As news rolled in about the recent failure of Silicon Valley Bank and the government takeover of Signature Bank, many people were understandably nervous. One of my overseas clients texted me that he had money on deposit at one of those banks and worried that it was gone forever. As the government and banking industry […]
On January 25, 2023, by a unanimous vote, the SEC issued a proposed rule to implement Section 27B of the Securities Act of 1933, to reduce conflicts of interest in certain securitization transactions… On January 25, 2023, by a unanimous vote, the Securities and Exchange Commission’s (SEC) issued a proposed rule to implement Section 27B […]
The Modernization of Cosmetics Regulation Act of 2022 (MOCRA) overhauls the U.S. Food and Drug Administration’s (FDA) regulatory framework for cosmetics and expands its oversight over the industry… The Modernization of Cosmetics Regulation Act of 2022 (MOCRA) overhauls the U.S. Food and Drug Administration’s (FDA) regulatory framework for cosmetics and expands its oversight over the industry. The […]
The recent economic downturn is forcing smaller emerging companies in need of capital to make some difficult decisions. For companies having trouble finding new backers or convincing existing investors to inject additional capital, down-round financings can be the best available strategic solution. However, given the myriad of legal issues that can arise, management must take […]
