Dealing with investor’s veto rights for startups

Any sensible investor would want to minimise their downside risks when making an investment especially in a risky asset class portfolio such as when investing in an early stage startup. The common way on how this may be achieved is by inclusion of veto rights over certain major company actions.

With the exceptions to angels, families and friends, most financial investors (i.e. people that spend their full time daily as an investor) such as corporates and venture capitals will want … Read the rest

The morning read for Friday, April 7

The morning read for Friday, April 7

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Friday morning read:

  • No-Opinion Federal Circuit Orders Face Long Shot at High Court (Kelcee Griffis, Bloomberg Law)
  • Idaho’s newest abortion law could end up in the Supreme Court (Lisa Rubin, MSNBC)
  • Lawmakers Call for Tighter Ethics Code After Revelations About Justice Thomas (Zach Montague, The New York Times)
  • Los Angeles Times reported about Justice Thomas’ gifts 20
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Our top 6 Planning Law takeaways for 2022 – Part 5: Retained EU Law Repeal Bill

In the fifth of our blogs on recent developments in planning law , we turn our attention to the Retained EU Law (Revocation and Reform) Bill 2022 introduced by Jacob Rees-Mogg at the height of the Truss premiership in September 2022. 

Described by Professor Michael Zander KC as “one of the worst pieces of legislation I can remember in some 60 years of following the law-making process“, the Bill seeks to deliver on the Brexit promise of taking … Read the rest

The morning read for Wednesday, April 5

The morning read for Wednesday, April 5

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Each weekday, we select a short list of news articles, commentary, and other noteworthy links related to the Supreme Court. Here’s the Wednesday morning read:

  • Minnesota gun ruling is latest citing Supreme Court decision (Steve Karnowski, The Associated Press)
  • U.S. Supreme Court won’t hear lawsuit from wrongfully convicted Milwaukee man who served 24 years in prison (Drew Dawson, Milwaukee Journal Sentinel)
  • Roberts Rankled Colleagues as His Hold on Supreme Court Slipped, Book Says (Greg Stohr, Bloomberg)
  • Will the Supreme
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Jackson dissents in denial of Louisiana man’s death-row evidence plea

Jackson dissents in denial of Louisiana man’s death-row evidence plea

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Over a dissent from the court’s three liberal justices, the Supreme Court turned down a request from a Louisiana man on death-row to weigh in on when someone else’s confession is the kind of evidence that the Constitution requires prosecutors to turn over. The court’s denial of review in Brown v. Louisiana came at the end of a list of orders from the justices’ private conference last week.

The justices did not add any new cases to their docket … Read the rest

On icy ground: Kamila Valieva and the challenge of pleading “no fault or negligence” in anti-doping cases

Introduction

On 21 February 2023, the World Anti-Doping Agency (“WADA”) issued a statement confirming that it was appealing the decision of the disciplinary tribunal of the Russian Anti-Doping Agency (“RUSADA”) in the case of Kamila Valieva to the Court of Arbitration for Sport (“CAS”). Although the full decision has not been published, the RUSADA tribunal found that the teenage figure skater bore ‘no fault or negligence’ (“NFON”) in testing positive for a … Read the rest

Another federal agency challenges adverse ruling by 5th Circuit

Another federal agency challenges adverse ruling by 5th Circuit

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The Petitions of the Week column highlights a selection of cert petitions recently filed in the Supreme Court. A list of all petitions we’re watching is available here.

Next term the justices will hear the government’s appeal of a decision by the U.S. Court of Appeals for the 5th Circuit that found the funding mechanism for the Consumer Financial Protection Bureau unconstitutional. This week, we highlight cert petitions that ask the court to consider, among other things, whether … Read the rest