United States: Corporate/Commercial Law

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Business law and corporate law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics that involve business and corporate law produced by specialists working in this area every day.
Article
The Hidden Pitfalls Of Side Letters In Venture Financings
Nearly every venture financing produces a set of core documents: an amended charter, a stock purchase agreement, an investors’ rights agreement, a voting agreement, and a right of first refusal and co-sale agreement. Those documents are negotiated by the company and the lead investor and apply to everyone in the round, and often to existing investors as well. Often, though, an individual investor asks for something extra, such as a management rights letter or another type of side letter.
United States Commercial
M
Mintz
Article
Delaware Court Of Chancery Dismisses Breach Of Fiduciary Duty Claims Related To Abandoned IPO And Subsequent Settlement Proceedings
A Delaware Chancery Court dismissed derivative claims against biotech company directors and stockholders, ruling that a plaintiff failed to adequately plead breach of fiduciary duty in connection with an abandoned IPO and subsequent litigation settlement. The decision reinforces the business judgment rule's protection for directors and clarifies that stockholder disagreement with board decisions does not overcome the presumption of good faith, while also addressing the rights of directors to resign and the
United States Commercial
AO
A&O Shearman
Article
Delaware Court Of Chancery Invalidates Board’s Rejection Of Activist’s Director Nomination Notice
A Delaware Court of Chancery decision examines whether a board of directors properly rejected an activist investor's director nominations in a proxy contest involving a Bitcoin-holding company. The case tests the boundaries of bylaw interpretation and board authority when an activist fund sought to nominate a full slate of directors amid concerns about potential asset liquidation and undisclosed conflicts of interest.
United States Commercial
AO
A&O Shearman
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Video
More Than Good Deeds: How Pro Bono Work Shapes Better Lawyers (And Better People) (Video)
Lowenstein attorneys and business services professionals share how pro bono work has enhanced their legal expertise and interpersonal abilities through direct client engagement, court experience, and cross-departmental collaboration. The discussion reveals how serving vulnerable clients at nonprofit organizations develops critical skills in empathy, creative problem-solving, and clear communication that translate across all areas of legal practice.
United States Strategy
LS
Lowenstein Sandler
Video
A Firmwide Commitment: Pro Bono As Core Work Across Every Practice (Video)
Lowenstein lawyers and business services professionals discuss the firm's comprehensive pro bono program, demonstrating how attorneys across all practice areas—from white collar defense to real estate—contribute to matters serving individuals, nonprofits, and communities. The video explores how pro bono work provides meaningful opportunities for client interaction, hands-on responsibility, and professional development while receiving the same attention as billable client matters.
United States Commercial
LS
Lowenstein Sandler
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Article
The Hidden Pitfalls Of Side Letters In Venture Financings
Nearly every venture financing produces a set of core documents: an amended charter, a stock purchase agreement, an investors’ rights agreement, a voting agreement, and a right of first refusal and co-sale agreement. Those documents are negotiated by the company and the lead investor and apply to everyone in the round, and often to existing investors as well. Often, though, an individual investor asks for something extra, such as a management rights letter or another type of side letter.
United States Commercial
M
Mintz
Article
Proposed Federal Legislation Would Significantly Expand Corporate Practice Of Medicine Restrictions Nationwide
Democratic lawmakers have introduced federal legislation that would prohibit corporate ownership and control of physician practices, marking a significant shift from traditional state-level regulation. The proposed Stop Corporate Takeovers of Physicians Act would impose sweeping restrictions on private equity firms, management service organizations, and other non-clinical entities involved in healthcare delivery. While facing substantial political obstacles, the bill signals growing regulatory scrutiny of h
United States Healthcare
HL
Hogan Lovells Cadwalader
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Article
What Companies Need To Know About Crafting Effective 483 Responses Today
FDA's inspection approach is evolving beyond checking individual procedures to evaluating quality systems as integrated wholes, fundamentally changing how medical device and pharmaceutical companies should respond to Form 483 observations. Drawing from experience with over 25 Form 483 and warning letter responses, this analysis reveals critical strategies for addressing systemic issues, demonstrating management engagement, and preparing for follow-up inspections in the QMSR era.
United States Healthcare
HL
Hogan Lovells Cadwalader
Article
FCC Updates TCPA Consent Revocation Rules, Seeks Comment On Further Changes
The Federal Communications Commission has amended its TCPA consent revocation rules, introducing category-specific opt-outs for informational robocalls and allowing callers to designate exclusive revocation methods. The changes aim to balance consumer control with operational flexibility while addressing concerns about the previous "revoke all" requirement that could inadvertently block wanted communications like fraud alerts and security notifications.
United States Media & IT
HL
Hogan Lovells Cadwalader
Article
Treasury Issues First Civil Penalty Under Outbound Investment Security Program
The US Treasury Department has issued its first civil penalty under the Outbound Investment Security Program, fining a venture capital firm $200,000 for failing to notify authorities of an investment in a Chinese AI company. This enforcement action signals heightened scrutiny of US investments in China's advanced technology sectors and raises critical questions about compliance obligations for companies with foreign subsidiaries.
Global Government
W
WilmerHale
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Article
The Hidden Pitfalls Of Side Letters In Venture Financings
Nearly every venture financing produces a set of core documents: an amended charter, a stock purchase agreement, an investors’ rights agreement, a voting agreement, and a right of first refusal and co-sale agreement. Those documents are negotiated by the company and the lead investor and apply to everyone in the round, and often to existing investors as well. Often, though, an individual investor asks for something extra, such as a management rights letter or another type of side letter.
United States Commercial
M
Mintz
Article
Vermont Restricts Private Equity Control Of Clinical Decision Making And Introduces Ownership Reporting For Health Care Facilities And MSOs
Vermont's Act 133 imposes new restrictions on private equity and hedge fund involvement in health care facilities, limiting investor control over clinical decisions while requiring detailed ownership disclosures to state regulators. The law creates significant compliance obligations for investors and operators, including an initial reporting deadline of March 1, 2027, and ongoing disclosure requirements for ownership changes.
United States Commercial
HL
Hogan Lovells Cadwalader
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