The Home Loan Banks’ Mission Is Vital. They Must Stay the Course
The Federal Home Loan banks have never run adrift of their mission. The only ones asking for trouble are those who suggest we get rid of these vital institutions, suggests Michael Horn. Continue Reading
2023 Amendments to the DGCL and Delaware’s Alternative Entity Statutes
The 2023 amendments to the Delaware General Corporation Law (the “DGCL”), the Delaware Revised Uniform Partnership Act (the “DRUPA”), the Delaware Revised Uniform Limited Partnership Act (the “DRULPA”), and the Delaware Limited Liability Company Act (the “DLLCA” and, together with the DRUPA and the Continue Reading
New Jersey Law Will Permit Small Businesses to Cure Certain First-Time Violations
Small New Jersey businesses may be granted 60 days to cure certain first-time violations before a monetary fine or civil penalty is imposed under a new state law that took effect on June 19, 2023. The bill (A-4753/S-3208) was part of a legislative package signed by Governor Phil Murphy on March 20, Continue Reading
Disclosing Risk Factors in Municipal Securities Offerings
Tax-exempt bonds are a common financing tool for state and local government issuers and nonprofit organizations, such as colleges, universities, and healthcare systems. Although municipal securities generally are exempt from federal securities laws, borrowers that benefit from these municipal Continue Reading
Challenging Government Use of Nontraditional White Collar Tools
The government prosecutes countless white collar cases with an ever-increasing reliance on nontraditional techniques, so defense attorneys must be aware of these tools and challenge them vigorously, advise Glenn MacKinlay and Dean Elwell. Continue Reading
TikTok Dances Off of Contractor IT Devices—Interim Rule Prohibits ByteDance Limited Applications
Delaware Court of Chancery Refuses to Save Investor from Itself
Braga Investment & Advisory, LLC v. Musa Yenni, et al., C.A. No. 2019-0408-PAF (Del. Ch. May 31, 2023), Fioravanti, V.C.—The Delaware Court of Chancery entered judgment in favor of the defendants in a breach of contract dispute arising from the plaintiff’s purchase of a minority ownership Continue Reading
Supreme Court Invalidates Race-Based Affirmative Action in Higher Education Admissions: What Does That Mean for Private Employers?
The United States Supreme Court made headlines recently by ruling that colleges and universities may no longer take race into account when making admissions decisions. At a time when the population is growing ever more diverse and businesses are facing scrutiny from various constituencies on the Continue Reading
INFORM Consumers Act: Let the Sun Shine on the Online Marketplace
Are you facing the frustration (and cost) of playing whack-a-mole with counterfeit and infringing products on Amazon and other online marketplaces? If so, the newly enacted INFORM Consumers Act could be a major new tool in your fight against retail theft and counterfeiting on online Continue Reading