News

June 18, 2018
Malcolm B. Nicholls III Joins Gunderson Dettmer’s Industry-Leading Fund Formation Practice

Gunderson Dettmer announced today that Malcolm B. Nicholls III will join its industry-leading fund formation practice, where he will be a partner resident in the Boston office. A highly-respected practitioner, Malcolm brings over 20 years of experience representing venture capital and private equity fund managers and investment advisors globally on a wide range of issues, including formations, secondary transactions, internal governance, and divestments and distributions.

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May 25, 2018
Gunderson Dettmer Associate Anna Westfelt Shares Insights on GDPR

In this video, DataGrail interviews Anna Westfelt, an associate in the firm’s Intellectual Property practice group who focuses on privacy and data security issues. She provides insights on why understanding the General Data Protection Regulation (GDPR) is critical for all businesses. GDPR is effective May 25, 2018.

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May 23, 2018
Form BE-12 Reporting Requirements as Applied to Private Funds

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) is conducting a mandatory survey that imposes reporting requirements on any U.S. business entity (including a fund, general partner entity or management company) in which a foreign person directly or indirectly held a voting interest of 10 percent or more at any time during the 2017 fiscal year. 

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May 23, 2018
New Sexual Harassment Prevention Laws Apply to All New York State and New York City Employers

The Stop Sexual Harassment in NYC Act (the “Act”), a comprehensive package of legislation aimed at combating sexual harassment in the workplace and strengthening New York City’s existing anti-sexual harassment laws, was signed into law by Mayor Bill de Blasio on May 9, 2018. In lockstep with New York City’s new sexual harassment law, Governor Cuomo signed into law the New York State Legislature’s anti-sexual harassment legislation in the state’s 2019 budget.
 

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May 9, 2018
Gunderson Dettmer Advises Flipkart in $16 Billion Deal, Making Walmart Inc. its Largest Shareholder

Gunderson Dettmer acted as international and M&A counsel to Flipkart in a $16 billion deal that will make Walmart Inc. its largest shareholder. Flipkart, which has been a client since 2011, is one of India’s largest e-commerce marketplaces and includes group companies Flipkart, Myntra, Jabong, and PhonePe. Launched in 2007, Flipkart has enabled millions of customers, sellers, merchants, and small businesses to be a part of India's e-commerce revolution, offering over 80 million products across 80+ categories.

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May 8, 2018
2018 Cayman Client Memo

As you may be aware, certain changes in Cayman Islands law relating to Anti-Money Laundering and Know Your Customer (AML / KYC) requirements go into effect in the near future. We are writing to our venture capital and private equity fund clients to remind you of such changes as well as regarding FATCA / CRS registration and reporting obligations for 2018. 

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May 8, 2018
New Mandatory Form BE-12 Reporting Requirement for U.S. Persons with Foreign Owners

The U.S. Department of Commerce’s Bureau of Economic Analysis (BEA) is conducting a mandatory survey that imposes reporting requirements on any U.S. business in which a foreign entity directly and/or indirectly held a voting ownership interest (or the equivalent) of 10 percent or more at any time during that U.S. person’s 2017 fiscal year. All such U.S. persons must file Form BE-12 with the BEA by May 31, 2018 or by June 30, 2018if using the BEA eFile system at www.bea.gov/efile

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January 16, 2018
2018 Schedule 13G / Schedule 13F Filings

2018 Schedule 13G / Schedule 13F Filings, Form 13H Annual Update Filings,  Annual Privacy Notice Mailing Requirement and Preliminary Reminder of Form ADV Annual Updating Amendment Requirements

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