1st Circuit adopts 'irrevocable liability' test – and why 'Morrison' matters in the crypto age

1st Circuit adopts 'irrevocable liability' test – and why 'Morrison' matters in the crypto age

The 1st U.S. Circuit Court of Appeals has just lent its weight – in a ruling issued on Monday in Securities and Exchange Commission v. Morrone (2021 WL 1850551) – to appellate precedent that, in essence, instructs issuers of unusual securities on how to …
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Long Beach offers incentive for COVID-19 vaccinations: Free Aquarium of the Pacific tickets

To date, Long Beach has administered more than 311,000 coronavirus vaccine doses, but is looking to reach out to a group of people who are resistant, for various reasons, to get the inoculation. “ …
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One reason there's a chicken shortage? Disappointing roosters

New York (CNN Business) Chickens are in short supply. Part of the blame goes to Tyson’s roosters. The meat processor, which sells poultry along with beef and pork, said that its chicken volumes have been low in part because the roosters it uses for breeding …
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Increase in jumbo QM loans helps to boost credit availability

Economic optimism fueled a rise in mortgage credit availability for the second time in a year last month, when offers of large loans through the private market and two government-related agencies increased. A Mortgage Bankers Association index that …
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TaylorMade Golf Is Sold to Korean Equity Firm Centroid

The golf brand TaylorMade is changing hands, with a Korean private equity firm acquiring the company amid a global boom in the sport. Seoul-based Centroid Investment Partners has agreed to buy TaylorMade from New York-based KPS Capital Partners, …
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