The United States Court of Appeals for the Fifth Circuit (the “Fifth Circuit”) ruled on December 31, 2024 that Serta Simmons Bedding’s (“SSB”) 2020 uptier exchange included a transaction that, ...
BOSTON (CN) — A popular Maine law that forces cable companies to give a pro-rata refund to TV customers who quit in the middle of a month was upheld Tuesday by the First Circuit. Although the 1984 ...
Lee Edwards, partner at Root VC, has a saying at his firm that “pro rata rights are earned, not given.” That may be a bit of a stretch since pro rata refers to a term that VCs put in their term sheets ...
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