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A little consideration can go a long way: Vermont changes its law on skill contests

Edwards Wildman Palmer LLP
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USA
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May 17 2013

"Contest" or "Skill Contest" refers to a promotion where skill or the ability to perform a required task determines the winner. A contest is not an

SBIC annual recertification of Institutional Investor status

Edwards Wildman Palmer LLP
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USA
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May 9 2013

On May 8, 2013, the U.S. Small Business Administration ("SBA") issued Memorandum 2013-1 regarding annual recertification of the Institutional

Massachusetts Supreme Judicial Court expands consumer zip code privacy protection in Tyler v. Michaels Stores

Edwards Wildman Palmer LLP
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USA
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March 12 2013

In a closely watched case with a somewhat unexpected result, the highest Massachusetts court decided in Tyler v. Michaels Stores that zip codes are

The SBA issues new instructions for SBICs drawing leverage

Edwards Wildman Palmer LLP
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USA
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March 8 2013

The U.S. Small Business Administration (the "SBA") recently issued new instructions governing the draw request (a "Draw Request") that small business

SBA issues SBIC TechNote 17 concerning the determination of common control of two or more SBICs

Edwards Wildman Palmer LLP
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USA
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February 20 2013

On February 12, 2013, the SBA issued SBIC TechNote 17, which provides guidance on the criteria the SBA will consider in determining whether two or

Reflections on the 2013 PLUS D&O Symposium day two

Edwards Wildman Palmer LLP
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USA
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February 19 2013

The second day of the 2013 PLUS D&O Symposium featured panel discussions on typical concerns of corporate directors, D&O exposures outside the United

Internal investigations

Edwards Wildman Palmer LLP
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USA
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January 10 2013

Boards of Directors and management at companies of all sizes face a common problem: they need to make decisions that are best for the company and in order

Shareholder derivative litigation: a primer for insurance coverage counsel

Edwards Wildman Palmer LLP
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USA
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December 20 2012

The recent spate of mergers, acquisitions, leveraged dividends and regulatory investigations has led to a much higher frequency of shareholder derivative

SBA notifies of changes in the SBIC leverage draw application schedule for the upcoming holiday season

Edwards Wildman Palmer LLP
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USA
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October 9 2012

On October 4, 2012, the U.S. Small Business Administration (“SBA”) issued a notice revising the semi-monthly leverage draw application schedule for Small Business Investment Companies (“SBICs”) during the upcoming holiday season as follows

New York adopts Delaware’s “Tooley Test” for distinguishing between derivative and direct actions

Edwards Wildman Palmer LLP
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USA
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August 13 2012

The New York Supreme Court, Appellate Division, First Department, issued a ruling this past week in which it adopted a “clear approach” for determining the difference between direct and derivative claims

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