Delaware Franchise Tax due date: a reminder for Delaware corporations
By Trent Dykes, Ossie Ravid and Jennifer Tornow Just a reminder to those who have Delaware corporations: your annual report and franchise tax payment are both due by March 1. At this point, you have likely already received from Delaware your notification of annual report and franchise tax due, which is ...
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Delaware Franchise Tax due date: a reminder for Delaware corporations
By Trent Dykes on 08 Jan 2018
By Trent Dykes, Ossie Ravid and Jennifer Tornow Just a reminder to those who have Delaware corporations: your annual report and franchise tax payment are both due by March 1. At this point, you have likely already received from Delaware your notification of annual report and franchise tax due, which is ...
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Investors
SEC Report on Tokens as Securities: Seven Takeaways
By Trent Dykes on 27 Jul 2017
One of the more interesting phenomena in early-stage investing is the recent emergence of initial coin offerings (“ICOs”), token generation events (“TGEs”), or similar distributed ledger or blockchain-enabled means for raising capital. Much has been written, including by many skilled lawyers in the technology sector, about whether the tokens issued in ...
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VC Funds and Tax
The SEC has the Munchees: Eating away at the “utility token” theory
By Andrew Ledbetter on 12 Dec 2017
Yesterday, the SEC issued an enforcement order regarding Munchee’s token offering and SEC Chairman Jay Clayton released a general public statement on cryptocurrencies and ICOs. For those who previously read our post about the SEC’s report in the DAO, much of this might not be a surprise – although the SEC ...
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IPOs and M&A
Finance Rules of the World: see how different jurisdictions allow for finance & investment
By Trent Dykes on 01 Dec 2017
Compliments of over 100 of our DLA Piper colleagues around the world, DLA Piper has launched Finance Rules of the World, which gives you answers to key legal questions that you may consider when initially looking at financing or investing in particular jurisdictions. The interactive Finance Rules of the World ...
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