As one of the most famous individuals in the world, it is not uncommon for Kim Kardashian (“Kardashian”) to make headlines. Recently, the headline related to fines and penalties to be paid to the Securities and Exchange Commission (“SEC”) in
Corporate Law
The Cole Schotz P.C. blog covers a range of corporate law topics including corporate transactions, bankruptcy and corporate restructuring, securities regulation, and digital assets such as cryptocurrencies and NFTs. It discusses regulatory compliance issues involving the SEC, CFTC, and IRS, as well as legal considerations for digital asset investments, initial coin offerings, and cryptocurrency payments. The blog also addresses real estate finance, litigation, employment, and intellectual property matters within the corporate context. It provides updates on legal developments affecting various industries and offers insights into the intersection of corporate law with emerging technologies and financial instruments.
Latest from Corporate Law
Digital Assets Key Terms Overview
The first Bitcoin ETF began trading today in the United States. Although this ETF is a Bitcoin Futures ETF, the world’s largest digital currency manager announced today that an application to convert its Bitcoin Trust into a Bitcoin Spot ETF…
How to Use Cryptocurrencies
Uses of Cryptocurrency Overview
As previously detailed, there are a number of regulations surrounding Cryptocurrencies which vary by location (State Regulations) and by federal agency (FINCEN Regulations, IRS Regulations, SEC Regulations, and CFTC Regulations…
Cryptocurrencies and the Commodity Futures Trading Commission
As previously discussed, there are quite a few regulatory schemes surrounding Digital Assets and Cryptocurrencies. In addition to the FinCen Rulings, each State has its own regulations. The Internal Revenue Service (“IRS”) has its stance on taxation of…
Cryptocurrencies and the Securities and Exchange Commission
As previously discussed, in addition to the State Regulations and FinCen Rulings pertaining to Digital Assets and Cryptocurrencies, there are a host of other federal agencies with regulations that affect the industry. The Internal Revenue Service (“IRS”) determines how Digital…
Cryptocurrencies and the Internal Revenue Service
There are multiple regulatory schemes to be aware of when considering or pursuing opportunities within the Digital Asset and Cryptocurrency industries beyond the various State Regulations and the FinCen Rulings. In what looks like a bowl of alphabet soup,…
Digital Assets and Financial Crimes Enforcement Network Rulings
In recent months notable investors, wealth managers, and banks have begun to explore (if they were not already invested in) bitcoin and other cryptocurrencies. Many banks are beginning to offer cryptocurrency investment options to high net worth individuals, and there…
State Regulations of Digital Assets
As digital assets, and cryptocurrencies specifically, have continued to gain worldwide popularity, you might be wondering whether you can pursue opportunities within the industry. The answer in large part depends on what type of involvement you seek to achieve, and…
Letters of Intent
Many transactions begin with the delivery by one party to the other of a letter of intent (“LOI”).[1] The LOI is a document setting forth the parties’ intent to enter into a transaction and summarizing certain salient business…
SBA Releases Guidance on Paycheck Protection Program 2.0
On January 8, 2021, the U.S. Small Business Administration (“SBA”), in consultation with the Department of Treasury, announced the re-opening of the Paycheck Protection Program (“PPP”) to first-time borrowers and certain existing borrowers. Through a series of Interim Final Rules…