Convertible bonds are usually fixed-rate bonds that give their holders the right to convert their bonds to another instrument. This instrument is usually common stock, but can be another debt or equity instrument of the issuer. Convertible bonds can be used as a relati...

In the past few months, the hashtag #WeAreTwitter gained traction as Twitter users began voicing their thoughts about the company’s corporate structure. More than 3,300 people signed a petition supporting the notion of “freeing” Twitter from Wall Street. The idea is th...

Background

On October 13, 2016, the Treasury Department and the Internal Revenue Service released final and temporary regulations under Section 385 of the Internal Revenue Code. Section 385 of the Code authorizes the Treasury Department to issue regulations to determine...

In early February, the newly established “Climate Leadership Council”— a consortium of Republican Party stalwarts including officials from the Reagan and both Bush administrations—unveiled their plan for a gradually increasing, revenue-neutral tax that puts a price on...

Many lawyers chose to transition from firm to in-house practice for the wrong reasons. Often, private practitioners are enticed to go in-house because of the misconception that company lawyers earn more with less work. However, the role of legal departments is expandin...

In 2015, close to 200 nations negotiated the Paris Agreement on climate change.  Less than a year later, it was ratified by 113 nations.  The agreement went into effect on November 4, 2016, a development so fast that it even caused surprise among the member nations the...

2016 was an uneventful year for the IPO market. The year saw the lowest number of deals since 2009 and raised less than $19 billion, the lowest level of proceeds since 2003.

According, to data from Renaissance Capital, there were 96 offerings of companies with a market...

Most business law students find it difficult to transition from student to practicing business lawyer.  As a former associate and now law firm partner, I have interviewed dozens of law students from the best law schools around the country and many of them ask for sugge...

The New York University Journal of Law and Business has published commentary by scholars and professionals at the intersection of law and business since 2005.  Over the years, we have strived to deliver thought-provoking articles from diverse viewpoints. Today, we are...