Alex Feathers

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Alex Feathers

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Alex is a third-year law student at the University of Denver pursuing her J.D. with a certificate in Corporate and Commercial Law. Within the Sturm College of Law, Alex holds various executive positions, including President for the Venture Law Society, Co-President for the Student International Cannabis Bar Association, and Tech Editor for the Race to the Bottom blog.

Outside of the Sturm College of Law, Alex is a Lead Partner for the Pioneer Venture Group, a student-run venture capital fund operating under the Daniels School of Business. As a Lead Partner, Alex is responsible for developing internal operations and leading due diligence teams.

Alex will continue working in the asset management arena after she graduates, with no plans of leaving Colorado any time soon.

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Student and Faculty Blog of University of Denver Sturm College of Law
Boston Scientific Ordered to Complete $275 Million Buyout of Channel MedSystems Despite Fraud and Embezzlement

On January 16, 2020, healthcare technology conglomerate Boston Scientific Corp. (NYSE BSX) entered a notice to appeal the Delaware court decision that ordered the completion of a $275 million acquisition of medical device company Channel MedSystems Inc. (“Channel”) (Mike Leonard, Bloomberg Law). The court’s decision comes despite Channel’s previous submissions of falsified records to the Food and Drug Administration (“FDA”). Id.

SAFE Banking for the Cannabis Industry: An Overview

The proposed Secure and Fair Enforcement (“SAFE”) Banking Act of 2019 addresses the cannabis industry’s pressing desire to join the banking world. (American Bankers Association, GovInfo).

Currently, most banks deny modern luxuries such as checking accounts, savings accounts, payroll services, insurance policies, credit cards, debit cards, and online banking to participants in the cannabis industry. Id. This freeze-out stems from laws that hold banks liable for money laundering when processing money from an illegal enterprise. Id. Under federal law, any cannabis related business still constitutes an illegal enterprise. Id. This banking situation is no longer a viable option. Id.