Financial sponsors will need to consider whether the relationship between an in-scope management company and its underlying portfolio companies qualifies as a parent/subsidiary relationship according to CS3D’s definition of “subsidiary,” as such a company may need to apply their mandatory due dilige...
In our own analysis, we have seen China’s equity market beginning to behave differently from the rest of the EM world based on correlations and common drivers of performance — which we consider to be significant and growing evidence they are not the “same thing”. Since 2020, EM ex-...
even if only temporarily, the CCPA grants rights only to individuals who are residents of California under a definition used for income tax purposes. The CCPA does not apply to those temporarily in the state, but it would apply to a California resident who...
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Courts apply the fair use doctrine in a holistic manner, and on a case-by-case basis. Although fair use is yet to be applied to generative AI, it has been considered in several other contexts involving emerging digital technologies, including Google’s digital copying of physical books — ...
The district court adopted Pharmatrak's argument that the only relevant inquiry is whether the pharmaceutical companies consented to use Pharmatrak's NETcompare service, regardless of how the service eventually operated. In doing so, the district court did not apply this circuit's general standards...
As noted in yesterday’s thecorporatecounsel.net blog, the SEC has issued an Order instituting proceedings under Section 19(b)(2)(B) of the Exchange Act to determine whether to disapprove a proposal to amend Sections 312.03(b) and 312.04 (shareholder approval) of the NYSE Listed Company ...
Sometimes I act and write about such studies; sometimes I do not. Sometimes I roll my eyes at the study and think it’s not worth bothering with, only to see how widely it is being disseminated to spread fear, uncertainty, and doubt about vaccines, cancer treatment, conventi...