Section 527 of the Internal Revenue Code provides a broad tax exemption for Political Action Committees (PACs) involved only in campaign activity. Section 527 applies only to "political organizations...
Interested in step-by-step guidance to simplify commercial purchase and sale transactions? Use this handy checklist for transactions in Oregon. See the Related Content section below for similar checklists...
The Sunshine State is fast becoming the Business State! Whether your client is starting, selling, or buying a Florida business, Practical Guidance’s new M&A Resource Kit for Florida puts over...
On April 23, 2024, the U.S. Department of Labor enacted a rule increasing the salary threshold for “white-collar” employees to be exempt from receiving overtime from $35,568 to $43,888 on July...
This resource kit provides guidance useful for both patent prosecutors and litigators on how courts and the Patent Trial and Appeal Board have construed commonly used patent claim terms and related claim...
Business combination agreements for SPAC acquisitions of private companies are distinctly different from both public company and private target acquisition agreements. For example, (1) representations and warranties of the SPAC address the SPAC’s lack of business activities, capitalization structure after taking into account any SPAC-specific investments and securities, and the funding and maintenance of the SPAC’s trust account; (2) covenants typically cover transaction financing obligations, the distribution and use of trust account proceeds, and continued listing on the applicable stock exchange; and (3) conditions to closing usually incorporate a net tangible assets clause or minimum cash obligation, or both. Draft and negotiate your next de-SPAC business combination agreement using this robust annotated template specifically tailored for de-SPAC transactions.
Read now »
Related Content
Practical Guidance UpdatesFeaturing the latest updates from your Practical Guidance account.
PRACTICAL GUIDANCE CUSTOMER EMAIL EDITION ON THE WEB
Experience results today with practical guidance, legal research, and data-driven insights—all in one place.Experience Lexis+