Amongst the issues discussed in a Delaware Chancery Court opinion in a case captioned In re Plug Power Inc. Stockholder Derivative Litigation, was whether SEC comment letters formed a basis for a Caremark Claim.
The Company received five comment
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HSA/HDHP Limits for 2026
On May 1, 2025, the Internal Revenue Service (IRS) released Revenue Procedure 2025-19, which provides the 2026 inflation adjusted limits related to Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs).
The following charts summarize the 2026 limits
2025 Changes to the Minnesota Business Corporation Act
Govern Walz has signed legislation that includes the following changes to the Minnesota Business Corporation Act:
- Provides that bylaws may address emergency powers of a corporation where it is impracticable for the corporation to conduct affairs in accordance with the
SEC Addresses Disclosures in Offerings and Registrations of Securities in the Crypto Asset Markets
As part of an effort to provide greater clarity on the application of the federal securities laws to crypto assets, the SEC’s Division of Corporation Finance has provided its views about the application of certain disclosure requirements under the federal securities
SEC Staff Speaks to Stablecoins
The SEC staff has promulgated new views on stablecoins. Specifically, the staff statement addresses stablecoins that are designed to maintain a stable value relative to the United States Dollar, or “USD,” on a one-for-one basis, can be redeemed for USD
SEC Walks Away From Climate Disclosure Litigation
The SEC announced that the Commission had voted to end its defense of the rules requiring disclosure of climate-related risks and greenhouse gas emissions.
SEC Acting Chairman Mark T. Uyeda said, “The goal of today’s Commission action and notification to
SEC Addresses Crypto Proof-of-Work Mining Activities
The SEC looked favorably on designated crypto mining activities by stating that such activities are not securities. Specifically, the SEC addressed “proof-of-work” activities. According to the SEC, Proof-of-work (“PoW”) is a consensus mechanism that incentivizes network transaction validation by rewarding
Consolidation Just Got Bigger!
Procurement has clearly been on the President’s mind. On March 20, 2025, President Trump issued Eliminating Waste and Saving Taxpayer Dollars by Consolidating Procurement. While the devil will be in the details, this is a huge move to consolidate
SEC Expands Confidential Filings to Facilitate Planning for IPOs
The SEC announced that its Division of Corporation Finance is further facilitating capital formation by enhancing the accommodations available to companies for nonpublic review of draft registration statements.
The enhanced accommodations include:
- Expanding the availability of the nonpublic review
SEC Staff Signs Off on Meme Coins
The SEC Staff at the Division of Corporation Finance issued a statement which said “It is the Division’s view that transactions in the types of meme coins described in this statement, do not involve the offer and sale of securities