Q: Dear Ethics Lawyer, I am a lawyer who represents businesses in corporate transactions. For the last few weeks, I have been going out with a law school classmate. Initially it was just as friends, but the last couple of
Latest from Stinson LLP - Page 7
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
March 17, 2025 Issue – Privileged Information within Company
Q: Dear Ethics Lawyer, I am in-house counsel for a company, and field a steady stream of requests for legal advice from various business department heads. In looking at internal emails, I am finding that often the advice I provide
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
March 3, 2025 Issue – Representing an Opposing Lawyer
Q: Dear Ethics Lawyer, I am defending a huge piece of commercial litigation. I, and others in our firm, have been opposite to plaintiff’s counsel Jane Smith in a number of hard but well-fought cases and there is mutual respect.
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
February 17, 2025 Issue – Duties Re Mis-Performing Staff
Q: Dear Ethics Lawyer, I am mid-level partner at a firm with an active litigation practice. I use paralegals a fair amount for various tasks and have always had pretty good experiences with them, but I am not responsible for
February 3, 2025 Issue – Joint Representation/Aggregate Settlement
Q: Dear Ethics Lawyer, I represent co-defendants in a suit for misappropriation of trade secrets. The plaintiff has offered to settle for a total sum of $1 million. Although both defendants were involved, it appears from the evidence that the