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Adobe PDFPotential Tax Changes Ahead for Pennsylvania Nonprofits
H. Lee Schwartzberg; Schnader Harrison Segal & Lewis LLP;
Legal Alert/Article
April 20, 2015, previously published on January 2015
Pennsylvania charities that rely on exemptions from real property tax and sales and use tax may have good reason to be concerned. A recently released special report prepared by the Pennsylvania Auditor General quantifying potential tax revenues from currently exempt properties underscores the...

 

HTMLSEC Adopts Regulation A+: Two New Alternatives for Exempt Capital Raises
Dorothee Fischer-Appelt, Godric C. Shoesmith; Greenberg Traurig Maher LLP;
Legal Alert/Article
April 17, 2015, previously published on April 2, 2015
On March 25, 2015, the U.S. Securities and Exchange Commission (the “SEC” or the “Commission”) adopted final rules implementing Title IV of the Jumpstart Our Business Startups Act (the “JOBS Act”) by amending SEC Regulation A to create two new exemptions for...

 

HTMLTSX Private Markets Launched by TMX Group
Alex Bruvels, Michael C. DeCosimo; Borden Ladner Gervais LLP;
Legal Alert/Article
April 16, 2015, previously published on April 8, 2015
In late 2014 the TMX Group launched TSX Private Markets, a new business that offers capital raising and trading services to provide public and private companies the opportunity to access capital in early stages of development in Canada’s exempt market.

 

HTMLImportant Changes Coming to Alberta’s Guarantees Acknowledgment Act
Michael J. Styczen, Catrina Webster; Davis LLP;
Legal Alert/Article
April 16, 2015, previously published on April 7, 2015
Long-awaited changes to Alberta’s Guarantees Acknowledgment Act1 (“GAA”) will come into effect on April 30, 2015.2 These changes will have a significant effect on the practice of providing personal guarantees in Alberta.

 

HTMLNew Developments in Prospectus Exemptions to Enhance Opportunities for Raising Capital
Andre Garber, Jason A. Saltzman; Dentons Canada LLP;
Legal Alert/Article
April 16, 2015, previously published on February 27, 2015
On February 19, 2015, the Ontario Securities Commission (OSC) introduced a family, friends and business associates prospectus exemption and the Canadian Securities Administrators proposed amendments to the accredited investor, the short-term debt and the minimum amount investment prospectus...

 

HTMLConfidentiality Agreements May Violate Dodd-Frank Act
Richard J. Cino, V. John Ella, David R. Jimenez, Joseph C. Toris; Jackson Lewis P.C.;
Legal Alert/Article
April 16, 2015, previously published on April 2, 2015
Among other things, the DFA established the statutory framework for the SEC’s whistleblower program. After developing and implementing the program, the SEC said that it would turn its focus to employer agreements — whether separation agreements, confidentiality agreements, or other...

 

HTMLSummary of EPA's Proposed Rule for Nanoscale Substances
Keller Heckman LLP;
Legal Alert/Article
April 15, 2015, previously published on April 13, 2015
EPA is proposing to collect information from companies that have manufactured, imported, or processed chemical substances at the nanoscale in the three years prior to the effective date of the rule. Reports are due 6 months from the effective date of the rule.

 

HTMLThe OSC's Proposed Whistleblower Program
Matthew Fleming, Jason A. Saltzman, Mike (Michael) D. Schafler; Dentons Canada LLP;
Legal Alert/Article
April 15, 2015, previously published on February 18, 2015
On February 3, 2015, the Ontario Securities Commission (OSC) released Staff Consultation Paper 15-401. The OSC proposed a whistleblower program aimed at encouraging individuals with high quality information regarding serious misconduct to come forward. The program would fall under the Enforcement...

 

HTMLFDA-Regulated Industry Litigation Update regarding "Made in the U.S.A." Claims
Melvin S. Drozen, Alissa D. Jijon, Richard F. Mann, Evangelia C. Pelonis, Frederick A. Stearns; Keller and Heckman LLP;
Legal Alert/Article
April 15, 2015, previously published on April 14, 2015
We look forward to having you join us for our upcoming webinar, “Made in the U.S.A.” Claims: A Marketer's Guide. Relatedly, we are writing with an update on a recent litigation development in the “Made in the U.S.A.” claim arena, particularly as it may have implications for...

 

HTMLAccreditation of Branches and Representative Offices of Foreign Companies in Russia New Rules
Svetlana Barinova; Dentons Canada LLP;
Legal Alert/Article
April 15, 2015, previously published on January 28, 2015
The change is connected with the entry into force, as of January 1, 2015 of Federal Law No. 106-FZ "On Amendments to Certain Legislative Acts of the Russian Federation" dated May 5, 2014 (the "Law"). The most important new developments are:

 


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