Heat Wave Shuts Down TX Bitcoin Miners Nearly all industrial Bitcoin miners in Texas shut down their millions of computers this month in response to a conservation request from the Electric Council of Texas, the state’s power operator, as it braced...

This practice note outlines considerations for investment managers as they navigate securities ownership thresholds and accompanying reporting requirements. There are several reporting and filing regimes that apply to the acquisition of different amounts...

This resource kit includes a host of guidance and materials to navigate different private equity transactions. Private equity transactions refer to investments (and the sale or disposition of those investments) made by pooled investment vehicles (a private...

Practical Guidance has the resources and foundational content summer associates need to get up to speed and be a valuable part of the team from day one. The Summer Associate Resource Kit provides extensive coverage of what they need to know to excel in...

A wide variety of institutions, foundations, and high-net-worth individuals invest in private equity funds, and the largest of these institutional investors have both the resources to engage attorneys and consultants to carry out thorough private equity...

In a typical private equity M&A transaction, a private equity fund acquires a controlling or significant minority stake in the equity securities of a privately-held target company (referred to as a portfolio company once acquired), with the goal of...

Bridge loan facilities are short-term loans that are used by borrowers until they are able to secure permanent financing for an acquisition. In the private funds context, private equity funds use bridge financing as a tool to provide the immediate cash...

This comprehensive resource kit includes materials for an array of legal needs, including detailed practice notes, templates, and checklists. It includes content from Practical Guidance’s spectrum of practice areas to identify areas of importance...

The Investment Advisers Act of 1940 makes it unlawful for an investment adviser that is registered, or required to be registered, with the U.S. Securities and Exchange Commission (SEC) to provide investment advice without a comprehensive compliance program...

In 1997, in Illinois Brick v. Illinois , the Supreme Court held that indirect purchasers had no standing under the federal antitrust laws. However, state laws, known as Illinois Brick repealers, may still allow indirect purchaser suits. Our Illinois Brick...