Aug 25, 2023 Will the Excise Tax on Stock Buybacks Make Delaware SPACs an Endangered Species? By Giovanni Caruso Historically, most SPACs were domiciled in Delaware. Since the IRS adopted its new 1% excise tax on stock buybacks (which became...
Aug 18, 2023 Does Failure of Intel Transaction Hint as to China's Position on Cross Border Transactions? By Giovanni Caruso On August 16, 2023, China's anti-trust regulator effectively vetoed a transaction between Intel and Tower Semi-conductor by not approving...
Aug 15, 2023 Nasdaq Publishes FAQ on IPO Liquidity Requirements By Giovanni Caruso For the last couple of years, Nasdaq has been requesting that companies engaging in smaller IPOs provide detailed information about the...
Aug 11, 2023 Will Executive Order Lead to a Response from the CSRC? By Giovanni Caruso On August 9, 2023, President Biden issued an executive order prohibiting Americans from investing in some Chinese industries beginning...
Aug 09, 2023 Cybercriminals Now Touting Criminal Artificial Intelligence By Christopher Ott Mere months after OpenAI’s ChatGPT chatbot burst into the international consciousness, cybercriminals claim to have their own version of...
Aug 07, 2023 International Climate Reporting Standards are Coming By Giovanni Caruso The International Organization of Securities Commissions (Iosco), of which the SEC is a member, endorsed the climate related reporting...
Aug 04, 2023 Everything You Wanted to Know (But Were Afraid to Ask) About the New Endorsement Guides—A Loeb Webinar By Libby O'Neill Come join us for a webinar, where the Loeb & Loeb team will explore the Federal Trade Commission’s (FTC's) new Endorsement Guides (and...
Aug 04, 2023 A Reminder of How Significant Penalties Under the Foreign Corrupt Practices Act Can Be By Giovanni Caruso The Foreign Corrupt Practices Act (FCPA) prohibits the bribing of foreign officials by public companies. The FCPA applies to conduct...
Aug 03, 2023 As the Crypto-World Turns: New, Contrary Authority in the Crypto-Currency as Securities Fight By Christopher Ott After a recent ruling from a federal judge in the XRP/Ripple case, many thought that some clarity had been reached in the...
Aug 03, 2023 Are SPAC Extension Terms Improving? By Giovanni Caruso For the last few months, it seems that every day we are seeing additional SPACs seeking to extend their time to complete a business...
Aug 01, 2023 "Black Diamond" Case Shows Continued Crypto Regulatory Push Despite Recent Rulings By Christopher Ott Despite a recent setback in the Ripple/XRP decision, the Securities and Exchange Commission (SEC) has not slowed its efforts to regulate...
Aug 01, 2023 Firing on All Cylinders: the CPPA Turns its Attention to the Privacy Practices of Connected Vehicles By Jessica Lee On Monday, the California Privacy Protection Agency announced that its next wave of enforcement would focus on the privacy practices of...