Significant tax incentives for investing in qualified opportunity funds (“QOFs”) that make qualifying investments in low-income census tracts designated as qualified opportunity zones (“QOZs”) were signed into law in December 2017 as part of the legislation known as the Tax Cuts and Jobs Act. Continue Reading
New Proposed FAR Rule Makes Way for Broadening Commercial Item Status to Products Developed Exclusively for and Sold to Friendly Foreign Governments
Venture Capital & Emerging Growth Companies Activities—May 2019
McCarter’s Venture Capital & Emerging Growth Companies Practice lawyers empower clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization, and monetization. We are pleased to share several outstanding firm highlights this Continue Reading
We’re About to See the Full Mueller Report, But Will it Change Anyone’s Mind?
We are now only days away from the release of the Mueller report. Former federal prosecutor Robert Mintz provides his insights about the investigation and how the full report may be received by the American public in “We're About to See the Full Mueller Report, But Will It Change Anyone’s Continue Reading
Delaware Supreme Court Reverses Court of Chancery Decision that Applied the Implied Covenant of Good Faith and Fair Dealing to Allow Minority Members to Force an Exit Sale
Oxbow Carbon & Minerals Holdings, Inc. v. Crestview-Oxbow Acquisition underscores the importance of carefully reviewing and complying with an operating agreement when a limited liability company (LLC) undergoes a significant transaction. Case Background Two hedge funds, Crestview Continue Reading
Univar Defeats State of Delaware’s First Attempt to Enforce Administrative Subpoena Since the State’s 2017 Amendment of the Delaware Escheats Law
State of Delaware, Dept. of Finance v. Univar, Inc., C.A. No. 2018-0884-JRS (Del. Ch. Apr. 8, 2019) Abandoned property is a key source of revenue for the State of Delaware and regularly exceeds half a billion dollars annually. McCarter represents Univar, Inc., before state and federal courts in Continue Reading
Corporation Law: Pennsylvania
McCarter partner Philip Amoa authored a Q&A guide to corporation law in Pennsylvania, which was published by Thomson Reuters’ Practical Law. The Q&A addresses key areas of corporate law, including formation, foreign qualification, mergers, anti-takeover laws, and dissolution. Continue Reading
ADR in the Age of Cybersecurity
Arbitrators today must take their confidentiality responsibilities to a whole new level. This article examines some of the many measures that may be adopted by alternative dispute resolution professionals as part of a cybersecurity strategy, and looks at the professional reasons the care is Continue Reading
Selling North of the Border? Summer Brings Changes in Canadian Trademark Law
As the weather warms up in 2019, the trademark laws of our biggest trading partner will undergo a massive change. Trademark registration in Canada is often overlooked, but it has always been important because one cannot obtain a nationwide order for relief from infringement without a federal Continue Reading
Venture Capital & Emerging Growth Companies Activities—April 2019
McCarter’s Venture Capital & Emerging Growth Companies Practice empowers clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization and monetization. Our leading practice has been ranked globally in venture capital transactions Continue Reading