Delaware Permits LLCs to Divide into Separate LLCs

By Arvid von Taube on October 1, 2018

A new section of the Delaware Limited Liability Company Act provides a new mechanism to divide an existing LLC into multiple, new LLCs and to allocate assets and liabilities among the resulting entities.

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California Enacts Innovative Consumer Privacy Law

By Arvid von Taube on August 22, 2018

Fresh off the heels of the European Union's sweeping new privacy regulations, the State of California recently passed a first-in-the-nation privacy law that is sure to have implications for many businesses outside of California.

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Employment Law Alert: New Massachusetts Non-Competition Law Effective October 1, 2018

By J. Allen Holland on August 13, 2018

Governor Baker recently signed legislation limiting the enforcement of non-competition agreements against employees and independent contractors who reside in Massachusetts. Though Massachusetts courts have long imposed reasonableness limitations on non-competition agreements, this new legislation is the result of years of debate and numerous proposals.

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SEC's Office of Compliance Inspections and Examinations Announces Common Best Execution Issues

By Thomas H. Bilodeau, III, Scott A. Stokes and David Glod on July 19, 2018

The SEC Office of Compliance Inspections and Examinations recently issued a risk alert with respect to information concerning the most common deficiencies that the staff has cited in recent examinations of advisers' compliance with their best execution obligations under the Investment Advisers Act of 1940. The blog provides a summary of the most commonly cited issues in the OCIE report.

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Why you should care about complying with the GDPR even if you don't have customers in the European Union

By Arvid von Taube on June 27, 2018

Even if you don't have many customers or website visitors from the European Union, new General Data Protection Regulation could still impact you.

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