Newsletters

12.20.17

Limitation on Deduction of Executive Compensation in Excess of $1M

The recently enacted Tax Cuts and Jobs Act substantially modifies the limitation on corporate deductibility of executive compensation under Section 162(m) of the Code.


11.16.17

SEC Provides Greater Deference to Public Company Boards

On Nov. 1, 2017, the Securities and Exchange Commission (SEC) issued Staff Legal Bulletin No. 14I(CF), which articulates important interpretive guidance relating to shareholder proposals submitted to public companies for inclusion in proxy statements.


10.07.17

SEC Gets Tough on ICOs, Files First Fraud Case

The Securities and Exchange Commission (the Commission) has put its digital money where its mouth is.


09.19.17

Proposed Legislation May Afford Broader Use of Regulation A

Earlier this month, the House of Representatives approved in a landslide vote the Improving Access to Capital Act (HR 2864), which would extend the use of Regulation A, an exemption from registration under the Securities Act, to public companies.


09.18.17

DOMINICAN REPUBLIC—Update: Conditions for CDEEE-Related PPAs for Renewables

In our August 1, 2017 Cross Border Transactions Newsletter we informed about the announcement made by the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE) regarding several new conditions included in the Power Purchase Agreements (PPAs) for wind and solar photovoltaic projects that ...


09.01.17

SEC Hyperlink Rules Are Live

Effective September 1, 2017, the Securities and Exchange Commission’s (SEC) recently adopted rules require most companies that file public reports to include active hyperlinks to each exhibit listed in the exhibit index, as well as exhibits incorporated by reference, included in registration ...


08.16.17

DOMINICAN REPUBLIC—Moratorium on Provisional Concessions for Certain Renewables

Despite the high interest in the country’s energy sector by local and international developers of renewable projects and the government’s commitments and ongoing efforts to diversify the country’s energy matrix, particularly by increasing the available capacity from renewable ...


08.01.17

DOMINICAN REPUBLIC—Potential New Conditions for CDEEE-Related PPAs for Renewables

Last May, the Corporación Dominicana de Empresas Eléctricas Estatales (CDEEE), the governmental entity required by law (Law No. 57-07 of Renewable Energy Incentives and Special Regimes and related Regulations) to enter into power purchase agreements (PPAs) with developers of renewable energy ...


10.31.16

SEC Eases Rules on Intrastate Crowdfunding

On October 26 the Securities and Exchange Commission (SEC) unanimously adopted new and amended rules aimed at making it easier for companies to raise money from investors through intrastate and small offerings.


08.31.16

Investors Beware: The Bar Is Being Raised on HSR Violations

Under the Hart-Scott-Rodino (HSR) Act, parties to transactions meeting certain size thresholds are required to notify the Antitrust Division of the U.S. Department of Justice and the Federal Trade Commission and to observe a waiting period before closing their transaction, unless an exemption ...