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Meme Stock Mania and the Rise of APEs: A Clever but Controversial Solution to AMC’s Share Issuance Problem

Fordham Law News

1] In 2020, AMC Entertainment (“AMC”), the nation’s largest movie theater chain, posted a staggering $4.6 The company’s yearly revenue plummeted by 77% to $1.24 12] The company gave out one APE as a dividend for each common share, and individually sold APEs to further raise cash. [13] billion loss. AMC) , Yahoo!

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The Shrinking Separation Between Big Tech and Banks

Fordham Law News

Electronic Fund Transfer Act and Bank Holding Company Act) will continue to apply as Big Tech companies expand consumers’ access to mobile financial services. 16] Though companies like Apple provide accessibility, they rely on banks to carry out transactions. [17]. population—used mobile payment systems. [2]

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Cockfighting in Puerto Rico and trade-dress protections for snack foods

SCOTUSBlog

They insist that cockfighting is the island’s “national sport,” pointing to over 70 “cockpits” located throughout Puerto Rico, which host tens of thousands of cockfights each year, supporting an estimated 11,000 jobs and generating $65 million in annual revenue. Lotte International America Corp. Lotte International America Corp.

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U.S. Supreme Court Renders Personal Jurisdiction Decision

Conflict of Laws

Supreme Court yesterday upheld the constitutionality of Pennsylvania’s corporate registration statute, even though it requires out-of-state corporations registering to do business within the state to consent to all-purpose (general) personal jurisdiction. re-opens the door to suing foreign companies in U.S. The result in Mallory v.

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Pipeline Decisions Do Not Spell Doom for Transmission

ClimateChange-ClimateLaw

Local natural gas distribution lines—which connect consumers to interstate pipelines—are owned and operated by local distribution companies, which are typically regulated by state public utility commissions. A nationwide permit can last for up to five years, after which time the Corps must reissue it or the permit expires.

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The Use of Mandated Public Disclosures of Clinical Trials as Prior Art Against Study Sponsors

Patently O

The case garnered amicus curiae briefs filed by several innovative pharmaceutical companies in support of the patent owner, Salix Pharmaceuticals. 2019) and Novartis Pharmaceuticals Corp. Apotex Inc., 3d 1375 (Fed. West-Ward Pharmaceuticals International, Ltd., 3d 1051 (Fed.

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A Comparative Analysis of the SEC’s Climate Disclosure Proposal

ClimateChange-ClimateLaw

What seemed improbable just a few years ago – requiring large companies to measure and report annual greenhouse gas emissions generated by their operations and “value chains”– is becoming reality in several countries. If CARB does not so indicate, the number of covered companies will be significantly smaller.

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