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The U.S. Justice Department just lurched further left; don't give it more power - Carolina Journal - Vimarsana News

The U.S. Justice Department just lurched further left; don't give it more power - Carolina Journal

The U.S. Senate voted 51-48 on May 25 to confirm Kristen Clarke to head the U.S. Department of Justice’s (DOJ) Civil Rights Division. She will lead a Civil Rights Division (CRD) of the DOJ that has become less a race-neutral enforcer of civil rights laws and more a government wing of progressive organizations. A bill currently before Congress would give that politicized division sweeping powers over North Carolina’s elections. Christopher Coates, a former American Civil Liberties Union lawyer who served in the Voting Section in the Civil Rights Division, brought the discriminatory rift in...

SEC Speaks Out on SPACs, Highlights Legal Liability and Reporting Risks | Proskauer - Corporate Defense and Disputes - Vimarsana News

SEC Speaks Out on SPACs, Highlights Legal Liability and Reporting Risks | Proskauer - Corporate Defense and Disputes

To embed, copy and paste the code into your website or blog: SPACs seem to be having their moment in the financial world, especially in 2021.  In less than three months, U.S.-based SPACs have raised more money – almost $88 billion – than all SPACs combined in 2020 (which held the previous high for SPAC investment by some margin).  They have even reached a level of societal notoriety, as shown by this week’s cover of New York Magazine.  However, before SPACs and their supporters can carry this trend “to the moon,” the SEC chose this week to release two notices bringing SPAC fans b...