Acting FCC Chairman Jessica Rosenworcel could save net neutrality
News Highlights: Acting FCC Chairman Jessica Rosenworcel could save net neutrality
President Joe Biden has appointed Jessica Rosenworcel as Acting Chair of the Federal Communications Commission, making her the agency’s temporary chief and a frontrunner as a full-time replacement. Here’s what you need to know about the new FCC header.
On Thursday, President Biden named Rosenworcel as his choice for an acting FCC chairman. Taking over the role of former Chairman Ajit Pai now means a Democratic-leaning Commissioner in charge, after four years of Republican leadership.
Rosenworcel’s appointment is only temporary for now, but she has a decent chance of becoming the permanent president for Biden’s entire tenure, given the democratic control of the Senate.
How financing SPAC takeovers became Wall Street’s new favorite trade CNBC 1/25/2021 Leslie Picker
PIPEs, increasingly deployed in conjunction with red hot SPACs, are mechanisms for companies to raise capital from a select group of investors outside the market.
Bankers from several firms have told CNBC they ve received an uptick in inbound interest recently from investors looking for future PIPE opportunities.
In 2020, PIPEs generated $12.4 billion in supplemental capital to help fund 46 SPAC mergers, according to data pulled by Morgan Stanley.
The heightened prevalence of this product is raising concerns about the potential lack of understanding among the broader cohort of SPAC investors about how these investments work.
Adjunct Professor of Law
Patrick A. Bradford specializes in complex business and regulatory litigation, including representing clients before the DOJ, SEC, FTC, and FINRA. He regularly appears in federal and state courts throughout the country. His expertise includes antitrust, financial services, auditor defense, regulatory investigations (including corporate, government, and FCPA investigations), corporate governance, False Claims Act, employment discrimination (defense), environmental, ethics, healthcare fraud, and class action defense. Mr. Bradford’s clients include public and private companies, directors and officers, and high net worth individuals.
Recent trial representations include the chief defendant in the FTC’s largest-ever real estate asset freeze in federal court (D. Md); Hercules PC and its principal in an employment discrimination case in federal court (S.D.N.Y.); and CNA insurance in a medical malpractice trial in Georgia state court (Fulton Co. Ga).
Donald Trump’s last-minute pardons issued just as he left the White House last week may include major "gaps" that could allow President Joe Biden's Justice Department to continue seeking prosecutions against recipients, according to legal experts. The former president granted a flurry of clemencies to several of his loyalists and advisers, as well as celebrities like rapper Lil Wayne, before he skipped the Inauguration Day ceremonies and headed.
Wollmuth Maher & Deutsch LLP Announces Two New Litigation Partners
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NEW YORK, Jan. 22, 2021 /PRNewswire/ Wollmuth Maher & Deutsch LLP is pleased to announce that John R. Hein and Joshua M. Slocum have been promoted to Partner, effective January 1, 2021. Mr. Hein and Mr. Slocum are based in the firm s New York City office and practice in the firm s litigation group. We are thrilled to welcome John and Josh to the partnership of the firm. Both have demonstrated extraordinary talent and unwavering commitment to our clients, said David Wollmuth, the firm s Managing Partner. We look forward to their continued contributions to our clients and our firm, and we congratulate them on this professional milestone.