USA
- May 16 2022
50/50 ownership and control of a portfolio company is almost always fraught with peril. This is particularly true in the corporate context when there…
USA
- May 4 2022
On April 26, 2022, the SEC’s Division of Examinations (EXAMS) issued a risk alert highlighting notable deficiencies observed by the EXAMS staff…
USA
- April 4 2022
On March 30, 2022, the SEC’s Division of Examinations (Division or EXAMS) issued its examination priorities for 2022. The Division highlighted the…
USA
- March 30 2022
The weapon of choice for the nineteenth-century mugger was a sock filled with sand. Easy to make, easy to conceal, easy to discard without a trace and…
USA
- March 15 2022
Preliminary agreements come in two types: (a) a preliminary agreement that contains all the “material terms” of a deal, but nevertheless contemplates…
USA
- February 16 2022
Fresh on the heels of a recent proposal regarding amendments to Form PF and published observations from examinations of private fund advisers,…
European Union, United Kingdom, USA
- February 10 2022
Over the course of the last year, there have been a number of regulatory developments affecting private funds and their investment advisers that…
USA
- February 4 2022
Last week, Delaware amended its General Corporation Law (DGCL) to allow Delaware corporations the ability to utilize captive insurance in lieu of…
USA
- January 28 2022
On January 26, 2022, the SEC proposed significant amendments to Form PF, the confidential form completed by private fund advisers for use by the…
USA
- January 24 2022
If you breach a contract by failing to timely pay your counterparty a sum due following your counterparty’s performance of its obligations, what…