Gotta love Hallmark and marketing people. Those who push Mother's, Father's, Valentine's, Grandparents', Sweetest's, Boss's, Clergy Appreciation, Ferris Wheel and Administrative Assistant's Day have another friend. A guy who runs something called the American Lawyers Public Image Association (ALPIA) is declaring that today is the 15th annual National...
It was in many ways the centerpiece of the Jumpstart Our Business Startups (JOBS) Act of 2012. At the signing ceremony all the President could talk about was the idea of "bringing Wall Street to Main Street." And while the JOBS Act has many other...
I've worked in Manhattan pretty much my entire law career. But I only began living here a year ago this week. I had no idea how much more there was to enjoy and appreciate in the Big Apple when you both live and work here....
As announced earlier this week, the SEC today approved final rules for Jumpstart Our Business Startups (JOBS) Act Title III "crowdfunding." We don't have all the details yet but it looks mostly like they proposed it, with a $1 million limit on crowdfunding, limits on what...
The ABA Journal reports that courts are struggling with whether emoticons and emojis, like :) for a smile if you've been sleeping since 1990, have any substantive probative legal value in court cases. If you say something but add a wink does that mean you're kidding or...
Earlier this month, the US House of Representative unanimously passed H.R. 1839, known as the Reforming Access for Investments in Startup Enterprises Act of 2015 or the “RAISE Act of 2015.” What is this you say? Well it clarifies that if you own non-publicly tradeable shares...
Yesterday, the Securities and Exchange Commission proudly announced what Law360 confirmed is a record year in terms of new enforcement cases filed and monies disgorged by alleged and proven law violators. Over $4 billion in sanctions were levied and over 800 new cases brought in the...
How's that for an exciting blog post title? Actually for those of us slogging away on some old-fashioned pre-JOBS Act style private placements, the SEC no-action letter issued to Citizen VC, Inc. in August is very helpful indeed. In fact it goes further in creating...
As relations and trade slowly begin to thaw with Cuba, what is the state of intellectual property protection there? According to a report today in the Washington Post, I suppose "could be worse" is a good summary. There seems to be a willingness by the Castro...
Last week, the US Supreme Court said it would not hear a case in which the appeals court overturned two insider trading convictions. By refusing to hear the case, they effectively let stand the decision below, which many say will make it much tougher to...