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HTMLSenate Confirms DOE Nominees
Kevin C. Fitzgerald, Peter S. Glaser, Kevin C. Greene, Clifford S. Sikora; Troutman Sanders LLP;
Legal Alert/Article
April 12, 2012, previously published on April 10, 2012
On March 29, 2012, the Senate confirmed several Department of Energy (“DOE”) nominees.

 

Adobe PDFJOBS Act Seeks to Facilitate Growth of Small and Emerging Businesses
Robert E. Spicer; Williams Mullen;
Legal Alert/Article
April 12, 2012, previously published on April 9, 2012
On April 5, 2012, President Obama signed into law the Jumpstart Our Business Startups Act (the "JOBS Act"). The stated purpose of the JOBS Act is "to increase American job creation and economic growth by improving access to the public capital markets for emerging growth...

 

HTMLHow Is A Joint Venture Defined Under the Airport Concessionaire Disadvantaged Business Enterprise (ACDBE) Program?
James R. Benjamin; Pessin Katz Law, P.A.;
Legal Alert/Article
April 12, 2012, previously published on April 9, 2012
The ACDBE Program was establishedto increase contract opportunities for disadvantaged business enterprises (“DBEs”) in the operation of concessions at airports which receive assistance from the U.S. Department of Transportation.

 

HTMLJOBS Act to Ease Capital Formation for Public and Private Companies and Reduce Regulatory Burdens on Emerging Growth Companies: Alert 2 of 2: Focus on Easing Capital Formation for Private Companies
Megan N. Gates, Pamela B. Greene, Daniel T. Kajunski, Brian P. Keane, Jonathan L. Kravetz, Scott A. Samuels; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
April 11, 2012, previously published on April 5, 2012
On April 5, 2012, after overwhelming bi-partisan support in Congress but criticism from regulators and investor protection groups, President Obama signed into law the Jumpstart Our Business Startups Act (the JOBS Act).

 

HTMLStartup Visa Act (2011): New Proposals Designed to Attract and Retain Foreign National Entrepreneurs
Greenberg Traurig LLP;
Legal Alert/Article
April 11, 2012, previously published on April 9, 2012
The Startup Visa Act of 2011 is designed to attract and keep foreign-born startup founders with venture capital and strong entrepreneurial spirits in the United States rather than sending them overseas. The Startup Visa Act was first introduced in the Senate on February 24, 2010, and again on March...

 

HTMLJOBS Act Will Significantly Relax Restrictions on Capital Raising
Paul Bork, Dean F. Hanley; Foley Hoag LLP;
Legal Alert/Article
April 11, 2012, previously published on April 6, 2012
On April 5, 2012, President Obama signed the JOBS Act (Jumpstart Our Business Startups), the culmination of a bipartisan effort by Congress to ease restrictions on capital raising that have affected and guided companies and investors for decades. The bipartisan nature of the process may have...

 

Adobe PDFJOBS Act to Make It Easier and Less Burdensome to Raise Capital in Securities Offerings
Sutherland Asbill Brennan LLP;
Legal Alert/Article
April 10, 2012, previously published on April 6, 2012
On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (JOBS Act) into law. The JOBS Act is intended to make it easier and less burdensome for companies to raise capital through securities offerings, including IPOs and private offerings. Some of the JOBS Act’s...

 

HTMLThe Crowdfunding Bill: Opening the Floodgates
Joel R. Nied; LeClairRyan;
Legal Alert/Article
April 9, 2012, previously published on March 30, 2012
The Entrepreneur Access to Capital Act (EACA), which has been dubbed the "Crowdfunding Bill," has been approved overwhelmingly by the House of Representatives. The Senate passed a similar bill, the Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act, on March 22,...

 

HTMLRobert Zimmerman v. Katherine D. Crothall, et al., C.A. No. 6001-VCP (Del. Ch. March 27, 2012) (Parsons, V.C.)
Potter Anderson Corroon LLP;
Legal Alert/Article
April 2, 2012, previously published on March 27, 2012
In this opinion, the Court of Chancery granted summary judgment in favor of defendants on claims of breach of the duty of care as well as the aiding and abetting thereof, and certain claims for breach of the Limited Liability Company Agreement (the “Operating Agreement”) of Adhezion...

 

HTMLCrowdfunding: One Step Closer to Reality
Evan M. Bienstock, Daniel I. DeWolf, Samuel Effron, Garrett Johnston; Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.;
Legal Alert/Article
March 28, 2012, previously published on March 27, 2012
On Tuesday, March 27, the House of Representatives passed the JOBS (Jumpstart Our Business Startups) Act (H.R. 3606) by an overwhelming majority of 380-41. With this vote, the JOBS Act has passed the final congressional hurdle before going to the President to be signed into law, which is expected...

 


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