Business Law and Corporate Law

The New York Stock Exchange and NYSE American have adopted new continued listing requirements establishing a 25-cent minimum trading price threshold that will trigger immediate suspension and delisting proceedings upon a single-day breach, with no cure period available. With the rules taking effect July 1, 2027, companies trading near this threshold face critical decisions about reverse stock splits...

Public companies and Section 16 reporting persons must complete an annual EDGAR confirmation to maintain their filing capabilities, but many filers overlook this straightforward requirement until it's too late. Missing the deadline triggers a three-month grace period followed by complete account deactivation, requiring a full reapplication process that voids all existing user authorizations.

The SEC's Division of Investment Management has issued groundbreaking no-action relief allowing Franklin Templeton registered funds to custody tokenized shares of a blockchain-integrated government money market fund with an affiliated transfer agent. This marks the first time SEC staff has applied the Investment Company Act's self-custody framework to digital assets, establishing a precedent for how registered funds may hold tokenized securities using blockchain technology and multi-party computation protoc

A recent California lawsuit alleges that AI-based employee selection tools discriminated against workers on protected leave and those with disabilities during a reduction in force. The case highlights critical legal risks for employers deploying AI in high-stakes employment decisions, particularly around how AI systems handle productivity metrics for employees who are absent or working under accommodations.

In C.S. v. Brick Recycling Co., the New Jersey Appellate Division vacated a trial court decision requiring the disclosure of documents relating to an attorney-led workplace investigation into sexual harassment. In doing so, the court provided important guidance on the discoverability of documents relating to such investigations.

The D.C. Circuit's landmark decision in United States v. Navarro establishes that only the president or an authorized designee may invoke executive privilege in response to congressional subpoenas, fundamentally reshaping the obligations of current and former government officials. This comprehensive analysis examines the constitutional foundations of congressional investigative power, enforcement mechanisms ranging from criminal contempt to civil litigation, and the critical defenses available to subpoena r

High-net-worth individuals and private equity investors increasingly explore offshore trusts as sophisticated wealth planning tools that may provide enhanced asset protection, investment management flexibility, and multigenerational wealth preservation. Understanding the strategic benefits, tax implications, and compliance requirements of these complex structures is essential for entrepreneurs, executives, and families seeking to protect significant holdings while maintaining appropriate control and meeting

New York lacks a formal slayer statute but applies a common-law "slayer rule" established in the landmark 1889 case Riggs v Palmer, which prevents individuals from profiting through their own wrongdoing.

For families with substantial wealth, estate planning is often designed to prevent disputes. Trusts are carefully drafted. Assets are placed into entities or trusts. Professional fiduciaries may be appointed to manage property. Succession plans are developed for family businesses.

On July 9, 2026, the United States District Court for the Central District of California issued its decision in So Cal Storage, LLC et al. v. UNITS Franchising Group, Inc., 2026 WL 2045621 (C.D. Cal. July 9, 2026), granting a franchisor's motion to dismiss the franchisees’ claims arising from alleged misrepresentations, software failures, vendor restrictions, and misuse of advertising fund contributions.

Vice President and Chief Administrative Officer of Arthur M. Blank Sports and Entertainment, Nick Brown, discusses his transition from private practice to the business side of sports, sharing insights on overseeing operations for an ownership group with franchises spanning multiple professional leagues. The conversation explores the skills that shaped his career, the unique challenges of working in a multi-team sports organization, and the evolving legal and business landscape of professional sports.

Franchise disputes commonly involve breach of contract, termination issues, intellectual property conflicts, and territorial encroachment between franchisors and franchisees. Understanding the franchise agreement's dispute resolution procedures and state franchise laws like New Jersey's pro-franchisee statute is critical to resolving these conflicts effectively. Both parties benefit from proactive communication and following contractual procedures for mediation, arbitration, or litigation.