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Category: Legal

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Five Compliance Lessons From the NBA’s Penalty Against the Los Angeles Clippers

Basketball sitting on the floor of a court

Most corporate governance failures surface slowly and in pieces. A restatement here, a derivative suit there, an 8-K that raises more questions than it answers. However, every so often one arrives fully assembled, with a public findings rep...

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Data Centers Getting Easier to Finance, Harder to Build

red and blue pegs each sitting atop equal piles of coins

What the right hand giveth, the left hand taketh away. We think someone said that once. Regardless, data center operators might be feeling that sentiment right now, because they are getting contrasting signals about their businesses from tw...

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Return to Sender: The DOJ Withdraws a Decades-Old Letter to a Proxy Advisor

Play figures of different colors

For nearly four decades, Institutional Shareholder Services (ISS) held a piece of paper most public companies would envy: a 1987 business review letter from the U.S. Department of Justice saying the government had no plans to challenge its...

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import crates

Will Third Tariff Regime Charm the Courts?

import crates

If at first you don’t succeed, try, try again. That can-do sentiment could serve as the tagline for the administration’s newest tariff regime, which took effect on July 24. Acting under the Trade Act of 1974, the U.S. Trade Representative i...

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AI cooling towers

Data Centers Generate AI—and Risk—for Issuers

AI cooling towers

Everybody wants the AI, nobody wants the data center. That may be an oversimplification, but if you read enough securities filings (as we love to) or litigation dockets, you start to realize it’s only a slight one. The opposition to data ce...

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