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 »

Dodd-Frank Private Equity

SEC Charges Platinum Equity for Misallocation of Broken Deal Expenses

M&A, Private Equity The SEC announced a settled action against Beverly Hills-based investment adviser, Platinum Equity Advisors, LLC, for charging three of its private equity fund clients with about $1.8 million more than it should have in broken deal expenses. According to the SEC’s order, from 2004 to 2015, the three private equity funds invested in 85 companies, […] Read more →

by   |   September 21, 2017

SEC logo

SEC Identifies Most Frequent Compliance Issues Associated with Advertising by Investment Advisers

Investment Advisers, Private Equity The SEC’s Office of Compliance Inspections and Examinations has provided a list of compliance issues relating to Rule 206(4)-1, which is referred to as the Advertising Rule,... Read more →

by   |   September 14, 2017

A Working Capital True Up is not an End Run on a Liability Bar

M&A, Private Equity In Chicago Bridge & Iron Co. N.V. v. Westinghouse Electric Co. LLC, the Delaware Supreme Court examined the interaction between a working capital true up and alleged breaches... Read more →

by   |   June 27, 2017

NJ Supreme Court Clarifies Standard for Member Expulsion under LLC Act

Private Equity, Uncategorized One of the features of the Revised Uniform Limited Liability Company Act (RULLCA) that has been adopted in Minnesota and many other states is that it allows for an LLC to expel a... Read more →

by   |   February 14, 2017