Business Law and Corporate Law

CF Private Equity President and CEO Mark Hoeing discusses how persistence of returns, disciplined manager selection, and rigorous diligence define success in today's private markets. He shares insights on continuation vehicles, the power law dynamics driving venture capital returns, and identifies founder-owned businesses and AI infrastructure as key sources of future growth.

In this episode of Private Market Talks, CF Private Equity President and CEO Mark Hoeing joins partner Howard Beber to explain how persistence of returns, disciplined manager selection, and rigorous diligence define success in today's market.

Aurelia Edwards, co-founder and general partner of Edin Capital, discusses her transition from startup founder to venture capital fund manager and explains why not every startup should pursue unicorn status. She shares insights on supporting founders with investment strategies that align with their actual business goals rather than forcing them into a Silicon Valley mold, while emphasizing the importance of understanding regional markets and generating both financial returns and community impact.

The judgment examines in detail the authorisation mechanics, valuation integrity and director conduct issues that arise when a GP-led continuation fund transaction goes wrong

This advisory examines the lifecycle of a typical special purpose acquisition company (SPAC) through its initial public offering, highlighting current market trends, sponsor economics, SEC disclosure requirements, Nasdaq listing developments, and the practical considerations that shape today's SPAC transactions.

A California appellate court has ruled that Delaware corporations with principal operations in California cannot use exclusive forum selection clauses to avoid the state's broader shareholder inspection rights, even when their bylaws designate Delaware as the exclusive forum for internal affairs disputes. The decision creates uncertainty for Delaware corporations operating in California and raises questions about the interplay between forum selection provisions and state public policy protections for minori

CF Private Equity President and CEO Mark Hoeing discusses how persistence of returns, disciplined manager selection, and rigorous diligence define success in today's private markets. He shares insights on continuation vehicles, the power law dynamics driving venture capital returns, and identifies founder-owned businesses and AI infrastructure as key sources of future growth.

Madison Square Garden Sports Corp. has filed a confidential Form 10 registration statement with the SEC to separate its New York Knicks and New York Rangers franchises into two distinct publicly traded companies. The proposed spin-off aims to provide each organization with enhanced strategic and financial flexibility, a more defined business focus, and clearer investment characteristics.

The Federal Trade Commission's split decision on IonQ's $1.8 billion acquisition of SkyWater Technologies reveals a nuanced approach to vertical merger enforcement, with both Commissioners agreeing on the potential for competitive harm yet reaching opposite conclusions on remedies. Their detailed public statements provide unprecedented insight into how the current FTC weighs foreclosure concerns against procompetitive efficiencies in rapidly evolving technology markets.

The FDIC has introduced a streamlined two-phase approach to deposit insurance applications, promising contingent authorization within 120 days and final approval within 12 months. While this accelerated timeline signals regulatory openness to new bank charters, including innovative fintech models, recent OCC denials reveal that speed comes with heightened expectations for application completeness, management quality, and operational readiness from day one.

Agentic wallets empower AI to execute payments, contracts, and business decisions autonomously. But US law offers no legal personhood for AI systems. Every action an AI agent takes must be attributed to a human or corporate actor, even when the AI behaves unpredictably or beyond what the user or developer intended.

Strong corporate board governance addresses four key themes: process discipline, board effectiveness, managing risk, and boardroom culture.