Topic
Convertible Notes
20 published works
India Tax Law
ITAT Puts On It’s Thin(king)-Cap – Treatment of Interest Paid on Compulsorily Convertible Debentures Under the Income Tax Laws
By Rishabh Shroff, Kunal Savani
The recent Income Tax Appellate Tribunal (ITAT) Order in CAE Flight Training (India) Pvt. Ltd. (TS-440-ITAT-2019 (Bang)) clarifies how Compulsorily Convertible Debentures (CCDs) are to be treated under Income Tax…
Corporate and Securities Law
Court Permits Conforming Indenture to Description of Notes
Global Fintech & Digital Assets Blog
Overcoming Regulatory Hurdles: Introducing an Automated Convertible Note Generator for Token-Based Startups
The online document generator helps startups raise capital with customizable market standard terms and optional digital token provisions. By David L. Concannon, Yvette D. Valdez, Stephen P. Wink, Miles P.…
InsureReinsure
What Every InsurTech Entrepreneur Should Know About Convertible Promissory Notes and SAFE Agreements
You have a strategic plan; You have an MVP; You have a Team; and You have an Investor! Both you and the Investor believe in the potential of the Entity.…
New York Venture Hub
Seed Round Model Structures, Part II: Convertible Notes, KISSes and SAFEs
In Part I of this two part series on model structures for seed rounds, I explained how the dramatic decline in the cost of launching an internet-based startup over the last…
New York Venture Hub
2016 Trends in Convertible Note Deal Terms
Seed stage investment deals, i.e., those in a range of approximately $100,000 on the low end and around $1.3 million on the high end, are structured either as straight equity…
The Securities Edge
SAFEs and KISSes – Alternative investment vehicles can help early stage companies get financed
Early stage and startup companies often face difficulty in obtaining initial financing. These companies normally do not have access to traditional venture capital, angel, or bank financing. Even when a…
New York Venture Hub
Convertible Valuation Caps: Loved by Angels, Tolerated by VCs and Hated by Entrepreneurs
I’ve noticed a recent trend of angel investors demanding valuation caps on their convertible bridge loans, and I’ve received questions lately from startup and VC clients about them. So I…
Delaware Corporate & Commercial Litigation Blog
Chancery Denies Injunctive Relief for Issuance of Convertible Note as Security in Violation of Agreement Due to Risk of Bankruptcy
Fletcher Int’l, Ltd. v. ION Geophysical Corp., C.A. No. 5109-VCP (Del. Ch. March 24, 2010), read letter decision here. This 15-page letter decision from the Court of Chancery addresses the issue of…
The Contingency
Note Holders Can’t Convert to Cash or Stock Under Indenture, Second Circuit Holds; Common Stock v. American Depository Shares
Holders of convertible notes claimed, through their trustee, that the acquisition of the note-issuing company triggered their right, under the trust indenture, to receive cash or stock if and when…