This last cold, gray drizzling day of April here in Boston might as well be the day on which we discuss bankruptcy, itself a gray subject. I am sure all readers are fascinated by waivers in bankruptcy proceedings, so do read … Continue reading
Category Archives: The Law
The SEC yesterday proposed significant new regulations affecting the relationship between investment advisors and retail customers. In substance, proposed Regulation Best Interest would establish a duty for registered advisors and retail brokers to act in the best interest of the … Continue reading
It depends whom you ask. The cultural values of a company are transmitted downstream by the CEO, but the Board of Directors names and monitors the CEO and is responsible for the culture evidenced at the Board level. Since the … Continue reading
Recent cases both in the law reports and in my practice have emphasized the risks run by sub-licensees when the prime licensee lose the prime license. Let’s assume University licenses technology to A and A sub-licenses (properly under the prime … Continue reading
The SEC requires reporting companies to report material risks and impacts of climate change on their businesses. How are they doing? Not so well, according the the Government Accountability Office report late last month. The SEC does not get this … Continue reading
Digital data, its analysis and its use, is revolutionizing businesses of all types. According to an expert panel convened today by the New England Chapter of National Association of Corporate Directors, either you digitize or die. What is it? It … Continue reading
Different versions of Groucho Marx’ famous remark that he would not be a member of any club that would accept people such as himself, reprised by Woody Allen, came to mind when I read today the SEC’s quasi-absurd news release … Continue reading
Mirror Mirror on the wall, Who’s the fairest of them all? Starting this July 1, virtually all Massachusetts employers regardless of size must provide gender-based equal pay for equal work (regardless of disparity of titles) for almost everyone: full-time, part-time, … Continue reading
While women have achieved board membership equality in non-profit corporations (48% nationwide), racial and ethnic minorities have not moved the needle over the last twenty years, according to a presentation by Board Source (advisers to non-profits) held in Boston last … Continue reading
Last week’s news carried an SEC press release recounting charges filed against a Florida stock promoter accused of fraud on investors. Details were unremarkable, and for purposes of this post unnecessary. At the end of the release, as is typical, … Continue reading