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 Blog

Option Holders Cannot be Burdened With Escrow in Merger Transaction

M&A

M&A In Fox v. CDX Holdings, Inc., the Delaware Court of Chancery held that option holders could not be burdened by an escrow imposed on equity holders in a merger transaction when the terms of the option plan did not permit the escrow to be imposed. The option conversion provision of the merger agreement purported to […] Read more →

by   |   July 28, 2015

bank pic

Bank Has Standing to Challenge Constitutionality of CFPB

Banking, Litigation In State National Bank of Big Spring v. Lew,  the United States Court of Appeals for the District of Columbia Circuit ruled that the plaintiff had standing to challenge the... Read more →

by   |   July 24, 2015

M&A

Court Permits Settlement of Appraisal Demands on Terms Not Available to All Dissenters

Litigation, M&A Tiny deals can bring large complications.  Mannix v. PlasmaNet, Inc. involved appraisal rights in a merger where the merger consideration, after adjustments, amounted to... Read more →

by   |   July 21, 2015

Federal Reserve Logo

Fed Approves Rule Requiring Largest Banks To Further Strengthen Capital

Banking The Federal Reserve Board approved a final rule requiring the largest, most systemically important U.S. bank holding companies to further strengthen their capital positions. Under... Read more →

by   |   July 21, 2015

Question mark

Agencies Provide Guidance On Seeding Period for Volcker Rule

Banking The staffs of the agencies responsible for administering the Volcker Rule have again updated the Volcker Rule FAQs.  A new FAQ notes that the rule implementing the Volcker Rule... Read more →

by   |   July 19, 2015

Scale and Gavel

Briefing on Regulation A+ Challenge to Extend Though November

Litigation, Public Companies and Securities The United States Court of Appeals for the District of Columbia has entered a briefing schedule in Montana’s and Massachusetts’ challenge to Regulation A+.  The states’... Read more →

by   |   July 18, 2015

whistleblower

One Tardy Whistleblower Wins SEC Award, One Loses

Public Companies and Securities The SEC announced a whistleblower award of more than $3 million to a company insider whose information helped the SEC crack a complex fraud.  The multi-million dollar payout is... Read more →

by   |   July 17, 2015

SEC logo

SEC Grants Relief From Risk Retention In Refinancing Transaction

Investment Advisers The SEC granted Crescent Capital Group LP no-action relief if it does  not retain an eligible risk retention interest under Section 15G of the Securities and Exchange Act of 1934... Read more →

by   |   July 17, 2015

enforcement

SEC Cannot Use Dodd-Frank Bans Retroactively

Litigation Section 925(a) of the Dodd-Frank Act expanded a remedy for certain violations of securities laws form barring association with broker-dealers to a bar that includes municipal... Read more →

by   |   July 15, 2015