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Latham & Watkins partner Martin Saywell explains the M&A term PIPE, an acronym for “private investment in public equity.” For additional definitions of the legal and business terms often encountered in the structuring, negotiation and execution of...

Addressing the issue of whether claims directed to real estate appraisal techniques were patent-eligible, the Patent Trial and Appeal Board (Board), in a Covered Business Method (CBM) post-grant review, determined the claims in issue were...

In This Issue: Court of Appeals Reverses Gaied “Permanent Place of Abode” Decision; ALJ Holds That Certain Data Processing Services Furnished to Broker-Dealers Are Not the Licensing of Software; Trial Court Allows Constitutional Challenge to...

In February 2014, the Securities and Exchange Commission’s Division of Investment Management released a Guidance Update to clarify when a mutual fund using a “multi-manager structure” must obtain shareholder approval for primary and subadvisory...

Last month, the 9th U.S. Circuit Court of Appeals declined to re-hear en banc a decision handed down last October by a three-judge panel, thereby leaving in place a decision that could be a major hurdle for plaintiffs in future environmental lawsuits...

Following up on our earlier coverage, last week the New York City Council passed the very first bill it introduced during the de Blasio administration (Int. 0001-2014), a law amending the Earned Sick Time Act that it passed (and already amended) just...

In two recent complaints filed in the Northern District of Georgia, Cajun Global LLC d/b/a Church’s Chicken and Cajun Funding LLC or Cajun Funding Corp. (“Church’s Chicken”) allege that two franchisees have been validly terminated but have failed to...

Apparently phone carriers lost $ 33 bn due to instant messaging apps and after Facebook’s acquisition of WhatsApp, telecom companies are calling for stringent regulations on instant messaging apps, but how are they currently regulated?...

Most private equity funds that are subject to the U.S. securities laws rely on Rule 506(b) of Regulation D, a safe harbor under Section 4(a)(2) of the Securities Act of 1933 (Securities Act), in forming funds and soliciting investors. In particular,...

I’ve never been much of a Shakespeare fan. I only moderately tolerated even the MTV-inspired Romeo + Juliet set in fair Verona Beach with rapiers metaphorically replaced with guns manufactured by Dagger and Sword. But you’ve gotta give...

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