President Joe Biden would propose increasing individual federal income tax rates...
Given the rise in prices, it won't be long before we see M&A transactions in crypto, says one lawyer.
"At the beginning of this year, the space transportation start-up Momentus thought it would be well on its way towards its stated mission of 'revolutionizing space infrastructure and the space economy
On April 29, 2021, Sen. John Kennedy (R) introduced the Sponsor Promote and Compensation (SPAC) Act (the "bill").
Morrison & Foerster LLP
M&A in the media industry is about to pick up. Recently, the U.S. Supreme Court upheld the U.S. Federal Communications Commission's (FCC) 2017 rollback of media ownership limits.
Akin Gump Strauss Hauer & Feld LLP
Registered investment advisers are required to make filings with the Securities and Exchange Commission (SEC) each year and deliver certain information to their clients.