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HTMLConnecticut Tax Credit Incentivizes Angel Investment in Start-up Businesses
R. Scott Beach, Richard D. Harris, Charles H. Lenore, Mark G. Sklarz, David A. Swerdloff; Day Pitney LLP;
Legal Alert/Article
May 13, 2010, previously published on May 7, 2010
The Connecticut legislature passed H.B. 5435 on May 1, 2010, which authorizes a personal income tax credit of up to $250,000 for an "angel investor" who makes equity investments in start-up Connecticut businesses in specified sectors. If Governor Rell signs the bill - and it is expected...

 

Adobe PDFNY State Comptroller Bans Pension Fund "Pay-to-Play" Political Contributions
James E. Bowers, R. Scott Beach, Shawn T. Wooden; Day Pitney LLP;
Legal Alert/Article
September 29, 2009, previously published on September 25, 2009
New York State Comptroller Thomas P. DiNapoli issued an executive order on September 23, 2009 prohibiting the $116.5 billion New York State Common Retirement Fund ("Fund") from doing business with any investment adviser who has made a political contribution to the State Comptroller or a...