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|Access to Capital for Small and Medium-Sized Businesses - ASC Adopts New Capital-Raising Initiatives for Start-Up Businesses|
Alex Bruvels, Jonathan L. Doll; Borden Ladner Gervais LLP;
September 23, 2016, previously published on September 19, 2016The Alberta Securities Commission (ASC) has adopted ASC Rule 45-517 Prospectus Exemption for Start-Up Businesses (Start-Up Exemption) which came into effect July 19, 2016. The Start-Up Exemption is a prospectus exemption intended to allow Alberta-based small and start-up issuers to raise modest...
|Attorney Tom Nichols to Present to the State Bar of Wisconsin on Wisconsin’s Revised Uniform Partnership Act (RUPA)|
Meissner Tierney Fisher Nichols S.C.;
September 23, 2016The presentation titled “Wisconsin’s Revised Uniform Partnership Act” will explore the new opt-in/opt-out provisions for existing partnerships that took effect on July 1, 2016, as part of the Revised Uniform Partnership Act (2015 Wisconsin Act 295).
|Bankruptcy Court Denies Aeropostale's Motions for Equitable Subordination and to Limit Credit Bidding|
Bruce Bennett, Brad B. Erens; Jones Day;
September 22, 2016, previously published on September 2016Secured lenders have welcomed a ruling recently handed down by the U.S. Bankruptcy Court for the Southern District of New York in the chapter 11 cases of Aéropostale, Inc. and its affiliates (collectively, "Aéropostale"). In In re Aéropostale, Inc., 2016 BL 279439...
|Intellectual Property: How Ideas Are Protected|
The Posey Law Firm P.C.;
September 22, 2016, previously published by HG.orgSmall business owners need to know their rights and limitations regarding intellectual property.
|NJ Supreme Court Outlines 7-Part Test for Forced Expulsion of LLC Member|
Stephen P. Katz, Kevin J. O'Connor; Peckar & Abramson A Professional Corporation;
September 16, 2016, previously published on August 2016In the fi rst signifi cant opinion to interpret New Jersey’s Revised Uniform Limited Liability Company Act (“RULLCA”), New Jersey’s Supreme Court ruled on August 2, 2016 that members of an LLC seeking to expel another member have a “high bar” to meet. In IE Test,...
|Louisiana Small Business Rebirth Fund Beginning to Help Owners Recover|
Taylor Porter Brooks Phillips L.L.P.;
September 16, 2016, previously published on September 12, 2016Applications are still being accepted by the Louisiana Small Business Rebirth Fund, which was created to award triage grants to support the thousands of small businesses impacted by the historic flooding in south Louisiana in August 2016. Awards range between $1,000 and $10,000 depending on the...
|Software Audits: Strategies for Licensees|
Julie E. Korostoff, Julia M. Siripurapu; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
September 14, 2016, previously published on August 29, 2016If you have received a software audit request from your software vendor or one of the industry trade groups representing software publishers, such as the Software & Information Industry Association (“SIIA”) or the Software Alliance (“BSA”) you are not alone....
|Massachusetts Creates Tax Credit Program for Angel Investors|
Thomas C. Carey; Sunstein Kann Murphy & Timbers LLP;
September 12, 2016, previously published on August 2016On August 10, 2016, Governor Baker signed HB4569 into law, creating a tax credit program intended to spur angel investments into local high-tech start-ups, particularly those in the fields of digital e-health, information technology and healthcare. The program will permit investors in qualifying...
|An Outline of Some Surprising New SBA Rules that Significantly Affect Both Large and Small Federal Contractors|
Alan I. Saltman; Smith, Currie & Hancock LLP;
September 12, 2016, previously published on August 25, 2016The Small Business Administration (SBA) has just amended its regulations in several important respects. While somewhat of a tangle, these amendments contain things that benefit large businesses as well as small ones that contract with the federal government.
|Amendments to Ohio’s Law Governing Motor Vehicle Franchise Agreements Take Effect on September 14, 2016|
Scott N. Opincar; McDonald Hopkins LLC;
September 12, 2016, previously published on September 2, 2016Effective September 14, 2016, the laws of the State of Ohio governing motor vehicle franchise agreements and the relationship between franchisors and franchisees will change. Sub. Senate Bill 242, passed by the 131st Ohio General Assembly on May 25, 2016, modifies the process by which a franchisee...