The SEC has released long-awaited proposed rules to implement Title IV of the JOBS Act, now known as Regulation A+.1 This regulation could bridge a difficult gap for small companies looking to raise capital. If your company has a financing goal larger than privately sourced equity generally Continue Reading
New Jersey’s General Statute of Limitations Now a Defense to Spill Act Claims for Contribution
The New Jersey Appellate Division just ruled that the general six-year statute of limitations for property damage claims applies to a private claim for contribution brought under the New Jersey Spill Compensation and Control Act. Morristown Associates v. Grant Oil Co., et al, (App. Div., Continue Reading
Valid and Enforceable: Delaware Corporation Bylaws With Forum Selection Clauses
The Delaware Court of Chancery, in Boilermakers Local 154 Retirement Fund v. Chevron Corporation, C.A. No. 7220-CS (Del. Ch. June 25, 2013), has ruled that forum selection bylaws, bylaws providing for litigation to be in a specific forum, are statutorily valid under the Delaware General Continue Reading