• The U.S. JOBS Act: Implications for Non-U.S. Companies
  • August 3, 2012
  • Law Firm: Jones Day - Cleveland Office
  • The Jumpstart Our Business S tartups Act ( “JOBS Act”), as signed into law by President Obama on April 5, 2012, is clearly U.S. legislation intended to address a domestic issue: how to improve capital formation for growth companies in the United States. The legislation was adopted with considerable momentum, and with broad bipartisan support, in part because of the argument that growth companies, post-initial public offering (“IPO”), generate more new jobs, when compared to growth companies that are sold in an M&A transaction. This proposition turned out to be highly attractive to legislators.