While some enforcement areas have taken a pause this year, False Claims Act enforcement—especially around customs duties—is moving and likely to get busier.
Just last week the U.S. Department of Justice filed a complaint…
more
/ Administrative Law, International Law & Trade, Taxation
Business development companies (“BDCs”) were created by Congress in 1980 to serve as closed-end, venture capital funds for retail investors by financing small to mid-sized U.S. private companies. Since about 2004, BDC formations…
more
/ Business Organizations, Finance & Banking, Securities Law
On April 17, 2025, the U.S. Trade Representative (the “USTR”) released a revised proposal implementing service fees on Chinese vessel operators and owners, as well as operators of Chinese-built vessels, following a set of public…
more
/ International Law & Trade, Maritime Law, Transportation
On April 3, 2025, the U.S. Securities and Exchange Commission (“SEC”) issued a notice of proposed exemptive relief to FS Credit Opportunities Corp. and its affiliates (Applicants), introducing more flexible co-investment…
more
/ Administrative Law, Finance & Banking, Securities Law
Who may be interested: Registered Investment Companies; Registered Investment Advisers; Compliance Officers -
Quick Take: The SEC announced a two-year extension to the effective and compliance dates for rule amendments…
more
/ Administrative Law, Finance & Banking, Securities Law
Who may be interested: Registered Investment Companies; Registered Investment Advisers; Boards of Directors; Portfolio Managers.
Quick Take: The staff of the SEC’s Division of Investment Management (Staff) published its…
more
/ Business Organizations, Finance & Banking, Securities Law
On April 7, 2024, the United States District Court for the District of Connecticut approved the Securities and Exchange Commission’s request to dismiss its action against a hedge fund manager for the manager’s alleged failure to…
more
/ Administrative Law, Bankruptcy, Securities Law
The Symposium will cover topics including:
- What are the tax and accounting structuring, compliance and enforcement considerations when tokenizing assets?
- Onboarding private fund processes on-chain, where are we today…
more
/ Finance & Banking, Securities Law, Taxation
On March 12, 2025, staff of the Office of Small Business Policy of the Division of Corporation Finance (the “SEC Staff”) of the Securities and Exchange Commission (the “SEC”) issued interpretive guidance in the form of a…
more
/ Administrative Law, Finance & Banking, Labor & Employment Law, Securities Law
Publishers Clearing House files for bankruptcy | Law360 -
Publishers Clearing House filed for Chapter 11 bankruptcy and plans to reorganize its capital structure and improve its long-term growth trajectory…
more
/ Bankruptcy, Business Organizations, Toxic Torts
Who may be interested: Insurance Companies -
Quick Take: In an Industry Letter, the SEC’s Division of Investment Management stated that insurance companies may file financial statements prepared in accordance with statutory…
more
/ Insurance, Securities Law
On March 3, 2025, the Securities and Exchange Commission (the “SEC”) expanded the accommodations for the confidential submission and review of registration statements under the Securities Act of 1933 (the “Securities Act”) or…
more
/ Administrative Law, Mergers & Acquisitions, Securities Law
n light of the significant recent volatility in the financial markets, set forth below are suggested steps that investment managers should consider taking:
Trading Agreements: Take inventory of all trading agreements…
more
/ Commercial Law & Contracts, Finance & Banking, Securities Law
Connecticut declines to restrain departed founder from using client list -
A Connecticut federal judge in TJT Capital Group, LLC v. Timothy McFadden denied an investment adviser’s motion for a temporary restraining order that…
more
/ Administrative Law, Business Organizations, Civil Rights, Commercial Law & Contracts, Labor & Employment Law
23andMe files for bankruptcy, Anne Wojcicki steps down as CEO | CNBC -
Genetic testing company 23andMe filed for Chapter 11 bankruptcy protection in Missouri federal court. Anne Wojcicki, co-founder and CEO, has resigned…
more
/ Agriculture, Bankruptcy, Privacy
