When it comes to mergers and acquisitions (M&A), the numbers on a balance sheet only tell part of the story. While financial modeling and due diligence are important, one of the biggest and often overlooked risks in any transaction comes from the people behind the business. The success or failure of an acquisition often depends...
Corporate & Securities
SEC Approves Texas Stock Exchange: A New Era for U.S. Public Markets As of September 30, 2025, after more than 50 years in the making, the Texas Stock Exchange (TXSE) officially became registered as a national securities exchange. Impressively, the TXSE is the first fully integrated exchange to receive approval from the SEC in decades....
Recently, the United States has taken significant steps toward becoming a global leader in digital assets through two landmark legislative initiatives aimed at establishing a comprehensive regulatory framework for digital assets. The first is known as the Digital Asset Market Clarity Act (the “CLARITY Act”) which was introduced by the House of Representatives with an...
When it comes to mergers and acquisitions (M&A), the excitement of signing a purchase agreement can sometimes overshadow the critical details buried in the exhibits. One of the most important, but often overlooked, parts of these agreements is the disclosure schedule. Disclosure schedules play a central role in protecting both buyers and sellers during a...
Raising capital is an exciting milestone for any business, but it also comes with strict compliance requirements. Under Regulation D of the Securities Act, issuers must follow specific federal and state filing procedures to keep their offering legal and compliant. Missing these deadlines or requirements can lead to penalties or even loss of your exemption....
In today’s innovation-driven economy, intellectual property (IP) is often one of a company’s most valuable assets. Whether it’s software code, creative content, or inventions, these creations form the core of many businesses’ competitive advantage. But here’s the legal pitfall many founders and business owners miss: just because your company paid for something to be created...
Under the new administration with Chair Paul Atkins, investment adviser fees and undisclosed conflicts of interest are proving to be an area of priority. On June 2, 2025, the U.S. Securities and Exchange Commission (“SEC”) charged New Line Capital LLC (“New Line”), and its managing member, David A. Nagler (“Nagler”), for breaching its fiduciary duties...
President Trump’s Truth Social recently made headlines with the announcement of a new bitcoin-based ETF that will potentially trade on the NYSE Arca. The recent S-1 filing does more than push crypto-based funds into the spotlight; it highlights some key legal and operational challenges that even private fund managers investing in crypto projects should consider....