Stinson Leonard Street Dodd Frank

MAKING SENSE OF DODD-FRANK

The Dodd-Frank Act has broad and deep implications that will touch every corner of financial services and multiple other industries. This site, developed and maintained by attorneys at Stinson Leonard Street, is dedicated to making sense of this complex legislation and helping businesses understand how it will affect them specifically. Our Bloggers »

Defendants in Stock Purchase Indemnification Action Entitled to Advancement under Bylaws

M&A In Davis et al v. EMSI Holding Co., the Delaware Court of Chancery held that officers and directors of an acquired company were entitled to advancement under the acquired Company’s by-laws for expenses incurred in defending an indemnification claim under the related stock purchase agreement. As in many stock purchase agreements, the plaintiffs, as sellers, […] Read more →

by   |   May 5, 2017

Court Finds Fraud Carve Out Ambiguous in Stock Purchase Agreement

M&A In EMSI Acquisition, Inc., v. Contrarian Funds, LLC et al, the Delaware Court of Chancery examined a fraud carve out from an indemnification cap and an action for confirmation of... Read more →

by   |   May 4, 2017

CFTC Requests Public Input on Simplifying Rules

Derivatives The CFTC voted to seek public input on simplifying and modernizing the Commission’s rules. The action is part of an initiative which has been dubbed “Project KISS.”... Read more →

by   |   May 4, 2017

Understanding the New Lease Accounting Rules

Public Companies and Securities The new lease accounting rules (Accounting Standards Update N0. 2016-02; Topic 842) will require the recognition of lease assets and lease liabilities for those leases classified... Read more →

by   |   May 3, 2017