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Mayer Brown
A comfort letter is a letter delivered by an issuer's independent accountants to the underwriters or initial purchasers in connection with an offering that provides certain assurances...
Forbes reported today that "every" U.S. crypto exchange is being investigated by the SEC. Forbes cited to an unnamed staffer for Senator Cynthia Lumis (R-Wy) as the source of the information.
Kelley Drye & Warren LLP
Under the Infrastructure Investment and Jobs Act (Section 60104(c)), by the middle of August 2022 (270 days after the November 15th date of enactment), the FCC is required to issue...
Kelley Drye & Warren LLP
Borrowers are frequently offered a number of different payment options for submitting payments, including ACH, mailed paper check, or in-person payments.
Arnold & Porter
Last week, the California Secretary of State appealed a decision by the Los Angeles County Superior Court striking down the second of California's two board diversity laws...
Falcon Rappaport & Berkman
Following conflicting guidance by the Office of Cannabis Management (OCM), it appears that CAURD licensees may be required to accept a dispensary location identified by the ...
Mayer Brown
In this brief Practical Guidance video, Mayer Brown partner, Brian Hirshberg, offers practice pointers for drafting and negotiating an underwriting agreement.
Sheppard Mullin Richter & Hampton
Recently, the United States Court of Appeals for the 4th Circuit held that a mortgage servicer's failure to provide a required disclosure informing borrowers of their three-day right to rescind...
Sheppard Mullin Richter & Hampton
On July 27, the CFPB and DOJ proposed a settlement with a nonbank mortgage lender for its discriminatory "redlining" lending practices against minority families living in the greater Philadelphia area.
Harris Beach
On July 22, 2022, U.S. Citizenship and Immigration Services updated its Policy Manual to provide further guidance on evidence that can be used to support a petition...
McGlinchey Stafford
State rep. Jerome "Zee" Zeringue, R-Houma, views the recent updates to Louisiana's offshore wind energy legislation as an important step in securing new investments...
Multiple hacks were reported in the crypto market this week. According to reports, more than 8,000 Solana Network wallets have been hacked, with approximately $8 million in...
According to reports, on Monday, cryptocurrency valued at nearly $200 million was drained from Nomad Bridge, a major cross-chain token bridge.
Early this week, the Securities and Exchange Commission (SEC) announced that it charged 11 individuals for their roles in creating and promoting Forsage, ..
This week, the U.S. central bank and the federal agency that insures U.S. depository institutions issued a series of notices addressing the applicability of federal deposit insurance to the cryptocurrency industry.
A U.S. luxury jeweler has reportedly partnered with the popular NFT (non-fungible tokens) collection CryptoPunk to transform the digital collectibles into wearable works of art.
Winston & Strawn LLP
On June 6, 2022, the U.S. Small Business Administration (the "SBA") issued a final rule increasing from 12 months to 24 months the calculation period for determining...
Mayer Brown
Didi Chuxing (Didi) was fined RMB 8.026 billion (approx. USD 1.2 billion) on 21 July 2022, more than a year after the Cyberspace Administration of China (CAC) first initiated a cybersecurity review on the ride-hailing giant.
Finnegan, Henderson, Farabow, Garrett & Dunner, LLP
An exclusive license between the parties specified that the defendant would compensate the plaintiffs through distributions of its cryptocurrency, in lieu of traditional currency.
Finnegan, Henderson, Farabow, Garrett & Dunner, LLP
A non-disclosure agreement in a financing transaction did not create a conflict of interest stemming from a fiduciary relationship or obligation for a law firm with respect to a party...
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