Almost ten years since the beginning of the Great Recession, the fallout is still fresh in the minds of most Americans, politicians, and economists. The impact it had on the the greater part of the American people pushed Congress to pass reforms to protect their constituents and to prevent a similar crisis from happening in…
Author: Paul Kako
The Benefits and Drawbacks of the JOBS Act
In April 2012, the Jumpstart Our Business Startups Act, better known as the JOBS Act, was signed into law, receiving bipartisan support. The JOBS Act is aimed at reducing securities regulations for emerging growth companies to help these companies have access to the capital markets. In theory, the Act seems to have a laudable goal:…
What a Trump Presidency Means for Detroit
After January 20th, two things are certain: Donald Trump is the President and Detroit is experiencing a robust comeback after filing for municipal bankruptcy four years ago. Donald Trump has promised to renegotiate trade deals and lower the corporate tax rate. If Trump can make good on his promises, how will these changes impact the…
Issues of Cybersecurity and Issues with Material Adverse Change Provisions
On July 25, 2016, it was announced that Verizon would buy Yahoo for $4.83 billion.1 On September 22, 2016, Yahoo announced that personal data from at least 500 million accounts was stolen back in 2014.2 During a merger and acquisition, both parties undergo an extensive due diligence process. Part of this process does includes the…