Business Law and Corporate Law

A New Jersey federal court ruled that an exclusive reseller agreement for law enforcement training curricula may constitute a franchise relationship under state law, despite the parties never using the term "franchise."

If you’re on the management team of a Delaware corporation or serve as general counsel to one, it’s only a matter of time before a stockholder shows up with a books and records demand under Section 220...

The U.S. Securities and Exchange Commission (“SEC”) issued an order on April 28, 2026 making inflation-adjusted increases to the dollar amount thresholds for meeting the definition of “qualified client” in Rule 205‑3 under the Investment Advisers Act of 1940 (the “Advisers Act”). These are ordinary course threshold increases made pursuant to the SEC’s obligation under Section 418 of the Dodd-Frank Act to adjust the QC thresholds every five years.