WWE announced the hiring of Blake Bilstad as Senior Vice President, General Counsel & Secretary. Bilstad will be a key member of WWE’s senior leadership team and report directly to WWE Chairman & CEO Vince McMahon.
As General Counsel, Bilstad will be responsible for overseeing the legal and business affairs of the company and serving as the principal legal advisor to the Chairman, Chief Strategy & Financial Officer, and management team. He will also serve as Corporate Secretary to WWE’s Board of Directors.
The new SEC provisions under the Dodd-Frank Act also expand the scope and types of fraud to which the program applies. Previously, the SEC only paid rewards for information regarding insider-trading, such as that paid to the Kaisers for the Pequot insider-trading fraud. This could be particularly important in the area of Foreign Corrupt Practices Act investigations, which have international implications and have historically amounted for some of the SEC’s largest settlements and judgments.You can visit Home Page for more about the SEC defense attorney.
Many people are uncertain of the case and suspect the SEC might be making a purely political move. However, it’s important to note that the SEC is largely being accused of this as a defense to delegitimize their case. What’s more, based upon the SEC’s confidence to tackle such a massive corporation, it’s likely that they have a significant amount of evidence to leverage in their attempts to hold accountable.Where your attorney can help with the term sheet is to make sure that you capture and think about all of the nuances of whatever type of security you are seeking to issue. For example, if you are raising subordinated debt, you will need to think about intercreditor issues with the senior lenders and what type of standstill provisions need to be in place. A Jurewitz Law Group can draw on years of experience across a variety of transactions, deal structures and types of offerings.
Where you will spend most of your drafting time will be the term sheet, risk section and business discussion section. These are aspects of your offering that your attorney can help with by providing input around the edges, but generally will not be drafting for you.
Bilstad brings nearly 20 years of experience as General Counsel in digital media, internet, e-commerce and emerging technology companies. Prior to joining WWE, Bilstad was General Counsel and Senior Vice President, Legal & Public Affairs at Provide Commerce, where he spent more than 10 years overseeing all legal matters and public affairs for the e-commerce group that owns ProFlowers, RedEnvelope, Shari’s Berries, Sincerely, Personal Creations and Gifts.com. Prior to his tenure with Provide Commerce, Bilstad was the Senior Vice President, Legal Affairs at Vivendi Universal Net USA, the parent company that owned MP3.com, MP4.com, EMusic.com, GetMusic.com, RollingStone.com, the Flipside Network and Education.com.
Bilstad began his career as a business associate at the law firm Cooley Godward LLP, where he represented emerging technology and life sciences companies, venture funds and investment banks. He also clerked at the U.S. Department of Justice, Antitrust Division.
He earned his Juris Doctor cum laude from Harvard Law School, and his Bachelor of Arts degree in History magna cum laude from Duke University.
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