by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is Convertible Adjustable Preferred Stock?Convertible Adjustable Preferred Stock are preferred shares of stock that holders can exchange for a given number of the company’s common stock shares. This exchange can occur at any time chosen by the investor,...
by Jason M. Gordon | Feb 23, 2025 | Business Transactions, Antitrust, & Securities Law
What is an IPO Lock-Up?An IPO lock-up, also known as a lock-up period, is a contractual document designed to prevent early insiders and investors from selling their shares after a company going public. It helps to minimize pressure during the initial stages of a...
by Jason M. Gordon | Feb 23, 2025 | Insurance & Risk Management
What is a Financial Risk Manager? Financial risk manager, also known as FRM, is a professional designation that the Global Association of Risk Professionals (GARP) issue. FRM accreditation from GARP is a financial risk professionals premier certification with global...
by Jason M. Gordon | Feb 23, 2025 | Commercial Law: Contract, Payments, Security Interests, & Bankruptcy
What is a Bill of Exchange? A bill of exchange refers to a financial instrument explicitly used for international trade to bind one party to pay a specified amount of money to the holder of the document or another designated person. The bill of exchange is paid after...
by Jason M. Gordon | Feb 23, 2025 | Business Entities, Corporate Governance & Ownership
What is the Revlon Rule? When a hostile takeover is about to occur and is inevitable, a company’s board of directors makes a satisfactory effort to get the company the highest possible value they can get. This is known as the Revlon Rule. This rule is...
