On February 10, 2023, the staff (Staff) of the U.S. Securities and Exchange Commission (SEC) issued Compliance and Disclosure Interpretations (C&DIs) relating to the SEC’s new rules on the correlation between executive pay and company performance (pay-versus-performance). As discussed in our previous client alert, the SEC approved final rules on pay-versus-performance disclosure in August 2022.…
On December 2, 2017, the U.S. Senate passed its version of the Tax Cuts and Jobs Act (the "Senate Bill"). The passage of the Senate Bill follows approval by the Senate Finance Committee on November 16, 2017, of a version of the Tax Cuts and Jobs Act (the "Senate Finance Bill"). The key compensation and benefits provisions in the Senate Bill are similar to the Senate Finance Bill and the version of…
As the U.S. exit landscape continues to evolve, alternative approaches—such as SPACs—are making U.S. IPOs accessible to a wider array of European companies. SPAC business combinations have recently offered private companies a potentially efficient way to raise funding at attractive valuations. However, while initially appealing, related factors such as outcome, opportunity, and underlying risks…
Wilson Sonsini joins Jason Calacanis from LAUNCH for a four-episode legal mini-series on This Week in Startups. The first episode covers avoiding co-founder legal disputes and choosing between a C corporation and an LLC.
