Legal News

Il Ministero dell’Economia e delle Finanze, Dipartimento del Tesoro (“MEF”) ha da qualche giorno avviato una consultazione pubblica sulla proposta di revisione dell’art. 14 del Decreto 5 marzo 2015, n. 30, Regolamento attuativo dell’art. 39 del...By: Orrick, Herrington & Sutcliffe LLP

Executive Summary. On May 21, 2020, the Securities and Exchange Commission (SEC) adopted amendments to the current rules that require public companies to disclose financial information on significant acquisitions and divestitures of businesses. The...By: Orrick, Herrington & Sutcliffe LLP

On May 20, 2020, the U.S. Senate passed S.945, the Holding Foreign Companies Accountable Act (“Bill”), which requires certain public companies to disclose whether they are owned or controlled by a foreign government, including the People’s Republic...By: Orrick, Herrington & Sutcliffe LLP

Downturns can be challenging for any company, but the current COVID-19 pandemic shows once more (as the financial crisis did in 2008 and 2009) that the effects of such a crisis on start-ups can be particularly severe. Collapsing investments and loss...By: Orrick, Herrington & Sutcliffe LLP

#TeamOrrick thanks the nearly 200 people who attended our webinar on Wednesday morning on the #FutureFund convertible loan notes. We tried to answer all of your questions, but they kept on coming, so here is the promised FAQ based upon the most...By: Orrick, Herrington & Sutcliffe LLP

Introduction - The boom of Chinese Investments in Europe and specifically in Germany has experienced a serious cool-down. In 2019, Chinese Direct Investments in Europe have, in terms of deal value, dropped by ca. 40% to USD 13 billion....By: Orrick, Herrington & Sutcliffe LLP

During economic downturns, private technology companies often seek emergency funding from existing VC and growth equity investors. These financings, sometimes called “inside rounds,” create conflicts of interest for boards because certain directors...By: Orrick, Herrington & Sutcliffe LLP

After years of sky-high valuations, private equity funds and strategics will have ample opportunity to buy technology companies at a discount in the wake of the COVID-19 crisis. This article highlights the unique opportunities and risks associated...By: Orrick, Herrington & Sutcliffe LLP

The COVID-19 pandemic is testing the oversight and management skills of directors and officers (“D&Os”) of all businesses, especially lean private companies....By: Orrick, Herrington & Sutcliffe LLP

Please see Chart below for more information....By: Orrick, Herrington & Sutcliffe LLP