Venture Capital

Investors Exercising Blocking Rights May Be Sued for Breach of Fiduciary Duties

Recent decisions in the Delaware Court of Chancery confirm that investors exercising blocking rights may be held liable...

Small Business Administration Releases PPP Loan Forgiveness Application and New Interim Final Rule

Learn the details of how small businesses and entrepreneurs can apply to have their PPP loans forgiven.

May 25 · 4 min read >

CARES Act and The Paycheck Protection Program for VC and PE Backed Companies

On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security Act. The law...

Kik ICO Showdown May Reverberate Across Crypto Industry

The U.S. Securities and Exchange Commission has sued Canadian social media company Kik Interactive Inc. over a $100 million...

Putting A Cap On Participating Preferred Stock

Participating preferred stock – which entitles the investor to a preferential payment upon liquidation, as well as a share...

Crypto Firm Escapes Fine After Self-Reporting Unregistered ICO

The Securities and Exchange Company has settled charges a Washington D.C.-based crypto startup’s Initial Coin Offering was an unregistered...

FTC Announces Revised HSR Notification Thresholds For 2019

The Federal Trade Commission recently announced annual changes to the reporting thresholds for the Hart Scott Rodino Antitrust Improvements...

Delaware Supreme Court Upholds Dismissal Of Trade Secrets Case Against PE Fund

The Delaware Supreme Court has upheld a lower court’s decision to dismiss smart home company Alarm.com’s trade secrets case...