Emerging Companies

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California’s SB 54 Will Require Many VC and PE Funds to Report Founder Diversity Statistics to the California Civil Rights Department

California’s Senate Bill 54 will require many venture capital and private equity funds to report founder diversity statistics to the California Civil Rights Department.

Client Alert | November 7, 2023

M&A Report: Delaware Court of Chancery Declines to Enforce a Covenant Not to Sue Upon Exercise of a Drag-Along Right for Public Policy Reasons

Gibson Dunn lawyers discuss a ruling by the Delaware Court of Chancery that a covenant not to sue cannot shield defendants from tort liability for intentional harm.

Client Alert | May 8, 2023

Grace Chong Named a Rising Star at the IFLR Asia-Pacific Awards 2023

International Financial Law Review named Singapore of counsel Grace Chong as a Rising Star at the 2023 IFLR Asia-Pacific Awards.

Firm News | March 24, 2023

Grace Chong Named a Singapore Rising Star by Asian Legal Business

Asian Legal Business named Singapore of counsel Grace Chong to its inaugural Singapore Rising Stars 2022 list, which highlights “the next generation of the country’s lawyers who have demonstrated great potential in the industry, while earning wide acclaim from their clients in the process.”

Firm News | December 20, 2022

Gibson Dunn Recognized in Chambers FinTech 2023

Gibson Dunn was recognized in the 2023 edition of Chambers FinTech, a guide to the best law firms and lawyers in the global FinTech industry.

Firm News | December 2, 2022

Down round and cramdown financings: a guide

In the first three months of 2020, the US economy suffered its sharpest decline since the 2007-8 financial crisis. Venture-backed companies are not immune.

Publications | July 8, 2020

New Export Controls on Emerging Technologies – 30-Day Public Comment Period Begins

On Monday, the Trump administration took the first step toward imposing new controls on the export of cutting-edge technologies.  Pursuant to the Export Control Reform Act of 2018 ("ECRA"), the U.S. Department of Commerce's Bureau of Industry and Security ("BIS") published a request for the public's assistance in identifying "emerging technologies" essential for U.S. national security that should be subject to new export restrictions.

Client Alert | November 21, 2018

India – Legal and Regulatory Update (June 2018)

The Indian Market The Indian economy continues to be an attractive investment destination and one of the fastest growing major economies. After a brief period of uncertainty, following the introduction of a uniform goods and services tax and the announcement that certain banknotes would cease to be legal tender, the growth rate of the economy has begun to rebound, increasing to 7.7 percent in the first quarter of 2018, up from 6.3 percent in the previous quarter.

Client Alert | June 28, 2018

Accelerating Progress Toward a Long-Awaited Federal Regulatory Framework for Autonomous Vehicles in the United States

House Passes the SELF DRIVE Act, Consideration in Senate Committee Hearing on Including Large Commercial Autonomous Vehicles, and New Department of Transportation Guidelines

Client Alert | September 14, 2017

Trump Administration Rescinds Deferred Action for Childhood Arrivals (DACA) Program

On September 5, 2017, the Trump Administration announced the termination of the Deferred Action for Childhood Arrivals program ("DACA").  Attorney General Jeff Sessions announced the Administration's decision in remarks delivered on Tuesday morning.  Acting Secretary of Homeland Security Elaine Duke subsequently issued a memorandum formally rescinding the program, after which the White House issued a separate statement explaining President Trump's decision.

Client Alert | September 5, 2017

Update on Immigration Executive Order

Gibson Dunn previously issued several client alerts regarding President Trump's January 27, 2017 and March 6, 2017 Executive Orders restricting entry into the United States for individuals from certain nations and making other immigration-related policy changes.

Client Alert | June 29, 2017

Analysis of March 6, 2017 Executive Order on Immigration

Gibson Dunn previously issued several client alerts regarding President Trump's January 27, 2017, Executive Order restricting entry into the United States for individuals from certain nations and making other immigration-related policy changes.

Client Alert | March 7, 2017

Ninth Circuit Court of Appeals Issues Opinion Upholding Nationwide TRO of January 27 Immigration-Related Executive Order

On Monday, January 30, 2017, Gibson Dunn issued a client alert regarding President Trump's January 27 Executive Order restricting entry into the United States for individuals from certain nations, and making other immigration-related policy changes.

Client Alert | February 10, 2017

Recent Developments Regarding Executive Order on Immigration

On Monday, January 30, 2017, Gibson Dunn issued a client alert regarding President Trump's January 27 Executive Order restricting entry into the United States for individuals from certain nations and making other immigration-related policy changes.

Client Alert | February 1, 2017

President Trump Issues Executive Order on Immigration

On January 27, 2017, President Trump issued an Executive Order entitled "Protecting the Nation from Foreign Terrorist Entry into the United States."

Client Alert | January 30, 2017

India – Legal and Regulatory Update (January 2017)

The Indian MarketThe Indian economy continues to be an attractive investment destination due to its sustained stable growth and implementation of further liberalisation policies by the Government of India ("Government").

Client Alert | January 19, 2017

Indian Government Amends Foreign Direct Investment Policy (July 2016)

The Foreign Direct Investment Policy ("FDI Policy") is the primary regulation governing foreign investment in India. The Government of India ("Government") introduced several amendments to the FDI Policy through the annual Consolidated Foreign Direct Investment Policy Circular, 2016 issued on June 7, 2016 ("2016 FDI Policy") and a subsequent press note issued on June 24, 2016 ("Press Note").

Client Alert | July 1, 2016

India – Legal and Regulatory Update

Gibson Dunn provides a brief overview of the key legal and regulatory developments in India from October 1, 2015 to April 30, 2016.

Client Alert | May 18, 2016

U.S. SEC Adopts Final Rules Implementing “Regulation A+” Offering Exemption for Offerings of up to $50 Million

On March 25, 2015, in a unanimous vote, the U.S.

Client Alert | April 22, 2015

Bitcoin Basics: a Primer on Virtual Currencies

Washington, D.C. partner Judith Lee, New York partner Arthur S. Long, Los Angeles partner Marcellus McRae, Washington D.C. counsel Jeffrey L. Steiner and associate Stephenie Gosnell Handler are the authors of "Bitcoin Basics: a Primer on Virtual Currencies" [PDF] published in the January issue of the Business Law International.

Article | January 30, 2015

Emerging from EGC Status: Transition Periods for Former EGC Issuers to Comply with Reporting and Corporate Governance Requirements

Nearly two years ago, on April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act ("JOBS Act") into law. As part of the law's effort to encourage U.S.

Client Alert | March 12, 2014

Bitcoin arrest shows risk of virtual currency

Washington, D.C. partner Judith Lee is the author of "Bitcoin arrest shows risk of virtual currency" [PDF] published in the February 3, 2014 issue of the Los Angeles Daily Journal.

Client Alert | February 3, 2014

California’s New ‘Digital Eraser’ Evaporates Embarrassment

New York partner Alexander Southwell and California-based associates Joshua Jessen, Vivek Narayanadas and Danielle Serbin are the authors of "California’s New ‘Digital Eraser’ Evaporates Embarrassment, Part 2 of 2: New California privacy laws will make it easier for kids to remove inappropriate posts from websites."  [PDF] published in the November 19, 2013 issue of ALM's Law Technology News. "California Tightens Privacy Protection, Part 1 of 2: New California data privacy laws impose restrictions on third-party tracking and data breach notification" [PDF] was published November 18, 2013.

Client Alert | November 19, 2013

How to use company data efficiently to detect fraud and corruption

Washington, D.C. partners Joseph Warin and Michael Diamant, and associate Oleh Vretsona are the authors of “How to use company data efficiently to detect fraud and corruption” [PDF] published in the August 2013 issue of Financier Worldwide.

Client Alert | August 1, 2013

SEC Approves Final Rules to Permit Advertising in Rule 506 and Rule 144A Offerings; Also Proposes Rules to Add Additional Investor Protections

At an Open Commission Meeting on July 10, 2013, the SEC adopted long-awaited final rules to allow advertising of private securities offerings, as required by the Jumpstart Our Business Startups Act (the JOBS Act).

Client Alert | July 22, 2013

SEC Lifts Ban on General Solicitation, Allowing Private Funds to Advertise

On July 10, 2013, the Commissioners of the U.S. Securities and Exchange Commission ("SEC" or the "Commission") voted 4-1 to adopt a rule that will eliminate the prohibition against general solicitation and general advertising (together, "general solicitation") in private offerings conducted pursuant to Rule 506 of Regulation D under the Securities Act of 1933 (the "Securities Act").

Client Alert | July 17, 2013

Federal Trade Commission Updates Online Advertising Disclosure Guidelines; Addresses Mobile Devices and Social Media

On March 12, 2013, the Federal Trade Commission ("FTC") updated its advertising disclosure guidelines for mobile and other online advertisers. The new guidance, .com Disclosures: How to Make Effective Disclosures in Digital Advertising, explains how advertisers can make disclosures "clear and conspicuous" to avoid deceiving consumers.

Client Alert | March 14, 2013

Foreign Venture Capital Investors Permitted to Participate in the Secondary Market

The Reserve Bank of India ("RBI") recently issued a circular permitting foreign venture capital investors registered with the Securities and Exchange Board of India ("FVCI") to participate in secondary market transactions, with effect from March 19, 2012.

Client Alert | April 24, 2012

California Adopts Two New Corporate Forms to Advance Social Benefits

On October 9, 2011, California Governor Jerry Brown signed into law competing bills that create two new corporate forms in California -- a "flexible purpose corporation" and a "benefit corporation" -- intended to allow entrepreneurs and investors the choice of organizing companies that can pursue both economic and social objectives.  The new corporate forms differ from traditional for-profit corporations that are organized to pursue profit (and not social purposes) and non-profit corporations that must be used solely to promote social benefits.  These laws will take effect on January 1, 2012.  The flexible purpose corporation is created by California Senate Bill 201 ("SB 201"), which adds Division 1.5 to Title 1 of the California Corporations Co

Client Alert | October 25, 2011

Nationwide Privacy Class Action Dismissed in In re iPhone Application Litigation Based on Lack of Article III Standing

On September 20, 2011, Judge Lucy H. Koh of the United States District Court for the Northern District of California issued an order in In re iPhone Application Litigation, Case No.

Client Alert | September 27, 2011

California Amends Corporations Code to Liberalize and Streamline Legal Standards for Corporate Distributions and Dividends

On September 1, 2011, the Governor of California signed into law California Assembly Bill No. 571 ("AB 571"), which will liberalize and streamline the legal standards for California corporations and quasi-California corporations to make cash and property distributions to shareholders, including dividends and share repurchases and redemptions.

Client Alert | September 6, 2011