Judson Stein is a regular lecturer and author of program materials, including, "Wealth Transfer Planning under the Tax Cuts and Jobs Act," May 22, 2028 "Guardianships and End of Life Issues," April 3, 2018 "Recent Tax Developments/Estate and Gift Tax Return Primer," January 18, 2018 Continue Reading
Taking Stock of the Block: Blockchain, Corporate Stock Ledgers, and Delaware General Corporation Law—Part II
Delaware recently amended the Delaware General Corporation Law to authorize Delaware corporations to replace their paper and electronic stock ledgers with a blockchain. Blockchain, also known as a distributed ledger, can promote efficient recordkeeping, but there are several legal and practical Continue Reading
New USPTO Proposal for Claim Interpretation in PTAB Proceedings Would Strengthen Patent Rights
The US Patent and Trademark Office (USPTO) recently proposed to apply a different claim construction standard in post-grant review proceedings (i.e., IPRs, PGRs, and CBMs) before the Patent Trial and Appeal Board. The USPTO now upholds patents in post-grant review proceedings only if the patent Continue Reading
Send Lawyers, Guns and Money: The New Conventional Arms Transfer Policy
Years ago I witnessed the owner of a Staten Island car dealership talking to his sales staff about their end-of-model-year sale. The dealership owner flogged and lashed about incentives, rebates and financing, but the message was singular: We’re here to deal! I was reminded of this on April 19, Continue Reading
Limits of Stockholder Ratification Defense When Directors Make Equity Awards to Themselves
In a stockholder litigation involving a bank defendant in December 2017, the Delaware Supreme Court considered the limits of the stockholder ratification defense when directors make equity awards to themselves under the general parameters of an equity incentive plan. When stockholders approve the Continue Reading
Venture Capital & Emerging Growth Companies Activities—May 2018
McCarter’s Venture Capital & Emerging Growth Companies practice empowers clients throughout the development cycle—from ideation to creation, capitalization, implementation, commercialization and monetization. Our representation is defined by a paradigm-shifting business model that Continue Reading
Taking Stock of the Block: Blockchain, Corporate Stock Ledgers, and Delaware General Corporation Law—Part I
Delaware recently amended the Delaware General Corporation Law to authorize Delaware corporations to replace their paper and electronic stock ledgers with a blockchain. Blockchain, also known as a distributed ledger, can promote efficient recordkeeping, but there are several legal and practical Continue Reading
Opioid Crisis Shines Light on Need for D&O Coverage
Countless executives maintain a false sense of security when it comes to their potential legal exposure. Directors and officers liability insurance policies—commonly known as "D&O policies"—are designed to protect management-level employees against allegations of wrongful conduct. The polices do Continue Reading
New Laws in the #MeToo Era: New York Requires More of Employers to Combat Workplace Sexual Harassment
New York State employers must adopt more stringent anti-sexual harassment policies and procedures under amendments to existing state laws embedded in the state budget signed into law by Governor Andrew Cuomo on April 12, 2018. These amendments become effective over the next year and include Continue Reading
The March Toward Utility-Scale Energy Storage Keeps Going and Going and Going: States Are Forming Ranks
Federal energy regulators recently embraced utility-grade, battery-facilitated energy storage, and now states must fall in line to unlock the full value of storage technology. Stakeholders across a wide cross section of industries – investor-owned utilities and cooperatives, solar and wind Continue Reading