Private Capital Markets Luncheon

(Prestonwood Country Club, Dallas, TX) – “2018 was a strong year for the market as a whole. Deal activity in the middle market saw an increase of about 15 percent in both volume and value from 2017. The outlook for economic activity and mergers and acquisitions for 2019 is strong, but there are warning signs

Currency and Securities in the New Age: Bitcoin and Cryptocurrencies

What is Bitcoin? Bitcoin is a decentralized electronic payment system, created in 2009 by Satoshi Nakamoto.[1] Not backed by any governmental entity, Bitcoin is completely electronically created and stored.[2] It is a form of “cryptocurrency”, which is currency that uses encryption and is stored on peer-to-peer technology.[3] Transactions are recorded using blockchain, which is an

Takeaways from the Congressional Examination of ICO’s and Cryptocurrency Markets

The Committee of Financial Services met with Congress this week to examine the economic efficiencies of Cryptocurrency and ICO Markets. From these discussions, Congress will be tasked with balancing the needs of investor protection, efficient markets, and technological innovation as they propose new regulations to guard this new area of capital formation.  As Congress determines

Take the Money or Run?

Take the Money or Run? I regularly have conversations with entrepreneurs and shareholders who are thinking about raising capital or selling their company.  Some of these entrepreneurs are very sophisticated business people who understand business and finance. But, I also have conversations with founders who are new to the world of finance and harbor a

$1.9T: The Total of 2015 M&A Deals and Current Corporate Cash

In its latest newsletter, Pitchbook reports that there M&A transactions totaled $1.9 trillion. (Subscription required for full report). Although there was a dip in activity in the fourth quarter, the year’s total was still 21% higher than the sum of deals in 2014. Corporate Cash Coincidentally, an equal amount of corporate cash is still sitting

Corporate Development Strategies in 2016

As we enter into the new year, McCullough Sudan is pleased to launch of its new blog: “Corporate Development Strategies” (www.corp-dev.com). This blog will examine the legal, business and tax aspects of corporate development including mergers, acquisitions, joint ventures, expanding into new foreign and domestic markets, and the development and commercialization of technologies. We will