The wires this week are all aflame with the news of passage of the new Farm Act, which was promptly signed by the President. The bill legalizes hemp, a plant with substantial industrial use which has been banned in the … Continue reading
Stephen Honig
It is a generalization, but one I am willing to make, that Delaware courts tend to restrict the rights of shareholders and side with Delaware-formed corporations in allowing companies wide latitude in governing themselves and setting ground-rules of dispute resolution. … Continue reading
Seems Harvard is under attack by everyone these days. One group has sued claiming bias in favor of white undergraduate applicants to the detriment of Asian students. But Harvard Law School, including particularly the Harvard Law Review, is being sued … Continue reading
The SEC today released their list of matters which they will be most focused upon in the coming year. Matters relating to advisers are these: protection of retail investors, including seniors and those saving for retirement. Clarity of disclosure of … Continue reading
It has been a while since my last post but end of year is pretty busy for attorneys. I have been collecting items about which I want to share my views, however, and this is the first of a brief … Continue reading
In dealing with Millennial employees, it seems that some of the old rules of compensation are not effective. In a recent breakfast meeting of the New England Chapter of the National Association of Corporate Directors, directors serving on corporate compensation … Continue reading
Regulation D, as I fully expect most readers know, is the typical (though not exclusive) way to raise business capital without SEC registration; it permits issuers to sell securities to wealthy investors with minimal formal disclosure requirements. But lurking in … Continue reading
What do boards have to know about blockchain to discharge their fiduciary obligation to oversee their companies? On October 16, the National Association of Corporate Directors (New England) presented a program both explaining blockchain technology and addressing the function … Continue reading
In a best-of-five series, the Sox and NY Yankees are tied one game apiece with two of the next three games played in Yankee Stadium, a park uniquely constructed to allow Yankee players to hit an inordinate number of home … Continue reading
Recent news items: the SEC bars Elon Musk from board chairmanship for three years and fines each of Musk and Tesla $20M; California passes a law requiring public companies headquartered there to have at least one woman director, and in … Continue reading