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December 15, 2022Firm News
Gunderson Dettmer Announces 11 New Elected Partners

Gunderson Dettmer has elected 11 new partners, effective January 1, 2023. These elevations add to the firm’s Corporate and Securities, Executive Compensation, Fund Formation, and Licensing, Strategic Partnering and Commercial Transactions practices.

January 18, 2023Insights
Annual Reminders: Securities Filings (Schedule 13G / Form 13F / Schedule 13D Filings, Form 13H Annual Update Filings), Privacy Notices and Policy Updates, Form ADV Updating Amendment Requirements

The annual deadline for filing certain initial Schedules 13G, an amendment to a previously filed Schedule 13G, an initial Form 13F filing, and an annual update to a previously filed Form 13H with the Securities and Exchange Commission (the “SEC”) for the year ended December 31, 2022 is Tuesday, February 14, 2023.

January 17, 2023Insights
FTC Proposes Nationwide Ban on Post-Termination Non-Compete Agreements

On January 5, 2023, the Federal Trade Commission (FTC) formally proposed a rule banning employers from using non-compete agreements nationwide. The FTC’s proposed rule would make it an illegal and “unfair method of competition” for an employer to enter into or attempt to enter into a post-termination non-compete clause with any worker, or to maintain or threaten to enforce an existing non-compete provision against current or former workers. The ban would cover all post-termination non-competes and “de facto” non-competes with employees, independent contractors, interns, and volunteers, with exceptions for certain agreements entered into by a seller of a business and in the franchise context.

January 12, 2023Firm News
The Legal 500 Asia-Pacific 2023 Recognizes Gunderson Dettmer as a Top-Tier Firm

Gunderson Dettmer’s Singapore office has been ranked Tier 1 in Start-up and Venture Capital (Foreign Firms in Singapore) by The Legal 500. Singapore managing partner Jonathan Pentzien was named Leading Individual. David He, who was promoted to partner in January 2022, was the only lawyer ranked as a Next Generation Partner.

January 11, 2023Insights
2023 Employment and Labor Law Update

As 2023 begins, employers in the innovation economy face new employment law challenges, while attempting to navigate an uncertain economic terrain. At a time when many companies are recalibrating and focused inward, the federal government and numerous states are moving forward with bold employment-related initiatives.

January 5, 2023Insights
SEC Strengthens Investor Protections Against Insider Trading

On December 14, 2022, the U.S. Securities and Exchange Commission (SEC), displaying a rare united front, voted unanimously to adopt the first substantive reforms to Rule 10b5-1 under the Securities Exchange Act of 1934 (Exchange Act) since its enactment more than twenty years ago, and enhanced trading-related disclosure and reporting requirements applicable to public issuers and their insiders.

December 21, 2022Insights
Start Preparing for New State Privacy Laws That Take Effect in 2023

Inspired by California’s landmark privacy law (the California Consumer Privacy Act or “CCPA”) and the European Union’s General Data Protection Regulation (“GDPR”), state legislatures across the U.S. have been busy trying to replicate those laws in their own states. Several states have now passed privacy laws, many of which are substantially similar to the CCPA and the GDPR. Many other states are actively considering similar privacy legislation, and we expect to see another active year in the privacy world in 2023. This alert highlights key requirements in these new laws – specifically, the California Privacy Rights Act, the Virginia Consumer Data Protection Act, the Colorado Privacy Act, the Connecticut Act Concerning Personal Data Privacy and Online Monitoring, and the Utah Privacy Act (collectively, the “2023 State Privacy Laws”), and suggests practical steps companies should take to get ready. Note that some of the 2023 Privacy Laws are still pending final regulations, which could change the requirements.

December 16, 2022Firm News
Gunderson Dettmer Earns Top Rankings in Chambers Asia-Pacific 2023

Gunderson Dettmer’s Singapore office continues to be ranked Band 1 in Startups & Emerging Companies (Singapore) by Chambers and Partners. Singapore managing partner Jonathan Pentzien was honored as a Band 1 Leading Individual for the third consecutive year. David He, who was elected to the partnership in January 2022, was newly ranked Up and Coming by Chambers.