LexisNexis continues to expand its Practical Guidance offering with a wealth of new resources across practice areas. This month introduces several exciting new tools and content to help legal professionals...
Publicly traded companies can offer their employees access to purchase employer stock on a discounted basis, using an employee stock purchase plan that complies with I.R.C. § 423 . These plans are...
After experiencing the hottest summer on record, many municipalities are enacting laws requiring landlords to provide air conditioning and other cooling mechanisms to ensure that rentals are habitable...
The Corporate Transparency Act (CTA), which went into effect on January 1, 2024, provided an initial grace period for existing entities to file their Beneficial Ownership Information (BOI) reports. For...
This practice note discusses key legal and regulatory issues, questions to ask, and documents to review in due diligence for drug company transactions. Read now » Related Content Alternative...
Equity cure rights permit a holding company, sponsor, or other shareholder to make an investment in the borrower, thereby providing cash proceeds that allow the borrower to comply with financial maintenance covenants in the credit agreement and preventing or repairing a breach of those covenants. While the prevalence of equity cure rights during 2023 remained steady when compared to credit agreements filed in 2022, new trends are developing. Read this practice note providing an overview of recent trends in equity cure rights to learn more!
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