On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction halting enforcement of the Corporate Transparency Act (CTA) and the related FinCEN regulations requiring the filing of Beneficial Ownership Information (BOI) Reports, holding that the CTA is likely unconstitutional. While this…

In recent years, financial institutions have become more reliant than ever on third-party service providers for critical operations, creating complex interdependencies that require careful management. Regulators are now taking broad steps to address the risks that accompany the financial sector’s growing dependence on technology vendors. Regulations such as the EU’s…

KO client MetOx International, Inc., a leading U.S.-based developer and manufacturer of high-temperature superconducting (HTS) wire, recently announced the successful closing of an additional $15 million in its Series B funding round, bringing the total to $40 million. Investors for the additional funding include a strategic syndicate of investors, including…

After more than 17 years with KO Law and more than 23 years practicing law, partner John Gaddis has announced that he will step back from practicing law at the end of 2024. John has served as an excellent corporate attorney and trusted advisor to countless clients over the years,…

Open source software is an essential part of most companies’ software development programs. For SaaS companies, open source software offers a way to leverage existing code libraries and components to speed up development and reduce costs. However, using open source software also comes with responsibilities and risks, particularly when it…

KO client Havenly Brands recently announced the acquisition of direct-to-consumer furniture brand Burrow, marking Havenly’s fifth acquisition in two years.  The acquisition broadens Havenly’s reach into direct-to-consumer furnishings with a company that has quick-ship, modular products in a wide range of categories: living room, dining room, bedroom, storage, outdoor and…

KO client Aligned Incentives, an innovative, market-leading provider of AI-powered sustainability planning solutions, was recently acquired by Bureau Veritas, a leader in inspection, certification, and laboratory testing services. “We are excited to join forces with Bureau Veritas and extend our AI-powered enterprise sustainability planning solution to deliver far-reaching global impact,…

KO client Civic Renewables, a national parent company to a growing network of local clean energy businesses, recently acquired premier solar company Florida Power Management, marking Civic’s third acquisition since the company launched earlier this year. “Acquiring Florida Power Management aligns perfectly with our mission to empower local solar businesses.…