Business Law and Corporate Law

A Texas Business Court ruling examines whether the phrase "in perpetuity" in an M&A agreement truly means forever, even when the underlying asset ceases to exist.

An anonymous hotline complaint comes in. The allegations are serious. The clock is ticking. What should you do first?

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."

The international landscape for estate and succession planning is being reshaped by unprecedented demographic shifts, evolving family structures, and the rise of digital wealth. As tens of trillions of dollars prepare to transfer between generations globally, legal practitioners must navigate an increasingly complex environment where traditional inheritance laws intersect with same-sex marriage recognition, assisted reproductive technologies, cryptocurrency holdings, and competing jurisdictional tax regimes

Connecticut has transformed into a trust-friendly jurisdiction through comprehensive statutory reforms, including the Uniform Trust Code, Directed Trust Act, and extended perpetuities period allowing trusts to last 800 years. How do these modern trust-planning tools balance with Connecticut's rigorous estate tax regime and the state's position as the only jurisdiction imposing both estate and gift taxes?

The IRS has issued guidance on whether transactions involving a family-owned corporation, revocable trusts, and a private foundation constitute prohibited self-dealing under Internal Revenue Code § 4941.

McDermott Will & Schulte’s Family Office Symposium 2026 brought together more than 425 single-family office executives and industry leaders for insightful conversations, shared perspectives, and meaningful connections.

Nonprofit organizations face increased federal investigative scrutiny and must develop incident-response plans to protect themselves when law enforcement agents arrive with search warrants or subpoenas.

When a public charity is formed, the focus is often on the organization’s purpose, the application for 501(c)(3) tax-exempt status, and board structure. Another decision is just as important: whether the corporation...

Growing companies are increasingly integrating AI into everyday workflows, but many lack formal policies governing its use. Without clear guidelines on approved tools, data handling, and accountability, organizations risk legal complications, inconsistent practices, and unintended exposure of sensitive information as employees adopt AI tools informally.

For decades, U.S. securities regulation has treated foreign private issuers with 'home country deference,' but this approach is now giving way to 'domestication'—a move to align these issuers with U.S. reporting norms. This paper examines whether recent SEC remarks and actions mark a fundamental shift in regulatory priorities, exploring the rationale behind this hypothesis and what it might mean for foreign issuers accessing U.S. capital markets.

The traditional full-buyout model in private M&A is giving way to a diverse array of flexible deal structures, including minority investments, preferred equity, staged acquisitions, and continuation vehicles. These instruments are increasingly deployed to bridge valuation gaps, manage risk, and accommodate differing views on control and liquidity.