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
Category Archives: The Law
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
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
When you are acquiring a company, what sort of steps should you take to limit cyber risk within your target? What do the big boys do? Lawyers always will insert warranties, representations and indemnities in acquisition agreements but, on the … Continue reading
Everyone knows that greater Boston is “what’s happening” in the science and business of life science and biotech. On September 20, 2018, the Boston Bar Association brought together lawyers and scientists in an effort to educate lawyers as to trends … Continue reading
Tariffs. Business Cycles. Immigration Policy. Infrastructure. Cost of Health Care. These are the issues that were on the minds of senior CEOs convened for a Boston breakfast meeting on September 20, 2018 by the National Association of Corporate Directors-New England … Continue reading
Herewith, the sad ending to the demise of a once-great lawfirm that cratered about five years ago, sticking creditors with large unpaid debt. Dewey & Lebouef, the result of a merger of two large firms with one tracing its roots … Continue reading
Last week SEC Chair Jay Clayton announced that the SEC has begun a study to completely revise the matrix of laws and rules that permit the sale of securities without filing a Federal prospectus. Characterizing the current system as a … Continue reading
The wicked flee when no man pursueth: but the righteous are bold as a lion. — Proverbs 28:1 In the 2016 Massachusetts SJC decision of Commonwealth v Warren, the Court declared that running away from the police, without additional indications … Continue reading
Will the twains ever meet in the board-room? Sort of. Recent statistics cited by the Korn Ferry placement firm looked at boards of the S&P companies. Only twenty directors were in their thirties while a whopping 2,488 were in their … Continue reading