The Times today reports that the House has passed a broad measure encouraging companies to open their networks and records to Federal investigators of cyber breaches. Since the Senate Intelligence Committee has recommended a similar measure and since the Administration … Continue reading
Category Archives: The Law
Income inequality in the United States is recognized as a worsening significant issue. At a recent meeting of the Columbia University Alumni Association (held in the austere richness of Boston’s Algonquin Club), Economics Professor Sunil Gulati, and politically liberal chief investment … Continue reading
A panel of activist fund investors assured the breakfast audience at the National Association of Corporate Directors/New England today that all public companies are on their potential radar screen. One panelist stated “the only defense is, don’t be public,” a … Continue reading
MassMEDIC, the trade association for the Massachusetts medical device industry, hosted a program this morning built around integrating the “human factor” into device design. The FDA’s 2011 draft guidance (promised to be made final this year) includes the usability of … Continue reading
Last week the SEC finally released definitive rules, under the 2010 Jobs Act, to permit Regulation A offerings of up to $50M by unregistered issuers, significantly advancing the scope of permitted offerings (now capped at $5M). The lesser disclosure requirements and … Continue reading
Mid-way through the National Association of Corporate Directors breakfast held in Newton this week, former Boston Police Chief Ed Davis, now a security consultant, held up a picture of someone with a long Russian name. “$3,000,000,” intoned Davis. “The FBI … Continue reading
At the March 6th meeting of MassMEDIC, the association of the medical device industry, two expert panels discussed both the key attributes which an early stage company must have to attract financing, and the landscape for obtaining that financing. Requisite … Continue reading
Chris Coburn, who runs the Partners Healthcare Innovation Center, delivered what amounted to a sales pitch to emerging life science companies, urging them to work with the vast Partners system. Addressing a meeting of MassMEDIC, the association of the medical … Continue reading
Corporate directors generally are aware of the fact that they are protected by the so-called “business judgment rule”: if a director of reasonable intelligence applies reasonable diligence and doesn’t make a personal profit out of any decisions, then courts … Continue reading
The so-called SDX Protocol, a roadmap prepared by directors, advisors and institutional investors to establish a play book for interaction between the investment community and independent corporate directors, was analyzed at the January 13 meeting of the National Association of … Continue reading