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California Supreme Court Deals A Blow To Gig Economy With Worker Classification Ruling

The California Supreme Court has issued a groundbreaking ruling that will make it harder for companies to classify workers...

May 16 · 1 min read >

Chancery Court Says Bylaws, Stockholder Agreement Make Ineffective Bid To Oust TradingScreen CEO

The Delaware Chancery Court has held a stockholder consent that purported to remove the CEO of TradingScreen Inc. was...

May 14 · 1 min read >

Director Compensation Pursuant to Discretionary Equity Plans are Reviewed Using the Entire Fairness Standard

The Delaware Supreme Court recently overturned a lower court’s decision to dismiss a stockholder derivative suit against the directors...

Chancery Court Provides Guidance On ‘Void’ vs. ‘Voidable’ Stock Issuances

The Delaware Court of Chancery in a recent decision held that stock Roma Restaurant Holdings Inc. issued in 2016...

May 8 · 2 min read >

SEC Chair Gives Example of Token That Isn’t a Security

The Securities and Exchange Commission has been ratcheting up the regulatory pressure on initial coin offerings; earlier this year,...

Are ICO Tokens Securities? Federal Court Poised To Answer For First Time

A New York man charged by the U.S. government with securities fraud in connection with two Initial Coin Offerings...

SEC Says Many Online Trading Platforms For Cryptocurrencies Should Be Registered

Last week, the Securities and Exchange Commission said that many online trading platforms for digital assets, including coins and...

What Are Conversions Right And Voting Rights?

Conversion Rights Preferred stock in venture financings is almost always convertible into common stock. Conversion is generally available at...

Mar 11 · 40 sec read >

SEC Charges Defunct Bitcoin Trading Platform With Operating Unregistered Securities Exchange

The Securities and Exchange Commission has charged a defunct Bitcoin-denominated platform and its founder with operating an unregistered securities...

Delaware Supreme Court Ruling In Dell Appraisal Case Emphasizes Importance Of Deal Price

The Delaware Supreme Court recently issued a much-anticipated appraisal ruling and reversed a lower court’s decision that found a...