Imagine as a supplier of medical oxygen cylinders and tanks in your region, you enter into an arrangement with HHS or DHS to provide oxygen to nearby hospital facilities dealing with surges in the COVID-19 pandemic. However, due to the
Corporate & Commercial
First OFAC Sanctions Against a Cryptocurrency Exchange: Could the Designation of SUEX Signal an Enforcement Trend to Combat Cybercrime?
Yesterday, the Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions on SUEX OTC, S.R.O, a cryptocurrency exchange, for its role in laundering money to ransomware attackers. According to OFAC, SUEX facilitated criminal transactions involving at least eight ransomware…
SPAC Sues PIPE Investors For Failing To Fund
As reported here in Law360 [$$], Sustainable Opportunities Acquisition Corp. — a SPAC planning to mine the seafloor for metals to be used in electric vehicle batteries — has sued two potential investors for failing to fulfill their purported obligation…
Wisconsin Court of Appeals Rejects Attempted Underinsured Motorist Double Dip
At the close of summer, the Wisconsin Court of Appeals rejected an insurance company’s attempt to “double dip” and reduce its underinsured motorist (“UIM”) coverage responsibility to an insured based on a liability payment made to another insured.[1]
The case…
Upcoming Meeting of SEC’s Small Business Capital Formation Advisory Committee on Changing Dynamics Pre-IPO and Going Public
The Securities and Exchange Commission recently announced the agenda for the upcoming meeting on September 27, 2021, of the SEC’s Small Business Capital Formation Advisory Committee. The Committee will meet virtually, and the meeting will be a webcast on the…
Does Full Disclosure Require Self Accusation?
In this post, Professor Stephen Bainbridge takes the Securities and Exchange Commission to task for investigating Activision’s employment practices:
To be sure, the SEC (and plaintiff securities lawyers) have sometimes tried to use disclosure claims to regulate substantive behavior. …
China Trademarks: More Useful and More Necessary Than Ever
There is little to cheer about China at the moment, but one area where things are generally improving is IP protection, especially when it comes to trademarks.
My first experience working on China IP matters was as a political-economic officer…
The Real Effects of Conflict Minerals Disclosures
Pursuant to the Dodd-Frank Act, the Securities and Exchange Commission (SEC) adopted the conflict minerals disclosure (CMD) rule, which requires issuers to perform due diligence on “conflict minerals” – natural resources known to fuel conflicts in underdeveloped nations – that…
Paul Weiss Discusses FTC Withdrawal of Vertical Merger Guidelines
At its public meeting on September 15, the Federal Trade Commission (FTC) rescinded its Vertical Merger Guidelines. These guidelines were issued jointly by the Department of Justice (DOJ) and FTC in June 2020, and served to “outline the principal…
COVID19 Impact On Corporate Laws
COVID19 Impact On Corporate Related Laws
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