X
18May

Financing a Distressed Private Company – De-Risking Inside Rounds

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
Source Url: https://www.jdsupra.com/legalnews/financing-a-distressed-private-company-69207/

Related

SPACs & Entire Fairness: What Standard Of Review Applies To The de-SPACing Transaction

While litigation against special purpose acquisition companies (“SPACs”) has been historically rar...

Read More >

Franchisor 101: Open Season for Poaching in Washington

Washington State’s Attorney General settled a case against sandwich franchisor, Jersey Mike’s, ove...

Read More >

New York Legislature Passes Bill Allowing Liens On Employers For Alleged Wage Claims

A bill aimed at increasing protections for employer “wage theft” by allowing an employer’s curren...

Read More >

Financial Daily Dose 9.25.2019 | Top Story: WeWork Ousts Co-Founder CEO in Bid to Save IPO

Well, that was remarkably quick. Just days after WeWork’s board announced that it was considering r...

Read More >

U.S. Labor Department Issues Two New Opinion Letters on Overtime Questions

The U.S. Department of Labor’s Wage and Hour Division continues to periodically respond to employer...

Read More >