Topic
Reverse Merger
29 published works
China Law Blog
China Reverse Mergers: Good Luck with That
The big story in the China business/legal community this week is the back and forth between Muddy Waters and Sino-Forest (see here and here). I will reserve my comments on…
Securities Law Prof Blog
Nasdaq Files Proposed Rule Changes on Reverse Merger Companies
NASDAQ filed with the SEC a proposed rule change requiring additional disclosure about companies that become public through reverse mergers. NASDAQ explained that because of the extraordinary level of public attention in listed…
InsureReinsure
Reverse Mergers in the Spotlight
Securities suits against Chinese companies listed on U.S. stock exchanges are on the rise. The majority of these suits concern suspect accounting practices – namely, allegations that the financial data…
The D&O Diary
SEC Cracking Down on Non-U.S. Reverse Merger Companies
One of the most noteworthy stories over the past several months has been the flurry of accounting fraud allegations involving Chinese companies that obtained listings on U.S. securities exchanges through…
Securities Law Prof Blog
SEC Commissioner Aguilar Addresses Reverse Mergers by Chinese Companies
In a speech before the Council of Institutional Investors Annual Conference, SEC Commissioner Luis Aguilar addressed the investor protection problems presented by the recent trend of foreign private issuers going…
Securities Law Prof Blog
PCAOB Issues Report on Chinese Reverse Mergers
The Public Company Accounting Oversight Board (PCAOB) recently issued its first public Research Note which provides new data on the growth of reverse merger transactions involving companies from the China region.The…
Securities Law Prof Blog
HS3 Technologies Settles Reverse Merger Charges
The SEC issued an Order Instituting Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Making Findings, and Imposing a Cease-and-Desist Order against HS3 Technologies, Inc. (HS3). …
Securities Law Prof Blog
Allixon Settles Charges of Improper Reg D Offering
The SEC settled charges against Allixon International Corporation relating to the issuance of unregistered securities. The Order finds that in July 2005 Allixon's board of directors authorized the issuance of…
Delaware Corporate & Commercial Litigation Blog
Reverse Merger Not Subject to Transfer Tax
A recent Delaware Supreme Court decision includes a useful primer on statutory interpretation principles as well as an analysis of why it allowed a reverse merger of existing LLCs to…