What is China’s Game Plan for International Business Relations?
As lawyers, we spend a lot of time fielding good, bad, weird, interesting, deep, superficial, and all types of other questions from people. We’re generally expected to be oracle-level wizards, a lot like people are treating AI now. In this series, we’ll share some of these
Rethinking Private Benefits of Control
The term “private benefits of control” refers to the privileges and advantages that accrue to controlling shareholders at the exclusion of minority shareholders. These benefits can take a variety of forms, ranging from cash extractions to more intangible manifestations, such as nepotism and decision-making that prioritizes the controller’s prestige over the profitability of the firm.
Love is Blind UK and why DIY China Law is SO Dangerous
No More DIY Law, Please
Have you ever made a major business or life decision based on advice from a friend, a blog, or a DIY guide, only to find out later that it was flawed?
Last week provided me with three compelling examples of why lawyers are indispensable in making any legal decisions. In this
Unlocking Trapped Wealth in Your Closely Held Business Through Exit Planning
- The vast majority of the personal wealth of most business owners is the value of their business.
- Getting access to that trapped wealth in the owner’s business is a principal goal of a successful access plan.
- Business owners without an exit plan may never realize the potential value of their business.
Their closely held business
Will Large Language Models Propel Financial Statement Analysis Into a New Era?
Since the introduction of ChatGPT, large language models (LLMs) have completed a variety of tasks with impressive results, from summarizing complex documents to conducting sentiment analysis to extracting relevant information. But are LLMs up to even greater challenges like, say, making informed financial decisions?
In a new paper, we explore whether LLMs can handle financial
New Survey Reveals Strong Shareholder Support for Companies to Follow a Code of Conduct for Political Spending
How do shareholders want companies to manage political spending? This is a critical question for senior management and boards as the 2024 elections enter the final stage and the 2025 proxy season opens. It’s particularly important and timely as companies face pressure on at least two fronts:
- how to evaluate requests for last minute support
IRS Extends Filing Deadlines for Taxpayers in Louisiana due to Hurricane Francine
On September 13, 2024, the Internal Revenue Service (IRS) announced that taxpayers in Louisiana will have until February 3, 2025 to file various federal individual and business tax returns and make certain payments due to Hurricane Francine. The extension applies to any individual, business, or tax-exempt organization that has a valid extension to file their
SEC Charges Former Financial Consultant for Providing Father and Friends Inside Information Regarding Firm’s Client
The Securities and Exchange Commission today charged Federico Nannini, his father, and two of his friends for insider trading in advance of the pending acquisition of Infrastructure and Energy Alternatives, Inc. (IEA) by MasTec Inc., a client of the…
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SEC Charges Zymergen Inc. With Misleading IPO Investors About Company’s Market Potential and Sales Prospects
The Securities and Exchange Commission today announced settled charges against Zymergen Inc., an Emeryville, California-based biotechnology company, for misleading IPO investors about its overall market potential, revenue prospects, and customer pipeline…
Have a securities law question? Call New York Securities Lawyers at 212-509-6544.
China’s Implementation of Patent Term Adjustment
On August 6, 2024, the China National Intellectual Property Administration (CNIPA) announced the fee standards for patent term adjustment (PTA) requests. Before this announcement, all submitted requests for PTA were pending review. Since August 27, 2024, CNIPA has published five batches of decisions, granting PTA to 690 invention patents, marking the official implementation of PTA