In House - The FindLaw Corporate Counsel Blog

Recently in Corporate Financing Category

Old GM, Meet the New GM

| No TrackBacks
It's been a while since I posted anything on the GM bankruptcy, and the hiatus has been completely deliberate.  With so much news and speculation swirling around the proceedings, it would be easy to let the affair completely take the blog over.

But yesterday's opinion from the bankruptcy court judge definitely deserves a post, especially since one of the key points in the opinion deals with the disposition of injury lawsuits against the company.
If you work in the legal department of a start-up funded by venture capital, odds are you have been doing financing rounds less often and raising less per round than in times past. 

Fenwick & West has backed up this anecdotal observation with a survey containing some less-than-encouraging numbers for Silicon Valley tech firms that rely on VC.