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Delaware Court Of Chancery Rejects Forum-Selection Charter Provision For Federal Securities Law Claims

Shearman & Sterling

On December 19, 2018, Vice Chancellor J. The case involved three corporations that adopted federal forum-selection provisions for Securities Act claims in their respective certificates of incorporation prior to their initial public offerings. Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del. 2017-0931-JTL (Del.

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Delaware Court Of Chancery Rejects Forum-Selection Charter Provision For Federal Securities Law Claims

Shearman & Sterling

On December 19, 2018, Vice Chancellor J. The case involved three corporations that adopted federal forum-selection provisions for Securities Act claims in their respective certificates of incorporation prior to their initial public offerings. Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del. 2017-0931-JTL (Del.

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Delaware Supreme Court Affirms Dismissal Of Misappropriation Claims Against Private Equity Investor That Invested In A Competitor

Shearman & Sterling

360, 2018 (Del. After its subsequent initial public offering, plaintiff alleged that defendant misappropriated its confidential information by investing in a competitor and asserted claims for violation of the Delaware Uniform Trade Secrets Act ("DUTSA") and common law misappropriation. Alarm.com Holdings, Inc.

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Delaware Supreme Court Affirms Dismissal Of Misappropriation Claims Against Private Equity Investor That Invested In A Competitor

Shearman & Sterling

360, 2018 (Del. After its subsequent initial public offering, plaintiff alleged that defendant misappropriated its confidential information by investing in a competitor and asserted claims for violation of the Delaware Uniform Trade Secrets Act ("DUTSA") and common law misappropriation. Alarm.com Holdings, Inc.

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Joint trade associations highlight equity, fixed income and market data concerns ahead of upcoming Mifir review

The TRADE

With respect to equity markets, AFME, EFAMA and BVI highlight that EU companies are continuing to take their initial public offerings (IPOs) outside of the EU or move their listings elsewhere to seek better valuations – emphasising that EU equity markets cannot continue to lag behind their peers.

Trading 59
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What is the Accounting Equation? Explaining Assets = Liabilities + Equity

Peak Frameworks

In 2018, General Electric reported $309 billion in non-current assets. For instance, Facebook's initial public offering in 2012 raised $16 billion in contributed capital. Retained Earnings are the accumulated net income that a company has reinvested in its operations rather than distributed as dividends.

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Transfer Traps: Considerations for Dual-Class Companies Contemplating M&A Transactions

Cooley M&A

The rise of founder-led, venture capital-backed companies in recent years has coincided with a surge of companies implementing dual-class share structures in connection with their initial public offerings. 11, 101-147, available at [link]. [11]

M&A 59